The video card market almost tripled in a year and reached $11.8 billion

By: Maksim Panasovskyi | 04.09.2021, 01:18
The video card market almost tripled in a year and reached $11.8 billion

Jon Peddie Research has summarized the results of the second quarter of 2021 in the market of graphics accelerators for desktops, workstations, servers, scientific tools and solutions for digital currency mining.

According to analysts, the market reached $11.8 billion. It almost tripled (179%) during the year. At the same time there is a slight decline compared to the first quarter of 2021. But this is explained by seasonality. Obviously, the market leader is NVIDIA. Its share is 80%.

Experts from Jon Peddie Research note that in 2020 the market was estimated at $29 billion. In the half of 2021 - more than $12 billion. Within two years, there will be a steady growth. It is expected that by the end of 2023 the sales of graphic accelerators will grow to $44.1 billion.

Source: Jon Peddie Research