Artificial Intelligence
With CAGR 21.2%, Graphics Processing Unit (GPU) Market Size, Share, Latest Trends, Global Growth, Recent Developments and Future Demand 2023-2029
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Luton, Bedfordshire, United Kingdom, March 20, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Graphics Processing Unit (GPU) Market.
The Global Graphics Processing Unit (GPU) Market at a CAGR of 21.2%, and it is expected to reach above USD 200.78 billion by 2029, over the forecast period.
Graphics Processing Unit (GPU) Market Overview:
The Graphics Processing Unit (GPU) Market has been growing rapidly in recent years due to the increasing demand for GPUs in a variety of applications, including gaming, machine learning, data analysis, and cryptocurrency mining. GPUs are specialized processors designed to handle complex graphics and parallel computing tasks, and their use has expanded beyond the traditional gaming and graphics industries.
The global GPU market is expected to continue growing at a steady pace over the next several years, driven by several factors, including the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies in various industries, the growing demand for high-quality gaming experiences, and the rising popularity of virtual and augmented reality applications.
However, there is increasing competition in the GPU market, with new players such as Qualcomm and Huawei entering the market with their own GPU solutions. This competition is expected to drive innovation and further advancements in GPU technology, leading to more powerful and efficient GPUs in the future.
Overall, the GPU market is expected to continue growing as the demand for high-performance computing solutions increases in various industries, and as new applications and use cases for GPUs emerge.
Get a Sample PDF Copy of the Graphics Processing Unit (GPU) Market Report:
https://exactitudeconsultancy.com/reports/3374/graphics-processing-unit-gpu-market/#request-a-sample
Recent Developments Of Graphics Processing Unit (GPU) Market:
AMD’s acquisition of Xilinx: In October 2020, AMD announced its plans to acquire Xilinx, a leading provider of field-programmable gate arrays (FPGAs). This acquisition will allow AMD to expand its portfolio of high-performance computing solutions, including GPUs, and better compete with industry leader Nvidia.
Nvidia’s acquisition of ARM: In September 2020, Nvidia announced its plans to acquire ARM, a leading provider of semiconductor intellectual property. This acquisition has the potential to significantly reshape the GPU market, as Nvidia will gain access to ARM’s vast customer base and technology portfolio.
Introduction of Nvidia’s Ampere architecture: In 2020, Nvidia introduced its latest GPU architecture, Ampere, which delivers significant performance improvements over the previous generation. Ampere GPUs are optimized for AI and ML workloads and are expected to be widely adopted in data centers and other high-performance computing applications.
The main competitors in the global Graphics Processing Unit (GPU) Market are:
Advanced Micro Devices, Inc., Dassault Systèmes, Google LLC, Intel Corporation, International Business Machines Corporation, Nvidia Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Siemens, Sony Corporation are some of the key players in Global Graphics Processing Unit (GPU) Market.
The Graphics Processing Unit (GPU) market is a rapidly evolving space, and there are several latest trends that are shaping the industry. Here are a few of the most notable ones:
Increased adoption of GPUs in artificial intelligence (AI) and machine learning (ML): With the growing importance of AI and ML in various industries, there is an increasing demand for powerful computing solutions to process large amounts of data. GPUs are well-suited for these tasks, and as a result, there has been a significant increase in their adoption in this space.
Expansion of the gaming industry: The gaming industry continues to grow, and as a result, there is a growing demand for high-quality gaming experiences. GPUs play a crucial role in delivering the necessary graphics and processing power for modern games, and this trend is expected to continue.
Development of more specialized GPUs: As the demand for GPUs increases in various industries, there is a growing need for more specialized GPUs that are optimized for specific tasks. For example, there are GPUs that are designed specifically for deep learning tasks, and others that are optimized for cryptocurrency mining.
Graphics Processing Unit (GPU) Market Report Highlights:
| Aspects | Details |
| By Type |
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| By Industry Vertical |
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| By Region |
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| Key Market Players | Advanced Micro Devices, Inc., Dassault Systèmes, Google LLC, Intel Corporation, International Business Machines Corporation, Nvidia Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Siemens, Sony Corporation & More. |
The research highlights important participants and manufacturers as well as the most recent tactics, including new product releases, collaborations, joint ventures, technology, segmentation of regional and industrial competitiveness, profit and loss ratios, and investment suggestions. a precise evaluation of efficient production and advertising methods, as well as market share, growth rate, size, revenue, and value chain analysis.
The “World Graphics Processing Unit (GPU) Market Research Report” is an in-depth analysis of the global industry with a focus on the current situation of the global Graphics Processing Unit (GPU) market. The research provides important data on the worldwide Graphics Processing Unit (GPU) Market’s manufacturers market state and is a great resource for businesses and people interested in the sector.
Access the full report description, summary, figure table, graph, etc. at:
https://exactitudeconsultancy.com/reports/3374/graphics-processing-unit-gpu-market/
Graphics Processing Unit (GPU) Market Future Demand:
The Graphics Processing Unit (GPU) market is expected to experience significant growth in the coming years, driven by a variety of factors including the increasing demand for GPUs in gaming, artificial intelligence, machine learning, and data analytics applications.
One of the main drivers of the GPU market is the rise of the gaming industry. As the demand for high-quality graphics and immersive gaming experiences continues to increase, so does the demand for powerful GPUs that can handle the intense processing requirements of modern games.
In addition to gaming, the use of GPUs in artificial intelligence and machine learning is also driving growth in the GPU market. These technologies require vast amounts of processing power to analyze large amounts of data, and GPUs are well-suited for these tasks due to their ability to perform parallel processing.
The growth of data analytics is also fueling demand for GPUs, as companies require powerful hardware to process and analyze large data sets.
Overall, the GPU market is expected to continue its growth trajectory in the coming years, with increasing demand from gaming, AI, and data analytics driving market expansion.
Graphics Processing Unit (GPU) Market regional market (regional production, demand and country forecast): –
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and more.
The research broadside examines the global market’s past, present, and future performance. The paper also examines the competitive environment at the moment, the dominant business models, and the probable advancement of offers from important companies in the upcoming years.
Key aspects of the report include:
– Comprehensive examination of the global Graphics Processing Unit (GPU) market – Variable sector market dynamics.
– Market segmentation in depth.
– Sizes of the markets in terms of volume and value over time, both recent and future
– Latest changes and trends – Competitive Environment of the Global Graphics Processing Unit (GPU) Market.
– Strategy and products offered by key players.
– Prospective Markets and Isolated Areas with Possible Growth
– A Comparative Analysis of Barcode Mobile Computers and the World Barcode-Scanner Market.
Reasons To Buy Global Graphics Processing Unit (GPU) Market Report:
1. Current and future outlook of the Global Graphics Processing Unit (GPU) Market in developed and emerging markets.
2. Analysis of various market perspectives with the help of Porter’s five forces analysis.
3. The segment that should dominate the Global Graphics Processing Unit (GPU) Market.
4. Regions that are expected to see the fastest growth during the forecast period.
5. Identifies the latest developments, global Graphics Processing Unit (GPU) Market shares and strategies used by major market players.
Furthermore, the market Research affirms the major global players in the Global Graphics Processing Unit (GPU) Market. Their key marketing strategies and advertising techniques have been highlighted to offer a clear understanding of the Global Market.
Artificial Intelligence
IBS Software Announces Appointment of New Chief Executive Officer Somit Goyal
DUBAI, UAE, June 17, 2024 /PRNewswire/ — IBS Software, a leading SaaS solutions provider to the travel industry globally, has appointed Somit Goyal as its new Chief Executive Officer (CEO), effective immediately. Somit succeeds Anand Krishnan, who served as CEO of IBS Software since 2018.
Somit Goyal brings a wealth of experience in the enterprise software sector, having held leadership roles at globally renowned companies such as Microsoft, SAP, Oracle and AOL.
During his 11-year tenure at Microsoft, Somit held several leadership roles across strategy, operations, sales and customer success. In his last role, he managed the global sales of Microsoft’s Modern Work cloud business, and before that, Somit served as the Chief Operating Officer of Microsoft’s Public Sector business worldwide. Somit also conceived and established the Customer Success function at Microsoft, an area of growing importance for IBS Software as it continues to expand globally.
Most recently, Somit served as President and COO of Pluralsight, a SaaS company, where he oversaw product, engineering and GTM functions.
“Somit’s impressive experience in operating global SaaS businesses, leading diverse teams, and managing all facets of enterprise software make him exceptionally well-suited to lead IBS Software during this exciting phase of growth,” said V K Mathews, Executive Chairman of IBS Software. “IBS Software is at a pivotal point in its trajectory as we continue to innovate to better serve our customers. I am confident Somit will help unlock our full potential.”
With a comprehensive portfolio of modular, cloud-based solutions purpose-built for the travel industry, IBS Software helps travel companies accelerate innovation and drive efficiency across a broad set of core business processes, including passenger services, flight operations, cargo and logistics, loyalty management, cruise operations, energy & resource logistics and hospitality businesses.
“With a broad portfolio of industry leading products, marquee customers and a talented team, with deep domain expertise IBS Software stands at the forefront of travel industry innovation. I couldn’t be more excited to join IBS Software and help lead it through its next exciting chapter.” said Somit Goyal, who holds an electrical engineering degree from the Indian Institute of Technology (IIT) in New Delhi, India and an MBA from INSEAD, France.
Somit will report directly to IBS Software Executive Chairman V K Mathews.
ABOUT IBS SOFTWARE
IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software’s solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world.
Further information can be found at www.ibsplc.com Follow us: Blog | Twitter | LinkedIn | Facebook | Instagram
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Artificial Intelligence
ATFX Integrates PriceOn™ from TraderTools to Enhance Global Group Trading Efficiency
HONG KONG, June 17, 2024 /PRNewswire/ — ATFX has announced a significant enhancement to its global trading infrastructure with the integration of PriceOn™ from TraderTools. ATFX is set to revolutionize how the firm manages trading flows from current institutional and retail clients, ultimately improving pricing and execution experiences, alongside attracting new clients with data and risk metrics driven confident, unique pricing.
Enhancing Client Experience
PriceOn will empower ATFX to manage trading flows more effectively and efficiently, ensuring clients benefit from superior execution and competitive pricing. The advanced technology underpinning PriceOn, which leverages artificial intelligence and sophisticated algorithms, is designed to handle complex client flows seamlessly. This capability will enable institutional clients flows to match with a broad range of retail client flows, (and vice-versa) even those with challenging characteristics, without compromising execution performance.
Advanced Technology and Client-Centric Approach
PriceOn’s AI-based algorithms represent the cutting edge of trading technology, providing precise and strategic execution that maximizes profitability for clients. Unlike traditional models, this partnership focuses on delivering enhanced returns for ATFX’s global clients.
Building an Integrated Trading Ecosystem
By integrating PriceOn, ATFX is bridging the gap between retail and institutional trading environments, fostering a cohesive ecosystem that supports diverse global trading needs. This strategic move aligns with ATFX’s broader project of creating an integrated trading environment where different client types can interact seamlessly.
Client-Centric Vision
As Chairman of ATFX, Joe Li expressed his excitement about the integration of PriceOn from TraderTools to enhance ATFX pricing. He stated, “This strategic partnership will revolutionize our pricing capabilities and provide our clients with more competitive and accurate pricing. We are committed to constantly adapting and improving our services to meet the ever-evolving needs of our clients.”
The integration of PriceOn into the ATFX platform is the latest milestone that underscores the company’s dedication to innovation and excellence in trading solutions. Acquisition of regulatory licenses in South Africa and Australia, hiring of key senior industry executives and now the integration of PriceOn confirm ATFX’s position as a vanguard of the industry.
This strategic enhancement will not only improve pricing but also provide clients with a more efficient and profitable trading experience.
About ATFX
ATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities, including the UK’s FCA, Cypriot CySEC, UAE’s SCA, Australian ASIC, and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide.
For further information on ATFX, please visit ATFX website https://www.atfx.com.
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Artificial Intelligence
Personetics Recognized by Celent as a Global Leader in Personal Financial Engagement (PFE) for Retail Banking
Beyond PFM: “Leader in proactive customer engagement” lauded for AI-powered PFE in Celent report
NEW YORK, June 17, 2024 /PRNewswire/ — Personetics, the global leader in AI-based personalized engagement solutions for financial institutions, has been prominently featured in a new report from leading analyst firm Celent titled “Personal Financial Engagement Solutions for Retail Banking.” The report provides an in-depth analysis of the rapidly evolving personal financial engagement (PFE) solution space and the capabilities of 13 vendors.
The Celent report highlights how PFE solutions have advanced significantly beyond basic personal financial management (PFM), spending analysis and budgeting tools – utilizing real-time analytics, AI, and rich transaction data to provide tailored recommendations, automated goal tracking, and proactive guidance and automated journeys directly to banking customers.
As the report states, “Customer engagement is becoming the primary way banks deliver ongoing value to their customers … delivered continually through highly personalized and often proactive engagement,” and “financial institutions should sharpen their thinking about customer engagement through financial wellness and adopt an updated approach to PFE.”
Personetics is recognized as a global leader, with the report noting its “mature and evolving product covering well-defined components of customer engagement and bank value.” It highlights Personetics’ powerful no-code tools that allow financial institutions to develop custom, financial data-driven actionable insights and to quickly deploy journeys, as well as differentiated proactive and automated savings propositions.
“Personetics has been a leader in proactive customer engagement and enrichment of the digital banking experience for over a decade,” states the Celent report. Its “offering is tightly focused on ROI for banks, supporting a number of retention, deposit growth, and cross-sell/service opportunities.” The report cites several of Personetics’ larger bank clients that “have achieved impressive customer engagement with this platform” which ultimately “should return measurable value to the organization.”
The report emphasizes how PFE solutions enable financial institutions to drive stronger customer engagement, retention, deposit growth and cross-selling opportunities by incorporating personalized financial wellness capabilities into their digital banking channels.
As one of Celent’s key recommendations, it advises banks to “incorporate PFE into a wider customer financial wellness program” to multiply value and engagement.
“We’re honored to be recognized as global leaders in Celent’s authoritative new report on the personal financial engagement landscape,” said Udi Ziv, CEO of Personetics. “This recognition validates our long-standing vision and commitment to helping FIs transform routine transactions into valuable personalized experiences that improve financial wellness and build lasting customer loyalty.”
Learn More at the Upcoming Webinar
Personetics’ VP of Strategy and Business Development Dorel Blitz, and Celent analysts Bob Meara and Michael Bernard, will explore the power of PFE in an exclusive webinar on June 26. “Beyond PFM: The Rise of Impactful PFE (Personal Financial Engagement)” will dive deeper into the key findings and recommendations from Celent’s report, provide a roadmap for banks to craft and implement an effective PFE strategy, and showcase real-world examples of financial institutions driving impact with Personetics’ solutions. Register for the webinar to secure your spot.
Download a free copy of the Celent Report: “Personal Financial Engagement Solutions for Retail Banking” to gain a deeper understanding of the PFE landscape and how it can benefit your financial institution.
About Personetics Personetics is the global leader in financial data-driven personalization, enabling financial institutions to forge deeper relationships by enhancing clients’ financial wellness and helping them make smarter decisions. Personetics reaches 135 million customers across 35 global markets while serving more than 100 financial institutions. Personetics’ AI analyzes financial data in real-time to understand customer financial behavior, anticipate needs, and deliver a hyper-personalized experience with day-to-day actionable insights, personalized recommendations, product-based financial advice, and automated financial wellness programs. The company has offices in New York, London, Singapore, São Paulo, and Tel Aviv. For more information, visit www.personetics.com.
Media Contact for PersoneticsMichal Milgalter [email protected]+972-52-3571981
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