Graphics card shipments to grow by nearly 30% in 2021

A recent report released by Graphic Speak shows that by 2021, the graphics card market shipments of NVIDIA and AMD’s partners will grow to more than $50 billion, with an annual growth rate of nearly 30% for the entire market. In addition, more than 50 million discrete graphics cards will be shipped in 2021.

Shipments of desktop CPUs compared to desktop AIBs over time.

In the past few quarters, both Nvidia and AMD have had pretty good revenue in the GPU business thanks to skyrocketing demand for graphics cards and the large premiums they have brought. High revenue is not only due to the high price of graphics cards, but also the substantial growth in shipments is an important factor that cannot be ignored. However, for many gamers, it seems that cannot feel the surge in graphics card shipments. After all, the shortage of graphics card supply has plagued the market for a long time in the past.
Graphic Speak reports that the graphics card market has reached $51.8 billion in shipments, with an annual growth rate of 29.5%. Statistics agency Jon Peddie Research (JPR) estimates that, in 2020, the shipment of discrete graphics cards was 42 million, and by 2021, it will increase to more than 50 million, which means that the average price of graphics cards has reached an astonishing $1,000. For Nvidia and AMD’s partners, the sales of graphics cards have brought in very substantial revenue, and the increase has been satisfactory.

Nvidia will occupy a 77.2% market share in 2021, with absolute market leadership. The most influential event this year should be that Intel will join the battle, and next year we can see how much impact this change has on the graphics card market.