Nvidia continues to hold a dominant market share position at 79.6%
A previous survey report showed that the shipments of Nvidia and AMD partners in the graphics card market grew to $51.8 billion in 2021. The annual growth rate of shipments in the entire market was 29.5%, with more than 50 million discrete graphics cards shipped. At the same time, the average price of graphics cards has reached a staggering $1,000 or more. Among them, NVIDIA occupies 77.2% of the market share, with absolute market leadership.
Jon Peddie Research (JPR) recently released the latest global discrete graphics report. The report shows that the shipments of discrete graphics cards in the second quarter fell by 22.6% compared to the previous quarter, from 13.38 million to 10.4 million, a slight increase of 2.4% compared to the same period last year. Generally speaking, manufacturers reduce orders in the second quarter, and the performance will be worse than that in the first quarter. The decline in shipments is normal, but this year’s decline is higher than the 9.7% average in the past ten years. Overall, however, the discrete graphics card market has not performed well, which is related to the decline in overall PC shipments.
Although Nvidia’s financial report in the second quarter of fiscal 2023 (ending July 31, 2022) shows that, its main game business decreased by 33% year-on-year and 44% month-on-month, its market share still increased, from 75% in the previous quarter to 79%, basically the same as 80% in the same period last year. AMD’s share of the discrete graphics card market fell to 20% from 24% in the previous quarter. The big change this year is that Intel has also joined the battle, accounting for 1% of shipments, which is still in its infancy.
According to Jon Peddie Research, AMD’s total desktop discrete graphics card shipments fell by 34% quarter-on-quarter and 5% year-on-year. Although Nvidia fell 19.1% quarter-on-quarter, it increased by 3% year-on-year, increasing its market share. The size of the 10.4 million discrete graphics cards shipped in the quarter was about $5.5 billion, and the average price of graphics cards was $529, which was almost halved from $1,029 in the same period last year. The average price of graphics cards is expected to fall further as graphics card manufacturers launch a new round of promotions in September.
