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Graphics Processing Units Database Market Size

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

Graphics Processing Units Database Market Size

GPU Database Market size was valued at USD 461.74 million in 2023 and is likely to reach USD 5.81 billion by the end of 2036, registering around 21.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of GPU database is assessed at USD 541.16 million.

Extensive research associated with graphics processing units database in western countries, along with the availability of open-source solutions and their growing applications areas are expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the creastion of regulations on a global level that are expected to create demand for solutions providing superior performance.

Global-Graphics-Processing-Units-Database-Market-Trends
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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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