Market Size of Graphics Add-in Board Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 18.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Graphics Add-in Board Market Analysis
The graphics add-in board market is expected to register a CAGR of 18% over the forecast period 2021 to 2026. With the growing popularity of online gaming/i-gaming, along with spur in the demand of laptops, and tablet PCs, as a gaming platform, the market is expected to witness moderate growth during the forecast period.
- The demand for graphic add-in boards (AIB) has risen because of their use in supercomputers, remote workstations, and simulators. Supercomputers and remote workstations are used in scientific and technical applications such as defense, aerospace, and research and development among others. As a large number of countries increase their investment in scientific research, the market for graphic AIB is likely to expand exponentially during the forecast period.
- Moreover, the market is driven by users who perform complex tasks like 3D rendering and video editing. High-end applications like AutoCAD and Adobe Premiere Pro can make use of Graphics AIB to speed up processing and make for faster and more efficient workflows. Also growing demand for memory graphics cards in PCs, and spur in the demand for high-resolution tablets is further boosting the market growth.
- Smartphones, tablets, and laptops are increasingly replacing the market for personal computers. Hence, gaming service in smartphones, tablets, and laptops is in growing demand and this is expected to reduce demand for gaming service in monitor based devices such as personal computers. Hence, this is expected to reduce demand for graphic AIB which is mostly used in desktop computers.
- Due to the COVID-19 outbreak, the global electronics devices market is impacted significantly as there are disruptions in the supply chain, reduction in production and price fluctuation due to lockdown across the major electronics manufacturing region like Asia-Pacific. These uncertainties are likely to hinder the growth of the market as both supply and demand are disrupted.
