North America GPU Database Market Forecast to 2028

Report Code : BMIRE00027616 | Region : North America | Industry : Technology, Media and Telecommunications | Published Date : 14/Dec/2022
North America GPU Database Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Tool and Service), Deployment (On-Premise and Cloud based), Application (Fraud Detection & Prevention, Governance Risk & Compliance (GRC), Customer Experience Management, Predictive Maintenance, Supply Chain Management, Threat Intelligence, and Others), and Industry Vertical (BFSI, IT & Telecom, Retail & E-Commerce, Healthcare, Transportation & Logistics, Government & Defense, and Others)

The GPU database market in North America is expected to grow from US$ 145.63 million in 2022 to US$ 395.94 million by 2028. It is estimated to grow at a CAGR of 18.1% from 2022 to 2028.

Regulations Creating Demand for Solutions Providing Performance-at-Scale

GPU databases offer significant improvements over the traditional CPUs database when performing repetitive operations particularly on large amounts of data. This is because GPUs can have thousands of cores of high bandwidth memory on each card. GPU-based databases achieve orders of magnitude speedups and price-performance gains over CPU-based analytic technologies. Stringent government regulations for providing excellent performance in various applications drive the market significantly. For instance, in March 2021, Resizable BAR utilized an advanced feature of PCI Express to increase performance in certain games. Thus, the growing demand for improved performance in various applications such as AI, ML, data analytics, and other application is fueling the adoption of GPU databases, which aids the market growth. GPU databases represent a tremendous opportunity for finance, telco, retail, security/IT, and energy industry. GPUs have also seen extensive usage in the defense-intelligence complex. Also, the constrained requirement of the system is further augmenting the demand for GPU systems. For instance, AMD Smart Access Memory enables faster gaming performance when pairing Ryzen & Radeon. Thus, regulations and specifications are helping to provide excellent performance, creating the demand for GPU database across vertical applications.

Market Overview

In North America, the US is one of the primary markets for the GPU database players due to their increasing adoption of big data solutions to gain insights into customer behavior and preferences. According to a recent Forbes report, in the US, 53% of companies are using big data analytics in 2020, up from 17% in 2019, with the telecommunications and financial services industries getting the fastest adoption. GPU tools help organizations improve their overall customer experience by providing quantifiable metrics and actionable insights into the issues that impact end users. In addition, the increasing digitalization in the enterprise sector fuels the adoption of automated GPU tools in North America. Also, highly informed, and demanding customers increasingly need timely, personalized interaction services. Therefore, the growing adoption of digital channels for interaction will help organizations better understand the underlying needs of their end users through a digital experience. As a result, companies in North America adopt GPU tools that ensure consistent service.

North America GPU Database Market Revenue and Forecast to 2028 (US$ Million)

North America GPU Database Market Segmentation

The North America GPU database market is segmented into component, deployment, application, industry vertical, and country. Based on component, the market is segmented into tool and services segment. The tool segment registered a larger market share in 2022.

Based on deployment, the North America GPU database market is segmented into cloud based and on-premise. The on-premise segment registered a larger market share in 2022. Based on application, the North America GPU database market is segmented into fraud detection and prevention, governance risk and compliance (GRC), customer experience management, predictive maintenance, supply chain management, threat intelligence, and others. The customer experience management segment registered the largest market share in 2022. Based on industry vertical, the North America industry vertical market is segmented into BFSI, IT & telecom, retail & e-commerce, healthcare, transportation & logistics, government & defense, and others. The IT & telecom segment registered the largest market share in 2022. Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

Brytlyt; Graphistry; H2O.ai; HEAVY.AI; Jedox; Kinetica DB Inc.; Neo4J, Inc.; Nvidia Corporation; SQream Technologies; and Zilliz are the leading companies operating in the GPU database market in the region.

● Brytlyt

● Graphistry

● H2O.ai

● HEAVY.AI

● Jedox

● Kinetica DB Inc.

● Neo4J, Inc.

● Nvidia Corporation

● SQream Technologies

● Zilliz

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America GPU Database Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America GPU Database Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Availability of Open Source Solutions and Growing Applications Areas

5.1.2 Regulations Creating Demand for Solutions Providing Performance-at-Scale

5.2 Key Market Restraints

5.2.1 Limited Capabilities of Available GPU Databases to Perform Crucial Operations in Analytics Use Cases

5.3 Key Market Opportunities

5.3.1 The increasing preference of enterprises toward AI and machine learning facilitated workloads

5.4 Trends

5.4.1 Strong Ecosystem support and increase in customer adoption

5.5 Impact analysis of Drivers and Restraints

6. GPU Database Market– North America Analysis

6.1 North America GPU Database Market Overview

6.2 North America GPU Database Market Revenue Forecast and Analysis

7. North America GPU Database Market Analysis – By Component

7.1 Overview

7.2 North America GPU Database Market, By Component (2021 And 2028)

7.3 Tool

7.3.1 Overview

7.3.2 Tool: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

7.4 Service

7.4.1 Overview

7.4.2 Service: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

8. North America GPU Database Market Analysis – By Deployment

8.1 Overview

8.2 North America GPU Database Market, By Deployment (2021 And 2028)

8.3 Cloud

8.3.1 Overview

8.3.2 Cloud: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

8.4 On Premises

8.4.1 Overview

8.4.2 On Premises: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9. North America GPU Database Market Analysis – By Application

9.1 Overview

9.2 North America GPU Database Market, By Application (2021 and 2028)

9.3 Fraud Detection and Prevention

9.3.1 Overview

9.3.2 Fraud Detection and Prevention: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9.4 Governance Risk and Compliance (GRC)

9.4.1 Overview

9.4.2 Governance Risk and Compliance (GRC): GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9.5 Customer Experience Management

9.5.1 Overview

9.5.2 Customer Experience Management: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9.6 Predictive Maintenance

9.6.1 Overview

9.6.2 Predictive Maintenance: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9.7 Supply Chain Management

9.7.1 Overview

9.7.2 Supply Chain Management: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9.8 Threat Intelligence

9.8.1 Overview

9.8.2 Threat Intelligence: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

9.9 Others

9.9.1 Overview

9.9.2 Others: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10. North America GPU Database Market Analysis – By Industry Vertical

10.1 Overview

10.2 North America GPU Database Market, By Industry (2021 And 2028)

10.3 BFSI

10.3.1 Overview

10.3.2 BFSI: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10.4 IT and Telecom

10.4.1 Overview

10.4.2 IT and Telecom: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10.5 Retail and E-commerce

10.5.1 Overview

10.5.2 Retail and E-commerce: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10.6 Healthcare

10.6.1 Overview

10.6.2 Healthcare: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10.7 Transportation and Logistics

10.7.1 Overview

10.7.2 Transportation and Logistics: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10.8 Government and Defense

10.8.1 Overview

10.8.2 Government and Defense: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

10.9 Others

10.9.1 Overview

10.9.2 Others: GPU Database Market Revenue and Forecast To 2028 (US$ Million)

11. North America GPU Database Market – Country Analysis

11.1 Overview

11.1.1 North America GPU Database Market Breakdown, by Country

11.1.1.1 US GPU Database Market, Revenue and Forecast to 2028

11.1.1.1.1 US GPU Database Market Breakdown, By Component

11.1.1.1.2 US GPU Database Market Breakdown, By Deployment

11.1.1.1.3 US GPU Database Market Breakdown, By Application

11.1.1.1.4 US GPU Database Market Breakdown, By Industry Vertical

11.1.1.2 Canada GPU Database Market, Revenue and Forecast to 2028

11.1.1.2.1 Canada GPU Database Market Breakdown, By Component

11.1.1.2.2 Canada GPU Database Market Breakdown, By Deployment

11.1.1.2.3 Canada GPU Database Market Breakdown, By Application

11.1.1.2.4 Canada GPU Database Market Breakdown, By Industry Vertical

11.1.1.3 Mexico GPU Database Market, Revenue and Forecast to 2028

11.1.1.3.1 Mexico GPU Database Market Breakdown, By Component

11.1.1.3.2 Mexico GPU Database Market Breakdown, By Deployment

11.1.1.3.3 Mexico GPU Database Market Breakdown, By Application

11.1.1.3.4 Mexico GPU Database Market Breakdown, By Industry Vertical

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

13.1 Brytlyt

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Graphistry

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 H2O.ai

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Jedox

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Kinetica DB Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Neo4J, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 SQream Technologies

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Zilliz

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Nvidia Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 HEAVY.AI

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1.             North America GPU Database Market Revenue Forecast and Forecast to 2028 (US$ Million)

Table 2.             North America GPU Database Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3.             US GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 4.             US GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 5.             US GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 6.             US GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)

Table 7.             Canada GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 8.             Canada GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 9.             Canada GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 10.          Canada GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)

Table 11.          Mexico GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)

Table 12.          Mexico GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)

Table 13.          Mexico GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 14.          Mexico GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)

Table 15.          List of Abbreviation

● Brytlyt

● Graphistry

● H2O.ai

● HEAVY.AI

● Jedox

● Kinetica DB Inc.

● Neo4J, Inc.

● Nvidia Corporation

● SQream Technologies

● Zilliz

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America GPU database market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America GPU database market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the GPU database market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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