Global Graph Database Market 2024-2028
The graph database market is forecasted to grow by USD 11812.7 mn during 2023-2028, accelerating at a CAGR of 24.4% during the forecast period. The report on the graph database market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by open knowledge network gaining popularity, increasing demand for connected data, and enhanced data modeling capabilities in graph database.
Technavio's graph database market is segmented as below:
By End-user
By Type
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increased demand for low-latency query as one of the prime reasons driving the graph database market growth during the next few years. Also, expansion of internet of things (iot) and connected devices and growing adoption of real-time analytics in graph database will lead to sizable demand in the market.
The report on the graph database market covers the following areas:
- Graph database market sizing
- Graph database market forecast
- Graph database market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading graph database market vendors that include Amazon.com Inc., ArangoDB Inc., DataStax Inc., Dgraph, Franz Inc, InfluxData Inc., JanusGraph , Memgraph Ltd, Microsoft Corp., Neo4j Inc., Ontotext USA Inc., Oracle Corp., Redis Ltd. , Stardog Union Inc., TigerGraph, and vesoft inc. Also, the graph database market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.