APAC GPUaaS market poised for 40 CAGR by 2025

Source: Global Market Insights

The global GPU as a Service (GPUaaS) market is expected to jump tenfold from around US$700 million in 2018 to US$7 billion by 2025, according to Global Market Insights. The Asia-Pacific (APAC) region is expected to lead this charge with a compounded annual growth rate of more than 40 percent between 2019 and 2025.Growing adoption of Internet of Things (IoT) and Industrial Internet of Things (IIoT) across sectors, such as manufacturing, automotive, and healthcare, due to the rising internet penetration, coupled with the proliferation of smart devices, is fueling the market.

APAC is a key contributor to the gaming market and is rapidly adopting cloud gaming, resulting in industry growth.

The projected growth augurs well for key GPUaaS players such as AMD,  Autodesk, Amazon Web Services, Cogeco Communications , Dassault Systems, HTC, IBM, Intel, Microsoft, Nimbix, NVIDIA, Penguin Computing, PTC, Qualcomm, and Siemens.