The Fourth Industrial Revolution (Industry 4.0) is transforming industries worldwide, driven by technologies like Artificial Intelligence (AI), Machine Learning (ML), Deep Learning (DL), and the Internet of Things (IoT).
In this rapidly transforming landscape, Graphics Processing Units (GPUs) have emerged as indispensable drivers of innovation, powering everything from AI-driven healthcare to self-driving cars. Yet, as industries scale their computational demands, the traditional on-premise GPU model struggles to keep pace. This is where GPU-as-a-Service (GPUaaS) is making its mark, enabling businesses to harness unparalleled computing power on demand.
The global GPUaaS market size was valued at USD 3.23 billion in 2023 and is projected to grow from USD 4.31 billion in 2024 to USD 49.84 billion by 2032, according to Fortune Business Insights, exhibiting a CAGR of 35.8% during the forecast period. This growth underscores a transformative shift as businesses no longer need to invest in expensive GPU infrastructure. Instead, they can rely on cloud-based services to scale computational resources on demand, fostering agility and innovation.
With global industries already reaping the benefits of GPUaaS, its potential for transformative impact in emerging markets like India is becoming increasingly evident.