GPU as a Service Market Size, Share, and Analysis, By Deployment Model (Public GPU Cloud, Private GPU Cloud and Hybrid GPU Cloud), By End-User (BFSI, AI & Machine Learning, IT & Telecom, Healthcare, Automotive, Finance, Media & Entertainment, and Others), By Enterprise Type (Large Enterprises and Small & Medium-Sized Enterprises), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
GPU as a Service Market Size, Share, and Analysis, By Deployment Model (Public GPU Cloud, Private GPU Cloud and Hybrid GPU Cloud), By End-User (BFSI, AI & Machine Learning, IT & Telecom, Healthcare, Automotive, Finance, Media & Entertainment, and Others), By Enterprise Type (Large Enterprises and Small & Medium-Sized Enterprises), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
GPU as a Service Market is anticipated t%li%grow at a CAGR of 29% in the forecast period (2024-2034), with the market size valued at USD 4.3 billion in 2023 and projected t%li%reach USD 71.7 billion by 2034.
GPU as a service or GPUaaS refers t%li%cloud computing models that helps in accessing graphic processing units, based on subscription plans. These services allow consumer wh%li%are accessing these facilities, t%li%utilize the GPUs without any need for dedicated hardware. GPUaaS companies provide virtualized GPU units that users can rent for a variety of applications, which eliminates the need for companies t%li%invest in expensive computing infrastructure. This design allows customers t%li%expand GPU resources as needed, thereby providing flexibility and affordability. Additionally, GPUaaS provides access t%li%advanced computational power without forcing customers t%li%manage hardware maintenance, which makes it useful in areas such as AI, gaming, and scientific research.
MARKET HIGHLIGHTS
GPU as a Service Market is anticipated t%li%reach USD 71.7 billion, growing at a CAGR of 29% during the forecast period, due t%li%the growth in IT and services across various industries, which demand fast operating GPU systems. Graphic processing units are categorised based on deployment model and significantly used in artificial intelligence, machine learning, and automotive industries. Additionally, AI and ML require vast codes and algorithms that can span thousands of pages, due t%li%which power-efficient systems such as GPUs are needed t%li%perform tasks which cannot be completed using CPUs. Moreover, new automotive vehicles and machinery are getting technologically advanced, and with the emergence of the EV segments, the demand for data analytics and visualization using is rapidly expanding. GPU assist in enabling these operations without the usage of equipment, which makes tasks for many industries. Thus, the GPUaaS market displayed durability and innovation, with continuous improvements in performance and efficiency, which drives its growth across various industries.
GPU as a Service Market Segments:
Growth Drivers
Increasing Data Volumes and Complexity Will Drive the Use of Efficient GPUs
Need for Faster Computation Will Influence the Whole Market Growth
Restraint
Security Concerns with Sensitive Data on Cloud Platforms May Hinder Market Growth
Key Players
PRODUCT OVERVIEW
GPU as a Service Market is anticipated t%li%grow at a CAGR of 29% in the forecast period (2024-2034), with the market size valued at USD 4.3 billion in 2023 and projected t%li%reach USD 71.7 billion by 2034.
GPU as a service or GPUaaS refers t%li%cloud computing models that helps in accessing graphic processing units, based on subscription plans. These services allow consumer wh%li%are accessing these facilities, t%li%utilize the GPUs without any need for dedicated hardware. GPUaaS companies provide virtualized GPU units that users can rent for a variety of applications, which eliminates the need for companies t%li%invest in expensive computing infrastructure. This design allows customers t%li%expand GPU resources as needed, thereby providing flexibility and affordability. Additionally, GPUaaS provides access t%li%advanced computational power without forcing customers t%li%manage hardware maintenance, which makes it useful in areas such as AI, gaming, and scientific research.
MARKET HIGHLIGHTS
GPU as a Service Market is anticipated t%li%reach USD 71.7 billion, growing at a CAGR of 29% during the forecast period, due t%li%the growth in IT and services across various industries, which demand fast operating GPU systems. Graphic processing units are categorised based on deployment model and significantly used in artificial intelligence, machine learning, and automotive industries. Additionally, AI and ML require vast codes and algorithms that can span thousands of pages, due t%li%which power-efficient systems such as GPUs are needed t%li%perform tasks which cannot be completed using CPUs. Moreover, new automotive vehicles and machinery are getting technologically advanced, and with the emergence of the EV segments, the demand for data analytics and visualization using is rapidly expanding. GPU assist in enabling these operations without the usage of equipment, which makes tasks for many industries. Thus, the GPUaaS market displayed durability and innovation, with continuous improvements in performance and efficiency, which drives its growth across various industries.
GPU as a Service Market Segments:
- By Deployment Model
- Public GPU Cloud
- Private GPU Cloud
- Hybrid GPU Cloud
- By End-User
- BFSI
- AI & Machine Learning
- IT & Telecom
- Healthcare
- Automotive
- Finance
- Media & Entertainment
- Others
- By Enterprise Type
- Large Enterprises
- Small and Medium Sized Enterprises
Growth Drivers
Increasing Data Volumes and Complexity Will Drive the Use of Efficient GPUs
Need for Faster Computation Will Influence the Whole Market Growth
Restraint
Security Concerns with Sensitive Data on Cloud Platforms May Hinder Market Growth
Key Players
- Amazon Web Services (AWS)
- Google Cloud Platform (GCP)
- Microsoft Azure
- Paperspace
- NVIDIA Tesla on Demand
- Lambda Labs
- Nimbix
- Scaleway
- Shadow
- OVHcloud
- Vectordash
- Mainframe
- Paperspace
- Blazecloud
- Tribeca Digital
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3.GPU as a Service Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.GPU as a Service Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. GPU AS A SERVICE MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. GPU AS A SERVICE MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Deployment Model
11.3.1.1.Public GPU Cloud
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Private GPU Cloud
11.3.1.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Hybrid GPU Cloud
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By End-User
11.3.2.1.AI & Machine Learning
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. BFSI
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.3. IT & Telecom
11.3.2.3.1. By Value (USD Million) 2024-2034F
11.3.2.3.2.Market Share (%) 2024-2034F
11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.4.Healthcare
11.3.2.4.1. By Value (USD Million) 2024-2034F
11.3.2.4.2.Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Automotive
11.3.2.5.1. By Value (USD Million) 2024-2034F
11.3.2.5.2.Market Share (%) 2024-2034F
11.3.2.5.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.6. Finance
11.3.2.6.1. By Value (USD Million) 2024-2034F
11.3.2.6.2.Market Share (%) 2024-2034F
11.3.2.6.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.7. Media & Entertainment
11.3.2.7.1. By Value (USD Million) 2024-2034F
11.3.2.7.2.Market Share (%) 2024-2034F
11.3.2.7.3.Y-o-Y Growth (%) 2024-2034F
11.3.3. By Enterprise Size
11.3.3.1.Large Enterprises
11.3.3.1.1.By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2.Small & Medium Sized Enterprises
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2.Market Share (%) 2024-2034F
11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
12. NORTH AMERICA GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Deployment Model
12.3.2.By End User
12.3.3.By Enterprise Size
12.4. Country
12.4.1. United States
12.4.2.Canada
13. EUROPE GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Deployment Model
13.3.2.By End User
13.3.3.By Enterprise Size
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Deployment Model
14.3.2.By End User
14.3.3.By Enterprise Size
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Deployment Model
15.3.2.By End User
15.3.3.By Enterprise Size
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Deployment Model
16.3.2.By End User
16.3.3.By Enterprise Size
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Amazon Web Services (AWS)
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Google Cloud Platform (GCP)
18.3.Microsoft Azure
18.4. Paperspace
18.5.NVIDIA Tesla on Demand
18.6.Lambda Labs
18.7.Nimbix
18.8. Scaleway
18.9.Shadow
18.10.OVHcloud
18.11. Vectordash
18.12. Mainframe
18.13. Paperspace
18.14.Blazecloud
18.15. Tribeca Digital
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3.GPU as a Service Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.GPU as a Service Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. GPU AS A SERVICE MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. GPU AS A SERVICE MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Deployment Model
11.3.1.1.Public GPU Cloud
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Private GPU Cloud
11.3.1.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Hybrid GPU Cloud
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By End-User
11.3.2.1.AI & Machine Learning
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. BFSI
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.3. IT & Telecom
11.3.2.3.1. By Value (USD Million) 2024-2034F
11.3.2.3.2.Market Share (%) 2024-2034F
11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.4.Healthcare
11.3.2.4.1. By Value (USD Million) 2024-2034F
11.3.2.4.2.Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Automotive
11.3.2.5.1. By Value (USD Million) 2024-2034F
11.3.2.5.2.Market Share (%) 2024-2034F
11.3.2.5.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.6. Finance
11.3.2.6.1. By Value (USD Million) 2024-2034F
11.3.2.6.2.Market Share (%) 2024-2034F
11.3.2.6.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.7. Media & Entertainment
11.3.2.7.1. By Value (USD Million) 2024-2034F
11.3.2.7.2.Market Share (%) 2024-2034F
11.3.2.7.3.Y-o-Y Growth (%) 2024-2034F
11.3.3. By Enterprise Size
11.3.3.1.Large Enterprises
11.3.3.1.1.By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2.Small & Medium Sized Enterprises
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2.Market Share (%) 2024-2034F
11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
12. NORTH AMERICA GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Deployment Model
12.3.2.By End User
12.3.3.By Enterprise Size
12.4. Country
12.4.1. United States
12.4.2.Canada
13. EUROPE GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Deployment Model
13.3.2.By End User
13.3.3.By Enterprise Size
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Deployment Model
14.3.2.By End User
14.3.3.By Enterprise Size
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Deployment Model
15.3.2.By End User
15.3.3.By Enterprise Size
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA GPU AS A SERVICE MARKET SIZE & FORECAST 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Deployment Model
16.3.2.By End User
16.3.3.By Enterprise Size
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Amazon Web Services (AWS)
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Google Cloud Platform (GCP)
18.3.Microsoft Azure
18.4. Paperspace
18.5.NVIDIA Tesla on Demand
18.6.Lambda Labs
18.7.Nimbix
18.8. Scaleway
18.9.Shadow
18.10.OVHcloud
18.11. Vectordash
18.12. Mainframe
18.13. Paperspace
18.14.Blazecloud
18.15. Tribeca Digital
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
