Asia-Pacific GPU Database Market

The GPU database market in APAC is expected to grow from US$ 96.70 million in 2022 to US$ 306.04 million by 2028. It is estimated to grow at a CAGR of 21.2% from 2022 to 2028.

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

The strong ecosystem support to robust solutions development, many companies are turning to NVIDIA GPUs to accelerate their journey toward AI. In the past few years, GPU-accelerated ecosystem partners have shown exponential growth. There are more than 3,200 startups in NVIDIA’s Inception startup incubation program, nearly double during the pandemic times. Anaconda, a GPU-accelerated python data science platform, has 6 million developers and recently announced the focus on GPUs and container usage. Also, in August 2022, Anaconda announced a strategic cloud partnership with oracle to enable seamless, secure open-source innovation in the cloud FastData, the first GPU-accelerated streaming solution, secured US$5 million to accelerate the adoption of its high-performance computing software.  The growing adoption of GPU database across various applications in every vertical of industries is trending the market dynamics. The leading consumer internet companies, automakers, and the leading healthcare industry have all adopted GPU technologies. Thus, increasing adoption across various industries is further propelling the market growth over the forecast period.

Market Overview

Asia Pacific is one of the emerging markets for GPU database tool vendors as the region's information technology industry has grown over the last decade. According to a recent World Bank report, 85% of Asia Pacific's top 20 tech companies reported Y-o-Y earnings growth in 2021 despite experiencing inflationary pressures and supply chain disruptions caused by the COVID-19 pandemic. According to a recent report by SalesForce in 2020, executives across the Asia Pacific support the progress of GPU technology, and 79% acknowledge that the GPU-based framework is important to maintain customer databases and threat intelligence. Furthermore, nearly half of all IT executives surveyed have confirmed that providing a superior GPU framework across multiple channels is a top priority for the next lustrum. Approximately 81% of executives are anticipated to see GPU framework adoption grow beyond sales and service/support over the next three to five years, improving coordination between teams and the GPU database. Such factors would boost the GPU database market growth over the forecast period. Furthermore, large businesses and SMEs in the Asia Pacific embrace cloud-based solutions frequently as these solutions help save money and resources. According to the 2021 CISCO Cybersecurity Series, Asia Pacific nations often host a higher percentage of their infrastructures in the cloud rather than on-premises. For instance, compared to just 9% internationally, 16% of Asia Pacific companies have between 80 and 100% of their data hosted on the cloud. Further, 52% of organizations in Asia Pacific countries felt the ease of using cloud deployment, and 50% of the organizations in the region felt cloud deployment of GPU database tool offers better database management and security. Such factors are contributing to the GPU database market growth in the region.

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

Asia-Pacific GPU Database Strategic Insights

Strategic insights for the Asia-Pacific GPU Database provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia-Pacific GPU Database Report Scope

Asia-Pacific GPU Database Regional Insights

The geographic scope of the Asia-Pacific GPU Database refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

APAC GPU Database Market Segmentation

The APAC 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 APAC 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 APAC 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 APAC 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 China, India, Japan, South Korea, Australia, and Rest of APAC. China dominated the market share in 2022.

Brytlyt; H2O.ai; Jedox; Nvidia Corporation; SQream Technologies; and Zilliz are the leading companies operating in the GPU database market in the region.