Global GPU Shipments Rise 4.4% in Q4 2024 Despite Yearly Decline

Data center demand drives growth, but Nvidia shortages and looming tariffs hinder market potential.

The GPU market saw 76.9 million units shipped in Q4 2024, a 4.4% increase from Q3, largely driven by data center GPUs.
Year-over-year shipments declined by 5.4%, with desktop GPU sales dropping while laptop GPUs grew by 1%.
Nvidia, which holds 65% of the market share, struggled to meet demand, limiting potential growth in the PC GPU segment.
Political tensions and potential tariffs against exporting countries are unsettling markets and complicating consumer purchasing decisions.
The discrete GPU market is predicted to contract long-term, with only 15% of systems expected to include discrete GPUs by 2030.