Uploaded on Oct 5, 2020
Global Graph Analytics Market is expected to register a CAGR of 31.6% during the forecast period and reach a value of USD 2,885.2 Million in 2025
Graph Analytics Market Growth
Market Highlights
The data experts at Market Research Future Reports have carried out thorough research on the
global graph analytics market. As per the study conducted by the team, the global graph analytics
market is estimated to value approximately USD 2,885.2 million, recording a CAGR of 31.6% by the
end of the forecast period. The increasing demand for analyzing the data is the most substantial
demand driving the global graph analytics market 2020. Furthermore, the actuating usage of IoT,
growing deployment of AI, and the blockchain technologies are the most substantial factors
augmenting the market. Besides, the increasing demand to identify complex patterns and the quick
usage of virtualization for big data analytics are estimated to be lucrative opportunities. The market
is estimated to expand owing to the increasing demand from various sectors such as BFSI and IT
and telecommunications. In addition, the increasing demand to evaluate low-latency queries is
likely to additionally propel the market. However, the scarcity of technical expertise is estimated to
hamper the growth of the market. On the other hand, the market dynamics are estimated to be
affected significantly due to the outbreak of COVID-19. The daily operations in various regions were
put to a halt which immensely affected the manufacturing cycle of the product. We will provide
COVID-19 impact analysis report.
Segmentation:
The worldwide graph analytics market growth can be classified on the basis of component,
organization size, deployment, application, vertical, and region.
Based on component, the worldwide graph analytics market can be classified into solution and
service.
Based on organization size, the worldwide graph analytics market can be classified into mall- and
medium-sized enterprise (SME) and large enterprise segments.
Based on deployment, the worldwide graph analytics market can be classified into the cloud and
on-premise.
Based on application, the worldwide graph analytics market can be classified into risk and
compliance management, customer analytics, recommendation engines, fraud detection, route
optimization, and others.
Based on vertical, the worldwide graph analytics market can be classified into transportation &
logistics, banking, financial services & insurance, healthcare & life sciences, government, telecom,
manufacturing, retail and e-commerce, and others.
Based on region, the worldwide graph analytics market can be classified into North America,
Europe, Asia-Pacific, the Middle East & Africa, and South America.
Regional Analysis
A thorough analysis of North America, Europe, Asia-Pacific, the Middle East & Africa, and South
America has been carried out. As per the evaluation, the global market is estimated to record a
CAGR of 31.6% during the assessment period. According to the study, North America is speculated
to capture the largest market share during the assessment period. Among all nations in North
America, the US is estimated to make the most significant contribution in expanding the market.
The usage of developed technologies such as big data and analytics, adoption of cloud-based
technologies is estimated to make the most significant contribution in expanding the regional
market.
On the other hand, Europe is estimated to take the second position during the review period.
However, the APAC region is predicted to be the fastest-growing market in the global graph
analytics market during the review period. The increasing demand for analyzing low-latency
queries is estimated to be the most crucial factor of expansion during the assessment period.
Key Players
The global players of the market are Graphistry (US), Linkurious (France), Objectivity (UK), Neo4j
(US), Dataiku (US), Teradata (US), Lynx Analytics (Singapore), TIBCO Software (US), Microsoft
Corporation (US), AWS (US), IBM Corporation (US), TigerGraph (US), DataStax (US), Cray, Inc. (US),
Oracle Corporation (US), and a few others.
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