The graph database market size is estimated to grow at a CAGR 20.82% rate from 2021 to 2026.

The major growth drivers of the graph database market include excellent real-time big data mining with visualizations of results, growing demand for system's capability of processing low latency queries, and the adoption of Artificial Intelligence (AI)-based graph database tools and services.Tools segment estimated to hold a larger market share. Graph database tools are becoming prevalent among data-sensitive organizations to cope with the ever-increasing volumes of data. These organizations need to manage their data efficiently and effectively to enhance their productivity and maintain business continuity.Support and maintenance segment expected to grow at the highest CAGR. Organizations that seek support and maintenance services from third-party vendors expect a high-level of customer satisfaction, along with improved and rapid support, resulting in healthier margins, improved efficiency, and an optimized workforce with low attrition. Support and maintenance services provide technical support, repair and exchange services, field maintenance, and proactive services, thereby bringing about an improved performance while also being able to reduce the overall capital expenditure and operational expenditure.North America expected to account for the largest market share. The global graph database market by region covers 5 major geographic regions, namely, North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is expected to account for the largest market size during the forecast period. The adoption of graph database solutions is expected to be the highest in North America, as compared to the other regions.
View Complete Report: https://whipsmartmi.com/report/graph-database-market
Graph Database Market report has been categorized as below
By Type
Resource Description Framework
Property Graph
By Component
Tools
Service
Managed Services
Professional Service
Consulting Service
Deployment and Integration Services
Support and Maintenance Services
By Application
Customer Analytics
Risk and Compliance Management
Recommendation Engines
Fraud Detection
Supply Chain Management
Others
By Deployment Mode
Cloud
On-Premises
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Industry Vertical
Banking, Financial Services, and Insurance
Telecom and IT
Retail and eCommerce
Healthcare and Life Sciences
Manufacturing
Government and Public Sector
Transportation and Logistics
Others
By Region
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Rest of Europe
Asia Pacific
Japan
China
India
Australia
Rest of Asia Pacific
Rest of the World
South America
Middle East and Africa
Request a Sample of this Report: @ https://whipsmartmi.com/sample/ic0187/Graph-Database-Market
Explore other reports from” Information and Communication Technology” sector @
https://whipsmartmi.com/Category/Information-and-Communication-Technology
Contact Us:
Neeraj
WhipSmart Market Intelligence
7264 Magistrate Terrace,
Mississauga,
Ontario L5W 1H8
Canada
[email protected]