+1-888-308-5802     
News Contact Us

GPU Market in Healthcare Sector is Projected to Grow Substantially Over 2018 to 2024

Author : Ronak Bora | Published Date : 2019-05-07 

Application vertical that will help propel GPU market is healthcare, owing to the demand for precision medicine and value-based healthcare. Real-time data has become more vital for healthcare organizations as clinicians seek more accurate information for diagnosing patients during their initial visit. Reports claim that healthcare providers and life science firms are among the 92% of the cross-industry organizations that plan to invest in near real-time big data analytics applications in the future.

For instance, in April 2018, tech giant Google announced plans to reinvent the healthcare industry of U.S. with a focus on big data and AI. The company is reportedly using its know-how in AI to create a new system for the detection, diagnosis, and treatment of diverse diseases, that certainly will require GPUs for processing complex data, further augmenting the growth of the GPU market.

Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/3088

The dedicated GPU market is expected to grow at a CAGR of over 31% from 2018 to 2024 due to the growing demand for these processors as they are more powerful and designed to serve complex graphic processing calculations for applications such as 3D modelling, simulation, and gaming. Proliferation of tablets and gaming PCs will drive the demand for these processors. The built-in graphics technology in these devices helps to deliver unmatched performance and stunning visuals for HDR mobile gaming. The unit shipments of dedicated GPUs are expected to exceed 150,000 thousand units by 2024.

Growth Drivers of GPU Market: -

  1. Growing popularity of VR in gaming applications
  2. Extensive use of integrated GPUs into portable electronic devices
  3. Growing trend of smartphone-based games
  4. Growing adoption for GPUs to support cloud-based analytics applications
  5. Increasing utility of GPUs in healthcare applications

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/3088

The key factors driving the GPU market growth include the rising adoption of GPUs in the healthcare sector, rapidly evolving PC gaming landscape with the advent of interactive Virtual Reality (VR) games, and the growing popularity of GPUs for machine learning and neural network training applications. In applications involving machine learning and Big Data analytics, GPUs are highly efficient when compared with CPUs as they enable excellent multiple parallel processing. With 10-100x application throughput and thousands of computational cores compared to CPUs, GPUs are preferred by scientists and data analysts who require massive Big Data processing capabilities.

The Latin America GPU market is expected to exhibit the fastest growth rate with a CAGR over 35% from 2018 to 2024. The (graphic processing unit) GPU market growth is attributed to the profound growth of the gaming industry in countries including Brazil and Mexico. A rise in the sales of smartphones, PCs, and tablets is also fueling the gaming industry growth. For instance, in September 2018, AsusTek expanded its manufacturing facility in Brazil to cater to growing consumer demands for dedicated gaming computers. As the region’s gaming industry is booming, the demand for smartphones and other gaming devices that use high-speed graphic processors to maintain peak performance during playing sessions will increase.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/gpu-market

Some of the most preferred brands that have made a mark in the GPU market include Nvidia, AMD, Intel, Microsoft, Google, IBM, PTC, Qualcomm, and S3 Graphics. GPU chip makers have been making heavy investments in addition to forging partnerships for developing new and better performing products. For instance, in January 2019, Nvidia announced its partnership with luxury carmaker Mercedes-Benz to develop a new automotive AI platform that could effectively offer control to the automaker’s electronic gears equipped in its new car segments.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org 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. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Ethylene Glycol Monostearate Market Trends 2024 Comprehensive Study Explores Huge Growth in Future

Published Date: 2019-05-23         Author: Ronak Bora

The Global Ethylene Glycol Monostearate Market Report 2018-2024 analyzes the important factors of this market based on present industry situations, market demands, business strategies utilized by the market players and their growth synopsis. This report divides based on the key players, type, applic... Read More

3-Hexenyl Salicylate Market Size 2024 - What Are The Main Factors That Contributing Towards Industry Growth?

Published Date: 2019-05-23         Author: Ronak Bora

Global Market Insights, Inc. newly added the 3-hexenyl salicylate market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years. 3-hexenyl salicylate market share contributors are also used in producing cl... Read More

Dihydromyrcenol Market 2024 Forecasts On Regional Growth, Industry Players And Size

Published Date: 2019-05-23         Author: Ronak Bora

Global Market Insights, Inc. recently introduced new title on 2016-2024 Dihydromyrcenol Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024. Based on application, the dihyd... Read More

© 2019 Fractovia. All Rights Reserved