1. What is the projected Compound Annual Growth Rate (CAGR) of the Graph Database Market?
The projected CAGR is approximately 22.6%.
Graph Database Market by Component (Software, Services), by Type (Relational (SQL), by Analysis Type (Community Analysis, Connectivity Analysis, Centrality Analysis), by Deployment (Cloud, On Premise), by Application (Identity, Access Management, Customer Analytics, Recommendation Engine), by End User (BFSI, IT & Telecommunication, Retail, Healthcare), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Graph Database Market size was valued at USD 1.9 USD billion in 2023 and is projected to reach USD 7.91 USD billion by 2032, exhibiting a CAGR of 22.6 % during the forecast period. A graph database is one form of NoSQL database that contains and represents relationships as graphs. Graph databases do not presuppose the data as relations as most contemporary relational databases do, applying nodes, edges, and properties instead. The primary types include property graphs that permit attributes on the nodes and edges and RDF triplestores that center on subject-predicate-object triplets. Some of the features include; the method's ability to traverse relationships at high rates, the schema change is easy and the method is scalable. Some of the familiar use cases are social media, recommendations, anomalies or fraud detection, and knowledge graphs where the relationships are complex and require higher comprehension. These databases are considered valuable where the future connection between the items of data is as significant as the data themselves.
Graph Database Trends
Component:
Type:
Analysis Type:
Deployment:
Application:
Significant Developments in the Graph Database Sector
The report includes:
"Graph databases are gaining popularity due to their ability to manage complex and interconnected data. The market is expected to grow significantly in the coming years, driven by increased adoption in various industries."
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 22.6% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 22.6%.
Key companies in the market include Microsoft Corporation, Amazon Web Services, Inc., Ontotext, Hewlett Packard Enterprise, Teradata Corporation, Stardog Union Inc., Objectivity Inc., MangoDB, Orient DB, Oracle Corporation, Neon4j Inc., TIBCO Software, Franz Inc., DataStax, IBM Corporation, ArangoDB, Blazegraph, Openlink Software, MarkLogic Corporation, GraphBase and TigerGraph Inc., among others..
The market segments include Component, Type, Analysis Type, Deployment, Application, End User.
The market size is estimated to be USD 1.9 USD billion as of 2022.
Increasing Adoption of Cloud-based Managed Services to Drive Market Growth.
Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.
Adverse Health Effect May Hamper Market Growth.
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The market size is provided in terms of value, measured in USD billion.
Yes, the market keyword associated with the report is "Graph Database Market," which aids in identifying and referencing the specific market segment covered.
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