Graphics Processing Units Database Market Trends

  • Report ID: 2923
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Graphics Processing Units Database Market Trends

Growth Drivers

  • Massive data generation across BFSI, retail, and media and entertainment industries to drive the adoption of GPU-accelerated tools
  •  Availability of open-source solutions and their growing applications areas

Challenges

  • Lack of adequate data security measures
  • Limited capabilities of available GPU databases to perform crucial operations in analytics use cases

GPU Database Market: Key Insights

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.

Graphics Processing Units Database Market

The graphics processing units database market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

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

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 2923
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of GPU database is assessed at USD 663.53 million.

GPU Database Market size was valued at USD 561.01 million in 2024 and is expected to reach USD 7.05 billion by 2037, expanding at around 21.5% CAGR during the forecast period i.e., between 2025-2037.

North America industry is expected to dominate majority revenue share by 2037, 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 major players in the market are Nvidia Corporation, Kinetica DB, Inc. OmniSci, Inc. BlazingSQL, Inc. Jedox SQream DB Fuzzy Logix, among others.
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