PC Power Surge: CPU and iGPU Shipments Skyrocket in Q4 2023
Recently, Jon Peddie Research unveiled its latest market research report, revealing that in the fourth quarter of 2023, the global shipment of CPUs for PC clients witnessed a year-over-year increase of 22% and a sequential growth of 7%, reaching 66 million units. Concurrently, the shipment of integrated GPUs (iGPUs) saw an 18% annual growth and a 7% quarterly rise, amounting to 60 million units. It is anticipated that over the next five years, the penetration rate of integrated graphics in the PC domain will escalate to 98%.
Looking at the shipments, the CPU market in 2023 has fully recovered from the demand slump at the beginning of the year, even surpassing the levels observed during the COVID-19 pandemic between 2021 and 2022. Compared to the third quarter of 2022, at the tail end of the pandemic, there was an additional surplus of 3.3 million units.
Another intriguing metric is the proportion of desktop CPU shipments, which accounted for 30% in the fourth quarter of 2023, a notable decline from the 37% shipment share in the fourth quarter of 2022. This shift is attributed to the pandemic period when remote work negated the need for frequent relocation of devices and post-pandemic, the increased mobility favored laptops, which are more conducive to travel. Manufacturers have also shifted their focus towards mobile CPUs, with new releases featuring Intel’s Meteor Lake and AMD’s Ryzen 8000 series expected to bolster sales.
According to data from Jon Peddie Research, the shipment volumes of integrated GPUs have also increased in tandem with the overall rise in CPU shipments, with the penetration rate set to continue its upward trajectory. This growth is partly driven by the larger shipment volumes of mobile processors and partly by AMD’s integration of GPUs into mainstream desktop CPUs, albeit for basic functionality.