The graphics card market doesn’t appear to be in its best shape according to this new study on GPU sales.
Jon Peddie Research, a technically-focused computer graphics marketing and management consultancy, has just released a new report on the growth of the global graphics card market. The first information we can learn is that the GPU market reached 64.2 million units for the fourth quarter of 2022. That still corresponds a revenue decline of 15.3% compared to the previous quarter and from 38% year over year. So the difference is clear and noticeable.
Decline in sales, bad news for the PC market?
This drop in the GPU market affects the entire PC sector, including desktops with a 24% drop and laptops with a larger 43% drop. According to the report, it still is the biggest drop in 11 years.
When the 3 main players are affected (Intel, AMD and Nvidia), Intel is hit the hardest and Nvidia suffers the least with revenue falling to 12.7% versus 11.7%. The Greens’ market share has also risen from 78 to 82%. Not to cloud things over, Jon Peddie Research still states that GPUs should have an overall annual growth rate of 0.19% between 2022 and 2026. So it’s not that dramatic, although the drop is significant.
Skies may be gloomy right now, but I promise you it won’t be (except in Northern California where the rain still hasn’t stopped, meaning we’re going to have the most beautiful spring).
How do you explain it?
In particular, this drop in sales could be explained by rising inflation, which is forcing a review of consumption priorities. If you also add the very high price of the base cards, we actually end up with a stagnating and falling market. In any case, nothing seems dramatic and there doesn’t seem to be a need to be alarmed.
