Behind the enthusiasm of the latest announcements from Nvidia, AMD and Intel, the graphics card market is experiencing its worst crisis in 10 years.
If you’ve struggled to buy a graphics card for the past few years… the party is over for the GPU market. You can find them much more easily.
Sales of graphics cards have fallen to their lowest level in ten years. Because demand in the PC market has fallen, manufacturers have reduced their purchases, which is now also impacting the graphics card market. But that’s the only reason for this decline.
All market segments are concerned
According to figures from research firm Jon Peddie Research (JPR), the GPU market had its worst quarter in 10 years, this being the third quarter of 2022. In addition to the drop in demand from PC manufacturers, the new generation of products also played a major role in this decline. Consumers waited for successive announcements.
Indeed, Nvidia unveiled its new generation, including the GeForce RTX 4080 and 4090, Intel finally released its graphics cards, while AMD announced two new graphics cards.
Additionally, the demand for GPUs for crypto mining has dropped significantly following the changes to Ethereum, as graphics cards are no longer necessarily required for mining.
According to market research, sales of iGPU (integrated graphics card) and dGPU (dedicated graphics card) fell to around 75.5 million units sold in the third quarter of 2022. Compared to the previous quarter, it this is a decrease of – 10.5% and compared to the same period last year, it is a decrease of – 25.1%. As for graphics cards for desktop computers, the drop is – 15.43%, and – 30% for laptops. In summary, this would be the deepest recession since 2009.
Let’s hope that this crisis forces manufacturers to review their pricing policy. Prices have risen too much in recent years, and in particular on this latest generation.
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