NEW YORK, Nov. 26, 2021 /PRNewswire/ -- Technavio's latest offering, the GPU Database Market report provides a detailed analysis of the competitive scenario and the market growth across various regions. The GPU database market is estimated to grow by USD 361.56 million from 2020 to 2025, growing at a CAGR of 17.82%. 48% of the market's growth will originate from North America. The US is the key market for GPU databases in the region. The growing demand for artificial intelligence (AI) will facilitate the GPU database market growth in North America.

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Market Dynamics

Factors such as massive data generation across various industries to drive the adoption of GPU accelerated tools and the availability of open source solutions and their growing applications areas will drive the growth of the GPU Database Market  However, the unavailability of enough technical expertise and domain knowledge might hamper the market growth. The holistic analysis of the drivers & challenges will help in predicting end goals and refining marketing strategies to gain a competitive edge.

Company Profiles

The GPU database market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.  Some of the companies covered in this report are BlazingSQL Inc., Brytlyt Ltd., Hetero DB Co. Ltd., Jedox GmbH, Kinetica DB Inc., Neo4j Inc., NVIDIA Corp., OmniSci Inc., SQream Technologies Ltd., and Zilliz, etc.

Few Companies with Key Offerings

  • BlazingSQL Inc. - The company offers GPU Database products with these features such as reducing code complexity.
  • Brytlyt Ltd. - The company offers GPU Database products such as Brytlyt On-Prem.
  • Hetero DB Co. Ltd. - The company offers GPU Database products such as PG-Strom.

Competitive Analysis

The competitive scenario provided in the GPU database market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Deployment, the market is classified into On-premise and Cloud. The GPU database market share growth by the on-premise segment has been significant.
  • By Geography, the market is classified as North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market.

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GPU Database Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 17.82%

Market growth 2021-2025

$ 361.56 million

Market structure

Fragmented

YoY growth (%)

17.00

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 48%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BlazingSQL Inc., Brytlyt Ltd., Hetero DB Co. Ltd., Jedox GmbH, Kinetica DB Inc., Neo4j Inc., NVIDIA Corp., OmniSci Inc., SQream Technologies Ltd., and Zilliz

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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