According to a new report, published by KBV research, The Global Data Center GPU Market size is expected to reach $114.2 billion by 2030, rising at a market growth of 32.3% CAGR during the forecast period.
The Enterprises segment would witness a CAGR of 32.6% during (2023 - 2030). Enterprises increasingly leverage AI and machine learning for various applications, including data analytics, pattern recognition, and predictive modeling. GPUs play a crucial role in accelerating AI models' training and inference processes. The enterprises' growing interest in AI-driven insights and automation has increased demand for data center GPUs. These aspects will pose lucrative growth prospects for the segment.
The On-premises segment is leading the Global Data Center GPU Market, By Deployment Type in 2022 thereby, achieving a market value of $77 billion by 2030. Organizations may choose on-premises data center GPU solutions when they require direct control over their computing infrastructure. This can be driven by factors such as the need for real-time data processing, data security concerns, or regulatory requirements that mandate local data storage and processing. These factors can lead to increased demand in the segment.
The Inference segment is experiencing a CAGR of 33.2% during (2023 - 2030). Inference is essential for real-time decision-making in applications such as autonomous vehicles, facial recognition, fraud detection, and voice assistants. Industries increasingly integrate AI-driven features into their products and services, necessitating robust data center GPU solutions to handle inference workloads efficiently.
The North America region dominated the Global Data Center GPU Market, By Region in 2022 thereby, achieving a market value of $41.8 billion by 2030, growing at a CAGR of 30.8 % during the forecast period. The Europe region is exhibiting a CAGR of 31.8% during (2023 - 2030). Additionally, The Asia Pacific market would experience a CAGR of 33.5% during (2023 - 2030).
Full Report:https://www.kbvresearch.com/data-center-gpu-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of NVIDIA Corporation, Intel Corporation, Advanced Micro Devices, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Micron Technology, Inc., Qualcomm Incorporated (Qualcomm Technologies, Inc.), IBM Corporation, Google LLC (Alphabet Inc.), Microsoft Corporation, Imagination Technologies Limited.
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By Deployment Type
By Function
By Geography
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