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GPU as a Service (GPUaaS) Market Share

Report ID: GMI2143
Published Date: Sep 2024
Report Format: PDF

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GPU as a Service Market Share

Nvidia Corporation and Intel Corporation hold a market share of over 25% in the GPUaaS industry in 2023. Nvidia focuses on collaborating with cloud platforms such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud to increase the adoption of its GPUs in the cloud. The company also integrates its NVIDIA AI and CUDA platform into cloud environments, allowing developers to use its GPUaaS offerings without needing physical hardware. These partnerships broaden NVIDIA's reach and make their GPUaaS solutions more accessible.

Intel is expanding its GPUaaS offerings by focusing on AI workloads with its Intel Xeon processors and Intel Data Center GPUs. By integrating with AI platforms, the company is positioning its GPUs to target industries such as healthcare, finance, and autonomous vehicles, where AI is in high demand. This strategy helps Intel capture a larger share of the growing AI-based GPUaaS industry.

GPU as a Service Market Companies

Major companies operating in the GPU industry are:

Advanced Micro Devices, Inc.
Alibaba Cloud
Amazon Web Services Inc.
Autodesk Inc.
Google LLC
Intel Corporation
Microsoft Corporation
Nvidia Corporation
OVH Cloud
Qualcomm Technologies

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of GPU as a Service (GPUaaS) reached USD 6.4 billion in 2023 and is set to grow at over 30% CAGR from 2024 to 2032, led by the increasing adoption of cloud computing services.

The gaming segment held over 31% share in 2023, owing to high-quality graphics, real-time rendering, and immersive environments.

North America market held 37% share in 2023, attributed to the presence of leading cloud service providers.

Advanced Micro Devices, Inc., Alibaba Cloud, Amazon Web Services Inc., Autodesk Inc., Google LLC, Intel Corporation, Microsoft Corporation, Nvidia Corporation, OVH Cloud, and Qualcomm Technologies.