Market Watch (Q2'2021): Market Watch is the JPR Market Report on GPU Quarterly Shipments
JPR's quarterly report ‘Market Watch’ gives market share (in units) of all suppliers of graphics chips, integrated, embedded, and discrete worldwide. Historical data is included from Q1'04. Market Watch is supplied in electronic form and includes a written summary of the quarter and an in-depth spreadsheet.
Market Watch is a valuable resource for understanding the PC market providing insight into the capabilities of PCs in use today and coming in the near future.
The PC GPU market shipments increased by 3.4% sequentially from last quarter and increased by 37% year-to-year.
Jon Peddie Research reports the growth of the global PC-based Graphics Processor Units (GPU) market reached 123 million units in Q2'21 and PC CPU shipments increased by 42% year-over-year. Overall, the installed base of GPUs will grow at a compound annual growth rate of 3.5% during 2020-2025 to reach a total of 3,318 million units at the end of the forecast period. Over the next five years, the penetration of discrete GPUs (dGPU) in the PC will grow to reach a level of 25%.
AMD's overall market share percentage from last quarter decreased by -0.2%, Intel's market share increased 0.1%, and Nvidia's market share increased 0.06%, as indicated in the following chart.
Overall GPU unit shipments increased by 3.4% from last quarter, AMD shipments increased 2.3%, Intel's shipments rose 3.6%, and Nvidia's shipments increased 3.8%.
The second quarter is typically down compared to the previous quarter, however, this quarter saw GPU shipment increase by 3.4% quarter-to-quarter.
GPUs are traditionally a leading indicator of the market since a GPU goes into every system before the suppliers ship the PC. This quarter the attach rate dropped due to the increase in Chromebook sales.
The total (desktop and notebook) market share for the two dGPU suppliers is shown in the following table.
In a year like no other, suppliers reported shortages of component parts, capacitors, substrates, and other items. Even companies with a diverse portfolio were forced to allocate to the various segments they served. No one was happy about it, and unfortunately, the upcoming inventory build-out for the holiday season that usually takes place in the third quarter will be constrained until the supply chain catches up with demand.
Jon Peddie, President of JPR, noted, "Covid has distorted every forecasting model in the universe-even Moore's Law has been disrupted. Predictions based on short-term conditions have created conflicting and distorted estimates from some quarters that will be proven wrong and embarrassing."
Most of the semiconductor vendors are guiding up for the next quarter by an average of 3%. Some of that guidance is based on normal seasonality, but there is still a Coronavirus impact factor and a hangover in the supply chain.
JPR also publishes a series of reports on the graphics Add-in-Board Market and PC Gaming Hardware Market, which covers the total market, including system and accessories, and looks at 31 countries.
Subscribers also get four-hours of consulting time to discuss the market, products, forecast, and any other related issues.
Each quarterly report consists of a written (PDF) narrative about the market and an in-depth spreadsheet with Pivot table.