Market Overview:
The global graph database market size reached US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.8 Billion by 2032, exhibiting a growth rate (CAGR) of 18.3% during 2024-2032.
Report Attribute
|
Key Statistics |
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 1.7 Billion |
Market Forecast in 2032 |
US$ 7.8 Billion |
Market Growth Rate 2024-2032 |
18.3% |
A graph database is a database wherein the data model conforms to a graph, network, or link structure. It stores data in collections of nodes and edges instead of columns and rows. It currently finds extensive applications in customer analytics, recommendation engines, master data management, identity and access management, and fraud detection and risk management worldwide.
Graph Database Market Trends:
The rising usage of graph database solutions in different industry verticals, such as retail, information technology (IT), telecommunications, manufacturing, transportation, and banking, financial services and insurance (BFSI), represents one of the key factors propelling the market growth. Moreover, these solutions are used in smart grids as they are optimized for graph data models. They are also utilized in supply chain management, data mining of social media data, and sales to determine interconnections between the online actions of a customer. Apart from this, graph database solutions are inherently flexible, and graphs can be extended with new vertices and edge types with ease. Besides this, they assist in avoiding the generation and replication of many tables, thereby reducing complexity in a database and enhancing data accessibility. In addition, they have a competitive advantage over traditional database solutions in terms of indexing, computing power, storage, and querying. This, coupled with the growing adoption of artificial intelligence (AI) based graph database tools and services around the world, is driving the market. Furthermore, healthcare systems based on graph database solutions provide a holistic and unified view of health data, which helps doctors diagnose and predict diseases quickly. This, along with the increasing reliance on cloud computing technology, is catalyzing the demand for graph database solutions across the globe.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global graph database market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, type of database, analysis type, deployment model, application and industry vertical.
Breakup by Component:
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:
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- 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:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Component, Type of Database, Analysis Type, Deployment Model, Application, Industry Vertical, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
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. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |