The Graph Database Market size was valued at US$ 2.25 billion in 2022 and is expected to reach US$ 11.55 billion in 2030 with a growing CAGR of 22.7% over the forecast period 2023-2030.
The graph database market has been experiencing a surge in growth driven by the increasing need for managing complex and interconnected data structures. Unlike traditional relational databases, graph databases excel in handling relationships between data points, making them ideal for applications such as social networks, recommendation engines, and fraud detection systems. This unique capability has propelled the adoption of graph databases across various industries, including finance, healthcare, and e-commerce.
One of the key factors fueling the growth of the graph database market is the proliferation of connected data generated by IoT devices, social media platforms, and other sources. As organizations strive to extract meaningful insights from this vast and interconnected data landscape, they are turning to graph databases to model and query relationships effectively. This trend is driving innovation in the graph database market, with vendors continuously enhancing their offerings to meet the evolving needs of businesses grappling with complex data challenges.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Graph Database industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Graph Database market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Oracle Corporation, Ontotext, Orient DB, Hewlett Packard Enterprise, Microsoft Corporation, Teradata Corporation, Stardog Union Inc., Amazon Web Services, Inc., Objectivity Inc., MangoDB, TIBCO Software, Franz Inc., TigerGraph Inc., DataStax, IBM Corporation, Blazegraph, Openlink Software, MarkLogic Corporation, GraphBase, Neon4j Inc., ArangoDB.
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Graph Database market.
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It has segmented the global Graph Database market
By Component
- Software
- Services
By Deployment
- Cloud
- On-Premise
By Type
- Relational (SQL)
- Non-Relational (NoSQL)
By Application
- Identity and Access Management
- Customer Analytics
- Recommendation Engine
- Master Data Management
- Privacy and Risk Compliance
- Fraud Detection and Risk Management
- Others
By Analysis Type
- Community Analysis
- Connectivity Analysis
- Centrality Analysis
- Path Analysis
By End User
- Banking, Financial Services and Insurance (BFSI)
- IT & Telecommunication
- Retail
- Healthcare
- Life Science
- Media & Entertainment
- Government
- Others
Key Reasons to Purchase this Report:
A comprehensive study of market size, share and dynamics is a global Graph Database 'market research report and a thorough survey of developments in the field.
It offers an in-depth overview of revenue growth and an analysis of the total business benefits.
In addition to the strategic landscape for commodity pricing and marketing, the Graph Database ' industry research also provides key players.
This is a new post covering the latest impact on the target market. The research report addresses the rapidly evolving market climate as well as the initial and future impact assessment
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The global Graph Database Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the graph database market include Oracle, International Business Machines Corporation, Neo Technology Inc., OrientDB , Franz Inc.(AllegroGraph), DataStax Ontotext AD, ArangoDB GmbH, Sparsity Technologies, Objectivity Inc.( InfiniteGraph)., Xinjiang Zhongtai Chemical Co. Ltd.S.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Graph Database Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/graph-database-market/download-sampleMarket DynamicsThe growing business applications with connected data and increasing demand for systems capable of processing low latency queries worldwide are the primary factors driving the graph database market.
The expanding enterprise data volumes coupled with emergent significance to create insight from existing data, contributing to the graph database market's growth.
Also, the rising focus on data monetization solutions and high demand for master data management solutions are positively impacting the growth of the graph database market.
