Graph Database Market

Global Graph Database Market Report Overview:

According to current research by MarkNtel Advisors the Global Graph Database Market is estimated to grow at a CAGR of around 19.78% during the forecast period, i.e., 2023-28. Data at the global, regional, and sub-regional levels are included in the report to assist stakeholders in better understanding supply and demand dynamics and how they affect the sector.

Professionals in the industry have conducted a thorough analysis of the global Graph Database market report, which has been presented in a way that highlights the most important facts. The most up-to-date data on the global market is the primary emphasis of the research. It includes several significant topics, such as corporate profiles, mergers and acquisitions, financial status, and feasibility research. It offers thorough details on industry chain analysis, marketing routes, and raw material costs. Stakeholders can learn more about market viability and financial sustainability through this abundance of information available. In addition, it provides a comprehensive picture of the market dynamics by illuminating the strategic actions made by organizations, their profiles, and the entire industry value chain. 

Scope of the report:

Within the market under study, the report looks at the numerous applications, products/services, market value, and production capacity. In addition, it provides a thorough SWOT analysis, a threat and opportunity analysis, and a summary of the leading regions. Through this, stakeholders may find out more about the market potential for application, diversity of products/services, and market value. In addition, the research offers an evaluation of the opportunities, threats, weaknesses, and strengths, enabling stakeholders to comprehend the market environment and make wise decisions.

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Global Graph Database Market Challenge:

Absence of Standards & Simple Programming to Hinder the Market Growth – Graph databases, despite being part of the NoSQL database family, often face challenges when scaling across low-cost clusters & running on a single machine. This limitation can lead to rapid performance degradation over the network, hindering the expansion of the Global Graph Database Market. Furthermore, developers typically need to write queries in Java since there is no Standard Query Language (SQL) for retrieving data from graph databases. This can result in the need to hire expensive programmers or learn query languages like SparcQL, specially designed to support graph databases.

Moreover, the lack of programming simplicity & standardization within graph database systems, as well as the absence of uniformity makes it harder for developers & organizations to adopt graph databases seamlessly, thus creating a barrier to the Graph Database Market growth.

Competitive Landscape:

To provide a clear picture of the competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Graph Database market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore, discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.

  • IBM
  • Oracle
  • Microsoft
  • Amazon Web Services
  • SAP
  • NEO4J
  • MarkLogic
  • TigerGraph
  • Stardog
  • DataStax
  • HPE
  • Franz Inc.
  • Ontotext
  • Openlink Software
  • Dgraph Labs
  • Others

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By identifying the high-growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities.

Global Graph Database Market Segmentation

-By Type

  • Resource Description Framework
  • Labeled Property Graph

Resource Description Framework is presumed to be the leading type in the Global Graph Database Market during 2023-28. The Resource Description Framework (RDF) has emerged as the dominant type for representing relationships on the web, leading to an abundance of RDF data sources, which has significantly influenced its popularity & adoption among companies. As a result, RDF has become the preferred choice for many organizations, further driving the Graph Database Market growth.

Moreover, to connect with the vast amount of RDF data sources, companies need to adopt & create RDF representations within their graph databases. Since the RDF model essentially represents a cannibalized form of a graph, it inherits all the benefits associated with organizing data using graphs. Consequently, offering enhanced capabilities for managing & querying interconnected data efficiently, thus aiding in creating a positive Graph Database Market outlook.

-By Component

  • Managed Services- Market Size & Forecast 2018-2028, USD Million
  • Professional Services- 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

Graph Database Market Geographical Reach:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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Key Benefits for Stakeholders:

  • To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Graph Database market analysis from 2023-28.
  • Information on the main factors driving the market as well as the obstacles and possibilities are provided.
  • The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
  • A comprehensive examination of the Graph Database market segmentation aids in identifying the dominant market opportunities.
  • The major countries in each area are shown about the revenue they generate for the global market.
  • Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
  • The research analyzes market trends for the Graph Database industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.

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