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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.
Graph Database Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the global graph database market attained a value of nearly USD 2.09 billion.
The market is projected to grow at a CAGR of 23.5% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 13.94 billion by 2034.
The major drivers of the market include the growing demand for solutions that can process low-latency queries, upsurge in the penetration of connected data, rise in the need for better response time and accuracy, increasing adoption of cloud-based solutions, proliferation of Internet of Things (IoT), and investments in new technologies.
Real-time big data mining with visualisation of results and the increasing adoption of artificial intelligence (AI)-based graph database tools and services are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major components of graph database are software and services.
On-premises and cloud are the leading deployment models in the global graph database market.
The significant types of databases in the market are relational (SQL) and non-relational (NoSQL).
The major analysis segments in the market are path analysis, connectivity analysis, community analysis, and centrality analysis.
The leading applications of graph database in the market are fraud detection and risk management, master data management, customer analytics, identity and access management, recommendation engine, and privacy and risk compliance, among others.
The major organisation sizes considered in the market report are large enterprises and small and medium enterprises.
BFSI, retail and e-commerce, IT and telecom, identity and access management, healthcare and life science, government and public sector, media and entertainment, manufacturing, and transportation and logistics, among others, are the significant industry verticals in the market.
The major players in the market are Oracle Corporation, IBM Corporation, Amazon Web Services, Inc., DataStax, Inc., Stardog Union, Inc., and Neo4j, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124