GPU-as-a-Service Market Projected to Reach $7 Billion by 2025
Driven by gaming and cryptocurrency demand
According to a recent study from Global Market Insights, the GPU-as-a-service (GPUaaS) market is anticipated to grow substantially by 2025, owing to the sudden rise in crypto mining and rapid growth in cloud gaming. The surging prevalence of technologies, such as deep learning and big data, will also support the market outlook. Increasing number of data centers as result of ongoing digitalization across several industry verticals will necessitate the adoption of predictive analytics tools, creating more business opportunities.
Ongoing collaborations between cloud service providers and GPU manufacturers will stimulate the industry trends. Prominent cloud service providers, such as Microsoft and Amazon, are seen getting involved in forming partnering with the GPU providers, including NVIDIA and Intel, to enhance the deep learning services availed by various end-use sectors. For instance, in November 2017, Amazon Web Services announced AWS DeepLens AI Dev Kit based on the deep learning algorithms and powered by the Intel GPU.