Global Graph Database Market Report and Forecast 2025-2034

Global Graph Database Market Outlook

The global graph database market reached a value of about USD 2.09 billion in 2023. The industry is further expected to grow at a CAGR of about 23.5% in the forecast period of 2024-2032 to reach a value of around USD 13.94 billion by 2032.

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North America and the Asia Pacific to Significantly Aid the Growth of the Graph Database Industry

North America is expected to dominate the graph database industry during the forecast period due to the early development of the technology, well-established fintech solutions, and advancements in information technology within this region. The market growth can also be attributed to the increasing partnerships by industry players with different technology players to offer rapid analytics and data processing solutions and the early adoption of graph database tools in this region. An increasing number of manufacturing firms, the proliferation of the Internet of Things (IoT) devices, and the emergence of AI is further expected to fuel the market growth in North America. Graph database tools are likely to be in high demand throughout the forecast period due to the rapid creation of data across industry verticals and increased investments in innovative technologies such as machine learning (ML). The market is anticipated to continue to grow as various graph database suppliers increase their investments in the United States of America and Canada.

Over the forecast period, the market in the Asia Pacific is expected to expand at a robust pace. This expansion is expected to be supported by factors such as rapid economic development, digitalisation, globalisation, and increased adoption of high-performance technologies. The rising number of smaller graph database manufacturers in the region have more opportunities to deliver graph database solutions into a variety of industries. Companies operating in the Asia Pacific continue to focus on improving customer services to drive market competitiveness and revenue growth. China and Japan have displayed ample growth opportunities in the graph database industry in the Asia Pacific.

Graph Database: Market Segmentation

To represent and store data, a graph database uses graph structures with nodes, edges, and properties for semantic queries. Each node represents an entity (a person or business), and each edge represents a connection or relationship between two nodes.

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The major components of the industry can be divided into:

• Software 
• Services

On the basis of deployment model, the industry is classified into:

• On-Premises
• Cloud

Based on type of database, the industry is divided into:

• Relational (SQL)
• Non-Relational (NoSQL)

The major analysis segments of the industry are:

• Path Analysis
• Connectivity Analysis
• Community Analysis
• Centrality Analysis

The industry is categorised on the basis of applications into:

• Fraud Detection and Risk Management 
• Master Data Management 
• Customer Analytics 
• Identity and Access Management 
• Recommendation Engine 
• Privacy and Risk Compliance 
• Others

Based on organisation size, the industry is divided into:

• Large Enterprises
• Small and Medium Enterprises

The various industry verticals of the market are divided into:

• BFSI 
• Retail and E-commerce 
• IT and Telecom 
• Identity and Access Management 
• Healthcare and Life Science 
• Government and Public Sector 
• Media and Entertainment 
• Manufacturing 
• Transportation and Logistics 
• Others

The regional markets for graph database can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Real-Time Big Data Mining with Visualisation of Results Boosting the Market Growth of Graph Database

Various factors, such as the need to incorporate real-time big data mining with visualisation of results, increasing adoption for artificial intelligence (AI)-based graph database tools and services to drive market, and the growing demand for solutions that can process low-latency queries, are expected to drive the adoption of graph database solutions and services. The rise in the demand for better response time and accuracy to discover new data correlations, an increase in graph database application areas attributed to the rise in the penetration of connected data to optimise marketing performance, and the surge in the adoption of graph database software in the healthcare sector are also projected to propel the market forward.

Graph database solutions are being used by healthcare organisations and institutions to increase operational efficiency, safety, cost reduction, and patient care quality, which are driving the industry growth. Furthermore, healthcare-focused start-ups are leveraging graph database technology to cater to the unmet needs of customers, which further anticipated to propel the growth of the market. For highly connected data, graph database technology offers a number of advantages over traditional relational databases, including greater performance, increased flexibility, and simplified data modelling, which is expected to boost the graph database industry. The rising adoption of cloud-based solutions to enhance business processes is also expected to fuel the growth of the market. Over the forecast period, the growth of the industry is fuelled by the growing reliance on connected data for fraud detection across a variety of businesses, including e-commerce, banking, financial services, and insurance.

Key Industry Players in the Global Graph Database Market

The report gives a detailed analysis of the following key players in the global graph database market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Oracle Corporation
• IBM Corporation
• Amazon Web Services, Inc.
• DataStax, Inc.
• Stardog Union, Inc.
• Neo4j, Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

Graph Database Market Report Snapshots

Graph Database Market Size

Graph Database Market Growth

Graph Database Market Regional Analysis

Graph Database Companies