Understanding the buzz around GPUs in 2023 ?

DevopsCurry (DC)
6 min readSep 21, 2023

The server market for the near future is going to be all about GPUs, GPUs, and more GPUs. The Graphic Processing Unit (GPU) Market size was valued at USD 25.41 Billion in 2020 and is projected to reach USD 246.51 Billion by 2028, growing at a CAGR of 32.82% from 2021 to 2028.

According to the latest research report by ZMR (Zion Market Research),“According to the latest research study, the demand of global GPU As A Service Market size & share in terms of revenue was valued at USD 2.31 billion in 2022 and it is expected to surpass around USD 28.7 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 28.78% during the forecast period 2023 to 2030.”

The key market players are listed in the report with their sales, revenues and strategies are DigitalOcean, Amazon Web Services (AWS), Oracle Cloud, Microsoft Azure, OVHcloud, Google Cloud, Qarnot Computing, IBM Cloud, Packet, INVIDIA Cloud, Vultr, Scaleway, Igneous, HPE GreenLake, Paperspace, NetApp, Alibaba Cloud, Hetzner, Rescale, Linode, and others.

IMAGE CREDIT: https://www.zionmarketresearch.com/report/gpu-as-a-service-market

This is the reason we see a lot of buzz around the GPUs and the GPU manufacturers and vendors.

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DevopsCurry (DC)
DevopsCurry (DC)

Written by DevopsCurry (DC)

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