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Market
pgvectorscale Market Share by June 2025?
4
Resolution / Starting Odds
Less than 10% • 25%
10%-20% • 25%
20%-30% • 25%
More than 30% • 25%
Market analysis reports from recognized industry analysts (e.g., Gartner, Forrester)
Story
TimescaleDB Introduces pgvectorscale: 75% Cheaper, 28x Faster, Open-Source PostgreSQL Extension
Jun 11, 2024, 02:03 PM
TimescaleDB has introduced pgvectorscale, an open-source PostgreSQL extension that significantly enhances the performance and scalability of pgvector. This new extension makes PostgreSQL vector databases 75% cheaper and up to 28 times faster compared to Pinecone. The development is aimed at making vector search more efficient and cost-effective within PostgreSQL, where data is already stored. The 100% open-source nature of pgvectorscale ensures it is freely available to the PostgreSQL community, contributing to the broader adoption and improvement of vector databases.
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None • 25%
Significant increase • 33%
Moderate increase • 33%
No significant change • 34%
Pgvectorscale significantly better • 33%
Pgvectorscale slightly better • 33%
Pinecone remains superior • 34%
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