Graphics Card Shipments Experience Notable Growth in Q2 2024, Reports JPR

The graphics card market experiences a surprising surge in Q2'24, with Nvidia maintaining dominance and AMD making gains, defying expectations and hinting at a promising future.

48% year-over-year increase in total graphics card shipments
Nvidia's 88% market share and 61.9% increase in shipments from last year
Resilience of the AIB market, defying traditional seasonal fluctuations and showing four consecutive quarters of growth

Graphics Card Market: A Surprising Surge in Q2’24

In the ever-evolving world of tech, the graphics card market often feels like a rollercoaster ride—thrilling, unpredictable, and sometimes downright dizzying. If you’ve been keeping an eye on the add-in board (AIB) market, you might have noticed a bit of a plot twist in the latest report from Jon Peddie Research (JPR). Spoiler alert: It looks like the AIB market is defying the odds.

Let’s break it down. According to JPR, total graphics card shipments hit 9.5 million units in Q2’24, a noticeable jump from 8.7 million in the previous quarter. That’s not just a seasonal blip; it’s a year-over-year increase of a staggering 48%. Yes, you read that right—48%. It’s almost as if the AIB market is throwing a surprise party for itself, and everyone’s invited.

nVidia: The Unyielding Titan

Nvidia continues to reign supreme in this arena, increasing its market share slightly to an impressive 88%. That’s a huge slice of the pie, and it’s hard not to wonder: what’s their secret sauce? The company saw a 9.7% increase in shipments from last quarter and a jaw-dropping 61.9% from the same time last year. It’s clear that gamers and creators alike are flocking to their products, perhaps in anticipation of the latest AAA games that demand high-performance hardware.

I remember a time when I was on the hunt for a new graphics card for my gaming rig. The sheer number of options was overwhelming, but Nvidia’s products stood out for their reliability and performance. It’s like they’ve built a brand that gamers trust, and that trust is reflected in these numbers.

AMD: Gaining Ground

AMD, on the other hand, is also showing some positive movement. With a 9% increase in desktop AIB unit shipments from the last quarter and a modest 3% bump from last year, it seems they’re carving out a niche for themselves. While they may not be challenging Nvidia’s throne just yet, they’re certainly making strides. It’s reminiscent of an underdog story, where perseverance pays off.

Intel: The New Kid on the Block

Then there’s Intel. Since jumping into the AIB market with their Arc A770 and A750 cards last year, they’ve remained relatively flat in terms of market share. It’s a tough crowd, and breaking into the graphics card space isn’t as simple as slapping a logo on a product. I can’t help but wonder how they’re feeling about their decision to enter this competitive landscape. Will they find their footing, or will they fade into the background noise of a crowded marketplace?

A Market Defying Expectations

What’s particularly interesting about this quarter is how it bucks the trend of typical seasonal fluctuations. Traditionally, the second quarter tends to be flat or even down, but this time, we saw a 9.4% increase. Dr. Jon Peddie himself commented on the market’s resilience, noting that despite a dip in Q1—something we’ve come to expect—the AIB sector has shown four consecutive quarters of growth. It’s almost as if the industry is saying, “Not so fast!” to those who have been predicting its decline for years.

C. Robert Dow, another analyst at JPR, pointed out that the surge in shipments can be attributed to the release of new AIBs earlier this year and a slight drop in prices. As someone who’s watched the price of Graphics Cards fluctuate like the stock market, this is welcome news. It’s a reminder that innovation and competition can lead to better options for consumers.

Looking Ahead

So, what does the future hold for the AIB market? While shipments are up, it’s worth noting that overall numbers are down compared to two years ago. It’s a mixed bag, really. But with exciting new games on the horizon that promise to push hardware to its limits, there’s a glimmer of hope. Maybe we’re on the brink of a new era in gaming and graphics performance.

As we look ahead to the next generation of AIBs set to release in late 2024 or 2025, one can’t help but feel a sense of anticipation. Will these new cards continue the upward trend? Or will we see a return to the peaks and valleys that have characterized the market for so long? Only time will tell, but for now, it seems the AIB market is ready to keep surprising us.

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Background Information

About AMD:

AMD, a large player in the semiconductor industry is known for its powerful processors and graphic solutions, AMD has consistently pushed the boundaries of performance, efficiency, and user experience. With a customer-centric approach, the company has cultivated a reputation for delivering high-performance solutions that cater to the needs of gamers, professionals, and general users. AMD's Ryzen series of processors have redefined the landscape of desktop and laptop computing, offering impressive multi-core performance and competitive pricing that has challenged the dominance of its competitors. Complementing its processor expertise, AMD's Radeon graphics cards have also earned accolades for their efficiency and exceptional graphical capabilities, making them a favored choice among gamers and content creators. The company's commitment to innovation and technology continues to shape the client computing landscape, providing users with powerful tools to fuel their digital endeavors.

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About Intel:

Intel Corporation, a global technology leader, is for its semiconductor innovations that power computing and communication devices worldwide. As a pioneer in microprocessor technology, Intel has left an indelible mark on the evolution of computing with its processors that drive everything from PCs to data centers and beyond. With a history of advancements, Intel's relentless pursuit of innovation continues to shape the digital landscape, offering solutions that empower businesses and individuals to achieve new levels of productivity and connectivity.

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About nVidia:

NVIDIA has firmly established itself as a leader in the realm of client computing, continuously pushing the boundaries of innovation in graphics and AI technologies. With a deep commitment to enhancing user experiences, NVIDIA's client computing business focuses on delivering solutions that power everything from gaming and creative workloads to enterprise applications. for its GeForce graphics cards, the company has redefined high-performance gaming, setting industry standards for realistic visuals, fluid frame rates, and immersive experiences. Complementing its gaming expertise, NVIDIA's Quadro and NVIDIA RTX graphics cards cater to professionals in design, content creation, and scientific fields, enabling real-time ray tracing and AI-driven workflows that elevate productivity and creativity to unprecedented heights. By seamlessly integrating graphics, AI, and software, NVIDIA continues to shape the landscape of client computing, fostering innovation and immersive interactions in a rapidly evolving digital world.