The GPU database market size was valued at US$ 388.81 million in 2022, it is expected to grow at a CAGR of 19.1% during 2022-2028
A GPU database uses graphics processing units (GPUs) to perform database operations. A GPU is a programmable processor designed to quickly render high-resolution images and videos. The GPU database processes huge data volumes quicker and more effectively than CPUs because they operate in parallel instead of in sequence. Thus, the GPU databases are typically faster and geared towards analytics which is more flexible in processing many different types of data or much larger amounts of data. A new generation of GPU-powered databases has emerged, driven by digitalization and data analytics. Traditional CPUs have surpassed GPUs for repeating tasks on a large amount of data. With the rise in volumes of data generation, the need for carrying out high-performance computing services to allow applications to run efficiently is growing. This has increased the demand for GPU databases. The databases use GPUs to carry out certain operations, such as big data, machine learning, and artificial intelligence.
The boom in digitization and modern technologies has caused a huge increase in data volumes in organizations. Digital transformation across healthcare, manufacturing, retail, and other industries during the pandemic will likely boost data generation during the forecast period. Thus, volumes of structured and unstructured data are growing exponentially. Key factors driving the growth of the GPU Database market include a significant rise in data generation through the BFSI, banking, media, and entertainment sectors. Also, the usage of GPU databases for Governance, Risk, And Compliance (GRC), fraud detection & avoidance, threat intelligence, Supply Chain Management (SCM), and Customer Experience Management (CEM) are anticipated to shape industry trends for the uptake of GPU Databases in the coming years. Thus, the wide scope application of GPU accelerated databases and tools in insurance agencies, banks, and other financial institutions will accelerate the demand for GPU Database, which will help drive the market over the forecast period.
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GPU Database Market: Strategic Insights
Market Size Value in US$ 388.81 Million in 2022 Market Size Value by US$ 1,112.11 Million by 2028 Growth rate CAGR of 19.1% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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GPU Database Market: Strategic Insights
| Market Size Value in | US$ 388.81 Million in 2022 |
| Market Size Value by | US$ 1,112.11 Million by 2028 |
| Growth rate | CAGR of 19.1% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on GPU Database Market Growth
The COVID-19 outbreak dramatically impacted the global economy during its peak in 2020 in its initial days. The pandemic hampered business activities in IT and business industries. The economic crisis after the pandemic caused a significant delay in the commercial roll-out of the next–generation technologies. Small and medium-scale companies are the backbone of technology providers and have witnessed a steep revenue drop since the pandemic in 2020. The covid-19 pandemic affected the value chain analysis and financially impacted certain companies. However, the COVID-19 outbreak positively influenced the GPU database market as it accelerated the adoption of artificial intelligence and machine learning across every vertical of the industry. The cloud is gaining momentum, and enterprises are working on optimizing their network, storage, and agility and achieving a higher bandwidth, wherein the GPU database has turned out to be the perfect solution.
Lucrative Regions: GPU Database Market Share
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Market Insight – GPU Database Market
Growing Demand for High-Performance Computing in Various Data-Intensive Industries
The GPU database delivers higher performance than a typical desktop computer or workstation to solve large science, engineering, or business problems. One of the best-known types of high-performance computing is the supercomputer. The supercomputer consists of thousands of compute nodes that work together to complete one or more tasks, which is also called parallel processing. The adoption of advanced technologies, such as the IoT, AI, and 3-D imaging, is increasing faster; also, the size and amount of data that organizations have to work with are growing exponentially. In addition, the ability to process such data in real-time is becoming a challenge for purposes, such as streaming a live sporting event, testing new products, tracking a developing storm, and analyzing stock trends. Thus, to overcome such challenges, the uptake of GPU databases is accelerating among organizations, bolstering the market dynamics over the coming years. The most prominent high-performance computing industries include weather modeling, streaming a live sporting event, oil and gas simulations, semiconductor design, genomics, finance, and engineering.
Segment -based Insights
Based on the GPU database market report, the GPU database market is segmented based on component, deployment, application, industry vertical, and geography. Based on components, the GPU database market GPU is bifurcated into tools and Services. In terms of deployment, the GPU database market is segmented into on-premises and cloud-based. Based on application, the GPU database market is segmented into fraud detection & prevention, governance risk & compliance (GRC), customer experience management, predictive maintenance, supply chain management, threat intelligence, and others. Based on industry vertical, the GPU database market is segmented into BFSI, IT & telecom, retail & e-commerce, healthcare, transportation & logistics, government & defense, and others. Based on geography, the GPU database market is segmented into North America, Europe, and Asia Pacific, the Middle East & Africa, and South America.
Players operating in the GPU database market are mainly focused on the development of advanced and efficient products.
- In September 2021, Graphistry released Hub Pro (Graphistry Hub for Professionals), the next stage in its mission to make GPU-accelerated visual graph analysis accessible to everyone. For individuals, Graphistry Hub Pro addresses security, cost, and maintenance issues. For teams, Hub Organizations will soon be available.
- In December 2021, H2o.ai launched its AI Hybrid Cloud, which allows users to manage an AI platform on-premise and in the cloud. With the new features, the company has launched a fully-managed cloud and named it simply “H2O AI Cloud,” which helps app developers and data to rapidly build AI models and apps by providing end-to-end solutions for the infrastructure.
Key players profiled in the GPU database market study are BRYTLYT; FUZZY LOGIX, INC; GRAPHISTRY; H2O.AI; JEDOX; KINETICA DB INC.; NEO4J, INC.; OMNISCI, INC.; SQREAM DB; and ZILLIZ. The market report provides detailed market insights, which helps key players to strategize the growth in the coming years.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Deployment, Application, and Industry Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Rising preference of enterprises toward AI and machine learning facilitated workloads is creating substantial growth opportunity for the market.
Based on component, the GPU database market is segmented into tool and services segment. The tool segment accounted for the largest share of the GPU database market in 2022. Moreover, the services segment is projected to grow at a faster pace during the forecast period. The growing adoption of AI and ML in data intensive industries is driving the segment growth over the forecast period.
Kinetica DB Inc; HEAVY.AI; Brytlyt; SQream Technologies; and NVIDIA Corporation are the five key players in the Global GPU database Market. These companies have shown consistent growth in revenue and larger volumes of sales. Additionally, the well-established top five players are offering a comprehensive product portfolio and have a prominent presence in terms of share in the global market.
The market is estimated to register a CAGR of 19.1% during the forecast period..
Based on deployment, the GPU database market is segmented into cloud and on premises. The on premise segment accounted for the largest share of the GPU database market in 2021 owing to increasing investment in data intensive industries for handling and processing large amount of data. Moreover, the cloud segment is projected to grow at a faster pace during the forecast period owing to increasing deployment from large enterprises which helps adding more GPUs to a server rather than adding more CPUs is driving the segment’s growth.
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. GPU Database Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. GPU Database Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Significant Rise in Data Generation in BFSI, Media, and Entertainment Sectors
5.1.2 Availability of Open Source Solutions and Growing Applications Areas
5.1.3 Regulations Creating Demand for Solutions Providing Performance-at-Scale
5.2 Key Market Restraints
5.2.1 High dominance of CPU’s over the GPU
5.2.2 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
5.3.2 Growing Demand for High-Performance Computing in Various Data-Intensive Industries
5.4 Trends
5.4.1 Strong Ecosystem support and increase in customer adoption
5.4.2 GPU-Accelerated Computing Would Continue to Enhance Machine Learning and Deep Learning Use-Cases
5.5 Impact analysis of Drivers and Restraints
6. GPU Database – Global Market Analysis
6.1 Global GPU Database Market Overview
6.2 Global GPU Database Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. GPU Database Market Analysis – By Component
7.1 Overview
7.2 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. Global GPU Database Market Analysis – By Deployment
8.1 Overview
8.2 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. Global GPU Database Market Analysis – By Application
9.1 Overview
9.2 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. GPU Database Market Analysis – By Industry Vertical
10.1 Overview
10.2 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. GPU Database Market – Geographic Analysis
11.1 Overview
11.2 North America: GPU Database Market
11.2.1 Overview
11.2.2 North America GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.2.3 North America GPU Database Market Breakdown, By Component
11.2.4 North America GPU Database Market Breakdown, By Deployment
11.2.5 North America GPU Database Market Breakdown, By Application
11.2.6 North America GPU Database Market Breakdown, By Industry Vertical
11.2.7 North America GPU Database Market Breakdown, by Country
11.2.7.1 US GPU Database Market, Revenue and Forecast to 2028
11.2.7.1.1 US GPU Database Market Breakdown, By Component
11.2.7.1.2 US GPU Database Market Breakdown, By Deployment
11.2.7.1.3 US GPU Database Market Breakdown, By Application
11.2.7.1.4 US GPU Database Market Breakdown, By Industry Vertical
11.2.7.2 Canada GPU Database Market, Revenue and Forecast to 2028
11.2.7.2.1 Canada GPU Database Market Breakdown, By Component
11.2.7.2.2 Canada GPU Database Market Breakdown, By Deployment
11.2.7.2.3 Canada GPU Database Market Breakdown, By Application
11.2.7.2.4 Canada GPU Database Market Breakdown, By Industry Vertical
11.2.7.3 Mexico GPU Database Market, Revenue and Forecast to 2028
11.2.7.3.1 Mexico GPU Database Market Breakdown, By Component
11.2.7.3.2 Mexico GPU Database Market Breakdown, By Deployment
11.2.7.3.3 Mexico GPU Database Market Breakdown, By Application
11.2.7.3.4 Mexico GPU Database Market Breakdown, By Industry Vertical
11.3 Europe: GPU Database Market
11.3.1 Overview
11.3.2 Europe GPU Database Market Revenue and Forecast to 2028 (US$ million)
11.3.3 Europe GPU Database Market Breakdown, By Component
11.3.4 Europe GPU Database Market Breakdown, By Deployment
11.3.5 Europe GPU Database Market Breakdown, By Application
11.3.6 Europe GPU Database Market Breakdown, By Industry Vertical
11.3.7 Europe GPU Database Market Breakdown, by Country
11.3.7.1 Germany GPU Database Market, Revenue and Forecast to 2028
11.3.7.1.1 Germany GPU Database Market Breakdown, By Component
11.3.7.1.2 Germany GPU Database Market Breakdown, By Deployment
11.3.7.1.3 Germany GPU Database Market Breakdown, By Application
11.3.7.1.4 Germany GPU Database Market Breakdown, By Industry Vertical
11.3.7.2 France GPU Database Market, Revenue and Forecast to 2028
11.3.7.2.1 France GPU Database Market Breakdown, By Component
11.3.7.2.2 France GPU Database Market Breakdown, By Deployment
11.3.7.2.3 France GPU Database Market Breakdown, By Application
11.3.7.2.4 France GPU Database Market Breakdown, By Industry Vertical
11.3.7.3 Italy GPU Database Market, Revenue and Forecast to 2028
11.3.7.3.1 Italy GPU Database Market Breakdown, By Component
11.3.7.3.2 Italy GPU Database Market Breakdown, By Deployment
11.3.7.3.3 Italy GPU Database Market Breakdown, By Application
11.3.7.3.4 Italy GPU Database Market Breakdown, By Industry Vertical
11.3.7.4 UK GPU Database Market, Revenue and Forecast to 2028
11.3.7.4.1 UK GPU Database Market Breakdown, By Component
11.3.7.4.2 UK GPU Database Market Breakdown, By Deployment
11.3.7.4.3 UK GPU Database Market Breakdown, By Application
11.3.7.4.4 UK GPU Database Market Breakdown, By Industry Vertical
11.3.7.5 Russia GPU Database Market, Revenue and Forecast to 2028
11.3.7.5.1 Russia GPU Database Market Breakdown, By Component
11.3.7.5.2 Russia GPU Database Market Breakdown, By Deployment
11.3.7.5.3 Russia GPU Database Market Breakdown, By Application
11.3.7.5.4 Russia GPU Database Market Breakdown, By Industry Vertical
11.3.7.6 Rest of Europe GPU Database Market, Revenue and Forecast to 2028
11.3.7.6.1 Rest of Europe GPU Database Market Breakdown, By Component
11.3.7.6.2 Rest of Europe GPU Database Market Breakdown, By Deployment
11.3.7.6.3 Rest of Europe GPU Database Market Breakdown, By Application
11.3.7.6.4 Rest of Europe GPU Database Market Breakdown, By Industry Vertical
11.4 APAC: GPU Database Market
11.4.1 Overview
11.4.2 APAC GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.3 APAC GPU Database Market Breakdown, By Component
11.4.4 APAC GPU Database Market Breakdown, By Deployment
11.4.5 APAC GPU Database Market Breakdown, By Application
11.4.6 APAC GPU Database Market Breakdown, By Industry Vertical
11.4.7 APAC GPU Database Market Breakdown, by Country
11.4.7.1 Australia GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.1.1 Australia GPU Database Market Breakdown, By Component
11.4.7.1.2 Australia GPU Database Market Breakdown, By Deployment
11.4.7.1.3 Australia GPU Database Market Breakdown, By Application
11.4.7.1.4 Australia GPU Database Market Breakdown, By Industry Vertical
11.4.7.2 China GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.2.1 China GPU Database Market Breakdown, By Component
11.4.7.2.2 China GPU Database Market Breakdown, By Deployment
11.4.7.2.3 China GPU Database Market Breakdown, By Application
11.4.7.2.4 China GPU Database Market Breakdown, By Industry Vertical
11.4.7.3 India GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.3.1 India GPU Database Market Breakdown, By Component
11.4.7.3.2 India GPU Database Market Breakdown, By Deployment
11.4.7.3.3 India GPU Database Market Breakdown, By Application
11.4.7.3.4 India GPU Database Market Breakdown, By Industry Vertical
11.4.7.4 Japan GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.4.1 Japan GPU Database Market Breakdown, By Component
11.4.7.4.2 Japan GPU Database Market Breakdown, By Deployment
11.4.7.4.3 Japan GPU Database Market Breakdown, By Application
11.4.7.4.4 Japan GPU Database Market Breakdown, By Industry Vertical
11.4.7.5 South Korea GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.5.1 South Korea GPU Database Market Breakdown, By Component
11.4.7.5.2 South Korea GPU Database Market Breakdown, By Deployment
11.4.7.5.3 South Korea GPU Database Market Breakdown, By Application
11.4.7.5.4 South Korea GPU Database Market Breakdown, By Industry Vertical
11.4.7.6 Rest of APAC GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.6.1 Rest of APAC GPU Database Market Breakdown, By Component
11.4.7.6.2 Rest of APAC GPU Database Market Breakdown, By Deployment
11.4.7.6.3 Rest of APAC GPU Database Market Breakdown, By Application
11.4.7.6.4 Rest of APAC GPU Database Market Breakdown, By Industry Vertical
11.5 MEA: GPU Database Market
11.5.1 Overview
11.5.2 MEA GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.5.3 MEA GPU Database Market Breakdown, By Component
11.5.4 MEA GPU Database Market Breakdown, By Deployment
11.5.5 MEA GPU Database Market Breakdown, By Application
11.5.6 MEA GPU Database Market Breakdown, By Industry Vertical
11.5.7 MEA GPU Database Market Breakdown, By Country
11.5.7.1 Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.1.1 Saudi Arabia GPU Database Market Breakdown, By Component
11.5.7.1.2 Saudi Arabia GPU Database Market Breakdown, By Deployment
11.5.7.1.3 Saudi Arabia GPU Database Market Breakdown, By Application
11.5.7.1.4 Saudi Arabia GPU Database Market Breakdown, By Industry Vertical
11.5.7.2 UAE GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.2.1 UAE GPU Database Market Breakdown, By Component
11.5.7.2.2 UAE GPU Database Market Breakdown, By Deployment
11.5.7.2.3 UAE GPU Database Market Breakdown, By Application
11.5.7.2.4 UAE GPU Database Market Breakdown, By Industry Vertical
11.5.7.3 South Africa GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.3.1 South Africa GPU Database Market Breakdown, By Component
11.5.7.3.2 South Africa GPU Database Market Breakdown, By Deployment
11.5.7.3.3 South Africa GPU Database Market Breakdown, By Application
11.5.7.3.4 South Africa GPU Database Market Breakdown, By Industry Vertical
11.5.7.4 Rest of MEA GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.4.1 Rest of MEA GPU Database Market Breakdown, By Component
11.5.7.4.2 Rest of MEA GPU Database Market Breakdown, By Deployment
11.5.7.4.3 Rest of MEA GPU Database Market Breakdown, By Application
11.5.7.4.4 Rest of MEA GPU Database Market Breakdown, By Industry Vertical
11.6 SAM: GPU Database Market
11.6.1 Overview
11.6.2 SAM GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.6.3 SAM GPU Database Market Breakdown, By Component
11.6.4 SAM GPU Database Market Breakdown, By Deployment
11.6.5 SAM GPU Database Market Breakdown, By Application
11.6.6 SAM GPU Database Market Breakdown, By Industry Vertical
11.6.7 SAM GPU Database Market Breakdown, by Country
11.6.7.1 Brazil GPU Database Market, Revenue and Forecast to 2028
11.6.7.1.1 Brazil GPU Database Market Breakdown, By Component
11.6.7.1.2 Brazil GPU Database Market Breakdown, By Deployment
11.6.7.1.3 Brazil GPU Database Market Breakdown, By Application
11.6.7.1.4 Brazil GPU Database Market Breakdown, By Industry Vertical
11.6.7.2 Argentina GPU Database Market, Revenue and Forecast to 2028
11.6.7.2.1 Argentina GPU Database Market Breakdown, By Component
11.6.7.2.2 Argentina GPU Database Market Breakdown, By Deployment
11.6.7.2.3 Argentina GPU Database Market Breakdown, By Application
11.6.7.2.4 Argentina GPU Database Market Breakdown, By Industry Vertical
11.6.7.3 Rest of SAM GPU Database Market, Revenue and Forecast to 2028
11.6.7.3.1 Rest of SAM GPU Database Market Breakdown, By Component
11.6.7.3.2 Rest of SAM GPU Database Market Breakdown, By Deployment
11.6.7.3.3 Rest of SAM GPU Database Market Breakdown, By Application
11.6.7.3.4 Rest of SAM GPU Database Market Breakdown, By Industry Vertical
12. Impact of COVID-19 Pandemic on GPU Database Market
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 APAC: Impact Assessment of COVID-19 Pandemic
12.5 MEA: Impact Assessment of COVID-19 Pandemic
12.6 SAM: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 BRYTLYT
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 GRAPHISTRY
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 H2O.ai
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Jedox
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Kinetica DB Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Neo4J, INC.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 SQream Technologies
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 ZILLIZ
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 NVIDIA CORPORATION
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 HEAVY.AI
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Global GPU Database Market Revenue Forecast and Forecast to 2028 (US$ Million)
Table 2. North America GPU Database Market, Revenue and Forecast To 2028 – By Component (US$ million)
Table 3. North America GPU Database Market, Revenue and Forecast To 2028 – By Deployment (US$ million)
Table 4. North America GPU Database Market, Revenue and Forecast To 2028 – By Application (US$ million)
Table 5. North America GPU Database Market, Revenue and Forecast To 2028 – By Industry Vertical (US$ million)
Table 6. North America GPU Database Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 7. US GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 8. US GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 9. US GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 10. US GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 11. Canada GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 12. Canada GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 13. Canada GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 14. Canada GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 15. Mexico GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 16. Mexico GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 17. Mexico GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 18. Mexico GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 19. Europe GPU Database Market, Revenue and Forecast To 2028 – By Component (US$ million)
Table 20. Europe GPU Database Market, Revenue and Forecast To 2028 – By Deployment (US$ million)
Table 21. Europe GPU Database Market, Revenue and Forecast To 2028 – By Application (US$ million)
Table 22. Europe GPU Database Market, Revenue and Forecast To 2028 – By Industry Vertical (US$ million)
Table 23. Europe GPU Database Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 24. Germany GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 25. Germany GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 26. Germany GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 27. Germany GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 28. France GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 29. France GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 30. France GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 31. France GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 32. Italy GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 33. Italy GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 34. Italy GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 35. Italy GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 36. UK GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 37. UK GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 38. UK GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 39. UK GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 40. Russia GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 41. Russia GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 42. Russia GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 43. Russia GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 44. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 45. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 46. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 47. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 48. APAC GPU Database Market, Revenue and Forecast To 2028 – By Component (US$ million)
Table 49. APAC GPU Database Market, Revenue and Forecast To 2028 – By Deployment (US$ million)
Table 50. APAC GPU Database Market, Revenue and Forecast To 2028 – By Application (US$ million)
Table 51. APAC GPU Database Market, Revenue and Forecast To 2028 – By Industry Vertical (US$ million)
Table 52. APAC GPU Database Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 53. Australia GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 54. Australia GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 55. Australia GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 56. Australia GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 57. China GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 58. China GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 59. China GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 60. China GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 61. India GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 62. India GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 63. India GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 64. India GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 65. Japan GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 66. Japan GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 67. Japan GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 68. Japan GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 69. South Korea GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 70. South Korea GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 71. South Korea GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 72. South Korea GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 73. Rest of APAC GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 74. Rest of APAC GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 75. Rest of APAC GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 76. Rest of APAC GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 77. MEA GPU Database Market, Revenue and Forecast To 2028 – By Component (US$ million)
Table 78. MEA GPU Database Market, Revenue and Forecast To 2028 – By Deployment (US$ million)
Table 79. MEA GPU Database Market, Revenue and Forecast To 2028 – By Application (US$ million)
Table 80. MEA GPU Database Market, Revenue and Forecast To 2028 – By Industry Vertical (US$ million)
Table 81. MEA GPU Database Market, Revenue and Forecast to 2028 – By Country (US$ million)
Table 82. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 83. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 84. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 85. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 86. UAE GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 87. UAE GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 88. UAE GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 89. UAE GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 90. South Africa GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 91. South Africa GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 92. South Africa GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 93. South Africa GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 94. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 95. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 96. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 97. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 98. SAM GPU Database Market, Revenue and Forecast To 2028 – By Component (US$ million)
Table 99. SAM GPU Database Market, Revenue and Forecast To 2028 – By Deployment (US$ million)
Table 100. SAM GPU Database Market, Revenue and Forecast To 2028 – By Application (US$ million)
Table 101. SAM GPU Database Market, Revenue and Forecast To 2028 – By Industry Vertical (US$ million)
Table 102. SAM GPU Database Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 103. Brazil GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 104. Brazil GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 105. Brazil GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 106. Brazil GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 107. Argentina GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 108. Argentina GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 109. Argentina GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 110. Argentina GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 111. Rest of SAM GPU Database Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 112. Rest of SAM GPU Database Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 113. Rest of SAM GPU Database Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 114. Rest of SAM GPU Database Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ million)
Table 115. List of Abbreviation
LIST OF FIGURES
Figure 1. GPU Database Market Segmentation
Figure 2. GPU Database Market Segmentation – By Geography
Figure 3. Global GPU Database Market Overview
Figure 4. GPU Database Market, by Component
Figure 5. GPU Database Market, by Deployment
Figure 6. GPU Database Market, by Application
Figure 7. GPU Database Market, by Industry Vertical
Figure 8. GPU Database Market, by Geography
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. APAC: PEST Analysis
Figure 12. MEA: PEST Analysis
Figure 13. SAM: PEST Analysis
Figure 14. GPU database Market- Ecosystem Analysis
Figure 15. Expert Opinion
Figure 16. GPU Database Market: Impact Analysis of Drivers and Restraints
Figure 17. Geographic Overview of GPU Database Market
Figure 18. Global GPU Database Market Revenue Forecast and Analysis (US$ Million)
Figure 19. GPU Database Market, By Component (2021 and 2028)
Figure 20. Tool: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Service: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. GPU Database Market, By Deployment (2021 and 2028)
Figure 23. Cloud: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. On Premises: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. GPU Database Market, By Application (2021 and 2028)
Figure 26. Fraud Detection and Prevention: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Governance Risk and Compliance (GRC): GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Customer Experience Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Predictive Maintenance: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Supply Chain Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Threat Intelligence: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. GPU Database Market, By Industry (2021 and 2028)
Figure 34. BFSI: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. IT and Telecom: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 36. Retail and E-commerce: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 37. Healthcare: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 38. Transportation and Logistics: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 39. Government and Defense: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 40. Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 41. Global GPU Database Market Breakdown, by Region, 2021 & 2028 (%)
Figure 42. North America GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 43. North America GPU Database Market Breakdown, By Component, 2021 & 2028 (%)
Figure 44. North America GPU Database Market Breakdown, By Deployment, 2021 & 2028 (%)
Figure 45. North America GPU Database Market Breakdown, By Application, 2021 & 2028 (%)
Figure 46. North America GPU Database Market Breakdown, By Industry Vertical, 2021 & 2028 (%)
Figure 47. North America GPU Database Market Breakdown, by Country, 2021 & 2028 (%)
Figure 48. US GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 49. Canada GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 50. Mexico GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 51. Europe GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 52. Europe GPU Database Market Breakdown, By Component, 2021 & 2028 (%)
Figure 53. Europe GPU Database Market Breakdown, By Deployment, 2021 & 2028 (%)
Figure 54. Europe GPU Database Market Breakdown, By Application, 2021 & 2028 (%)
Figure 55. Europe GPU Database Market Breakdown, By Industry Vertical, 2021 & 2028 (%)
Figure 56. Europe GPU Database Market Breakdown, by Country, 2021 & 2028(%)
Figure 57. Germany GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 58. France GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 59. Italy GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 60. UK GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 61. Russia GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 62. Rest of Europe GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 63. APAC GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 64. APAC GPU Database Market Breakdown, By Component, 2021 & 2028 (%)
Figure 65. APAC GPU Database Market Breakdown, By Deployment, 2021 & 2028 (%)
Figure 66. APAC GPU Database Market Breakdown, By Application, 2021 & 2028 (%)
Figure 67. APAC GPU Database Market Breakdown, By Industry Vertical, 2021 & 2028 (%)
Figure 68. APAC GPU Database Market Breakdown, by Country, 2021 & 2028 (%)
Figure 69. Australia GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 70. China GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 71. India GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 72. Japan GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 73. South Korea GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 74. Rest of APAC GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 75. MEA GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 76. MEA GPU Database Market Breakdown, By Component, 2021 & 2028 (%)
Figure 77. MEA GPU Database Market Breakdown, By Deployment, 2021 & 2028 (%)
Figure 78. MEA GPU Database Market Breakdown, By Application, 2021 & 2028 (%)
Figure 79. MEA GPU Database Market Breakdown, By Industry Vertical, 2021 & 2028 (%)
Figure 80. MEA GPU Database Market Breakdown, By Country, 2021 & 2028 (%)
Figure 81. Saudi Arabia GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 82. UAE GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 83. South Africa GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 84. Rest of MEA GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 85. SAM GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 86. SAM GPU Database Market Breakdown, By Component, 2021 & 2028 (%)
Figure 87. SAM GPU Database Market Breakdown, By Deployment, 2021 & 2028 (%)
Figure 88. SAM GPU Database Market Breakdown, By Application, 2021 & 2028 (%)
Figure 89. SAM GPU Database Market Breakdown, By Industry Vertical, 2021 & 2028 (%)
Figure 90. SAM GPU Database Market Breakdown, by Country, 2021 & 2028 (%)
Figure 91. Brazil GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 92. Argentina GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 93. Rest of SAM GPU Database Market, Revenue and Forecast to 2028 (US$ million)
Figure 94. Impact of COVID-19 Pandemic in North American Country Markets
Figure 95. Impact of COVID-19 Pandemic in European Country Markets
Figure 96. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 97. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 98. Impact of COVID-19 Pandemic in SAM Country Markets
The List of Companies - GPU Database Market
- BRYTLYT
- GRAPHISTRY
- H2O.ai
- Jedox
- Kinetica DB Inc.
- Neo4J, INC.
- SQREAM DB
- ZILLIZ
- NVIDIA CORPORATION
- HEAVY.AI
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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