Graph Database Market Remarkable Growth Factors, New Innovations Of Leading Players & Forecast Till 2027

Market-Research

This professional and specialized report study examines the technical and business perspective of the graph database industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the graph database market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall graph database market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the graph database market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the graph database market. It also encompasses PESTLE analysis and SWOT analysis.

According to market research, the global graph database market in 2019 is approximately USD 810 Million and is anticipated to reach around USD 4500 Million by 2026. The anticipated CAGR for the graph database market is around 28.6% from 2020 to 2026.

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The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the graph database market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the graph database market.

The research study provides a critical assessment of the graph database industry by logically segmenting the market on the basis of product type, application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the graph database industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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All the organizations or company’s need the data in real-time and at the right place in order to meet business requirements and stay on top in this competitive and digital environment. MDM (Master data management) helps to improve performance and reduce cost in business operations through product development optimization, manufacturing, supply chain, and marketing. Thus the increasing demand for master data management solutions is driving the growth of the global graph database market. Rising focus on data monetization solutions is also fueling the market growth. However, maintaining data consistency is anticipated to be the restraining factor for the market. Whereas increasing adoption of cloud-based solutions is expected to offer new opportunities in the market.

The graph database market is segmented based on product type and application. On the basis of product type segmentation, the market is classified into a resource description framework and property graph. In terms of application segmentation, the market is bifurcated into BFSI, IT & Telecom, Healthcare & Life Sciences, Transportation & Logistics, Retail & Ecommerce, Government & Public, and Others.

Some of the major players operating in the graph database market, but not restricted to include Oracle, International Business Machines Corporation, Neo Technology, Inc., OrientDB, Franz Inc., DataStax, Sirma AI, ArangoDB GmbH, Sparsity Technologies, and Objectivity Inc., among others.

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The taxonomy of the graph database market by its scope and segmentation is as follows:

Global Graph DatabaseMarket: By Product Type Segmentation Analysis

  • Resource Description Framework
  • Property Graph

Global Graph Database Market: By Application Segmentation Analysis

  • BFSI
  • IT & Telecom
  • Healthcare & Life Sciences
  • Transportation & Logistics
  • Retail & Ecommerce
  • Government & Public
  • Others

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