Uploaded on Nov 24, 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
Market Highlights
The analysis of MRFR reveals that the Global Graph Analytics Market is slated to register a CAGR of
31.6% during the review period and reach a value of USD 2,885.2 Million in 2025.
The that need for real-time analyzes of data and the convergence of the Internet of Things ( IoT),
artificial intelligence, and blockchain technologies are major factors that drive market growth. An
additional factor driving the global graph analytics market is the growing demand for the analysis
of low-latency queries. In addition, the lack of technical skills regarding graph analytics is expected
to be a challenge to this market 's growth. The rising need to identify complex patterns and the
rapid use of Big Data Analytics virtualisation are the opportunities for the graph analysis market.
Segmentation:
The Global Graph Analytics Market has been segmented based on Deployment Type, Application,
Organization Size, Vertical, Component, and Region/Country.
The global market in graph analytics was divided into solution and service by Component. The
service segment was further divided into consulting, system integration, and maintenance and
support.
The global graph analytics market was split into cloud and on-premise by Deployment Type. Most
vendors in the graph analytics market offer cloud-based maintenance solutions to make maximum
profits and effectively automate the process of maintenance of the equipment. It is expected that
the adoption of cloud-based graph analytics solutions will increase due to benefits such as easy data
maintenance, cost-effectiveness, scalability and effective management of these solutions.
The global graph analytics market was divided into small and medium-sized enterprises ( SMEs)
and large enterprise segments, based on Organization Size.
The global graph analytics market, based on Application, was divided into risk and compliance
management, customer analytics, route optimization, recommendation engines, fraud detection and
others. The segment of route optimisation is expected to be the fastest growing segment on the
market due to the increasing need to find the fastest and safest route in verticals, such as supply
chain and logistics, transport, retail and eCommerce.
Based on Vertical, the global graph analytics market has been segmented into transportation &
logistics, banking, financial services & insurance, healthcare & life sciences, government, telecom,
retail and e-commerce, manufacturing,and others.
Regional Assessment
It is estimated that the Global Graph Analytics Market will record a CAGR of 31.6 per cent over the
forecast period. Europe , Asia-Pacific, Middle East & Africa , North America, and Latin America
performed the regional study of the global graph analytics sector.
North America has the largest market share as the key players in this region have been world
leaders in technology advancement. Due to the high implementation of digital transformation, the
US leads the market in North America; and the use of modern technologies such as big data and
analytics, and the country's high adoption of cloud-based technologies.
Due to the high need for real-time data analysis between companies across verticals, Europe is
expected to be the second-largest market during the review period. During the forecast period Asia-
Pacific is expected to be the fastest-growing market on the global graph analytics market. The
increasing demand for analysis of low-latency queries is the key driver for market growth in the
Asia-Pacific region.
Key Players
The Key Players in the Global Graph Analytics Market are Linkurious (France), Objectivity (UK),
Neo4j (US), Graphistry (US), Dataiku (US), TIBCO Software (US), Teradata (US), Microsoft
Corporation (US), Lynx Analytics (Singapore), IBM Corporation (US), AWS (US), Cray, Inc. (US),
TigerGraph (US), DataStax (US), and Oracle Corporation (US).
The other players in the global graph analytics market include Kineviz (US), Franz (US), Tom
Sawyer Software (US), and Expero (UK).
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