According to a new report, published by KBV research, The Global GPU as a Service Market size is expected to reach $22.4 billion by 2030, rising at a market growth of 34.9% CAGR during the forecast period.
The Small & Medium Enterprises segment is showcasing a CAGR of 36.5% during (2023 - 2030). SMEs don't need to invest in expensive hardware infrastructure to access the required computing power. This can result from cost reductions, less time to reach consumers, and the capacity to compete with larger players in their respective industries. GPU as a service is a flexible and affordable alternative for SMEs with various computing requirements since cloud providers offering GPUaaS make it simpler for SMEs to scale their operations based on demand and only pay for the resources they use.
The Private segment is leading the Global GPU as a Service Market by Deployment Type in 2022; thereby, achieving a market value of $8.6 billion by 2030. Organizations are increasingly choosing a private GPU cloud deployment approach due to the rising security concerns in cloud computing. A single client is the sole user of the private cloud environment. As a result, the systems and infrastructure can be established to provide high levels of security.
The Manufacturing segment is experiencing a CAGR of 34.5% during (2023 - 2030). The growth of the segment is owed to the growing use of high-performance computing (HPC) to manage significant datasets for modeling and simulation projects. The parallel processing capabilities of GPUs make them a great option for executing the complex simulations and computations necessary for product design, material analysis, and validation. GPUaaS solutions provide the tremendous processing capacity needed to complete complicated simulations rapidly, enabling manufacturers to quickly iterate and improve their ideas.
The North America region dominated the Global GPU as a Service Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8.9 Billion by 2030. The Europe region is estimated to witness a CAGR of 34.6% during (2023 - 2030). Additionally, The Asia Pacific region would register a CAGR of 36.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/gpu-as-a-service-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 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
By Enterprise Type
By Deployment Type
By Application
By Geography
Companies Profiled
Unique Offerings 
