GPU as a Service Market Size By Product (Software [Computer-aided Design (CAD)/ Computer-aided Manufacturing (CAM), Simulation, Imaging, Digital Video, Modeling and Animation], Services [Managed Services, Updates & Maintenance, Compliance & Security]), By Application (Gaming, Design and Manufacturing, Automotive, Real-estate, Healthcare), By Service Model (SaaS, IaaS, PaaS), By Delivery Model (Public, Private, Hybrid), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025
The GPU as a Service market is projected to exhibit an accelerated growth between 2019 and 2025 due to the growing crypto mining and the surging cloud gaming market across various regions. The growing demand for 3D rendering and architectural design services in the real-estate sector to represent 3D animated designs of the infrastructure and attract investors and customers is supporting market growth. The increasing need for environmental modeling, molecular, and biotechnological analysis using data analysis and predictive analysis is driving the market growth.
According to a recent study from Global Market Insights, the GPU-as-a-service (GPUaaS) market is anticipated to grow substantially by 2025, owing to the sudden rise in crypto mining and rapid growth in cloud gaming. The surging prevalence of technologies, such as deep learning and big data, will also support the market outlook. Increasing number of data centers as result of ongoing digitalization across several industry verticals will necessitate the adoption of predictive analytics tools, creating more business opportunities.
GPU as a Service (GPUaaS) Market to Cross USD $7 Billion by 2025: Global Market Insights, Inc.
The Asia-Pacific GPUaaS market is projected to register over a 40% CAGR during the forecast period, owing to the growing adoption of IoT and IIoT across various sectors.