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.
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- 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
- LIST OF FIGURES
- Figure 1. North America GPU Database Market Segmentation
- Figure 2. North America GPU Database Market Segmentation – By Country
- Figure 3. North America GPU Database Market Overview
- Figure 4. North America GPU Database Market, by Component
- Figure 5. North America GPU Database Market, by Country
- Figure 6. North America: PEST Analysis
- Figure 7. GPU database Market- Ecosystem Analysis
- Figure 8. Expert Opinion
- Figure 9. North America GPU Database Market: Impact Analysis of Drivers and Restraints
- Figure 10. North America GPU Database Market Revenue Forecast and Analysis (US$ Million)
- Figure 11. North America GPU Database Market, By Component (2021 and 2028)
- Figure 12. North America Tool: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 13. North America Service: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 14. North America GPU Database Market, By Deployment (2021 and 2028)
- Figure 15. North America Cloud: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 16. North America On Premises: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 17. North America GPU Database Market, By Application (2021 and 2028)
- Figure 18. North America Fraud Detection and Prevention: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 19. North America Governance Risk and Compliance (GRC): GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 20. North America Customer Experience Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 21. North America Predictive Maintenance: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 22. North America Supply Chain Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 23. North America Threat Intelligence: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 24. North America Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 25. North America GPU Database Market, By Industry (2021 and 2028)
- Figure 26. North America BFSI: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 27. North America IT and Telecom: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 28. North America Retail and E-commerce: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 29. North America Healthcare: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 30. North America Transportation and Logistics: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 31. North America Government and Defense: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 32. North America Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
- Figure 33. North America: GPU Database Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 34. North America GPU Database Market Breakdown, by Country, 2021 & 2028 (%)
- Figure 35. US GPU Database Market, Revenue and Forecast to 2028 (US$ million)
- Figure 36. Canada GPU Database Market, Revenue and Forecast to 2028 (US$ million)
- Figure 37. Mexico GPU Database Market, Revenue and Forecast to 2028 (US$ million)
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