Global Graph Database Market Size Study by Growth and Application Analysis with Regional Forecast to 2027


Posted February 10, 2020 by prachitisharma98

Global Graph Database Market is estimated to reach a CAGR of 20.41% in terms of revenue for the period 2019-2027.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Graph Database Market 2019-2027 ”under Media & Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

According to the research, the global Graph Database Market is estimated to reach a CAGR of 20.41% in terms of revenue for the period 2019-2027.

An increase in the use of graph database in various government sectors, rising demand for graphic database, and growth in online marketing drive the overall market. Graph database technology provides unseen data connections and data relationships, exposing deep & broad customer insights. It helps to increase the sales of products & services of the companies. In the business sector, the use of graph analytics is increasing to optimize unstructured and constantly changing data. There are some market restraints like the lack of availability of a skilled workforce and the high costs of setting up a graph database. As the usage of the internet is growing, a huge amount of data gets generated. The security and storage capacity of the data is one of the challenges faced by the market. It is predicted that growing big data schemes and advancements in technology will make the market reach its projected growth.

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REGIONAL OUTLOOK
The global graph database market covers the regions of North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

Among all the regions, Asia-Pacific indicates the highest possibility for the overall growth of the graph database market. Cloud computing solutions and growing preference to form competitive judgments from connected data from the BFSI and e-commerce sectors, majorly run the expansion of the market. Also, rising demand for smart grid systems under smart city projects in developing countries such as India is expanding the market for graph database in this region. Another reason for the growth of the market in this region is increasing investment in graph database technologies by countries like India, China, and Japan. The Indian government has launched its ‘Big Data Management Policy’ to execute the data generated by various government offices.

COMPETITIVE OUTLOOK
Some outstanding competitors in the graph database market are OrientDB (Acquired by CallidusCloud), MongoDB Inc. (MDB), Franz Inc., Neo4j, Inc., Teradata Corporation (TDC), Microsoft Inc., Oracle Corporation, Objectivity Inc., DataStax, Inc., and Stardog Union Inc.

Oracle Corporation is one of the leading companies in computer technologies, offering products and services to different governmental and educational institutions. The company marked revenues of $39,506 million in the year 2019. In the same year, Oracle invested $6 billion in research & development. It also announced the launch of its self-service application in July 2019, ‘Oracle Spatial Studio,’ which creates interactive maps and executes spatial analysis on data.

Table Of Contents
1. Global Graph Database Market – Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Cloud Is The Fastest-Growing Deployment Model
2.2.2. Software Is Dominant In The Component Segment Of The Graph Database Market
2.2.3. Recommendation Engine Is Rapidly Adopting Graph Database
2.2.4. Relational (Sql) Graph Database Is The Prominent Database
2.2.5. Large Enterprises Are The Major Implementers Of Graph Database
2.2.6. Transportation & Logistics Industrial Vertical Is Fastest Growing User Of Graph Database Market

2.3. Porter’S Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Intensity Of Competitive Rivalry

2.4. Market Attractiveness Index

2.5. Vendor Scorecard

2.6. Value Chain Analysis

2.7. Market Drivers
2.7.1. Increase In The Use Of Graph Database In The Government Sector
2.7.2. Increasing Demand For Graphic Database In Data-Intensive Era
2.7.3. Rising Dependence Of Business Decisions On Data
2.7.4. Growth In Online Marketing

2.8. Market Restraints
2.8.1. Availability Of Skilled Workforce
2.8.2. Cost Of Graph Database

2.9. Market Opportunities
2.9.1. Advancement In Technology
2.9.2. Blooming Big Data Scenario

2.10. Market Challenges
2.10.1. Data Security Concerns
2.10.2. Data Storage Capacity Concerns

3. Graph Database Market Outlook - By Component
3.1. Software
3.2. Services

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Last Updated February 10, 2020