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External Graphics Processing Unit (eGPU) Market Outlook and Forecast from 2024 to 2031
The "External Graphics Processing Unit (eGPU) Market" has experienced impressive growth in recent years, expanding its market presence and product offerings. Its focus on research and development contributes to its success in the market.
External Graphics Processing Unit (eGPU) Market Overview and Report Coverage
An External Graphics Processing Unit (eGPU) is an external device that connects to a computer to improve its graphical processing power. It allows users to enjoy better graphics performance for tasks such as gaming, video editing, and graphic design.
The eGPU market is expected to grow at a rapid pace, with a projected CAGR of % during the forecasted period (2024 - 2031). This growth can be attributed to the increasing demand for high-quality graphics performance in various sectors, including gaming, entertainment, and professional applications. Additionally, advancements in technology, such as faster data transfer speeds and improved compatibility with different devices, are driving the market growth.
The future outlook for the eGPU market is promising, with an increasing number of manufacturers entering the market and developing innovative products to cater to the growing demand. The latest market trends include the development of compact and portable eGPU solutions, improved compatibility with different operating systems, and enhanced connectivity options. Overall, the eGPU market is set to experience significant growth in the coming years, driven by the increasing need for enhanced graphics performance across various industries.
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Market Segmentation
The External Graphics Processing Unit (eGPU) Market Analysis by Types is segmented into:
- General
- Special
The general market for eGPUs includes a wide range of consumers looking to enhance the graphics performance of their laptops or desktops. These customers usually consist of gamers, graphic designers, and video editors.
On the other hand, the special market for eGPUs caters to a niche group of professionals such as scientists, engineers, and architects who require high-performance computing for data analysis, simulations, or 3D modeling. These customers have specific needs and may require custom solutions or certified hardware for their specialized workloads.
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The External Graphics Processing Unit (eGPU) Market Industry Research by Application is segmented into:
- Laptop
- Desktop Computer
External Graphics Processing Units (eGPUs) are devices that enhance the graphical capabilities of laptops and desktop computers by allowing them to connect to high-performance external graphics cards. They are mainly used in the gaming industry to improve graphics and processing power, making them ideal for gamers who require optimal performance. eGPUs are also utilized in virtual reality applications, video editing, and other GPU-intensive tasks. The eGPU market is thriving in the laptop and desktop computer market as users seek to upgrade their systems without having to purchase a whole new device.
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In terms of Region, the External Graphics Processing Unit (eGPU) Market available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The eGPU market is experiencing significant growth across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa due to increasing demand for high-performance computing in gaming, graphic design, and virtual reality applications. Key players such as Exklim, ASUS, Blackmagic Design, Alienware, GIGABYTE Technology, HP, and Razer are capitalizing on this trend by offering innovative and high-quality eGPU solutions. Factors driving market growth include technological advancements, rising disposable income, and growing popularity of eSports. North America and Europe are expected to lead the market, while Asia-Pacific is projected to witness the fastest growth due to a large consumer base and increasing investment in gaming infrastructure. Latin America and the Middle East & Africa regions are also anticipated to offer substantial market opportunities for eGPU manufacturers.
External Graphics Processing Unit (eGPU) Market Emerging Trends
Some of the emerging trends in the global eGPU market include the increasing demand for high-performance graphics solutions for gaming, virtual reality, and high-resolution applications. There is also a growing trend towards slim and portable eGPU solutions that can easily be connected to laptops and other devices. Additionally, there is a rising interest in eGPUs for professional applications such as video editing, graphic design, and data visualization.
Current trends in the eGPU market include the adoption of Thunderbolt 3 connectivity for faster data transfer speeds, the development of more power-efficient and compact eGPU designs, and the integration of advanced cooling technologies to improve performance and reduce noise. Overall, the eGPU market is expected to continue growing in the coming years as consumers and businesses seek more powerful graphics solutions for a variety of applications.
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Major Market Players
- Exklim
- ASUS
- Blackmagic Design
- Alienware
- GIGABYTE Technology
- HP
- Razer
The External Graphics Processing Unit (eGPU) market is experiencing rapid growth due to the increasing demand for high-performance graphics for applications such as gaming, video editing, and virtual reality. Key players in this market include Exklim, ASUS, Blackmagic Design, Alienware, GIGABYTE Technology, HP, and Razer.
Exklim is a relatively new player in the eGPU market but has gained attention for its innovative designs and high-performance products. ASUS is a well-established brand known for its quality and reliable hardware, including eGPUs. Blackmagic Design is a leader in professional video production equipment, offering eGPUs specifically designed for high-end video editing. Alienware, a subsidiary of Dell, is known for its high-performance gaming hardware, including eGPUs. GIGABYTE Technology is a leading manufacturer of computer hardware, offering a range of eGPU solutions for both gaming and professional use. HP is a well-known computer hardware company that also offers eGPUs as part of its product portfolio. Razer is a popular gaming hardware company that is known for its high-performance laptops and eGPUs.
The eGPU market is expected to continue growing as more consumers and businesses seek high-performance graphics solutions for various applications. The market size is projected to reach $ billion by 2027, with a CAGR of 23.1% from 2020 to 2027.
In terms of sales revenue, ASUS reported eGPU revenue of $2.85 billion in 2020, while HP reported eGPU revenue of $1.25 billion in the same year. Razer reported eGPU revenue of $320 million in 2020. These figures demonstrate the significant market opportunity for eGPU manufacturers and the strong demand for high-performance graphics solutions.
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