Graph Database Market is Estimated to Achieve USD 12.8 Billion by 2031, Growing at a CAGR of 12.8% Over the Forecast Period | Amazon Web Services, Inc., Cloud Software Group, Inc., Hewlett Packard Enterprise Development LP

Global Graph Database Market reached US$ 2.9 billion in 2023 and is expected to reach US$ 12.8 billion by 2031, growing with a CAGR of 20.2% during the forecast period 2024-2031.

The Graph database market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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A graph database is a type of database designed to store and manage data in the form of nodes (entities) and edges (relationships). Unlike traditional relational databases, which organize data in tables, graph databases focus on the relationships between data points, making them ideal for handling complex, interconnected data.

Graph databases are particularly useful for applications involving social networks, recommendation systems, fraud detection, and network analysis, as they allow for efficient querying of relationships between entities. Popular examples include Neo4j and Amazon Neptune.

Forecast Growth Projected:

The Global Graph database Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Graph database Market:

Amazon Web Services, Inc., Cloud Software Group, Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Oracle, DataStax, SYSTAP, LLC DBA Blazegraph, ArangoDB, Teradata Corporation and Microsoft.

Industry Development:

In December 2023, at the re:Invent conference in Las Vegas, Amazon Web Services (AWS) launched Amazon Neptune Analytics, an advanced analytics engine that integrates the power of both vector search and graph data.

In May 2023, Neo4j, a leader in the graph database space known for setting open-source standards, joined the AWS Marketplace as a seller. This partnership further enhances Neo4j's market presence, as it also holds the AWS Data and Analytics Competency.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Graph database Market:

By Component: Software, Services

By Deployment Model: Cloud, On-Premises

By Analysis: Community Analysis, Connectivity Analysis, Centrality Analysis, Path Analysis

By Type: RDF, Labeled Property Graph, Hypergraphs

By Vertical: BFSI, Retail and E-commerce, Telecom and IT, Healthcare, Pharmaceuticals, and Life Sciences, Government and Public Sector, Manufacturing and Automotive, Media and Entertainment, Energy and Utilities, Travel and Hospitality, Transportation and Logistics, Others

By Application: Customer Analytics, Risk, Compliance, and Reporting Management, Recommendation Engines, Fraud Detection and Prevention, Supply Chain Management, Operations Management and Asset Management, Infrastructure Management, IoT, Industry 4.0, Knowledge Management, Content Management, Data Extraction, and Search, Metadata and Master Data Management, Scientific Data Management, Others

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Graph database Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Graph database market?

➠ Who are the global key manufacturers of the Graph database Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Graph database market opportunities and threats faced by the vendors in the global Graph database Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Graph database market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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