Sep 30, 2019 (Reporthive Research via COMTEX) — Graph Database Market research reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends and demands analysis.
The software segment dominated the overall graph database market in 2018, and is expected to continue this trend during the forecast period, owing to surge in need for software, as massive volume of data is continuously generated due to which managing data using a traditional relational database infrastructure is difficult for enterprises. However, the service segment is expected to witness the highest CAGR during the forecast period, due to increase in adoption of services among end users, as they ensure effective functioning of software and platforms throughout the process.
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North America dominated the overall graph database market share in 2018, as the organizations operating in this region highly rely on data, which is driving the adoption of graph database tools and related technologies. Furthermore, the emergence of technology-based enterprises and industries has created the significant growth opportunities for the graph database vendors in this region. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period, as many Asian countries are leveraging information-intensive technologies to gain a competitive edge over other players.
Key Players Covered In This Report:
IBM
Microsoft
Oracle
AWS
Neo4j
Orientdb
Teradata and more
Surge in adoption of graph database software in the healthcare sector, increase in application areas of graph database, rise in need for better response time & accuracy to discover new data correlations, and upsurge in penetration of connected data to optimize marketing performance are the key factors that impact the growth of the graph database market. However, lack of technical expertise and high setup costs are expected to hamper the market growth. Furthermore, increase in use of virtualization for big data analytics and ongoing technological advancements in graph database technology are expected to provide lucrative opportunities for the graph database market.
Graph database is a database that uses graph structures for semantic queries with nodes, edges, and properties to represent and store data. The graph relates the data items in the store to a collection of nodes and edges; the edges representing the relationships between the nodes. It is a mainstream technology especially in data management for enterprises, which finds applications in numerous industries and sectors.
Market Segment by Applications, can be divided into
RDF
Property Graph
Market Segment by Type, covers
BFSI
Telecom and IT
Retail and eCommerce
Healthcare and Life Sciences
Manufacturing
Government and Public
Transportation and Logistics
Energy and Utilities
Others
Key Questions Answered in This Report:
How has the global Graph Database market performed so far and how will it perform in the coming years?
What are the major application segments in the global Graph Database market?
What are the key driving factors and challenges in the global Graph Database market?
What is the structure of the global Graph Database market and who are the key players?
What is the degree of competition in the global Graph Database market?
How are keywords manufactured?
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Table of Contents
Report Overview: The report overview includes studying the market scope, leading players, market segments and sub-segments, market analysis by type, application, geography, and the remaining chapters that shed light on the overview of the market.
Executive summary: The report summarizes about Graph Database market trends and shares, market size analysis by region and countries. Under market size analysis by region, analysis of market share and growth rate by region is provided.
Profiles of International Players: This section also profiles some of the major players functioning in the Global Graph Database Market, on the basis of various factors such as the company overview, revenue, product offering (s), key development (s), business strategies, Porter's five forces analysis, and SWOT analysis.
Regional Study: The regions and countries mentioned in this research study has been studied based on the market size by application, product, key players, and market forecast.
Key Players: This section of the Graph Database Market report explains about the expansion plans of the leading players, investment analysis, funding, company establishment dates, revenues of manufacturers, and the regions served.
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