Global Graph Database Market

Graph Database Market Size, Share, Growth Analysis, By Offering, By Model Type, By Analysis Type, By End Use, By Region - Industry Forecast 2025-2032

Report ID: SQMIG45C2084 | Region: Global | Published Date: December, 2024
Pages: 189 | Tables: 147 | Figures: 68

Graph Database Market News

  • In September 2024, Neo4j, a leading name in the global graph database business unveiled its new cloud-based graph database called Neo4j AuraDB. The new offering features a Gen AI console and an interactive dashboard builder to improve its real-time read capabilities.
  • In August 2024, Google Cloud announced the launch of a new graph database called Spanner Graph. The new database will allow users to scale their operations across multiple edge environments with graph, relational, search, and AI integration capabilities.
  • In October 2022, Amazon, a leading tech giant from the United States announced the launch of a new managed graph database called Amazon Neptune Serverless. The solution is capable of automatically scaling as per workload requirements of the organization or users.
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FAQs

Graph Database Market size was valued at USD 3.82 Billion in 2023 and is poised to grow from USD 4.66 Billion in 2024 to USD 18.61 Billion by 2032, growing at a CAGR of 21.9% during the forecast period (2025-2032).

Graph database providers should focus on developing a standardized structure for their offerings to maximize compatibility and adoption in the future. Launching new training programs and solutions to resolve the issue of shortage of skilled workforce will also be a major graph database market trend for companies. BFSI, IT & telecom, and retail industry verticals are projected to present lucrative opportunities for graph database providers in the long run. 'Neo4j ', 'DataStax ', 'TigerGraph ', 'Memgraph ', 'Stardog ', 'ArangoDB ', 'TerminusDB ', 'Dgraph Labs ', 'Blazegraph ', 'Graphistry ', 'Grakn.ai (Vaticle) ', 'RedisGraph ', 'AnzoGraph DB (Cambridge Semantics) ', 'OrientDB  ', 'AllegroGraph  ', 'CrateDB  ', 'FaunaDB ', 'GraphBase ', 'Linkurious ', 'Amazon Neptune '

Growing Need for Connected Data Analysis

Need for Real-time Analytics: Graph databases with their ability to handle real-time streaming data, are being used to process and analyze live data as they flow through networks. This is also expected to expand the application scope for graph database companies in the future. Use of graph database for social media analysis, recommendation engines, and IoT applications will boost market development in the long run.

North America is estimated to account for a substantial share of the global graph database market. The presence of a strong technological infrastructure and growing use of advanced data technologies are helping this region hold sway over others. Moreover, the presence of key graph database companies in this region is also expected to aid the high market share of North America. Canada and the United States are estimated to be top markets in this region over the coming years. A rising number of organizations opting for data-driven decision-making will also create new business scope for graph database providers in this region through 2031.

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Global Graph Database Market

Report ID: SQMIG45C2084

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