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The global GPU market and benefits in cloud computing

From improved operations to seamless data processing, there are many reasons why GPUs can benefit your business. We at VEXXHOST offer enterprise-grade GPU instances on our OpenStack based public and private clouds. With the power of NVIDIA accelerators, we are able to support a diverse cloud workload to suit a wide variety of needs. This infographic highlights the global market trends of GPU adoption and ways in which a business is impacted by them. In industries that work closely with big data and artificial intelligence, leveraging the power of an enterprise-grade GPU can make all the difference.

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The global GPU market and benefits in cloud computing

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  1. THE GLOBAL GPU MARKET & BENEFITS IN CLOUD COMPUTING EXPLAINS Graphics Processing Units make high- performance cloud computing possi- ble. Modern GPUs contain hundreds of processing units, capable of achieving high precision calculations. Artificial Intelligence Graphics Applications Growing at a CAGR 30% between the time period 2018-2024, the market size is predicted to reach $80 Billion USD by 2024. 200 150 100 50 0 2018 2024 GPU hardware segment does and will continue to have the largest market share, followed by its software and services segment respectively. The Europe market is predicted to have a 25% share in revenue by 2024. On-demand GPU cloud computing will be on the rise as cloud deployment segment in GPUs will have 5% marketshare in 2024. GPUs now contribute to much more than visual display of computers and graphics features in general. Data laden industries can take advantage of using GPUs to takeover tasks earlier handled by only CPUs. Here are some know benefits: CREATES LARGE SPEEDUPS REDUCED COSTS LEVERAGEABLE ARCHITECTURE We at VEXXHOST offer enterprise grade GPU instances on OpenStack based public and private clouds. With NVIDIA accelerators we are supporting diverse cloud workloads! Resources: https://www.alliedmarketresearch.com/press-release/graphic- processing-unit-market.html https://www.gminsights.com/industry-analysis/gpu-market https://vexxhost.com/blog/what-gpus-can-do-performance/

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