The North America GPU as a Service Market would witness market growth of 33.5% CAGR during the forecast period (2023-2030).
The public cloud model's wide variety of capabilities, which include every aspect from fundamental networking, computing, and storage capabilities to artificial intelligence, natural language processing (NLP), and ordinary office applications, ultimately fuels growth. The use of GPU cloud-based technologies by the next generation of industrial solutions is driving the demand for GPUaaS.
The market participants are anticipated to be given different growth chances, presenting considerable opportunities for GPUaaS providers, as cloud technology is quickly taking over the technical or non-technical enterprises, and the trend is forecast to continue increasing in the coming years. The demand for GPUaaS is anticipated to rise as more businesses relocate their workloads to the cloud for improved performance and functionality. Additionally, expanding partnerships among cloud service providers, GPUaaS providers, hardware suppliers, and software developers may benefit the market.
The demand for GPU-based built-in computational units that efficiently operate on safety monitoring would certainly expand by several notches as a result of the aforementioned fact. The rising demand for cloud-based applications like graphic creation, image processing, and 3D visualization, among others, is driving the expansion of the market.
The United States has one of the world’s most significant automobile industry and the second-largest industry for vehicle sales and production globally. Additionally, the regional automotive industry is a leader in innovation. New initiatives in R&D are transforming the industry so that it can better respond to the opportunities of the twenty-first century. Over 70 U.S.-based R&D facilities are owned by international manufacturers. With the growing automotive industry, the demand for enhancing power and enabling faster, more accurate decision-making capabilities will grow, due to which the market will grow in this region.
The US market dominated the North America GPU as a Service Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6.3 billion by 2030. The Canada market is estimated to witness a CAGR of 36.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 35.3% during (2023 - 2030).
Based on Enterprise Type, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into Private, Public, and Hybrid. Based on Application, the market is segmented into Telecom & IT, Manufacturing, BFSI, Healthcare, Automotive and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide GPU as a Service Market is Projected to reach USD 22.4 Billion by 2030, at a CAGR of 34.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet Inc.), IBM Corporation, Alibaba Cloud (Alibaba Group Holding Limited), Lambda Inc., Hewlett Packard Enterprise Company (HP Development Company L.P.), Linode LLC (Akamai Technologies, Inc.), CoreWeave, Inc., Vultr (The Constant Company, LLC), and OVH Groupe S.A
Scope of the Study
Market Segments Covered in the Report:
By Enterprise Type
- Large Enterprises
- Small & Medium Enterprises
By Deployment Type
By Application
- Telecom & IT
- Manufacturing
- BFSI
- Healthcare
- Automotive
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- IBM Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Lambda Inc.
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Linode LLC (Akamai Technologies, Inc.)
- CoreWeave, Inc.
- Vultr (The Constant Company, LLC)
- OVH Groupe S.A
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America GPU as a Service Market, by Enterprise Type
1.4.2 North America GPU as a Service Market, by Deployment Type
1.4.3 North America GPU as a Service Market, by Application
1.4.4 North America GPU as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.5 Porter’s Five Force Analysis
Chapter 5. North America GPU as a Service Market by Enterprise Type
5.1 North America Large Enterprises Market by Country
5.2 North America Small & Medium Enterprises Market by Country
Chapter 6. North America GPU as a Service Market by Deployment Type
6.1 North America Private Market by Country
6.2 North America Public Market by Country
6.3 North America Hybrid Market by Country
Chapter 7. North America GPU as a Service Market by Application
7.1 North America Telecom & IT Market by Country
7.2 North America Manufacturing Market by Country
7.3 North America BFSI Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Automotive Market by Country
7.6 North America Others Market by Country
Chapter 8. North America GPU as a Service Market by Country
8.1 US GPU as a Service Market
8.1.1 US GPU as a Service Market by Enterprise Type
8.1.2 US GPU as a Service Market by Deployment Type
8.1.3 US GPU as a Service Market by Application
8.2 Canada GPU as a Service Market
8.2.1 Canada GPU as a Service Market by Enterprise Type
8.2.2 Canada GPU as a Service Market by Deployment Type
8.2.3 Canada GPU as a Service Market by Application
8.3 Mexico GPU as a Service Market
8.3.1 Mexico GPU as a Service Market by Enterprise Type
8.3.2 Mexico GPU as a Service Market by Deployment Type
8.3.3 Mexico GPU as a Service Market by Application
8.4 Rest of North America GPU as a Service Market
8.4.1 Rest of North America GPU as a Service Market by Enterprise Type
8.4.2 Rest of North America GPU as a Service Market by Deployment Type
8.4.3 Rest of North America GPU as a Service Market by Application
Chapter 9. Company Profiles
9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.5 SWOT Analysis
9.2 Google LLC (Alphabet Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Alibaba Cloud (Alibaba Group Holding Limited)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Hewlett Packard Enterprise Company (HP Development Company L.P.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 SWOT Analysis
9.6 Lambda Inc.
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Linode LLC (Akamai Technologies, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 CoreWeave, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Acquisition and Mergers:
9.8.3 SWOT Analysis
9.9 Vultr (The Constant Company, LLC)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.2.2 Product Launches and Product Expansions:
9.9.2.3 Geographical Expansions:
9.9.3 SWOT Analysis
9.10. OVH Groupe S.A
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 SWOT Analysis
TABLE 1 North America GPU as a Service Market, 2019 - 2022, USD Million
TABLE 2 North America GPU as a Service Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– GPU as a Service Market
TABLE 4 Product Launches And Product Expansions– GPU as a Service Market
TABLE 5 Acquisition and Mergers– GPU as a Service Market
TABLE 6 Geographical Expansions – GPU as a Service Market
TABLE 7 North America GPU as a Service Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 8 North America GPU as a Service Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 9 North America Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Small & Medium Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 13 North America GPU as a Service Market by Deployment Type, 2019 - 2022, USD Million
TABLE 14 North America GPU as a Service Market by Deployment Type, 2023 - 2030, USD Million
TABLE 15 North America Private Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Private Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Public Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Public Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Hybrid Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Hybrid Market by Country, 2023 - 2030, USD Million
TABLE 21 North America GPU as a Service Market by Application, 2019 - 2022, USD Million
TABLE 22 North America GPU as a Service Market by Application, 2023 - 2030, USD Million
TABLE 23 North America Telecom & IT Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Telecom & IT Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 27 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 28 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 35 North America GPU as a Service Market by Country, 2019 - 2022, USD Million
TABLE 36 North America GPU as a Service Market by Country, 2023 - 2030, USD Million
TABLE 37 US GPU as a Service Market, 2019 - 2022, USD Million
TABLE 38 US GPU as a Service Market, 2023 - 2030, USD Million
TABLE 39 US GPU as a Service Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 40 US GPU as a Service Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 41 US GPU as a Service Market by Deployment Type, 2019 - 2022, USD Million
TABLE 42 US GPU as a Service Market by Deployment Type, 2023 - 2030, USD Million
TABLE 43 US GPU as a Service Market by Application, 2019 - 2022, USD Million
TABLE 44 US GPU as a Service Market by Application, 2023 - 2030, USD Million
TABLE 45 Canada GPU as a Service Market, 2019 - 2022, USD Million
TABLE 46 Canada GPU as a Service Market, 2023 - 2030, USD Million
TABLE 47 Canada GPU as a Service Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 48 Canada GPU as a Service Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 49 Canada GPU as a Service Market by Deployment Type, 2019 - 2022, USD Million
TABLE 50 Canada GPU as a Service Market by Deployment Type, 2023 - 2030, USD Million
TABLE 51 Canada GPU as a Service Market by Application, 2019 - 2022, USD Million
TABLE 52 Canada GPU as a Service Market by Application, 2023 - 2030, USD Million
TABLE 53 Mexico GPU as a Service Market, 2019 - 2022, USD Million
TABLE 54 Mexico GPU as a Service Market, 2023 - 2030, USD Million
TABLE 55 Mexico GPU as a Service Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 56 Mexico GPU as a Service Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 57 Mexico GPU as a Service Market by Deployment Type, 2019 - 2022, USD Million
TABLE 58 Mexico GPU as a Service Market by Deployment Type, 2023 - 2030, USD Million
TABLE 59 Mexico GPU as a Service Market by Application, 2019 - 2022, USD Million
TABLE 60 Mexico GPU as a Service Market by Application, 2023 - 2030, USD Million
TABLE 61 Rest of North America GPU as a Service Market, 2019 - 2022, USD Million
TABLE 62 Rest of North America GPU as a Service Market, 2023 - 2030, USD Million
TABLE 63 Rest of North America GPU as a Service Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 64 Rest of North America GPU as a Service Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 65 Rest of North America GPU as a Service Market by Deployment Type, 2019 - 2022, USD Million
TABLE 66 Rest of North America GPU as a Service Market by Deployment Type, 2023 - 2030, USD Million
TABLE 67 Rest of North America GPU as a Service Market by Application, 2019 - 2022, USD Million
TABLE 68 Rest of North America GPU as a Service Market by Application, 2023 - 2030, USD Million
TABLE 69 Key Information – Amazon Web Services, Inc.
TABLE 70 Key Information – Google LLC
TABLE 71 Key Information – IBM Corporation
TABLE 72 Key Information – Alibaba Cloud
TABLE 73 key information – Hewlett Packard Enterprise Company
TABLE 74 Key Information – Lambda Inc.
TABLE 75 Key Information – Linode LLC
TABLE 76 Key Information – CoreWeave, Inc.
TABLE 77 Key Information – Vultr
TABLE 78 Key Information – OVH Groupe S.A
List of Figures
FIG 1 Methodology for the research
FIG 2 North America GPU as a Service Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting GPU as a Service Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Porter’s Five Force Analysis: GPU as a Service Market
FIG 8 North America GPU as a Service Market share by Enterprise Type, 2022
FIG 9 North America GPU as a Service Market share by Enterprise Type, 2030
FIG 10 North America GPU as a Service Market by Enterprise Type, 2019 - 2030, USD Million
FIG 11 North America GPU as a Service Market share by Deployment Type, 2022
FIG 12 North America GPU as a Service Market share by Deployment Type, 2030
FIG 13 North America GPU as a Service Market by Deployment Type, 2019 - 2030, USD Million
FIG 14 North America GPU as a Service Market share by Application, 2022
FIG 15 North America GPU as a Service Market share by Application, 2030
FIG 16 North America GPU as a Service Market by Application, 2019 - 2030, USD Million
FIG 17 North America GPU as a Service Market share by Country, 2022
FIG 18 North America GPU as a Service Market share by Country, 2030
FIG 19 North America GPU as a Service Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT analysis: Amazon Web Services, Inc.
FIG 21 SWOT Analysis: Google LLC
FIG 22 Swot Analysis: IBM Corporation
FIG 23 SWOT Analysis: Alibaba Cloud
FIG 24 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 25 SWOT Analysis: Lambda Inc.
FIG 26 SWOT Analysis: Linode LLC
FIG 27 SWOT Analysis: CoreWeave Inc.
FIG 28 Recent strategies and developments: Vultr
FIG 29 SWOT Analysis: Vultr
FIG 30 SWOT Analysis: OVH Groupe S.A