Asia Pacific Graphics Processing Unit (GPU) Market

The Asia Pacific graphics processing unit (GPU) market is expected to grow from US$ 18,677.13 million in 2022 to US$ 1,91,827.52 million by 2030. It is estimated to register a CAGR of 33.8% from 2022 to 2030.

Deployment in Emerging Applications Such as AI and ML Boosts Asia Pacific Graphics Processing Unit (GPU) Market

GPUs are increasingly being used for a wide range of gaming applications, including machine learning (ML), artificial intelligence (AI), and data science. AI and ML algorithms are increasingly being used in a variety of applications, such as natural language processing, image recognition, and data mining. These algorithms require powerful GPUs to train and run. Also, these applications are becoming increasingly popular in a variety of industries such as healthcare, finance, and manufacturing.

Several companies such as NVIDIA and AMD introduce new and innovative AI technologies. Nvidia's latest earnings beat indicates a new phenomenon in the GPU industry. Technology is now at the heart of artificial intelligence boom. Nvidia is finally reaping the benefits of its early AI investment as the engine powers large language models (LLMs) such as ChatGPT. This has helped to mitigate the impact of broader semiconductor industry challenges related to US-China trade tensions and chip shortages across the world.

In August 2023, NVIDIA announced a new configuration for its advanced AI chips, which is intended to accelerate generative AI applications. According to Nvidia, the latest version of the Grace Hopper Superchip enhances the quantity of high-bandwidth memory, allowing the architecture to power larger AI models. The design is optimized for AI inference functions, which effectively power generative AI applications, including ChatGPT. In June 2023, AMD announced its most advanced GPU for AI, the MI300X. The company will start shipping it to some customers later this year. Therefore, owing to the above parameters, the deployment of emerging applications such as AI and ML is expected to offer lucrative opportunities for the GPU market in the coming years.

Asia Pacific Graphics Processing Unit (GPU) Market Overview

The gaming industry in Asia Pacific is broad. The region's 1.5 billion recognized gamers range from hyper-casual to hardcore. Gamers spend more time gaming than the world average and have the highest involvement levels. According to YouGov, Asia continues to dominate the global gaming business. China is the largest gaming market, with three out of ten (29%) Chinese customers focusing to spend the most of their weekly time gaming. Following China, Hong Kong (23%), Indonesia (19%), and Singapore (18%) all have a significant share of weekly gamers.

During the COVID-19 outbreak, India had a significant increase in gaming users, culminating in the growth of the gaming sector. The country had a smaller number of companies involved in digital gaming. However, in 2023, the number has risen to 400. This is mostly due to a significant increase in the number of gaming users, estimated at 90 million. Furthermore, the Sony PlayStation 4 system has achieved enormous popularity, accounting for the highest percentage of shipments in 2020. As a result, rise in number of gaming users has increased demand for graphics processing units in the country, propelling the GPU market growth in India.

South Korea, on the other hand, is expected to develop at a rapid rate in APAC owing to the significant presence of Samsung Electronics. The company is in charge of producing Nvidia Corp's latest gaming processors in order to strengthen its market position. In this context, Samsung's 8 nm process node will be used to produce Nvidia's new series of graphics processing units. Aside from that, the company stated that it intends to invest heavily in order to become the world's largest logic chipmaker by 2030. As a result, such corporate actions would open up new opportunities for the South Korean graphics processing unit industry. Thus, owing to the above factors, the APAC GPU market reports significant growth.

Asia Pacific Graphics Processing Unit (GPU) Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Graphics Processing Unit (GPU) Strategic Insights

Strategic insights for the Asia Pacific Graphics Processing Unit (GPU) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Graphics Processing Unit (GPU) Report Scope

Asia Pacific Graphics Processing Unit (GPU) Regional Insights

The geographic scope of the Asia Pacific Graphics Processing Unit (GPU) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Asia Pacific Graphics Processing Unit (GPU) Market Segmentation

The Asia Pacific graphics processing unit (GPU) market is segmented into type, application, and country.

Based on type, the Asia Pacific graphics processing unit (GPU) market is segmented into dedicated, integrated, and hybrid. The integrated segment held the largest share of the Asia Pacific graphics processing unit (GPU) market in 2022.

In terms of application, the Asia Pacific graphics processing unit (GPU) market is categorized into tablet, computer, smartphone, gaming console, television, and others. The smartphone segment held the largest share of the Asia Pacific graphics processing unit (GPU) market in 2022.

Based on country, the Asia Pacific graphics processing unit (GPU) market is segmented into China, Japan, South Korea, Australia, India, and the Rest of Asia Pacific. China dominated the Asia Pacific graphics processing unit (GPU) market in 2022.

Advanced Micro Devices Inc, Apple Inc, ASUSTek Computer Inc, EVGA Corp, Imagination Technologies Ltd, Intel Corp, NVIDIA Corp, Qualcomm Inc, Samsung Electronics Co Ltd, and SAPPHIRE Technology Ltd are some of the leading companies operating in the Asia Pacific graphics processing unit (GPU) market.