The Latin America, Middle East and Africa Graphics Card Market would witness market growth of 35.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Graphics Card Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,640.8 million by 2031. The Argentina market is showcasing a CAGR of 36.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 33.9% during (2024 - 2031).
The graphics card market is witnessing a strong shift toward power-efficient and compact GPU designs, driven by the growing demand for laptops, ultrabooks, and portable gaming devices. Traditional high-performance GPUs consume significant power and generate heat, which limits their use in smaller devices. Companies like NVIDIA, AMD, and Intel focus on energy-efficient architectures, AI-driven power management, and advanced cooling technologies to address this.
The demand for mobile GPUs in gaming smartphones, tablets, and handheld consoles is rising. High-performance mobile processors, such as Qualcomm’s Adreno, Apple’s GPU in A-series chips, and ARM’s Mali GPUs, now offer console-like gaming experiences on portable devices. Cloud gaming services like GeForce Now and Xbox Cloud Gaming also leverage power-efficient GPUs in data centers to enable high-quality streaming on lower-powered devices.
The LAMEA region is witnessing a notable surge in demand for graphics processing units (GPUs), driven by advancements in various sectors and strategic government initiatives. In Brazil, the media and entertainment industry significantly contributes to the rising demand for GPUs. The country's vibrant gaming community and burgeoning film production sector require high-performance GPUs for tasks such as 3D rendering, visual effects, and real-time video editing. In the United Arab Emirates (UAE), the IT and telecommunication sector is experiencing rapid growth, leading to an increased need for advanced GPU solutions. South Africa is witnessing a surge in GPU demand, primarily driven by expanding its media and entertainment industry. Hence, as these industries evolve and integrate more advanced technologies, the demand for high-performance GPUs is expected to rise, solidifying the region's position in the global GPU landscape.
Free Valuable Insights: The Worldwide Graphics Card Market is Projected to reach USD 548.07 Billion by 2031, at a CAGR of 32.1%
Based on Type, the market is segmented into Integrated GPUs, Dedicated (Discrete) GPUs, and Hybrid GPUs. Based on Industry vertical, the market is segmented into Media & Entertainment, Electronics, IT & Telecommunication, Defense & Intelligence, and Other Industry vertical. Based on Device, the market is segmented into Smartphones, Computers (Desktops & Laptops), Tablets, Gaming Consoles, Televisions, and Other Device. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type
By Industry vertical
By Device
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![Graphics Card Market Size, Trend & Forecast Report [2031]](https://www.kbvresearch.com/upload/cover/graphics-card-market.jpg "Graphics Card Market Size, Trend & Forecast Report [2031]")
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