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GPU Database Market

GPU Database Market Size, Share & Trends Analysis Report

GPU Database Market Size, Share, Companies & Trends Analysis by Deployment Model (Cloud, On-premises) By Application (Retail & eCommerce, BFSI, Healthcare & Pharmaceuticals, Telecommunications & IT, Government & Defense, Transportation & Logistics, Others) Based on Region, And Segment Forecasts, 2022- 2028

Published
Report ID : BMRC 2120
Number of pages : 300
Published Date : Dec 2022
Category : Technology And Media
Delivery Timeline : 48 hrs

Global GPU Database Market is valued at USD 308.9 Million in 2021 and expected to reach USD 1139.4 Million by 2028 with the CAGR of 20.5% over the forecast period.

Global GPU Database Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing adoption of smartphones, rising demand for internet of things (IoT), and growing use of GPU database in the telecommunication and IT sector are some of the major factors driving the growth of the Global GPU Database Market.

Scope of Global GPU Database Market

A GPU database uses graphics processing units (GPU) to perform database operations. For example; GPU databases are typically fast and analytics-ready. A GPU is a programmable processor designed to quickly render high-resolution images and videos. Because GPUs can perform parallel operations on multiple sets of data, they are now commonly adopted for non-graphical applications. A GPU database uses GPU computing power to analyze large amounts of information and return results in milliseconds. The initial idea for GPU databases was to create enhanced database operations by adding compute workloads to GPUs' graphics shaders. GPU databases handle large volumes of data faster and more efficiently than CPUs because they operate in parallel rather than sequentially.

The Covid-19 pandemic has shown a negative impact on the growth of the global GPU database market. Governments have imposed lockdowns around the world, closing assembly plants and halting import-export operations. Accordingly, some enterprises have stopped their continuous production operations, which has disrupted the stock chain and affected the interest supply balance. Many businesses are facing extreme difficulties and are also impacted by the GPU database. Organizations are currently re-evaluating their business techniques for recovery and revenue collection. However, market condition is expected to improve after the pandemic.

The global GPU database market is segmented on the basis of deployment model, application and region & country level. Based on deployment model, the global GPU database market is classified into cloud and on-premises. By application, the global GPU database market is classified into retail & e-commerce, BFSI, healthcare & pharmaceuticals, telecommunications & IT, government & defense, transportation & logistics, and others.

The regions covered in the global GPU database market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global GPU database is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.

Key Players of Global GPU Database Market

Some major key players for the global GPU database market report cover prominent players like

  • Jedox
  • Kinetica
  • Blazingdb
  • Heterodb
  • Fastdata.Io
  • Zilliz
  • Fuzzy Logix
  • Anaconda
  • H2o.Ai
  • Graphistry
  • Omnisci
  • Blazegraph
  • Sqream
  • Nvidia
  • Neo4j
  • Brytlyt
  • others.

Global GPU Database Segmentation

By Deployment Model

  • Cloud
  • On-premises

By Application

  • Retail & eCommerce
  • BFSI
  • Healthcare & Pharmaceuticals
  • Telecommunications & IT
  • Government & Defense
  • Transportation & Logistics
  • Others

News

Nvidia Launched a New GPU Architecture and the Grace CPU Superchip

On March 22nd, 2022; Nvidia announced its next-gen Hopper GPU architecture and the Hopper H100 GPU, as well as a new data center chip that combines the GPU with a high-performance CPU, which Nvidia calls the “Grace CPU Superchip” (not to be confused with the Grace Hopper Superchip).

Intel Launched Its Arc Alchemist GPU Line Up in May 2022

On March 10th, 2022; Intel released high-performance, discrete Arc Alchemist graphics cards in a month. Intel's planned performance-oriented Arc Alchemist has suffered another delay, according to Igor's lab. According to recent sources, this refers to the upcoming performance models, which are expected to include the A700 and A500 series.

Increasing Adoption of Smartphones, Rising Demand for Internet of things (IoT), and Growing Use of GPU Database in the Telecommunication and IT Sector are Some   Major Factors Driving the Market Growth

One of the major factors driving the growth of the GPU database market is the increasing adoption of smartphones. The high growth of integrated GPU is expected due to increased demand for durable and low-power consumption graphic processing units for smartphones. Also, smartphone manufacturers are developing products that support VR and AR, which is expected to serve as an opportunity for the smartphone GPU market. Furthermore, the growing adoption of smartphones for gaming purposes have also increased the demand for high-end computing systems that can serve graphics-intensive gaming applications. For instance; according to scientist research publishing, in June 2018; the number of smartphone users worldwide reached 2.5 billion, which is 33% of the world's population. Therefore, the increasing adoption of smartphones is expected to fuel the market growth over the forecast period.

In addition, the rising demand for the internet of things (IoT) is boosting the growth of the GPU database market. GPU is an essential system to facilitate IoT. GPU enables a unique IoT interface that is seamless and enables a ubiquitous user experience across industries. Applications of GPUs in IoT include user interface composite processing and 3D graphics for dynamic 3D user interfaces. Advances in integrated and hybrid GPUs can facilitate the ideal requirements of IoT systems that are acceptable form factors with extremely low power consumption for battery-powered devices. Furthermore, GPUs are a primary requirement for portable electronics products targeted by the IoT, such as smartphones, digital cameras and camcorders, laptops and tablets, wearable electronics, and home electronics. For instance; according to the IEEE Communication Society; on October 26th, 2019; by the end of 2018, more than 23 billion IoT devices were installed globally. And the number of devices is expected to triple to 75 billion by 2025.

Moreover, the growing use of GPU databases in the telecommunication and IT sector is also supplementing the market growth. The solution provided by the market is largely used in the telecommunication and IT sector to reduce churn rate, improve services, and enhance customer loyalty with GPU-Accelerated tools to boost the growth of the market. However, the lack of efficient training professionals with inadequate knowledge associated with GPU databases may hinder the growth of the global GPU database market. Despite that, a rise in the adoption of technically advanced GPU databases may create more opportunities in the global GPU database market.

North America is Expected to Dominate the Global GPU Database Market

Geographically, North America is expected to dominate the global GPU database market within the forecast period due to the increasing adoption of smartphones, rising adoption of artificial intelligence and growing adoption of GPU-accelerated solutions in this region. The increasing adoption of smartphones is driving the growth of the market. For instance; according to, the Cellular Telecommunications and Internet Association, the number of smartphone users in the United States is 262 million in 2018. In addition, the rising adoption of artificial intelligence is another factor supplementing the market growth in this region. For instance; on May 5th, 2021; the White House launched a new artificial intelligence website to make artificial intelligence research more accessible.

The Asia Pacific is the fastest-growing region in the global GPU database market due to increasing demand for GPU-Accelerated tools, rising internet penetration, and advancement in technologies in this field in this region. For instance; on November 18th, 2021; Innosilicon technology launched China’s first high-performance server GPU: features PCIe 4.0, HDMI 2.1, GDDR6X memory & aims VR/AI/cloud market.

By Regional & Country Level

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia

Latin America

  • Brazil
  • Mexico

Middle East and Africa

  • GCC
  • Africa
  • Rest of Middle East and Africa
Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2021 - 2028
Market Size in 2021: USD 308.9 Million
Base year considered 2021
Forecast Period CAGR %:

20.5%

Market Size Expected in 2028: USD 1139.4 Million
Tables, Charts & Figures: 175
Pages 300
Key Players/Companies

Jedox, Kinetica, Blazingdb, Heterodb, Fastdata.Io, Zilliz, Fuzzy Logix, Anaconda, H2o.Ai, Graphistry, Omnisci, Blazegraph, Sqream, Nvidia, Neo4j, Brytlyt, others.

Segments Covered By Deployment Model, By Application, By End-User.
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Deployment Model:

  • Cloud
  • On-premises

By Application:

  • Retail & eCommerce
  • BFSI
  • Healthcare & Pharmaceuticals
  • Telecommunications & IT
  • Government & Defense
  • Transportation & Logistics
  • Others
Country
Regions and Country

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherlands
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA
Company
Key Players
  • Jedox
  • Kinetica
  • Blazingdb
  • Heterodb
  • Fastdata.Io
  • Zilliz
  • Fuzzy Logix
  • Anaconda
  • H2o.Ai
  • Graphistry
  • Omnisci
  • Blazegraph
  • Sqream
  • Nvidia
  • Neo4j
  • Brytlyt
  • others.

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