Graphics card sales in the first quarter of 2022 fell compared to the same period in 2021, according to new reports
Graphics card sales are on the decline worldwide. According to the news of technology system Jon Peddle Research, video card sales decreased by 6 percent in the first quarter of 2022 compared to the same period of 2021. It has been stated that more than one factor may cause this situation. The most important factors are the decline in crypto mining and the mass production of factories opened around the world.
Graphics card sales plummet
Another possible reason for the drop in GPU prices is that many potential buyers are waiting for the announcement of Nvidia’s next series. The decrease in demand in response to the increase in the production of graphics cards may lead to a decrease in hardware prices in the near future. The prevalence of working from home and the increased interest in crypto mining in 2020 and 2021 made it almost impossible to buy a graphics card (regardless of the exchange rate).
It is stated that the Ukraine-Russia war and the Covid quarantines in China have a share in this decline. In addition, sales of external graphics cards are expected to increase by 46 percent in the next 5 years. After the announcement of the new generation graphics card, which most potential buyers are waiting for, time will tell how cheap the current screen RTX 20 and RTX 30 series will be.