Graphics Processing Units Database Market Share

  • Report ID: 2923
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Graphics Processing Units Database Market Share

Geographically, the GPU database market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in North America industry is estimated to account for largest revenue share by 2036, owing to early adoption of GPU-accelerated solutions as well as initiatives taken by industry players in the form of partnerships with technology players to offer rapid analytics and data processing solutions.The U.S. and Canada are 2 prominent markets in North America, which are witnessing healthy adoption of such GPU- accelerated tools across industry verticals. Moreover, presence of leading market players is boosting the growth of market in this region. Moreover, Asia Pacific, followed by North America, is expected to grow at the highest CAGR during the forecast period owing to the adoption of emerging technologies including big data in the region.

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Graphics-Processing-Units-Database-Market-Growth
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Author Credits:  Abhishek Verma


  • Report ID: 2923
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Availability of open-source solutions and their growing applications areas and the regulations creating demand for solutions that provide performance-at-scale are the key factors driving market growth.

The market is anticipated to attain a high CAGR over the forecast period, i.e., 2021-2029.

Lack of adequate data security measures and limited capabilities of available GPU databases to perform crucial operations in analytics use cases are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the early adoption of GPU-accelerated solutions as well as initiatives taken by industry players in the form of partnerships.

The major players dominating the market are Nvidia Corporation, Kinetica DB, Inc. OmniSci, Inc. BlazingSQL, Inc. Jedox SQream DB Fuzzy Logix among others.
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