Graph Database Market Share 2022 Size, Top Companies Overview, Industry Growth and Report 2027

 According to the latest report by IMARC Group, titled "Global Graph Database Market Share, Size, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global graph database market reached a value of US$ 1.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.78 Billion by 2027, exhibiting a CAGR of 21.60% during 2022-2027.

Graph database (GDB), also known as semantic database, stores data in collections of edges and nodes instead of rows and columns. It can analyze, scale, and handle large and complex datasets efficiently. It helps minimize the complexity in a database and enhance data accessibility by preventing the generation and duplication of various tables. Compared to traditional database solutions, it offers enhanced computing power, indexing, querying, and storage. As a result, GDB finds extensive applications in customer analytics, identity and access management, fraud detection and risk management, recommendation engines, and master data management.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Graph Database Market Trends and Drivers:

The global graph database market is primarily driven by its increasing applications across numerous industries, including banking, financial services and insurance (BFSI), information technology (IT), telecommunications, and retail.

Additionally, the escalating demand for solutions that can process low-latency queries has accelerated the product adoption rate. Besides this, the growing GDB usage in supply chain management, social media data mining, and sales to determine interconnections between consumers' online activities has augmented the product demand.

Furthermore, the rising dependence on cloud computing technology and the widespread adoption of artificial intelligence (AI)-based GDB tools and services have catalyzed the market growth. Other factors, including the surging GDB utilization in smart grids, emerging applications in healthcare, increasing penetration of connected data, and technological advancements, are also anticipated to drive the market further.

Global Graph Database Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Amazon Web Services Inc. (Amazon.com Inc.), Datastax Inc., Franz Inc., International Business Machines Corporation, Marklogic Corporation, Microsoft Corporation, Neo4j Inc., Objectivity Inc., Oracle Corporation, Stardog Union, Tibco Software Inc. and Tigergraph Inc.

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The report has segmented the market on the basis of region, component, type of database, analysis type, deployment model, application and industry vertical.

Breakup by Component:
Software
Services

Breakup by Type of Database:
Relational (SQL)
Non-Relational (NoSQL)

Breakup by Analysis Type:
Path Analysis
Connectivity Analysis
Community Analysis
Centrality Analysis

Breakup by Deployment Model:
On-premises
Cloud-based

Breakup by Application:
Fraud Detection and Risk Management
Master Data Management
Customer Analytics
Identity and Access Management
Recommendation Engine
Privacy and Risk Compliance
Others

Breakup by Industry Vertical:
BFSI
Retail and E-Commerce
IT and Telecom
Healthcare and Life Science
Government and Public Sector
Media and Entertainment
Manufacturing
Transportation and Logistics
Others

Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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