Graph Database Market by Type (RDF and Property Graph), Application (Risk Management & Fraud Detection, Customer Analytics, Recommendation Engines), Component (Tools and Services), Deployment Type, Industry Vertical, and Region - Global Forecast to 2023

Published: June 2018
No. of Pages: 165
Single User License: US $ 5650
Corporate User License: US $ 8150

Increasing need for better response time and accuracy to discover new data correlations is the key growth driver for the graph database market

The graph database market size is expected to grow from USD 821.8 million in 2018 to USD 2,409.1 million by 2023, at a Compound Annual Growth Rate (CAGR) of 24.0% during the forecast period. Some of the key drivers for the graph database market include enterprises’ increasing demand to have better response time and accuracy to discover new data corelations, and the advent of AI-enhanced graph database software and services.

However, lack of technical expertise and high setup costs associated with graph dataabases are restraining the growth of graph database market.

Risk Management and Fraud Detection is estimated to hold the largest market size in 2018 in the graph database market.

Fraud detection applications, through their real-time, near-real-time, and batch analysis of users’ activities, assist companies in safeguarding their customers and enterprise information, assets, accounts, and transactions. To address frauds and the related risks, enterprises use Transaction Monitoring Systems (TMS) that are based on relational databases. However, due to TMS' linear and discrete analysis approach, they usually help in spotting trends and incidents post their occurrence on a limited basis. This is where graph database tools and services really add value and enhance the entire risk and fraud management process. Moreover, these tools and services add an additional security layer to its architecture. Graph database tools assist in identifying individual data points and the links between them. Furthermore, these tools enable the rapid extraction of new insights from large and complex databases to help reveal unknown interactions and relationships, quickening the entire process of execution.

Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period in the graph database market by region

APAC is expected to grow at the highest CAGR and estimated to have an immense potential for the growth of the graph database market in the coming years. Many Asian countries, including Singapore and China, are leveraging information-intensive technologies to gain a competitive edge over other players. They are digitizing rapidly and promoting the emerging technologies, such as mobility, IoT, cloud, BI, and analytics. This trend provides significant opportunities to grow for vendors of graph database tools and services in this region. The rapid digitization has resulted in the production of large volumes of unstructured data. The region has shown an unexplored potential for the adoption of data security solutions, which can be attributed to the evolving regulations that are encouraging many multinational operators to enter the graph database market for business expansion.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The break-up of the profile of the primary participants is as follows:

  • By Company: Tier 1 – 15 %, Tier 2 –32%, and Tier 3 –53%
  • By Designation: C level – 38%, Director level – 30%, and Others – 32%
  • By Region: North America – 20%, Europe – 38%, APAC – 32%, and RoW – 10%

The graph database market comprises following major vendors:

  • IBM (US)
  • Microsoft(US)
  • Oracle(US)
  • AWS(US)
  • Neo4j(US)
  • Orient DB (UK)
  • TIBCO Software(US)
  • Franz(US)
  • Teradata Corporation(US)
  • MongoDB(US)
  • OpenLink Software(US)
  • MarkLogic(US)
  • TigerGraph(US)
  • DataStax(US)
  • Ontotext (Bulgaria)
  • Stardog(US)
  • Cray(US)
  • ArangoDB (Germany)
  • Sparcity Technologies (Spain)
  • Memgraph(UK)
  • Bitnine (Korea)
  • Objectivity(US)
  • Cambridge Semantics(US)
  • Fluree(US)
  • Blazegraph (US)

Research Report

The report segments the graph database market by application(customer analytics, risk management and fraud detection, recommendation engines, and others), type (RDF and property graph), components (tools and services), deployment models(on-premises and on-demand), organization sizes (large enterprises and SMEs),verticals (BFSI, telecom and IT, retail and eCommerce, healthcare and life sciences, manufacturing, government and public, transportation and logistics, energy and utilities, and others), and regions (North America, Europe, APAC, MEA, and Latin America).

Reasons to Buy the Report

  • To get a comprehensive overview of the global graph database market
  • To gain wide-range of information about the top players in this market, their product portfolios, and the key strategies adopted
  • To gain insights into the major countries/regions, in which the market is growing across verticals

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1844

Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:


  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest:

We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy