Graph Database Market 2021-2028: Analysed by Business Growth, Development Factors and Future Trends

The comprehensive Graph Database market report provides accurate and thorough information about prospective and existing customers, the competition, and the industry in general as it is the foundation of all successful business ventures. An absolute market data and insights allows business owners to determine the feasibility of a business before committing substantial resources to the venture. Market research report contains relevant data to help solve marketing challenges that a business will most likely face which is an integral part of the business planning process. With the Graph Database market document, outperform competitors using accurate up-to-date demand-side dynamics information.

Graph Database market report offers marketing and business managers a platform to obtain critical information about their consumers so that existing customers can be retained and new ones can be got onboard. The market report helps in understanding customer inclination towards purchasing products. It also provides the details such as whether the customers will spend a certain amount of money for their products, inclination levels among customers about upcoming features or products, what are their thoughts about the competitor products etc. Data gathered using Graph Database market report is instrumental in making major changes in the business which reduces the degree of risks involved in taking important business decisions.

Global graph database market is expected register a 24.2% CAGR in the forecast period of 2019-2026. Growing adoption and need in identifying the complex patterns along with the rapid use of virtualization for Big Data analytics are expected grow global graph database market

Market Definition: Global Graph Database Market

Graph database is an online database management system. It is a part of NoSQL databases which is mainly created to address the limitations of existing relational databases. It consists of nodes and edges. It utilizes the graph theory for storing, mapping  and querying relationship. These database are widely used for solving critical business solutions such as supply chain management problem, customer relationship among others.

Market Drivers:

Growing   real-time big data mining with effect of visualization is expected to drive the growth of the market
Growing  demand of system  that  has capability to process low-latency queries is expected to drive the growth of the market
Increasing demand of AI-based graph database tools and services is also expected to boost the growth of the market
Technological advancements in the graph databases software and prevailing demand from the healthcare industry for enhanced accuracy is another factor uplifting the market growth

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Market Restraints:

Lack of awareness among  consumers is expected to restrict the growth of the market
Dearth of standardization and programming ease is another factor which hamper the market growth
Scarcity of technical experts along with high initial expenditure also acts as  market restraint

Segmentation: Global Graph Database Market

By Type

Resource Description Framework
Property Graph

By Application

Recommendation Engines
Fraud Detection
Customer Analytics
Risk and Compliance Management

By Organization Size

Small and Medium-Sized Enterprises
Large Enterprises

By Industry Vertical

Banking, Financial Services, and Insurance
Retail and e-commerce
Transportation and Logistics
Government and Public Sector
Manufacturing
Telecom and IT
Healthcare and Life Sciences
Others

By Deployment Mode

Cloud
On-Premises

By Component

Tools
Services

By Geography

North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa

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Key Developments in the Market:

In October 2019, TigerGraph had launched graph database named as TigerGraph cloud aservices which will further help the users to configure and manage their own database. It features pattern matching and data processing functions along with SQL like querying in making predictions and performing real time transactions. This will in turn help the business to minimize the administrative cost and enhancing the user’s performance
In April 2019, Neo4j and Google had entered in to strategic partnership. The purpose of this partnership is to integrate Neo4j graph database with google cloud further delivering the cloud-based graph database leveraging the connected data for maximum impact. This will further create innovation by providing best possible outcomes to its respective customers

Competitive Analysis

Global graph database market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of graph database market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors

Few of the major competitors currently working in global  graph database market are Oracle, IBM, Microsoft, Amazon Web Services, Inc., Neo4j, Inc., TIBCO Software Inc., Franz Inc, OpenLink Software,  TigerGraph, MarkLogic Corporation, Cray Inc, DataStax, Inc, Stardog Union, Ontotext, Bitnine Co, Ltd., Cambridge Semantics, ArangoDB, Kompass (UK) Ltd, Sparsity Technologies, Objectivity Inc., Teradata, MongoDB, Inc., among others.

The Graph Database market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Graph Database market.

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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Graph Database market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Graph Database market. These factors have benefited the growth of the global market for Graph Database. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

Reasons to Purchase this Report:

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 06: MARKET SIZING

Market definition
Market sizing 2021
Market size and forecast

PART 07: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

Global Graph Database market by product
Comparison by product
Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Global Graph Database market by distribution channel
Comparison by distribution channel
Global Graph Database market by offline distribution channel
Global Graph Database market by online distribution channel
Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

Global Graph Database market by end-user
Comparison by end-user

PART 12: REGIONAL LANDSCAPE

Global licensed Graph Database market by geography
Regional comparison
Licensed Graph Database market in Americas
Licensed Graph Database market in EMEA
Licensed Graph Database market in APAC
Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 17: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

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