Graph Database Market Size, Report & Analysis

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Global Graph Database Market Growth to be
Propelled by Surging Transformation of
Traditional to Digital Businesses by CAGR of 22
During 2023 2035 Kenneth Research published a
report titled Graph Database Market Global
Demand Analysis Opportunity Outlook 2035 which
delivers detailed overview of the global graph
database market in terms of market segmentation
by organization size, deployment mode, vertical,
application, and by region. Further, for the
in-depth analysis, the report encompasses the
industry growth indicators, restraints, supply
and demand risk, along with detailed discussion
on current and future market trends that are
associated with the growth of the market.
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The global graph database market is estimated to
grow at a CAGR of 22 over the forecast period,
i.e., 2023-2035. The market is segmented by
vertical into healthcare, retail, BFSI,
government, it telecom, manufacturing, and
others. Out of these, the BFSI segment is
anticipated to hold the largest share over the
forecast period owing to a surging investment by
banking and insurance companies to digitalize its
operations. Moreover, the organizations are able
to work properly in real time with the graph
database solutions for providing enhanced
customer experiences. The global graph database
market is estimated to witness growth over the
forecast period owing to the surging
transformation of traditional to digital
businesses. Moreover, rising adoption of
artificial intelligence is anticipated to surge
the growth of the market. For more
informations_at_https//www.kennethresearch.com/repo
rt- details/graph-database-market/10352504 Geogra
phically, the global graph database market is
segmented into five major regions including
North America, Europe, Asia Pacific, Latin
America and Middle East Africa region. Out of
them, the market in the North America region is
projected to hold the largest market share by the
end of 2035 on the back of an earlier adoption
of new technologies and fintech solutions
followed by the rising investment in the advanced
technologies such as IOT devices, and machine
learning. Moreover, the companies in the region
are continuously spending on research
development in order to have a competitive
advantage. The research is global in nature and
covers detailed analysis on the market in North
America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
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Sweden, Norway, Denmark, Poland, Turkey, Russia,
Rest of Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South
Africa, Rest of Middle East and Africa). In
addition, analysis comprising market size, Y-O-Y
growth opportunity analysis, market players
competitive study, investment opportunities,
demand for future outlook etc. has also been
covered and displayed in the research
report. Rising IOT Connected Devices to Drive
the Growth of the Market In the year 2020, the
number of IOT connected devices amounted to more
than 9 Billion around the world The company faces
a problem managing huge amounts of connected data
in database. Therefore, the company uses a real
time recommendation system that is based on a
graph database that has the capacity to process
low-latency queries. Hence, it is projected to
boost the growth of the global graph database
market. However, lack of awareness related to the
benefits of graph databases, scarcity of
technical expertise, and high maintenance cost
are expected to operate as key restraint to the
growth of global graph database market over the
forecast period. This report also provides the
existing competitive scenario of some of the key
players of the global graph database market which
includes company profiling of IBM Corporation,
Teradata Corporation, SAP SE, TIBCO Software,
Inc., Hewlett Packard Enterprise Development LP,
Franz Inc.,
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MarkLogic Corporation, Oracle Corporation,
Microsoft Corporation, Amazon Web Services,
Inc., and others. The profiling enfolds key
information of the companies which encompasses
business overview, products and services, key
financials and recent news and developments. On
the whole, the report depicts detailed overview
of the global graph database market that will
help industry consultants, equipment
manufacturers, existing players searching for
expansion opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request Report Sample_at_ https//www.kenneth
research.com/sample- request-10352504 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
U.S. Phone [phone]