Addition of new features in the existing North America GPU Database Market to enhance user interface is expected to boost growth of the market

The GPU database market in North America is expected to grow from US$ 145.63 million in 2022 to US$ 395.94 million by 2028. It is estimated to grow at a CAGR of 18.1% from 2022 to 2028.

The North America GPU Database Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the North America GPU Database market growth.

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Key players dominating the North America GPU database market are Brytlyt; Graphistry; H2O.ai; HEAVY.AI; Jedox; Kinetica DB Inc.; Neo4J, Inc.; Nvidia Corporation; SQream Technologies; and Zilliz, among others.
• In 2018, Kinetics formed a partnership with Dell EMC, has offered certain integrated solutions and developed certain database platforms for correlating the massive database units with digital things. Their joint venture creates datasets and certain actionable insights on combining their so manufactured hardware with a database along with a visualization engine.
• In 2022, H2o.ai has launched its AI Hybrid Cloud, which allows users to manage an AI platform on-premise and in the cloud. With the new features, the company has launched a fully-managed cloud and named it simply "H2O AI Cloud," which helps the app developers and data to rapidly build AI models and apps by providing end-to-end solutions for the infrastructure.

The growing trend for adopting open source GPU database solutions that deliver flexibility, high quality, considerably lower cost, and enhanced security for analytical applications is driving the market growth faster over the forecast period. Adopting specific GPU solutions enabling high Q performance for computing in a particular vertical range offer potential opportunities for adopting database solutions. To enable the running of AI and ML workloads for enterprise use cases, Nvidia released version 2.1 of its AI Enterprise software suite. In August 2021, Nvidia AI Enterprise became generally accessible as a collection of supported AI and ML solutions that function well on Nvidia's hardware. Thus, the support for open source strengthened by Nvidia AI Enterprise 2.1 is further boosting the market growth. The growing application of GPU databases across various applications is driving the market.

For instance, in February 2019, Uber introduced AresDB, an open-source real-time analytics engine leveraging an unconventional power source, graphics processing units (GPUs), to meet the growing demands of analysis at scale and simultaneously unifying, simplifying, and improving Uber's existing solutions. Also, in April 2021, Cloudera, an enterprise data cloud company, announced that Cloudera Data Platform (CDP) would integrate RAPIDS Accelerator into Apache Spark 3.0. Thus, such growing adoption across various applications is driving the market.

The report offers in-depth assessment of the growth and other aspects of the North America GPU Database market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region.

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North America GPU Database Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2028.

Major Key Points of North America GPU Database Market
• North America GPU Database Market Overview
• North America GPU Database Market Competition
• North America GPU Database Market, Revenue and Price Trend
• North America GPU Database Market Analysis by Application
• Company Profiles and Key Figures in North America GPU Database Market
• Market Dynamics
• Methodology and Data Source

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Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape North America GPU Database market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
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