Graph Analytics Market Set to Skyrocket, Projected to Reach US $6.37 Billion by 2029
In a groundbreaking analysis, the Global Graph Analytics Market is poised for an impressive surge, with an anticipated valuation of nearly US $6.37 billion by the year 2029. The market is expected to witness a remarkable Compound Annual Growth Rate (CAGR) of 35% during the forecast period.
Insights into the Global Graph Analytics Industry
The comprehensive report delves into the intricate details of the Graph Analytics market, classifying it based on Offerings, Deployment Mode, Application, End-User Industry, and region. Drawing on market dynamics from 2018 to 2022, the report provides a benchmark for readers to compare past trends with current scenarios, highlighting key players’ contributions.
Graph Analytics, an analytical tool designed to determine the strength and direction of relationships between objects in a graph, is gaining widespread adoption. Organizations leverage graph models for insights applicable in marketing and social network analysis.
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Graph Analytics Market Scope:
The research report delves deeply into the analysis of trending competitors, their market growth, and dynamic patterns. It offers valuable insights into the regional and global values and demands of the market. Furthermore, it aids in comprehending the competitive landscape and market potential in terms of production demand and supply. The segmentation analysis includes crucial factors such as psychographic, demographic, geographic, and behavioral segmentation. These factors play a pivotal role in shaping marketing strategies, focused and targeted products, offers, and customer experiences. Porter’s analysis is utilized to gauge an organization’s competitive position strength, aiming to enhance profitability. Additionally, Pestle analysis is conducted to assess the validity of existing products and services in the contextual data. The SWOT analysis provides an evaluation of internal and external factors contributing to a company’s advantages, disadvantages, strengths, and weaknesses. Overall, this report offers comprehensive and informative data on the Graph Analytics market overview.
Segmentation Analysis:
by Component
• Solutions
• Services
Over the course of the forecast period, the Solutions segment is anticipated to dominate the market and continue to grow. The significant expansion of this market segment may be ascribed to the growing need for real-time data analysis and low-latency query analysis. The market for graph analytics in this segment is expected to grow during the forecast period due to a number of other factors, including the increasing use of virtualization for big data analytics.
by Deployment Type
• On Premises
• Cloud Based
Because of the proliferation of cutting-edge technologies, nearly all Graph Analytics systems are now deployed using cloud-based services. The rationale for this is that cloud-based services require less physical data, making it easier to store, manage, and extract insights from the data. This integration speeds up the implementation of necessary actions in the event that data manipulations occur at any time, in addition to saving time on data transfer.
by Application
• Customer Analytics
• Risk & Compliance Management
• Recommendation Engines
• Route Optimization
• Fraud Detection
• Others
Over the course of the forecast period, it is anticipated that the Route Optimisation application segment will dominate the Graph Analytics market. The need to find the quickest and safest routes in verticals like supply chain and logistics, transportation, and retail & eCommerce may be the reason for this significant growth.
by Vertical
• IT & Telecom
• BFSI
• Ecommerce & Retail
• Transportation & Logistics
• Manufacturing
• Healthcare & Life Sciences
• Others
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Key Players are:
• Microsoft Corporation
• IBM Corporation
• Amazon Web Services
• Oracle
• Neo4j
• TigerGraph
• DataStax
• TIBCO Software
• Lynx Analytics
• Cambridge Intelligence
• Kineviz
• Franz
• Expero
• Dataiku
• Tom Sawyer Software
• Teradata
• Linkurious
• Graphistry
• Objectivity
Regional Analysis:
The report delivers formal, functional, and vernacular regional analysis. It identifies the most impactful business areas based on the highest demand in different regions, including Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides valuable insights into distinct targets, strategies, and market values for each region.
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Key Questions Addressed in the Graph Analytics Market Report:
- What characterizes the Graph Analytics Market?
- What is the forecast period for the Graph Analytics Market?
- How does the competitive scenario look in the Graph Analytics market?
- Which region holds the largest market share in the Graph Analytics Market?
- What opportunities are available in the Graph Analytics Market?
- What factors influence the growth of the Graph Analytics market?
- Who are the key players in the Graph Analytics market?
- Which company holds the largest share in the Graph Analytics market?
- What will be the CAGR of the Graph Analytics market during the forecast period?
- What key trends are expected to emerge in the Graph Analytics market in the upcoming years?
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