Middle East & Africa Graphics Processing Unit (GPU) Market

The Middle East & Africa graphics processing unit (GPU) market is expected to grow from US$ 1,393.57 million in 2022 to US$ 11,470.10 million by 2030. It is estimated to register a CAGR of 30.1% from 2022 to 2030.

Rising Adoption of Cloud Computing Bolsters Middle East & Africa Graphics Processing Unit (GPU) Market

GPUs are increasingly used in the cloud infrastructure to speed up an expansive range of applications, including ML and AI, analytics and data science, scientific computing, and graphics and media production. The increasing adoption of cloud computing makes it easy and affordable for businesses and individuals to access GPU resources.

Furthermore, companies such as Nvidia explore their footprints in cloud computing, advanced medical imaging for cancer treatment, customer assistance that is automated, gaming of cinematic quality. AI, high-performance computing (HPC), and graphics skills are pushing the boundaries of what is feasible, and now that NVIDIA's GPU-accelerated solutions are accessible on all major cloud platforms, innovators anywhere may easily access huge amounts of power on demand.

Moreover, a number of companies, such as Nvidia, have a hybrid cloud computing strategy, combining on-premises and cloud-based resources. This allows them to scale their GPU resources up or down as needed. This factor would propel the GPU market growth as many individuals use GPUs to expedite their work. This is making GPU computing more accessible than ever before. Thus, the increasing adoption of cloud computing is expected to become a major trend in the GPU market during the forecast period.

Middle East & Africa Graphics Processing Unit (GPU) Market Overview

The GPU market in the MEA grows significantly owing to the increasing adoption of AI and ML. GPUs are useful for accelerating AI and ML workloads, which are becoming gradually important in a wide range of industries, including healthcare, finance, and manufacturing. Also, there is a growing demand for high-performance computing. GPUs are also used for high-performance computing (HPC) applications, such as scientific research, engineering simulations, and video editing. The demand for HPC upsurges rapidly in the MEA as governments and businesses invest in new technologies. Additionally, the gaming market in the region expands rapidly, and GPUs are a key component of gaming hardware.

NVIDIA, AMD, and Intel are among the key players in the GPU market. The companies invest heavily in the region and expand their product offerings to meet the growing demand. Countries such as Saudi Arabia and the UAE also invest in AI. In August 2023, Saudi Arabia and the UAE bought up thousands of the high-performance NVIDIA chips crucial for building AI software, joining a global AI arms race that is squeezing the supply of Silicon Valley's hottest commodity. According to people familiar with the moves, Saudi Arabia has bought at least 3,000 of Nvidia's H100 chips, a US$40,000 processor. Therefore, the GPU market in the MEA is expected to continue to grow rapidly in the coming years owing to the rising adoption of AI and ML, growing demand for high-performance computing, and the expanding gaming market.

Middle East & Africa Graphics Processing Unit (GPU) Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Graphics Processing Unit (GPU) Strategic Insights

Strategic insights for the Middle East & Africa Graphics Processing Unit (GPU) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Graphics Processing Unit (GPU) Report Scope

Middle East & Africa Graphics Processing Unit (GPU) Regional Insights

The geographic scope of the Middle East & Africa Graphics Processing Unit (GPU) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Middle East & Africa Graphics Processing Unit (GPU) Market Segmentation

The Middle East & Africa graphics processing unit (GPU) market is segmented into type, application, and country.

Based on type, the Middle East & Africa graphics processing unit (GPU) market is segmented into dedicated, integrated, and hybrid. The integrated segment held the largest share of the Middle East & Africa graphics processing unit (GPU) market in 2022.

In terms of application, the Middle East & Africa graphics processing unit (GPU) market is categorized into tablet, computer, smartphone, gaming console, television, and others. The smartphone segment held the largest share of the Middle East & Africa graphics processing unit (GPU) market in 2022.

Based on country, the Middle East & Africa graphics processing unit (GPU) market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa graphics processing unit (GPU) market in 2022.

Advanced Micro Devices Inc, ASUSTek Computer Inc, Imagination Technologies Ltd, Intel Corp, NVIDIA Corp, Qualcomm Inc, and Samsung Electronics Co Ltd are some of the leading companies operating in the Middle East & Africa graphics processing unit (GPU) market.