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.
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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 |
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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
Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT
HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.
Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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Artificial Intelligence
Overseas Expansion Strategy of K-OTT Introduced in France, KOCCA holds the ‘2024 Korea-France Content Forum’
– The ‘Korea-France Content Forum’ held to establish the Foundation for K-OTT’s oversea expansion
PARIS, May 24, 2024 /PRNewswire/ — The Ministry of Culture, Sports and Tourism (Minister Yu In-chon) and the Korea Creative Content Agency (President, Jo Hyun-rae, hereafter KOCCA) held the ‘2024 Korea-France Content Forum’ on May 24th during the Korea Expo in Paris, France.
The ‘2024 Korea-France Content Forum’ featured a keynote session (K-OTT’s Strategies in Global market) presenting K-OTT’s strategies for international expansion and a roundtable session (Strategies in the Era of Streaming) discussing the growth of OTT platforms and collaborative approaches with production companies.
The forum featured participation from various industry leaders including Kun hee Park (CEO, Wavve Americas), Sangjin Lee (Head of content IP Business, LG U+), Seung ae Sohn (Executive Director, Showbox), Ji ae Sohn (Ambassador for Cultural Cooperation), Moonju Kim (General Director, France Business Center, KOCCA), Isabelle Degeorges (President, Gaumont Television France) which produced the French Netflix original series, participated.
Strategy announcement by Wavve Americas (KOCAWA), the first K-OTT’s launched in Europe
During the Keynote Session, Park Kun Hee – CEO of Wavve Americas, the first domestic OTT Platform to launch services in Europe, Took the stage to discuss the international expansion strategy of KOCOWA, which started offering services in 39 countries including Europe since April of this year. Following this, Lee Sangjin, Head of Content IP Business of LG U+, presented the expansion strategy of LG U+ Mobile TV, encompassing diverse original content.
During the round-table session, participants shared thoughts and solutions regarding the survival strategies of local OTT platforms and production companies amidst the rapid waves of change brought about by the emergence of global OTT platforms.
In particular, through this forum, we were able to observe the proactive implementation of IP protection policies by local production companies in France, aimed at sustainable content creation. Isabelle Degeorges, CEO of Gaumont Television France, noted, “With the introduction of the European Audiovisual Media Services Directive (AVMSD), platforms and production companies can share IPs three years after supplying the content.” Kim Moon-joo, Director of the Korea Creative Content Agency’s France Business Center, participated as a panelist, introducing policies aimed at enhancing the competitiveness of K-OTT and fostering collaboration with production companies.
Park Kun Hee, CEO of Wavve Americas, who participated in the event, stated, “It was a meaningful opportunity to introduce our platform locally in Europe in line with KOCOWA’s expansion into the region”. Additionally, Kyoungbon Koo, Director Broadcasting & Video Content Division at KOCCA commented, “It was a meaningful occasion to not only introduce K-OTT’s strategies to Europe but also to exchange ideas on collaboration between Korea and France. We will continue to focus on activating various forms of collaboration with major international partners in the future”.
KOCCA supports the overseas expansion of excellent domestic OTT content and platforms through the newly established Local OTT Specialized Support Program this year. This initiative aims to enhance the competitiveness of domestic OTT platforms and content by adapting to the changing industrial environment.
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Artificial Intelligence
IoT Node and Gateway Market worth $604.7 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, May 24, 2024 /PRNewswire/ — The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers.
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Browse in-depth TOC on “IoT Node and Gateway Market”
410 – Tables70 – Figures390 – Pages
IoT Node and Gateway Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 424.6 billion
Estimated Value by 2029
$ 604.7 billion
Growth Rate
Poised to grow at a CAGR of 7.3%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Hardware, End-use Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Requirement for wireless spectrum and licensed spectrum
Key Market Opportunities
Accelerated IoT adoption in healthcare sector
Key Market Drivers
Rising use of wireless smart sensors and networks
By Hardware, the Logic Devices are projected to grow at a high CAGR of IoT Node and Gateway market during the forecast period.
Logic devices can adapt to changing requirements even after deployment. As new features or functionalities are needed, the logic within the device can be reprogrammed to accommodate these changes, extending the useful life of the product and reducing the need for hardware revisions. The integration of FPGA technology into IoT devices further enhances these advantages. The integration of FPGAs into IoT nodes and gateways empowers manufacturers to develop highly optimized, customizable, and scalable solutions that meet the diverse needs of IoT applications. Tesla’s Full Self-Driving (FSD) computer utilizes FPGAs to handle complex neural network computations for autonomous driving algorithms. This allows them to potentially improve their FSD capabilities through software updates that reconfigure the logic within the FPGAs.
BFSI segment in IoT Node and Gateway Market is projected to grow at a highest CAGR during the forecast period.
BFSI sector can use IoT technology to provide more convenient solutions for customers. IoT can be used to perform data collection in real time and for instant communication between devices. For instance, it can facilitate cashless payments using an RFID scanner to identify products in the shopping cart and mobile wallet. The adoption of mobile point of sale (mPOS) systems and kiosks is fundamentally reshaping the landscape of the BFSI market. mPOS facilitates transactions anytime, anywhere, benefiting unbanked populations and enabling temporary service points for events. Kiosks offer convenient banking functionalities, reducing wait times and freeing up staff for complex inquiries. These technologies drive cost savings by requiring less investment and automating routine tasks, allowing resources to be reallocated strategically. They provide rich data for personalized services, fraud detection, and operational optimization. mPOS systems and kiosks promote financial inclusion by extending services to remote areas, fostering economic activity and well-being.
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North America accounts for the largest share in IoT Node and Gateway Industry.
The North American IoT market is poised to grow, driven by government efforts to transition cities into smart urban centers. The growing need for sophisticated IoT solutions, fueled by the widespread availability of high-speed data, will further propel market expansion in this region. Furthermore, North America’s dynamic IoT node and gateway ecosystem features established players like Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), driving competition, innovation, and affordability. Increasing research and development at industry levels is broadening the application areas of IoT in various industries, such as retail, consumer electronics, automotive and transportation, and healthcare, especially in the US. The increased demand for effective solutions and focus on early, accurate, and fast diagnosis of diseases has led to huge investments in technological developments in the healthcare sector.
Key Players
Key companies operating in the IoT Node and Gateway companies are Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Development LP (US), TE Connectivity Ltd (Switzerland), Advantech Co., Ltd. (Taiwan), Dell Technologies (US), among others.
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
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IoT Technology Market by Node Component (Sensor, Memory Device, Connectivity IC, Processor, Logic Devices), Software Solution (Remote Monitoring, Data Management), Platform, Service, End-use Application, Geography – Global Forecast to 2029
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About MarketsandMarkets™
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