Graph Analytics Market 2020 to 2027 – Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts
Market Synopsis
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 2027.
Market Highlights
The that need for
real-time analyses of data and the convergence of the Internet of Things (
IoT), artificial intelligence, and block chain 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.
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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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Table
of Contents
1
Executive Summary
2
Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3
Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…
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