Graph Database Market Overview
As per recent research by MarkNtel Advisors, the global Graph Database Market size is valued at around USD 2.22 billion in 2022 & is estimated to grow at a CAGR of about 19.78% during the forecast period, i.e., 2023-28.
Graph Database Market Dynamics
Market Drivers : Booming Demand for Solutions Processing Low-latency Queries to Augment the Market Growth –
Businesses face issues when storing massive amounts of linked data in a database that has not been designed for a particular purpose. Companies are increasingly employing real-time recommendation systems built on top of a graph database that can perform low-latency queries rather than a time-consuming batch procedure built on top of a traditional relational database. It beats traditional relational databases greatly by allowing users to explicitly access earlier purchases made by clients during an online visit to match past & session data.
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Graph Database Market Segmentation Overview 2023-2028: Key Factors
By Component
-Managed Services- Market Size & Forecast 2018-2028, USD Million
-Professional Services- Market Size & Forecast 2018-2028, USD Million
-Consulting Services- Market Size & Forecast 2018-2028, USD Million
-Deployment & Integration Services- Market Size & Forecast 2018-2028, USD Million
-Support & Maintenance Services- Market Size & Forecast 2018-2028, USD Million
By Type
-Resource Description Framework- Market Size & Forecast 2018-2028, USD Million
-Labeled Property Graph- Market Size & Forecast 2018-2028, USD Million
By Deployment
-Cloud- Market Size & Forecast 2018-2028, USD Million
-On-Premises- Market Size & Forecast 2018-2028, USD Million
By Organization Size
-Large Enterprises- Market Size & Forecast 2018-2028, USD Million
-Small & Medium-Sized Enterprises- Market Size & Forecast 2018-2028, USD Million
By Application
-Customer Analytics- Market Size & Forecast 2018-2028, USD Million
-Identity & Access Management- Market Size & Forecast 2018-2028, USD Million
-Recommendation Engine- Market Size & Forecast 2018-2028, USD Million
-Master Data Management- Market Size & Forecast 2018-2028, USD Million
-Privacy & Risk Compliance- Market Size & Forecast 2018-2028, USD Million
-Fraud Detection & risk Management- Market Size & Forecast 2018-2028, USD Million
-Others- Market Size & Forecast 2018-2028, USD Million
By End Users
-BFSI- Market Size & Forecast 2018-2028, USD Million
-IT & Telecommunication- Market Size & Forecast 2018-2028, USD Million
-Retail & Ecommerce- Market Size & Forecast 2018-2028, USD Million
-Healthcare- Market Size & Forecast 2018-2028, USD Million
-Government & Public Infrastructure- Market Size & Forecast 2018-2028, USD Million
-Media & Entertainment- Market Size & Forecast 2018-2028, USD Million
-Others- Market Size & Forecast 2018-2028, USD Million
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Graph Database Market Geographical Insights:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Key Players and Competitive Strategies in the Graph Database Market
Several prominent players dominate the Graph Database Market, including:
- IBM
- Oracle
- Microsoft
- Amazon Web Services
- SAP
- NEO4J
- Mark Logic
- Tiger Graph
- Stardog
- DataStax
- Ontotext
- Openlink Software
- Others
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Questions Addressed in this Study
1.How big is the Graph Database Market Size?
2.What is the Graph Database Market Growth?
3.Who are the key players of the Graph Database Market?
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