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Middle East & Africa GPU Database Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component, Deployment, Application , and Industry Vertical

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    Report

  • 115 Pages
  • December 2022
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5715100
UP TO OFF until Mar 15th 2023
The GPU databasemarket in MEA is expected to grow from US$ 20.83 million in 2022 to US$ 53.75 million by 2028. It is estimated to grow at a CAGR of 17.1% from 2022 to 2028.

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

The scope of artificial intelligence has dramatically influenced the enterprises in recent years as significant advancements in the field have expanded across various sectors, from healthcare and energy to construction and aerospace. The adoption of AI can help achieve better results for the enterprise, such as improving a variety of business and efficiency metrics, serving customers better, scaling without adding headcount, and providing the deepest insights into the organization'ss data. The increasing preference of AI and ML in enterprises is augmenting the need for GPU database, posing a potential opportunity for market growth. Investors are looking for multiple start-ups to provide machine learning funding and investment for lucrative ML models for the betterment of society. It has been witnessed that ML investments and funding have started transforming the tech-driven market, which is further leveraging the demand for GPU database, helping the market to grow. For instance, in November 2021, H2O.ai, one of the leading providers of a cloud platform for AI system development, announced that it raised US$100 million in a series E round led by Commonwealth Bank of Australia (CBA) with participation from Pivot Investment Partners, Goldman Sachs, Celesta Capital, Crane Venture Partners, and others. Also, in October 2021, DataRobot raised US$300 million from Series G as one of the top machine learning funding to provide predictive insights and business value to the consumer-centric market. Thus, such increasing investment in AI and ML platform is creating potential opportunity for accelerating the demand for GPU to transfer more data at faster speed, further fueling the market growth.

Market Overview

A new generation of connected intelligent services is redefining the way Middle Eastern enterprises work to manage customers' experience and their security. According to a recent Avaya survey, 40% of executives in GCC admit that their organization's customer experience is poor or average, and they are progressively aiming to adopt new technologies to improve it. The leaders of the public & private sectors recognize that they can differentiate themselves from their competitors by using technology to provide their customers with a better experience. At GCC, organizations are also working to integrate their products with smart city initiatives and initiatives for enhancing public well-being. The growing awareness regarding the benefits of automated GPU tools is anticipated to boost the GPU database market growth in the region over the forecast period. Furthermore, BFSI, energy, healthcare, government, and various verticals are adopting GPU databases as they possess an enormous amount of sensitive and secret data. Additionally, the network security industry in the Middle East & Africa is expanding because the Bring Your Own Device (BYOD) and Work from Home (WFH) scenarios are becoming prevalent due to the COVID-19 pandemic. Based on the Aruba Networks report, in 2021, 69% of the organizations in the Middle East adopted some form of BYOD. Similarly, the network security business in the region witnesses implementation difficulties because of the increasing complexity of establishing IT security infrastructure on operational technology (OT) and supervisory control and data acquisition (SCADA). The network of businesses in the region is threatened by the expansion of remote working practices due to the effects of the pandemic. Organizations are implementing countermeasures and working with security suppliers to handle the situation successfully. Hence, the expanding security practice across the region is anticipated to create lucrative opportunities for the Middle East & Africa GPU database market during the forecast period.

MEA GPU Database Market Segmentation

The MEA 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 MEA 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 MEA 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 MEA 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 South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The UAE 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.
Frequently Asked Questions about the Middle Eastern & African GPU Database Market

What is the estimated value of the Middle Eastern & African GPU Database Market?

The Middle Eastern & African GPU Database Market was estimated to be valued at $20.83 Million in 2022.

What is the growth rate of the Middle Eastern & African GPU Database Market?

The growth rate of the Middle Eastern & African GPU Database Market is 17.1%, with an estimated value of $53.75 Million by 2028.

What is the forecasted size of the Middle Eastern & African GPU Database Market?

The Middle Eastern & African GPU Database Market is estimated to be worth $53.75 Million by 2028.

Who are the key companies in the Middle Eastern & African GPU Database Market?

Key companies in the Middle Eastern & African GPU Database Market include Brytlyt, H2O.ai, Jedox and SQream Technologies.

Table of Contents

1. Introduction
1.1 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. MEA GPU Database Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. MEA 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- MEA Analysis
6.1 MEA GPU Database Market Overview
6.2 MEA GPU Database Market Revenue Forecast and Analysis

7. MEA GPU Database Market Analysis - By Component
7.1 Overview
7.2 MEA 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. MEA GPU Database Market Analysis - By Deployment
8.1 Overview
8.2 MEA 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. MEA GPU Database Market Analysis - By Application
9.1 Overview
9.2 MEA 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. MEA GPU Database Market Analysis - By Industry Vertical
10.1 Overview
10.2 MEA 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. MEA GPU Database Market - Country Analysis
11.1 Overview
11.1.1 MEA GPU Database Market Breakdown, By Country
11.1.1.1 Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.1.1.1.1 Saudi Arabia GPU Database Market Breakdown, By Component
11.1.1.1.2 Saudi Arabia GPU Database Market Breakdown, By Deployment
11.1.1.1.3 Saudi Arabia GPU Database Market Breakdown, By Application
11.1.1.1.4 Saudi Arabia GPU Database Market Breakdown, By Industry Vertical
11.1.1.2 UAE GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.1.1.2.1 UAE GPU Database Market Breakdown, By Component
11.1.1.2.2 UAE GPU Database Market Breakdown, By Deployment
11.1.1.2.3 UAE GPU Database Market Breakdown, By Application
11.1.1.2.4 UAE GPU Database Market Breakdown, By Industry Vertical
11.1.1.3 South Africa GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.1.1.3.1 South Africa GPU Database Market Breakdown, By Component
11.1.1.3.2 South Africa GPU Database Market Breakdown, By Deployment
11.1.1.3.3 South Africa GPU Database Market Breakdown, By Application
11.1.1.3.4 South Africa GPU Database Market Breakdown, By Industry Vertical
11.1.1.4 Rest of MEA GPU Database Market, Revenue and Forecast to 2028 (US$ million)
11.1.1.4.1 Rest of MEA GPU Database Market Breakdown, By Component
11.1.1.4.2 Rest of MEA GPU Database Market Breakdown, By Deployment
11.1.1.4.3 Rest of MEA GPU Database Market Breakdown, By Application
11.1.1.4.4 Rest of MEA 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. MEA GPU Database Market Revenue Forecast and Forecast to 2028 (US$ Million)
Table 2. MEA GPU Database Market, Revenue and Forecast to 2028 - By Country (US$ million)
Table 3. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 4. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 5. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 6. Saudi Arabia GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 7. UAE GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 8. UAE GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 9. UAE GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 10. UAE GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 11. South Africa GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 12. South Africa GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 13. South Africa GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 14. South Africa GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 15. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 - By Component (US$ million)
Table 16. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 - By Deployment (US$ million)
Table 17. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 18. Rest of MEA GPU Database Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ million)
Table 19. List of Abbreviation

List of Figures
Figure 1. MEA GPU Database Market Segmentation
Figure 2. MEA GPU Database Market Segmentation - By Country
Figure 3. MEA GPU Database Market Overview
Figure 4. MEA GPU Database Market, by Component
Figure 5. MEA GPU Database Market, by Country
Figure 6. MEA: PEST Analysis
Figure 7. GPU database Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Global GPU Database Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA GPU Database Market Revenue Forecast and Analysis (US$ Million)
Figure 11. MEA GPU Database Market, By Component (2021 and 2028)
Figure 12. MEA Tool: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Service: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA GPU Database Market, By Deployment (2021 and 2028)
Figure 15. MEA Cloud: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA On Premises: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA GPU Database Market, By Application (2021 and 2028)
Figure 18. MEA Fraud Detection and Prevention: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Governance Risk and Compliance (GRC): GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Customer Experience Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Predictive Maintenance: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Supply Chain Management: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MEA Threat Intelligence: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA GPU Database Market, By Industry (2021 and 2028)
Figure 26. MEA BFSI: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. MEA IT and Telecom: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. MEA Retail and E-commerce: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. MEA Healthcare: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. MEA Transportation and Logistics: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. MEA Government and Defense: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. MEA Others: GPU Database Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. MEA: GPU Database Market, by Key Country - Revenue (2021) (US$ Million)
Figure 34. MEA GPU Database Market Breakdown, By Country, 2021 & 2028 (%)
Figure 35. Saudi Arabia GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 36. UAE GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 37. South Africa GPU Database Market, Revenue and Forecast To 2028 (US$ million)
Figure 38. Rest of MEA GPU Database Market, Revenue and Forecast To 2028 (US$ million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Brytlyt
  • H2O.ai
  • Jedox
  • Nvidia Corporation
  • SQream Technologies