Press release
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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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
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 offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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