The GPU is a vital component for accelerating applications that require intensive imaging functions, such as 3D and 4D rendering software, video editing software, and computer games. It’s a type of graphics adapter that can be either embedded in the CPU or contained within a separate electronic circuit, known as a discrete GPU. While a CPU (central processing unit) handles a wide range of general-purpose computing tasks, the GPU complements its architecture by performing a narrower range of more specialized mathematical calculations. A GPU is also capable of handling other complex tasks that require extensive calculations. These include displaying the desktop in the order it should appear on the screen, detecting the position of objects and their shadows, and using pixel shaders to apply various effects. The GPU can even decode high-definition video on its own, offloading the task from the CPU.
Market Dynamics:
The growing demand for GPU chips in automotive industry to facilitate CAD/CAM software is anticipated to boost growth of the global graphic processing unit market over the forecast period. The increasing popularity of self-driving cars is further projected to boost the demand for these processors in this industry.
The COVID-19 pandemic, which caused a major impact on the production and distribution of these processors and the lack of adequate transportation services also slowed down the supply chain for GPUs causing a shortage of this product and led to an increase in the price of these products. Such factor are further expected to hinder growth of the global graphic processing unit market over the forecast period.
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