[198+ Pages Report] We at Facts & Factors have recently published a report titled “Global Graph Database Market” that encompasses the spectacle of the market in an analytical and comprehensive manner. In this research report, the global graph database market is valued to reach USD 5.2 Billion in the year 2026 from an initial value of USD 1.9 Billion in the year 2020 growing at a CAGR value of 21.7%.
Graph databases possess the unique ability to store, process, and query connections in an effective manner while other databases have the computational ability to query requests through an extensive JOIN operation. Furthermore, graph databases, store connections alongside the data in the model by accessing nodes and relationships by trans versing millions of connections per second per core. No matter the size of your database, these databases excel at querying highly-connected data and complex queries with a pattern of starting points by aggregating nodes without going outside the search parameters.
The global graph database market is expected to gain a wider market share during the advent of the forecast period owing to contributing factors such as rising demand for incorporating real-time big data mining results with visualization of results coupled with rising adoption of AI-based graph database tools and services to name a few. Additionally, the rising demand for solutions with low-latency query time coupled with the integration of blockchain and cloud computing methods will increase the footprint of the global graph database market during the advent of the forecast period. Moreover, increasing cases of multiple database querying and increased adoption of big data measures will further boost the growth of the global graph database market during the advent of the forecast period.
The global graph database market is driven by rising demand for scaling and handling naturally large data sets coupled with a rapid growth spurt arising from the digital banking sector to name a few. Flexible and suitable performance tools according to the ever-changing needs and requirements of users will further fuel the growth of the global graph database market during the advent of the forecast period. Additionally, a solid lack of standardization and programming ease measures are expected to decrease the growth of the global graph database market to some extent during the forecast period.
The global graph database market is segmented into component, type, industry vertical, application, and region.
On the basis of components, the global graph database market is divided into software and services. The segment pertaining to software is expected to witness the largest market share during the advent of the forecast period owing to analyzing sources from IoT devices, sensors, clickstreams, and social media platforms coupled with interactive dashboards as visualization measures to name a few. Based on type, the global graph database market is classified into RDF and labeled property graph. The RDF segment is expected to occupy the largest market share during the advent of the forecast period owing to rising instances and detection needs of frauds and cyberattacks to name a few. On the basis of industry vertical, the global graph database market is fragmented into banking & financial services, manufacturing, retail & e-commerce, telecom & IT, logistics, and others. The segment pertaining to banking and financial services is expected to witness the largest market share during the advent of the forecast period owing to the integration of these tools for reducing the occurrence of baking frauds coupled with identifying unsecured baking credit cards to name a few. On the basis of application, the global graph database market is branched into customer analytics, risk management & fraud detection, recommendation engines, and others. The segment pertaining to risk management & fraud detection is expected to witness the largest market share during the advent of the forecast period owing to a higher standard of adoption aimed at increasing security measures coupled with rising demand for scaling solutions to name a few.
Report Attribute |
Details |
Market Size in 2020 |
USD 1.9 Billion |
Projected Market Size in 2026 |
USD 5.2 Billion |
CAGR Growth Rate |
21.7% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Oracle Corporation, IBM Corporation, Amazon Web Services, DataStax, Ontotext, Stardog Union, Hewlett Packard Enterprises, ArangoDB, Blazegraph, Microsoft Corporation, TIBCO Software, Inc., Neo4j, Inc., GraphBase, Cambridge Semantic, TigerGraph, Inc., Dgraph Labs, and Eccenca, among others. |
Key Segments |
Types, Industry Verticals, Applications, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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North America is expected to witness the largest market share during the advent of the forecast period owing to the early adoption of the technology in the region coupled with increasing technological advancements to name a few. The presence of key market players in the region coupled with the region’s higher reliance on the data-centric applications will increase the footprint of the graph database market during the advent of the forecast period. Asia-Pacific is expected to witness the fastest growing CAGR during the advent of the forecast period owing to the rising number of firms leveraging information-intensive technology for gaining an edge over its competitors coupled with an increasing number of mergers & acquisitions to name a few.
The key market participants for the global graph database market are :
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