Graphics Card Market Size to Hit USD 457.96 Billion by
From GlobeNewswire: 2025-06-18 09:00:00
The Graphics Card Market was valued at $31.84 billion in 2023 and is projected to reach $457.96 billion by 2032, growing at a CAGR of 34.48%. The market is driven by data center expansion and creative demands, with Asia-Pacific leading the market while North America emerges as the fastest-growing region.
The market is fueled by the increasing need for high performance computing in gaming, AI, and real-time content creation. Companies like Microsoft are scaling up GPU-based data centers, while creative professionals rely on powerful GPUs for 3D rendering and high-resolution editing.
In 2023, the Asia-Pacific region dominated the market, with a 46% revenue share, driven by investments in strong manufacturing ecosystems and high-performance computing demand. North America is expected to experience the fastest growth from 2024 to 2032, led by key players like Nvidia and AMD.
The graphics card market is segmented by type, connectivity, application, and end-use. Dedicated graphic cards lead the market, while integrated graphic cards are projected to witness the fastest growth. PCIe connectivity dominates, while external graphic cards are poised for rapid growth.
The gaming segment led the market in 2023, with a 37% revenue share, driven by demand for high-performance GPUs in gaming, esports, and VR. The AI and ML segment is set for the fastest growth, as industries utilize GPUs for deep learning and data analytics.
Recent developments include NVIDIA’s Ampere 50 Series GeForce RTX GPUs and AMD’s Instinct MI350, both pushing the boundaries of performance and AI efficiency. SNS Insider offers in-depth market research and consulting services to help clients make informed decisions in the ever-changing market landscape.
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