Recently, Jon Peddie Research (JPR) released the latest GPU market statistics report. The report shows that the GPU shipments (including integrated and discrete graphics cards) used by PCs in the third quarter of 2022 will be 75.5 million, down 10.3% quarter-on-quarter and 25.1% year-on-year. The graphics card market posted its biggest decline since 2009. Correspondingly, in the third quarter of 2022, the CPU shipments used by PCs are 66 million, down 5.7% quarter-on-quarter and 18.6% year-on-year.
Among them, desktop GPU shipments fell by 15.43% year-on-year, and mobile GPU shipments fell by 30% year-on-year, which was also the largest decline since 2009. In the long run, Jon Peddie Research expects GPU to achieve a compound annual growth rate of 2.8% between 2022 and 2026. Jon Peddie Research predicted that the installed base will reach 3.138 billion by the end of 2026, and the penetration rate of discrete graphics cards in PCs will increase to 26% in the next five years.
In the third quarter of 2022, the overall connection rate of GPUs and PCs (including integrated and discrete graphics cards, desktops, notebooks, and workstations) was 115%, down 6% quarter-on-quarter; the shipment of desktop discrete graphics cards decreased by 33.5% month-on-month to 10.37 million units; tablet shipments were more in line with the previous quarter’s figures, growing slightly by 0.5%. Generally speaking, manufacturers will have a relatively large increase in orders in the third quarter, which is the highest point in each year. However, this year it has fallen by 10%, which is far lower than the average level of the past ten years (a quarter-on-quarter increase of 5.3%).
In the third quarter of 2022, the overall GPU unit shipments fell by 10.3% from the previous quarter. Among the three major suppliers, AMD dropped the most, with a sharp drop of 47.6% from the previous quarter, Intel increased by 4.7% from the previous quarter, and Nvidia fell by 19.7%. In the second quarter of 2022, AMD’s overall market share fell by 8.5% compared to the previous quarter, falling to 12%; Intel’s overall market share increased by 10.3% to 72%; Nvidia’s overall market share fell by 1.87% to 16%.
For the decline in shipments in the third quarter, all manufacturers gave similar reasons. Generally speaking, shipments in the fourth quarter will decline, but the average price will rise, and most manufacturers have lowered their expectations for the next quarter. The average expected decline is 0.21%, which is a little too high compared with the 2.79% forecast for the previous quarter.