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GPUs are the current hot-accessories in the market and will most probably be until next year

In today’s market, the demand for Graphics card processors has increased in the market, and they have become one of the most sought-after PC components today. Currently, the reigning champions in the GPU market are AMD and NVIDIA and their high-end cards have already been completely sold out in the market.

With Intel soon entering the graphics market the competition will grow even fiercer and the demand will certainly rise again. All this has led to tremendous growth in the GPU market and it’s reported to be over 123 million units sold in Q2 2021.

the major reason behind this craze is that GPUs have extremely powerful and the current silicon crises have made them scarce in the market. Even if the prices for the cards are extremely high, buyers empty the products as soon as they arrive on the shelf.

Jon Peddie Research, a research and market analyst firm, which specializes in the technology field, stated in their report that the GPU growth in the second quarter of 2021 shows some pretty interesting numbers.

Coming to the total number of GPUs sold in Q2, the sales were equal to 123 million units which mean that 123 million chips are being distributed across the globe. When we compare this to the same period of Q2 2020, this year’s saw a 37% increase Year-over-Year (YoY).

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The overall estimation of the annual GPU compounding rate will grow 3.5% during 2020-2025 and will reach the total number of 3,318 million units shipped in that period. Coming to the individual contributions of the GPU vendor, AMD’s share declined by 0.2%, Intel grew by 0.1%, and Nvidia has also experienced growth of 0.06%.

the overall market share of all the company’s also increased, and AMD increased its shipments by 2.3%, Intel’s shipments rose by 3.6%, and Nvidia had the highest shipment growth 3.8%. however, the increase in shipments of the company is not only related to the discrete graphics cards but is also related to integrated graphics.

Currently, AMD and NVIDIA are fighting for the top spot in the GPU market and with the arrival of Intel, it will be interesting to see how the GPU market will change.

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Nivedita Bangari
Nivedita Bangari
I am a software engineer by profession and technology is my love, learning and playing with new technologies is my passion.
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