Global Graph Analytics Market


Posted August 23, 2021 by maximizegr

The Global Graph Analytics Market was valued around at less than $1 billion in the year 2019, and is projected to reach $xx billion by the year 2027, growing at a CAGR of almost 35% during the forecast period.
 
The Global Graph Analytics Market was valued around at less than $1 billion in the year 2019, and is projected to reach $xx billion by the year 2027, growing at a CAGR of almost 35% during the forecast period. The report covers the detailed analysis of the Global Graph Analytics industry with the classifications of the market on the basis of Offerings, Deployment Mode, Application, End-User Industry, and region. Analysis of past market dynamics from 2016 to 2020 is given in the report, which will help readers benchmark the past trends with current market scenarios with the key player's contribution in it.

Graph Analytics is an analytical tool, which can be used to determine the strength and direction of relationships between objects in a graph. The major focus of graph analytics is on the pair-wise relationship between two objects at a time and structural characteristics of the graph, completely. Most of the organization's leverage graph models to gain insights, which can be used in marketing or as an example for analyzing social networks.




Graph Analytics finds its applications in various domains, like clustering, searching, shortest path solution, partitioning, widest path solution, page ranking, finding connected components, among many others. For every type of graph analytics, there are various numbers of algorithms, including simple heuristics and computationally intensive algorithms, for finding perfect solutions. Therefore, depending upon the value of the solution, various algorithms can be implemented significantly.

The report has profiled around nineteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in the Asia Pacific region.
Global Graph Analytics Market Dynamics

Rise in the demand for Low Latency Queries

The increasing need for analyzing low latency queries, and the ability to determine relationships between data in the real – time environment is the basic factor that is driving the growth of the market for graph analytics tools. Moreover, integration of artificial intelligence, Internet of Things (IoT), and blockchain technologies could also be held as the factors that might help in driving the market growth for the tools, during the forecast period.

Lack of Technical Skills

It is true that graph analytics has gained high popularity in recent times, but analyzing various solutions and predicting the data for future times is quite a big task, which requires a skilled workforce for implementing algorithms and utilizing the models appropriately. Therefore, the absence of such good technological personnel, when the technology advancement is at the growing phase in each and every sector could be one of the prime reasons that could hinder the market growth for the graph analytics tools, during the forecast period.
Scope of Global Graph Analytics Market: Inquire before buying

The market is divided into 4 major segments and further into sub-segments to forecast the market size by value.
Global Graph Analytics Market, By Component

• Solutions
• Services

The Solutions Segment is expected to witness highest market share during the forecast period.

The Solutions segment is expected to grow and have dominance in the market, during the forecast period. This substantial growth of the segment could be attributed to the increased demand for analyzing low – latency queries, real-time data. Also, the rapid use of virtualization for big data analytics is various other factors that could be held responsible for driving the growth of the market for graph analytics, in this segment, during the forecast period.

Global Graph Analytics Market

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Global Graph Analytics Market, By Deployment Model

• On Premises
• Cloud Based

The Cloud Deployment Segment is expected to Witness Highest market share during the forecast period.

With the rise in the development of many advanced technologies, today, almost all Graph Analytics systems use cloud-based services for their deployment. The reason being that the cloud-based services require less physical information and hence, it becomes very easy to store and maintain the data, and get insights from the same effect. This integration, not only saves time associated with the data transfer but also provides a faster implementation of actions required in case of any data manipulations, at any time.
Global Graph Analytics Market, By Applications

• Customer Analytics
• Risk & Compliance Management
• Recommendation Engines
• Route Optimization
• Fraud Detection
• Others

Route Optimization Application Segment is expected to register a highest market share, during the forecast period.

It is expected that the Route Optimization application segment would have dominance in the market for Graph Analytics over the forecast period. This substantial growth could be attributed to the rise in need for identifying the fastest and safest route in verticals, like supply chain and logistics, transportation and retail & eCommerce.




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Global Graph Analytics Market, By Industry Vertical

• IT & Telecom
• BFSI
• Ecommerce & Retail
• Transportation & Logistics
• Manufacturing
• Healthcare & Life Sciences
• Others

Global Graph Analytics Market1
Global Graph Analytics Market, By Region

• North America
• Europe
• Asia-Pacific
• Middle East& Africa
• South America

Asia Pacific is expected to Account for the Largest Market Share during the Forecast Period.

In the year 2020, North America accounted for the highest market share for the graph analytics. But it is expected that the Asia Pacific would dominate the market for Graph Analytics over the forecast period, owing to the increased adoption of advanced technologies, like Artificial Intelligence, big data analytics, and the Internet of Things (IoT), by various companies over the region. Furthermore, it is also noticed that various companies have raised their investments in real-time analytics, which in turn could also help the region for driving the market growth, during the forecast period.

Global Graph Analytics Market2

The objective of the report is to present a comprehensive analysis of the Global Graph Analytics Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Graph Analytics Market dynamics, structure by analyzing the market segments and projects the Global Graph Analytics Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Graph Analytics Market make the report investor’s guide.
Global Graph Analytics Market Competitive Insights

Key players operating in Global Graph Analytics Market

• 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

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Categories Business
Tags global graph analytics market
Last Updated August 23, 2021