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GPU-as-a-Service Market Growth Forecast to 2025 | BuildCentrix

Home » GPU as a Service (GPUaaS) Market to Cross USD $7 Billion by 2025

GPU as a Service (GPUaaS) Market to Cross USD $7 Billion by 2025

July 9, 2019 Bits and Bytes, News

The GPU as a Service market is predicted to hike from around $700 million in 2018 to $7 billion by 2025, according to a 2019 Global Market Insights, Inc. report. The market growth is attributed to the increasing focus on product design and development across various sectors, such as manufacturing, consumer goods, and automotive.

Engineers, architects, and designers require fast and seamless GPU cores to run rendering and animation designs to build 3D models and attract investors and customers. The use of 3D modeling and animation is increasing rapidly due to the advancements in high-performance computing capabilities of GPU solutions. Animation is being widely used in movies, and the demand for higher graphical output is consistently growing, prompting companies to introduce advanced GPU solutions. Animation studios are partnering with companies providing GPU solutions for enhancing the quality of their animated feature films.

The continuously rising adoption of the IIoT across various sectors, such as manufacturing, automotive, and consumer goods, for product design, development, and data analysis is empowered and backed by deep learning, Artificial Intelligence (AI) and big data analytics that require high-performing GPUs for scaling and speeding up the process. The GPU as a Service (GPUaaS) market players are developing GPU specifically for deep learning and AI. ■

Tags: Economic GrowthEconomySaaS
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