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Report Overview
The global graph database market reached a value of about USD 2.09 Billion in 2024. The industry is further expected to grow at a CAGR of about 23.50% in the forecast period of 2025-2034 to reach a value of around USD 17.25 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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 Report Snapshots
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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Key Questions Answered in the Report
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 23.50% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 17.25 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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