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GPU Database Market Growth, Trends, Industry Analysis and Forecast - 2031

09-14-2024 03:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

GPU Database Market

GPU Database Market

The global GPU database market is expected to grow at a significant CAGR during the forecast period 2024-2031. The term GPU database stands for graphics processing units 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.

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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.

Full report of GPU Database Market available @ https://www.omrglobal.com/industry-reports/gpu-database-market

Market Coverage

Segment Covered-
o By Component

o By Deployment

o By Application

o By Industry Vertical

Competitive Landscape- Kinetica, OmniSci, SQream, Neo4j, NVIDIA, Brytlyt.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global 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

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/gpu-database-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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