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. Every part is starting to decelerate thanks to numerous disturbances overseas. At fault are COVID-19 lockdowns, the conflict 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 components is over.
Total, the cargo of PCs with GPUs declined 6.2 p.c for the quarter. That is traditionally regular, as shipments at all times lag in Q1, usually by seven p.c. Nevertheless, in Q1 of final 12 months shipments had been solely down 0.3 p.c, so this drop marks a “return to regular” so to talk. Regardless of the slowdown, JPR says the basics of the market are nonetheless stable. It expects the GPU market to develop at a compound price of 6.3 p.c by the 12 months 2026. For the quarter, AMD elevated its market share by a sliver; simply 0.7 p.c. Nvidia did the identical, including 1.69 p.c to its slice of the pie. The largest loser was Intel, which misplaced 2.4 p.c, 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 power. 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 transport 8.7 p.c fewer GPUs, with AMD holding regular with only a 1.5 p.c lower. Nvidia was the one firm to extend shipments, boosting the quantity by 3.2 p.c.
Trying on the above chart, we are able to see that each AMD and Nvidia are consuming away at Intel’s market share. Neither firm are taking massive chunks out of Intel’s market share, but it surely seems to be like a gentle erosion. Nvidia taking six p.c market share away from Intel up to now 12 months is a decent-sized chunk. Nonetheless, there’s no motive to pour one out for Intel because it nonetheless instructions a 60 p.c market share. As a aspect word it’ll be fascinating to see how AMD’s Zen 4 impacts these numbers. Even Zen 4’s high-end CPUs will embody an iGPU, which is a change for AMD. With Zen 3 none of its strongest CPUs included built-in graphics. Intel may even profit when it begins transport 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).
At present the PC GPU market can also be in a transition section. Though AMD, Nvidia, and Intel lately launched cell 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 are able to assume its RDNA3 GPUs received’t be too far behind. On prime of that we’re nonetheless ready for Intel’s Arc desktop GPUs, however its Raptor Lake CPUs could possibly be showing in Q3 as effectively. Total it’s like we’re getting into the summer season doldrums as anticipation will increase for what’s to return later within the 12 months. Jon Peddie himself summarized the scenario thusly, “Shoppers are cautious regardless of new product introductions from AMD, Intel, and Nvidia (AIN) within the second half.”