Press release
Graph Database Market Revenue, Statistics, Industry Growth and Demand Analysis Research Report by 2030
Global graph database market size reached USD 1.59 Billion in 2020 and is expected to register a revenue CAGR of 21.9%, during the forecast period, according to latest analysis by Emergen Research. Rising use of graph database software in healthcare industry and rising demand for robust Artificial Intelligence (AI) infrastructure are some key factors driving market growth are some key factors driving global graph database market revenue growth. Rising use of graph databases for General Data Protection Regulation (GDPR) and regulation compliances are also expected to boost revenue growth of the market to a significant extent. Graphs make it easier to control data migration and security. The databases minimize the chances of data breaches and ensures more uniformity while removing data, hence increasing trust related to private data. This is expected to boost adoption of graph databases for GDPR and regulation compliances, and in turn propel market revenue growth.The Graph Database Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Graph Database market. The report offers in-depth research and assessment of the key elements of the global Graph Database market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Graph Database market.
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Some Key Highlights from the Report
Service segment revenue is expected to expand at a significantly steady CAGR during the forecast period. Increasing implementation of graph database solutions led to increase in need for related services including, implementation, support, and consulting which is expected to drive revenue growth of this segment.
Cloud segment is expected to register significantly steady revenue growth rate over the forecast period because of rising deployment of cloud-based graph database solutions for accessing graphs and data remotely.
North America market is expected to register faster revenue CAGR than other regional markets owing to rapid growth of healthcare industry coupled with rising adoption of graph database solutions and services by healthcare organizations in countries such as the U.S, Canada, and Mexico.
In October 2021, ArangoDB announced a USD 27.8 million Series B fundraising deal led by Iris Capital, with current investors Bow Capital and Target Partners, as well as New Forge. This investment will be used by ArangoDB to boost the development of next-generation graph Machine Learning (ML), enabling advanced analytics and AI capabilities at enterprise level.
The researchers have considered all the factors influencing the growth of the Graph Database market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Graph Database market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Graph Database market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
Major Players/Manufacturers profiled in the report are:
Microsoft Corporation, Amazon Web Services, Inc., Oracle Corporation, International Business Machines Corporation, DataStax, Inc., ArangoDB GmbH, TigerGraph, Inc., Cambridge Semantics Inc., BitNine Co Ltd., and Neo4j, Inc.
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Emergen Research has segmented the global graph database market on the basis of component, deployment, graph type, organization size, analysis type, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018-2030)
Solution
Service
Deployment Outlook (Revenue, USD Billion; 2018-2030)
On-premises
Cloud
Graph Type Outlook (Revenue, USD Billion; 2018-2030)
Labeled Property Graph
Resource Description Framework (RDF)
Organization Size Outlook (Revenue, USD Billion; 2018-2030)
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Analysis Type Outlook (Revenue, USD Billion; 2018-2030)
Connectivity Analysis
Path Analysis
Centrality Analysis
Community Analysis
Application Outlook (Revenue, USD Billion; 2018-2030)
Master Data & Metadata Management
Fraud Detection & Risk Management
Customer Analytics
Recommendation Engine
Identity and Access Management
Privacy and Risk Compliance
Supply Chain Management
Infrastructure Management
Content Management
Asset Management
Human Capital Management
Scientific Data Management
Others
End-Use Outlook (Revenue, USD Billion; 2018-2030)
Telecom and IT
BFSI
Media and Entertainment
Healthcare
Retail and E-Commerce
Government
Manufacturing
Travel and Hospitality
Logistics & Transportation
Energy and Utilities
Others
The Global Graph Database Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Graph Database market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers insightful information about the market dynamics of the Graph Database market. It offers SWOT analysis, PESTEL analysis, and Porter's Five Forces analysis to present a better understanding of the Graph Database market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Graph Database market.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter's Five Forces analysis
In-depth 8 year analysis of the Global Graph Database Market
Critical assessment of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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Thank you for reading our report. To inquire about customization or any query about the report, please get in touch with us. Our team will make sure the report is best suited to your needs. Emergen Research also offers a country-wise customized report as per clients' needs.
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