The GPU databasemarket in Europe is expected to grow from US$ 109.44 million in 2022 to US$ 316.82 million by 2028. It is estimated to grow at a CAGR of 19.4% from 2022 to 2028.
Availability of Open-Source Solutions and Growing Applications Areas
The growing trend for adopting open source GPU database solutions that deliver flexibility, high quality, considerably lower cost, and enhanced security for analytical applications is driving the market growth faster over the forecast period. Adopting specific GPU solutions enabling high Q performance for computing in a particular vertical range offer potential opportunities for adopting database solutions. To enable the running of AI and ML workloads for enterprise use cases, Nvidia released version 2.1 of its AI Enterprise software suite. In August 2021, Nvidia AI Enterprise became generally accessible as a collection of supported AI and ML solutions that function well on Nvidia'ss hardware. Thus, the support for open source strengthened by Nvidia AI Enterprise 2.1 is further boosting the market growth. The growing application of GPU databases across various applications is driving the market. For instance, in February 2019, Uber introduced AresDB, an open-source real-time analytics engine leveraging an unconventional power source, graphics processing units (GPUs), to meet the growing demands of analysis at scale and simultaneously unifying, simplifying, and improving Uber's existing solutions. Also, in April 2021, Cloudera, an enterprise data cloud company, announced that Cloudera Data Platform (CDP) would integrate RAPIDS Accelerator into Apache Spark 3.0. Thus, such growing adoption across various applications is driving the market.Market Overview
According to a recent report by The Paypers, e-commerce across Europe grew by 10% from US$ 757 billion during 2019 - 2020 to US$ 844 billion by 2021. Furthermore, the report claims that in 2020 Western Europe recorded the leading sales with 64% of total sales, while Southern Europe accounted for 16%. Regions with the highest sales growth rates from 2019 to 2020 were Eastern Europe (36%), Central Europe (28%), and Southern Europe (24%). Hence, the growing e-commerce industry is likely to boost the adoption of GPU tools in Europe, as e-commerce and managing customer experience are affected by the online experiences of people who find and visit a website or product page from the start of the checkout process to the post-purchase confirmation email in the inbox. Customer experience has become an integral part of business strategy in the telecommunication industry. Good customer experience helps companies improve their brand, gain customer loyalty, and reduce customer churn, directly impacting sales. The growth in digital technology has led customers to demand a seamless experience while engaging across multiple channels or touchpoints. Technological advances in cloud and big data analytics through GPU-based frameworks improve end-to-end consumer experience processes. All these factors mentioned above are expected to boost the GPU database market in Europe during the forecast period.Europe GPU Database Market Segmentation
The Europe 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 Europe 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 Europe GPU database market is segmented into fraud detection and prevention, governance risk & 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 Europe industry vertical market is segmented into BFSI, IT and 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 France, Germany, Italy, UK, Russia, and Rest of Europe. Germany dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 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. Europe GPU Database Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe 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- Europe Analysis
6.1 Europe GPU Database Market Overview
6.2 Europe GPU Database Market Revenue Forecast and Analysis
7. Europe GPU Database Market Analysis - By Component
7.1 Overview
7.2 Europe 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. Europe GPU Database Market Analysis - By Deployment
8.1 Overview
8.2 Europe 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. Europe GPU Database Market Analysis - By Application
9.1 Overview
9.2 Europe 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. Europe GPU Database Market Analysis - By Industry Vertical
10.1 Overview
10.2 Europe 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. Europe GPU Database Market - Country Analysis
11.1 Overview
11.1.1 Europe GPU Database Market Breakdown, by Country
11.1.1.1 Germany GPU Database Market, Revenue and Forecast to 2028
11.1.1.1.1 Germany GPU Database Market Breakdown, By Component
11.1.1.1.2 Germany GPU Database Market Breakdown, By Deployment
11.1.1.1.3 Germany GPU Database Market Breakdown, By Application
11.1.1.1.4 Germany GPU Database Market Breakdown, By Industry Vertical
11.1.1.2 France GPU Database Market, Revenue and Forecast to 2028
11.1.1.2.1 France GPU Database Market Breakdown, By Component
11.1.1.2.2 France GPU Database Market Breakdown, By Deployment
11.1.1.2.3 France GPU Database Market Breakdown, By Application
11.1.1.2.4 France GPU Database Market Breakdown, By Industry Vertical
11.1.1.3 Italy GPU Database Market, Revenue and Forecast to 2028
11.1.1.3.1 Italy GPU Database Market Breakdown, By Component
11.1.1.3.2 Italy GPU Database Market Breakdown, By Deployment
11.1.1.3.3 Italy GPU Database Market Breakdown, By Application
11.1.1.3.4 Italy GPU Database Market Breakdown, By Industry Vertical
11.1.1.4 UK GPU Database Market, Revenue and Forecast to 2028
11.1.1.4.1 UK GPU Database Market Breakdown, By Component
11.1.1.4.2 UK GPU Database Market Breakdown, By Deployment
11.1.1.4.3 UK GPU Database Market Breakdown, By Application
11.1.1.4.4 UK GPU Database Market Breakdown, By Industry Vertical
11.1.1.5 Russia GPU Database Market, Revenue and Forecast to 2028
11.1.1.5.1 Russia GPU Database Market Breakdown, By Component
11.1.1.5.2 Russia GPU Database Market Breakdown, By Deployment
11.1.1.5.3 Russia GPU Database Market Breakdown, By Application
11.1.1.5.4 Russia GPU Database Market Breakdown, By Industry Vertical
11.1.1.6 Rest of Europe GPU Database Market, Revenue and Forecast to 2028
11.1.1.6.1 Rest of Europe GPU Database Market Breakdown, By Component
11.1.1.6.2 Rest of Europe GPU Database Market Breakdown, By Deployment
11.1.1.6.3 Rest of Europe GPU Database Market Breakdown, By Application
11.1.1.6.4 Rest of Europe GPU Database Market Breakdown, By Industry Vertical
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
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 H2O.ai
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 Jedox
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 SQream Technologies
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 Nvidia Corporation
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
14. Appendix
14.1 About the Publisher
14.2 Word Index
List of Tables
Table 1. Europe GPU Database Market Revenue Forecast and Forecast to 2028 (US$ Million)
Table 2. Europe GPU Database Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 3. Germany GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 4. Germany GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 5. Germany GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 6. Germany GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 7. France GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 8. France GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 9. France GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 10. France GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 11. Italy GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 12. Italy GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 13. Italy GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 14. Italy GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 15. UK GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 16. UK GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 17. UK GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 18. UK GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 19. Russia GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 20. Russia GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 21. Russia GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 22. Russia GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 23. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 24. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 25. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 26. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 27. List of Abbreviation
List of Figures
Figure 1. Europe GPU Database Market Segmentation
Figure 2. Europe GPU Database Market Segmentation - By Country
Figure 3. Europe GPU Database Market Overview
Figure 4. Europe GPU Database Market, by Component
Figure 5. Europe GPU Database Market, by Country
Figure 6. Europe: PEST Analysis
Figure 7. GPU database Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Europe GPU Database Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe GPU Database Market Revenue Forecast and Analysis (US$ Million)
Figure 11. Europe GPU Database Market, By Component (2021 and 2028)
Figure 12. Europe Tool: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Service: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe GPU Database Market, By Deployment (2021 and 2028)
Figure 15. Europe Cloud: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe On Premises: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe GPU Database Market, By Application (2021 and 2028)
Figure 18. Europe Fraud Detection and Prevention: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Governance Risk and Compliance (GRC): GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Customer Experience Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Predictive Maintenance: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Supply Chain Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Threat Intelligence: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe GPU Database Market, By Industry (2021 and 2028)
Figure 26. Europe BFSI: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe IT and Telecom: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Retail and E-commerce: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Healthcare: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe Transportation and Logistics: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe Government and Defense: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: GPU Database Market, by Key Country - Revenue (2021) (US$ Million)
Figure 34. Europe GPU Database Market Breakdown, by Country, 2021 & 2028(%)
Figure 35. Germany GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 36. France GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 37. Italy GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 38. UK GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 39. Russia GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 40. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Companies Mentioned
- Brytlyt
- H2O.ai
- Jedox
- Nvidia Corporation
- SQream Technologies
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 132 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 109.44 Million |
| Forecasted Market Value ( USD | $ 316.82 Million |
| Compound Annual Growth Rate | 19.4% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 5 |
