South America GPU Database Market

The GPU database market in SAM is expected to grow from US$ 16.20 million in 2022 to US$ 39.57 million by 2028. It is estimated to grow at a CAGR of 16.0% 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

According to a global survey of executives from Bain & Company, business professionals in South America are most enthusiastic about adopting GPU database tools. Hence, such factors prove that the region would offer lucrative opportunities for GPU database tool vendors during the forecast period. Furthermore, In May 2020, New Relic collaborated with Agencia Sabia, to raise awareness of brand differences and solutions in South America and increase its potential audience. New Relic is leveraging Sabiá's support at every step in understanding best practices and interacting with customers to show the difference between solutions through customer experience. Such initiatives are likely to propel the GPU database tools market growth in the coming years. The significant presence of call centers in Brazil and Colombia and the growing social media trends, such as social e-commerce and D2C, is anticipated to propel the GPU database tools market growth over the forecast period as the development of these businesses relies on customer experience feedback. Moreover, the continued rise of SMEs in Chile, Argentina, and other countries is highly influencing the implementation of GPU solutions to drive regional and global businesses.

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

South America GPU Database Strategic Insights

Strategic insights for the South America 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.

South America GPU Database Report Scope

South America GPU Database Regional Insights

The geographic scope of the South America 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.

SAM GPU Database Market Segmentation

The SAM 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 SAM 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 SAM 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 SAM 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 Brazil, Argentina, and Rest of SAM. Brazil dominated the market share in 2022.

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