“GPU Database” generated Revenue of US$ 178 Million Till 2018 and is forecasted to reach a market value of US$ 455 Million in 2023 with a promising CAGR of 20.7% during 2018-2023

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The GPU database market revenue is primarily classified into revenues from tools and services. Tools revenue is associated with software and platform offerings, while the services’ revenue is associated with support and maintenance, training and education in addition to the consulting services. Other segmentations are applications, components, deployment modes, verticals, and regions.

Global GPU Database Market size to grow from US$ 178 Million in 2018 to US$ 455 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 20.7% during 2018–2023. Key driving factors for the market include massive data generation across BFSI, retail, and media and entertainment industry verticals.

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(Pages-130 Table-57 Figure-29 Profile-16)

Top Key Players in the “GPU Database Market”
• Kinetica (US)
• OmniSci (US)
• SQream (US)
• Neo4j (US)
• NVIDIA (US)
• Brytlyt (United Kingdom)
• Blazegraph (US)
• BlazingDB (US)
• Zilliz (US)
• Jedox(Germany)
• HeteroDB(Japan)
• H2O.ai (US)
• FASTDATA.io (US)
• Fuzzy Logix (US)
• Anaconda (US)
• Graphistry (US)

Major APAC countries, such as Japan, China, and India, are leading the adoption of GPU database. The industry players are expanding their presence into the region by forming partnerships with technology players or distributors to develop their sales channels. China, amajor economy, has undergone a tremendous transformation in the areas of manufacturing, telecommunications, and IT. The country has set a benchmark for providing affordable solutions, which are exported to various parts of the world.

The following list provides the breakup of primary respondents’ profiles:
• By Company – Tier 1–22%, Tier 2–30%, and Tier 3–48%
• By Designation – C-Level–25%, Director Level–30%,and Others–45%
• By Region – North America–12%, Europe–42%,APAC–26%, and RoW–20%

Report objectives
• To define, describe, and forecast the GPU database market based on applications, components, deployment models, verticals, and regions
• To provide detailed information related to major factors, such as drivers, restraints, opportunities, and challenges, influencing the market growth
• To analyze the market’s subsegments with respect to the individual growth trends, prospects, and contributions to the total market
• To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market
• To analyze the competitive developments, such as mergers and acquisitions, new product developments, and R&D activities in the market
• To forecast the revenue of the market’s segments with respect to 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
• To profile the key players and comprehensively analyze their recent developments and positioning in the GPU database market

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Key benefits of the report
The report would help the market leaders/new entrants in the GPU database market with the information on the closest approximations of the revenue numbers for the overall market and the sub segments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies.

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This release was published on openPR.