Graphics card shipments increased by nearly 30% year-over-year in 2021

the worst of global GPU shortage (opens in new tab) seems to be behind us. prices are falling (opens in new tab) in most regions, cards are actually in stock at many retailers and it looks like the cryptocurrency mining craze has peaked.

To illustrate how much the market has exploded in 2021, a report recently published by Graphic speech (opens in new tab) (by Tom’s Hardware (opens in new tab)) suggests that $51.8 billion worth of graphics cards shipped in 2021. The number of cards sold increased by 29.5% from the number sold in 2020, and this despite the massive impacts of the pandemic and resulting supply chain problems. supplies, worker permits and logistical bottlenecks.

Normally you would assume that a higher production would make it easier to get your hands on a card, but as we all know, that was not the case. Some cards were instantly depleted or bought by bots, even at double their RRP, if not more.

Graphics Speak data comes from Jon Peddie Research. He goes on to split the market share of Nvidia and AMD, stating, “AMD’s total AIB desktop unit shipments quarter-over-quarter were up 12.4% and up 35.7% from the year-over-year quarter. . Nvidia’s quarterly unit shipments increased 0.5% and increased 27.7% compared to 4Q’20. Nvidia continues to hold a dominant market share position at 77.2%”

This shows that both AMD and Nvidia have sold a lot of cards, with AMD doing particularly well in Q4. And you can be sure that many of these cards went to miner platforms. In fact, many of them would happily end up hashing in warehouses or data centers.

As the research and data date back to 2021, there is a lot going on in 2022 that will throw everything out the window. There is an imminent release of Intel Arc video cards (opens in new tab) which will add millions more units to the market. It will be interesting to see how much market share Intel can take away from Nvidia and AMD. Much will depend on their performance and relative prices.

We also don’t have a firm idea of ​​how much appetite there is left for mining purchases. Mining demand appears to be decreasing. It is definitely becoming more and more difficult to recoup the costs of outlays, thanks to the (slowly) approach of Ethereum, which moves away from energy-intensive proof-of-work mining to proof-of-stake.

GPU prices are still high and until PoW mining disappears, prices are likely to remain inflated. Fortunately, the big increase in GPU production throughout 2021 seems to have eased the worst of prices. but it took a long time!

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