GPU Database Market to Witness Robust Expansion by 2029

GPU database market is expected to grow at a significant CAGR during the forecast period. The term GPU database stands for graphics processing unit's database and it is a relational or non-relational operation. The GPU database acts more efficiently, faster and is geared towards analytics, artificial intelligence and machine learning based on location and in-memory segments. This system works in a parallel mode rather than sequence to commit high-performance and functionality over CPUs.

The massive increase in the data generation rate among BFSI, media & entertainment and retail sectors, increasing demand for GPU accelerated tools and databases across banking, financial institution and insurance firms are the most significant dynamics that are expected to drive the market growth of the global GPU database market during the forecast period.

Furthermore, the growing implementation of machine learning and artificial intelligence propel the demand for GPU databases to enhance performance whereas, rising application area and ease of open source solution availability are anticipated to fuel the market growth of the global GPU database market. The growing mobility trends and rising internet of things (IoT) for better operations and productivity is anticipated to drive the market growth of the global GPU database market. Additionally, among various data-intensive verticals, the demand for large volume data analyzer and high-performance computing solutions are gradually increasing that are augmented to create ample growth opportunities for the global GPU database market and boost its growth during the forecast period.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered-

By Component
By Deployment
By Application
By Industry Vertical
Competitive Landscape- Kinetica, OmniSci, SQream, Neo4j, NVIDIA, Brytlyt.

GPU Database Market by Segment

By Component

Tools
Services

By Deployment

On-Premise
Cloud

By Application

Governance
Risk and Compliance
Customer Experience Management
Threat Intelligence
Fraud Detection and Prevention
Predictive Maintenance
Supply Chain Management
Others

By Industry Vertical

BFSI
Retail and Ecommerce
Healthcare and Pharmaceuticals
Telecommunications and IT
Transportation and Logistics
Government and Defense
Others

A full report of GPU Database Market is available at: https://www.omrglobal.com/industry-reports/gpu-database-market

GPU Database Market- Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Kinetica
OmniSci
SQream
Neo4j
NVIDIA
Brytlyt

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