Press release
Graph Database Market Growth | Trends, Size, Share & Forecast 2025 | Leading key players - IBM Corporation, Oracle, DataStax.
The 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.Graph Database Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.
The Graph Database Market refers to the industry focused on databases that use graph structures with nodes, edges, and properties to store and manage data. These databases are designed for handling complex relationships and connections, making them ideal for applications like social networks, fraud detection, and recommendation engines, where data relationships are as important as the data itself.
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Market opportunities and Growth Drivers:
Increasing Demand for Real-Time Insights
The growing need for real-time insights is a key driver of the graph database market, offering several strategic advantages. Unlike traditional databases, graph databases are specifically designed to analyze complex relationships within interconnected data. This capability enables organizations to gain real-time visibility into operations, customer behavior, and market dynamics. By delivering faster and more meaningful insights, graph databases empower businesses to make quicker, data-driven decisions, enhancing their agility and competitive edge.
Graph Database Market Recent Development:
In December 2023, during the re:Invent conference in Las Vegas, Amazon Web Services (AWS) introduced Amazon Neptune Analytics, a new analytics engine that merges the capabilities of vector search and graph data analysis. This innovation is designed to support applications that demand both semantic search and complex relationship queries, making it ideal for recommendation engines, fraud detection, and knowledge graphs.
In May 2023, Neo4j, a leading name in graph databases and known for setting open-source standards in the space, joined the AWS Marketplace as a seller. This strategic partnership not only expanded Neo4j's cloud footprint but also reinforced its status by holding the AWS Data and Analytics Competency, showcasing its technical proficiency and success in delivering specialized data solutions on AWS.
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.
Research Process:
Both primary and secondary data sources have been used in the global Graph Database Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Graph Database Market:
By Component: Software, Services.
By Deployment Mode: 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.
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)
People Also Ask:
Most Frequently Asked Questions in the Graph Database Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Graph Database market?
➠ Who are the top manufacturers in the global Graph Database industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Graph Database market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Graph Database market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Graph Database industry landscape?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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