Growth Drivers
Challenges
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in North America is predicted to grow at the highest CAGR over the forecast period owing to the 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 GPU database 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.
The graphics processing units database market is further classified on the basis of region as follows:
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
21.5% |
Base Year Market Size (2024) |
USD 561.01 million |
Forecast Year Market Size (2037) |
USD 7.05 billion |
Regional Scope |
|
Author Credits: Abhishek Verma
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