Graph Database Drivers, Ongoing Trends, Challenges, Top Companies & Forecast 2023-2028

The Global Graph Database Market size is valued at around USD 2.22 billion in 2022 & is estimated to grow at a CAGR of about 19.78% during the forecast period, i.e., 2023-28.

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Global Graph Database Market Driver

Booming Demand for Solutions Processing Low-latency Queries to Augment the Market Growth –

Businesses face issues when storing massive amounts of linked data in a database that has not been designed for a particular purpose. Companies are increasingly employing real-time recommendation systems built on top of a graph database that can perform low-latency queries rather than a time-consuming batch procedure built on top of a traditional relational database. It beats traditional relational databases greatly by allowing users to explicitly access earlier purchases made by clients during an online visit to match past & session data. Hence, using a graph database could reduce latency & thus become a driving factor for the market. To achieve low latency & high throughput queries are divided into sub-queries that run continuously.

What Does Our Research Report Consist of?

MarkNtel Advisors aims to provide stakeholders with accurately curated research report. Whether global, regional, or national, we focus on expanding geographies and areas of expertise to provide a clear picture of the market. Our recently published report on the “Graph Database” is a comprehensive study of the industry, providing unbiased information and statistics. Every significant industry-related topic is covered in the study. By providing accurate data and statistics, it offers a comprehensive image and prognosis of the industry. The market analysis tracks all recent breakthroughs & developments made by current manufacturers or developers, focuses on potential end-users, and highlights any obstacles that might hinder the market’s growth.

Read Full Report: https://www.marknteladvisors.com/research-library/graph-database-market.html

Period & Statistics:

Historical Period: 2018-21

Forecast Years: 2023-28

Understanding the Competitive Landscape:

As the market is characterized by the presence of numerous competitors that provide creative & profitable solutions supporting the sector’s development, we thoroughly assess all top and emerging competitors by considering market share, gain, sales, product/service portfolio, and other important elements.

Let’s Travel to the Diverse Market Regions

Our qualified researchers & analysts use all their skills to provide a detailed picture of every region/nation, such as:

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

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What are the Significant Graph Database Segmentations?

We provide a fully-fledged assessment of each segment and its sub-segments to help our clients understand the Graph Database . To assist our valued clients, we focus on discovering the primary drivers that are and would shape the industry’s expansion. Delve into to know about the fragmentations:

 By Component

-Managed Services- Market Size & Forecast 2018-2028, USD Million

-Professional Services- Market Size & Forecast 2018-2028, USD Million

-Consulting Services- Market Size & Forecast 2018-2028, USD Million

-Deployment & Integration Services- Market Size & Forecast 2018-2028, USD Million

-Support & Maintenance Services- Market Size & Forecast 2018-2028, USD Million

By Type

-Resource Description Framework- Market Size & Forecast 2018-2028, USD Million

-Labeled Property Graph- Market Size & Forecast 2018-2028, USD Million

By Deployment

-Cloud- Market Size & Forecast 2018-2028, USD Million

-On-Premises- Market Size & Forecast 2018-2028, USD Million

By Organization Size

-Large Enterprises- Market Size & Forecast 2018-2028, USD Million

-Small & Medium-Sized Enterprises- Market Size & Forecast 2018-2028, USD Million

By Application

-Customer Analytics- Market Size & Forecast 2018-2028, USD Million

-Identity & Access Management- Market Size & Forecast 2018-2028, USD Million

-Recommendation Engine- Market Size & Forecast 2018-2028, USD Million

-Master Data Management- Market Size & Forecast 2018-2028, USD Million

-Privacy & Risk Compliance- Market Size & Forecast 2018-2028, USD Million

-Fraud Detection & risk Management- Market Size & Forecast 2018-2028, USD Million

-Others

By End Users

-BFSI- Market Size & Forecast 2018-2028, USD Million

-IT & Telecommunication- Market Size & Forecast 2018-2028, USD Million

-Retail & Ecommerce- Market Size & Forecast 2018-2028, USD Million

-Healthcare- Market Size & Forecast 2018-2028, USD Million

-Government & Public Infrastructure- Market Size & Forecast 2018-2028, USD Million

-Media & Entertainment- Market Size & Forecast 2018-2028, USD Million

-Others- Market Size & Forecast 2018-2028, USD Million

Key Questions Addressed in the Graph Database Research Report:

About us –

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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