On-Demand Computing: How GPUaaS is Revolutionizing the Digital World
The global GPU as a service market size is expected to reach USD 12.26 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 21.6% from 2024 to 2030. Artificial Intelligence (AI) and Machine Learning (ML) applications have become increasingly prevalent across various industries. These applications often require substantial computational power, which graphics processing units (GPUs) are well-suited to provide. GPU as a service (GPUaaS) provides scalability, allowing users to adjust their computational resources based on their specific requirements. As more businesses and researchers adopt AI and ML technologies, the demand for GPUaaS has risen accordingly. The growing popularity of cloud computing has facilitated the expansion of GPUaaS offerings. Cloud service providers offer GPU instances to cater to customers who need powerful computing resources for tasks like deep l...