Jon Peddie Analysis (JPR) has launched its Q1 2022 evaluation of the worldwide PC and GPU market, and it paints an image of a market in transition. All the pieces is starting to decelerate thanks to varied disturbances overseas. At fault are COVID-19 lockdowns, the warfare in Ukraine, and international locations nonetheless recovering from the pandemic. Within the brief phrases these components have result in a discount in shipments, however general the long run isn’t completely grim. One factor is obvious although: the pandemic-induced heyday of record-setting shipments for gaming elements is over.
Total, the cargo of PCs with GPUs declined 6.2 % for the quarter. That is traditionally regular, as shipments at all times lag in Q1, sometimes by seven %. Nevertheless, in Q1 of final yr shipments had been solely down 0.3 %, so this drop marks a “return to regular” so to talk. Regardless of the slowdown, JPR says the basics of the market are nonetheless strong. It expects the GPU market to develop at a compound charge of 6.3 % by means of the yr 2026. For the quarter, AMD elevated its market share by a sliver; simply 0.7 %. Nvidia did the identical, including 1.69 % to its slice of the pie. The most important loser was Intel, which misplaced 2.4 %, whereas nonetheless retaining the lion’s share of the marketplace for GPUs. In case it’s not clear, this market contains laptops and CPUs with iGPUs, which is a market the place Intel has at all times been the dominant drive. AMD’s market share can also be boosted by these metrics.
By way of the GPU cargo declines, Intel bore the brunt of it. It ended up delivery 8.7 % fewer GPUs, with AMD holding regular with only a 1.5 % lower. Nvidia was the one firm to extend shipments, boosting the quantity by 3.2 %.
Trying on the above chart, we will see that each AMD and Nvidia are consuming away at Intel’s market share. Neither firm are taking large chunks out of Intel’s market share, however it seems like a gentle erosion. Nvidia taking six % market share away from Intel up to now yr is a decent-sized chunk. Nonetheless, there’s no purpose to pour one out for Intel because it nonetheless instructions a 60 % market share. As a facet notice it’ll be fascinating to see how AMD’s Zen 4 impacts these numbers. Even Zen 4’s high-end CPUs will embrace an iGPU, which is a change for AMD. With Zen 3 none of its strongest CPUs included built-in graphics. Intel will even profit when it begins delivery discrete GPUs, permitting it to (hypothetically) compete for market share in an area the place AMD and Nvidia have traditionally been the one gamers (pour one out for PowerVR’s Kyro II and 3dfx).
Presently the PC GPU market can also be in a transition section. Though AMD, Nvidia, and Intel lately launched cellular variants of their newest architectures, we’re additionally close-ish to the launch of every firm’s next-gen successors too. Nvidia is rumored to be launching its new Ada Lovelace structure with the RTX 4090 in August, whereas Zen 4 is now pegged to “Fall.” We will assume its RDNA3 GPUs received’t be too far behind. On high of that we’re nonetheless ready for Intel’s Arc desktop GPUs, however its Raptor Lake CPUs could possibly be showing in Q3 as nicely. Total it’s like we’re coming into the summer season doldrums as anticipation will increase for what’s to come back later within the yr. Jon Peddie himself summarized the state of affairs thusly, “Shoppers are cautious regardless of new product introductions from AMD, Intel, and Nvidia (AIN) within the second half.”