A new report from Jon Peddie Research shows how the graphics card market is fluctuating following price data we saw earlier in the week. Together they form a picture that is currently negative and at the same time optimistic for the future. But is this report realistic or rather optimistic? Will PC graphics card shipments soar in 2022? Let’s see.
These are not good times for Intel, AMD, and NVIDIA, as the big three are facing a situation that they partly caused themselves. And it is that shipments have stagnated or fallen (depending on who we look at) and new graphics cards may not help alleviate the deficit.
Decrease in PC graphics card shipments: -6.2% compared to the previous quarter
The data in the report is quarterly, which marks a trend rather than offering a line of action or a forecast as such. These data are curious, since for example Intel is registered thanks to its iGPUs, so with this in mind we are going to comment on the movement.
AMD and NVIDIA have really increased their shipments, but not in units as such, but in market share for those shipments. AMD had a 17% share in Q1 2021 and fell to 19% in Q1 2022. NVIDIA drops from 15% to 21% and Intel plummets from 68% to 60%, percentages that have been clawed back by their rivals logically. .
This is due to the slump in CPU sales, where Intel and AMD are struggling. The problem for the Big 3 is that in general, sending units for GPU sales has dropped by 6.2% in one quarter and there are already two out of order, so given the global context and the current market, it does not seem that the user and the gamer are up to the task of buying a graphics card today and less whether prices are inflated by manufacturers or resellers.
A rather bullish bear market
The table below shows the total market share between desktops and laptops for the three dGPU manufacturers and as we see the trend has more or less continued since Intel entered the game now. But the data proposed by the report show other realities:
- The overall rate for GPUs (including integrated and discrete desktops, laptops and workstations) for the quarter was 129%, up 5.0% from last quarter.
- The overall PC processor market fell by -10.8% quarter after quarter and fell by -26.2% from year to year.
- Boards and PCBs (AIBs that use discrete GPUs) were up 1.4% from last quarter.
- This quarter saw a 16.5% drop in tablet shipments compared to the previous quarter.
This data is not exactly good, but Jon Peddie is somewhat optimistic about it:
“Consumers are cautious despite new product launches from AMD, Intel and NVIDIA (AIN) in the second half. Our forecast for the year is therefore a modest 2-3% for GPUs. U.S. real GDP growth will increase 2.3% (year-over-year), according to the Conference Board’s economic forecast for the U.S. economy, and we expect 2.1% growth (year-over-year). year on year) in 2023.”
As they say, they are optimistic. The reality is that if inflation continues to rise and 2023 is going to be as bad a year as it’s supposed to be, the proposed US real GDP data could end up falling short and if the FED doesn’t intervene and does not withdraw the money printer, the situation is not going to improve, at least in the long term, so given that the prices of the RTX 40 and RX 7000 they will not be inferior to those presented in their previous generations, will users really jump to buy graphics cards with the current world situation?
