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GPU as a Service Market Outlook To 2025 - Business Opportunity and Technological Innovations

Author : Ronak Bora | Published Date : 2020-09-18 

With Artificial Intelligence (AI), Augmented Reality (AR), & Virtual Reality (VR) having metamorphosed every industry vertical, GPU as a Service market is witnessing extensive set of applications across the automotive, gaming, real estate, healthcare, design and manufacturing sectors. GPU as a Service industry’s fortune continue to rise, as multicore processing is proving to be a huge benefit for scaling visual contents, deep learning, natural language processing, speech recognition, and real-time information in the aforementioned applications.

When it comes to utilizing the GPU technology, the automotive, gaming and manufacturing industries are far ahead of others. Industry analysts estimate the overall GPU as a Service market size to exceed USD 7 billion by 2025.

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Artificial intelligence is transforming every aspect of the automotive industry, right from driving to design to manufacturing. Dashboard displays, automotive assembly, and vehicle concepting are all experiencing unprecedented innovation with the adoption of GPU-acceleration and deep learning. The rising trend of making driving experience more safe, more connected, and more convenient are significantly favoring GPU as a Service market demand.

In the coming years, it is expected that the surging automation in vehicles for ADAS, internal infotainment, and other significant applications are likely to contribute toward enhancing GPU as a service industry outlook. It is prudent to mention that several product developers also prefer software-based systems such as CAD and CAM for improving the overall output efficiency and accuracy, which would considerably propel GPU as a service market over the years ahead.

Considering the benefits of GPUs, numerous educational institutes have been extending invitations to industry biggies for supercomputer installation. For instance, the Central China Normal University has called upon Inspur to build a petaflop supercomputer, which will help the educational organization host deep learning workloads and traditional HPC applications.

The deployment of artificial intelligence in particular, is slated to have a significant impact on GPU as a service industry trends, on account of which numerous companies have been striving to improve their AI-based programs and products for learning institutions. The robustly increasing adoption of AI-based technologies across scientific and industrial disciplines is thus anticipated to play a key role in the growth of GPU as a service market.

The increased demand for GPU systems from crypto miners is also proliferating the market growth. GPU as a service market players are strategically developing customized products for miners, providing attractive deals & offers for gamers and other customers. For instance, AMD Group developed Radeon Packs, under which gamers can obtain a discount of up to USD 400 if they buy Vega GPU along with the complementary hardware such as high-end gaming monitors. If a consumer only buys Vega GPU, the price of the card increases by USD 100. Similarly, NVIDIA also launched its new artificial intelligence, gaming, automotive, and professional visualization solutions for long-term growth.

The Asia Pacific GPU as a service market is projected to grow at a CAGR of over 40% during the forecast period. The growing gaming market and supportive government investments to support the designing & manufacturing enterprises are fueling the market growth in the region. The rising internet penetration coupled with the proliferation of smart devices and increasing spend on gaming is transforming the region as a potential market for cloud gaming over the forecast timeline. For instance, China, Japan, and South Korea generated combined gaming revenue of over USD 58 billion in 2018 and were among the top four contributors to the gaming market.

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The prominent GPU providers, such as Intel, AMD, and NVIDIA, are strategically collaborating & partnering with cloud service providers to enhance GPUaaS for end-users and hold a significant market share in the competitive GPUaaS market. GPU as a service market player are developing specific GPUs for several purposes such as deep learning, crypto mining, and cloud gaming. Additionally, this enables them to expand their existing portfolio and increase their geographical reach.

Table of Contents (ToC) of the report:

Chapter 7. GPU as a Service Market, By Service Model

7.1. Key trends in the GPUaaS market, by service model

7.2. SaaS

7.2.1. SaaS market, 2014 - 2025

7.3. PaaS

7.3.1. PaaS market, 2014 - 2025

7.4. IaaS

7.4.1. IaaS market, 2014 - 2025

Chapter 8. GPU as a Service Market, By Application

8.1. Key trends in the GPUaaS market, by application

8.2. Gaming

8.2.1. Gaming market, 2014 – 2025

8.3. Cryptocurrency mining market

8.3.1. Cryptocurrency mining market, 2014 - 2025

8.4. Design & manufacturing

8.4.1. Design & manufacturing market, 2014 - 2025

8.5. Automotive

8.5.1. Automotive market, 2014 - 2025

8.6. Real estate

8.6.1. Real estate market, 2014 - 2025

8.7. Healthcare

8.7.1. Healthcare market, 2014 - 2025

8.8. Others

8.8.1. Others market, 2014 - 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/gpu-as-a-service-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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