New York, NY -- (SBWIRE) -- 02/12/2021 -- Graph Database Market

A graph database, also referred to as GDB, is a database that uses graphical representations for semiotics issues with edges, properties, and nodes for representation and storing the data. It has its applications in deep learning, consumer analytics, identity & access management, regulatory compliance, recommendation engines, supply chain management, fraud detection, and others. The market is estimated to show a considerable growth rate throughout the forecast period.

Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.

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Market Drivers

The graph database market is propelled due to the mining of real-time big data along with the envisioned results and perforation of the connected data for optimization of the market performance. Graph databases are majorly designed for the interconnected data and work best when the data is connected. The graph database market is also driving as it handles complex and constantly changing data for delivering superior experiences and instantly changing insights to its consumers. The graph database is highly reliable and is also cost-efficient to its consumers, and this is the major factor propelling the market growth.

Regional Analysis

On the basis of regional terminology, the North American region held the largest market share in terms of revenue and is estimated to witness significant market share during the forecast period. The market in the region is growing due to factors such as evolution of technologies in the FinTech sector and advancements in information automation

Further key findings from the report suggest

In November 2019, Neo4j, Inc., launched Aura, a fully managed cloud database that will run on Google cloud platform. The new development with Google cloud and developer-first approach by the company make Aura a highly demanded position in the market.

In June 2019, data.world, Inc., a US based company Graph Database & data analysis company announced its acquisition of Capsenta, Inc., a data virtualization company in order to enable businesses to securely able to access, view, relate and work with on-premises databases in the cloud.

Many data experts have estimated that nearly 70 percent of the data generated from the customers' end remains unknown and unserviceable. Analytical insights would have been quite faster if only the relations and nodes of the data could be studied in real-time. That is where the graph database helps many business verticals providing with a super simplified analytical relationship to the vast big data and help derive faster and accurate insights.

Competitive Terrain:

The global Graph Database market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Graph Database market are listed below:

IBM, TIBCO Software Inc., Oracle Corporation, Amazon Web Services, Microsoft Corporation, Neo4j, OrientDB, OpenLink Software, DataStax, Inc., and TigerGraph, among others.

Application Outlook (Revenue, USD Million; 2019-2027)

Consumer Analytics

Deep Learning

Regulatory Compliance

Recommendation Engines

Identity & Access Management

Fraud Detection

Supply Chain Management

Others

Deployment Mode Outlook (Revenue, USD Million; 2019-2027)

Cloud

On-premises

Type Outlook (Revenue, USD Million; 2019-2027)

Resource Description Framework

Property Graph

Organization Size Outlook (Revenue, USD Million; 2019-2027)

Large Enterprises

SMEs

End-Use Verticals Outlook (Revenue, USD Million; 2019-2027)

BFSI

Retail & E-Commerce

IT & Telecommunication

Transportation & Logistics

Others

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Radical Features of the Graph Database Market Report:

Valuable insights into the Graph Database market to impart an in-depth understanding of the business verticle

An 8-year forecast estimation along with an analysis of key elements of the market

Technological advancements, regulatory framework, and recent developments covered in the report

Growth analysis and projections until 2027

Statistical analysis of the key players operating in the Graph Database industry

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Graph Database Market Segmentation & Impact Analysis

Chapter 5. Graph Database Market, By Type Insights & Trends

Chapter 6. Graph Database Market, By Application Insights & Trends

Chapter 7. Graph Database Market, By End Use Insights & Trends

Chapter 8. Graph Database Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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