Data
Center GPU Market Size, Share, Trends, Industry Report – 2032
The data center GPU market is anticipated to register a CAGR
of over 28.5% between 2024 and 2032, driven by the increasing demand for
high-performance computing (HPC) and data-intensive applications. GPUs excel at
processing tasks, making them ideal for handling complex computations in fields
including AI, ML, and scientific research. In December 2023, IIT Bhubaneswar,
India, established a new AI and HPC Research Center (AHRC) to conduct
interdisciplinary and collaborative research in the fields of AI and
High-Performance Computing.
Cloud service providers leverage GPUs to enhance the
processing power of virtual machines, enabling them to cater to diverse
workloads efficiently. This is particularly prominent as businesses across
sectors shift towards cloud-based solutions, further fueling the demand for
powerful GPU setups in data centers.
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Data center GPU industry is classified based on deployment
model, function, end user, and region.
The data center GPU market from inference segment is slated
to witness substantial growth during 2024-2032, owing to the increasing
deployment of artificial intelligence (AI) applications, particularly in fields
such as image recognition, natural language processing, and autonomous systems.
The emphasis on inference capabilities, where pre-trained models make real-time
decisions, contributed to the industry growth.
As per end user scope, government segment is predicted to
witness decent growth through 2032, due to the increasing reliance on advanced
computing technologies for data-intensive applications. Government agencies are
increasingly relying on data center GPUs to enhance capabilities in areas such
as data analytics, simulation, and cybersecurity. The ever-increasing volume of
data generated, and the subsequent need to process it while ensuring data
security will bolster the segment share.
Europe data center GPU market is poised to generate revenues
over the forecast period, backed by increasing emphasis on sustainability and
energy efficiency in data centers. The rising adoption of GPU-accelerated
applications in industries such as healthcare, finance, and manufacturing,
along with the innovation and digital transformation, contribute to the market
expansion in Europe.
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