GPU as a Service Market Growth Analysis & Forecast Report | 2023-2032

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GPU as a Service Market Share, Trend Growth
Forecast to 2032
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• Industry Insights

• Global GPU as a Service Market is slated to grow
  substantially through 2032 credited to the
  growing transition of organizations from
  on-premises data centers to cloud platforms. The
  population is expected to become more tech-savvy
  and adopt a fitter, healthier lifestyle, which
  will increase the prospects for the production of
  consumer electronic devices, in turn fueling the
  demand for GPU as a service.
• Leading companies in the market are working on
  developing long-term partnerships to introduce
  devices that are easily accessible and offer
  reliable service. For instance, in October 2022,
  Ansys launched Ansys Gateway through Amazon Web
  Services. This service enables the customers to
  use Ansys products in a customized workspace on
  AWS, making it easier to acquire scalable and
  quick technical solutions. To increase the
  accessibility of simulation software, Ansys
  Gateway powered by Amazon allows access to Ansys
  apps higher processing resources on the cloud.

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• Based on service model, the IaaS segment is
  speculated to grow at 35 CAGR from 2023 to 2032
  attributed to the significant rise of the IaaS
  service model due to its additional advantages
  such as providing basic compute, network, and
  storage capabilities to customers on demand,
  through the internet, as well as on a
  pay-as-you-go basis.
• With respect to the delivery model, the hybrid
  segment is projected to expand significantly over
  the review timeline. The hybrid model allows
  users to maintain an ideal balance between
  features and cost to support the lucrative
  enterprise implementation of GPUaaS. This along
  with flexibility, easy to use, and more are some
  of the other benefits provided by the hybrid
  model, which will in turn foster the segmental
  growth.
• Considering the application, the automotive
  sector is anticipated to foresee tremendous use
  of GPU as a service. This can be credited to the
  product's ability to display and power the ADAS
  feature that come as a standard in the cars
  manufactured today.

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• Regional Analysis

Latin America GPU as a Service market is poised
to hold over USD 3.5 billion market share by
2032. One of the main factors supporting the
growth of the GPU as a Service market in Latin
America is the huge rise in the usage of cloud
infrastructure along with industrial internet of
things (IIoT) solutions. Demand for GPU as a
Service has been expanding quickly as more firms
adopt these solutions to boost their operational
effectiveness and acquire a competitive edge.

• Competitive Analysis

• Qualcomm Technologies, Inc., Advanced Micro
  Devices (AMD), NVIDIA Corporation, Autodesk, AWS,
  Cogeco Communications Inc., Dassault Systems,
  Inc., ScaleMatrix Holdings, Inc., Penguin
  Computing Inc., Google LLC, IBM Corporation,
  Microsoft Corp., Nimbix, Inc., Intel Corporation,
  and S3 Graphics

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