GPU Database Market Analysis, Size, and Growth (2023-2028)
GPU Database Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 462.37 Million |
Market Size by 2031 | US$ 1956.23 Million |
Global CAGR (2023 - 2031) | 19.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
GPU Database Market News and Recent Developments
The GPU database market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the GPU database market are listed below:
- NVIDIA and HP Inc. announced the integration of NVIDIA CUDA-X data processing libraries with HP AI workstation solutions to turbocharge the data preparation and processing work that forms the foundation of generative AI development. Built on the NVIDIA CUDA compute platform, CUDA-X libraries speed data processing for a broad range of data types, including tables, text, images and video. They include the NVIDIA RAPIDS cuDF library, which accelerates the work of the nearly 10 million data scientists using pandas software by up to 110x using an NVIDIA RTX 6000 Ada Generation GPU instead of a CPU-only system, without requiring any code changes. (Source: NVIDIA, Press Release, March 2024)
- Zilliz, a trailblazer in vector database technology, announced the release of Milvus 2.4, setting a new standard in vector search capabilities with a groundbreaking GPU indexing feature powered by NVIDIA’s CUDA-Accelerated Graph Index for Vector Retrieval (CAGRA), part of the RAPIDS cuVS library. (Source: Zilliz, Press Release, March 2024)
GPU Database Market Report Coverage and Deliverables
The “GPU Database Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- GPU database market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- GPU database market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- GPU database market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the GPU database market
- Detailed company profiles