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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.

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Data Center GPU Market Size, Share, Trends, Industry Report – 2032

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  1. Data Center GPU Market Size, Share, Trends, Industry Report – 2032

  2. KeyInsights from Data Center GPU Market: • 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.

  3. Continued... • Growth Drivers: • Rising demand for AI and machine learning • Emergence of edge computing • Advancements in data visualization and rendering • Parallel processing for scientific research • 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.

  4. Browse key industry insights spread across 220 pages with 226 market data tables & figures from the report, “Data Center GPU Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/data-center-gpu-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/7616

  5. Continued... • 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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