About Graph Analytics
Graph analytics is also known as Graph algorithm, is a tool used to determine the strength and direction of the relationship between the object of the graph. This is basically a pairwise relationship between two objects at a time and structural characteristics of the graph as a whole. This applies an algorithm that helps the analyst to understand the relationship between graph database entries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Graph Analytics market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Graph Analytics market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Graph Analytics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft (United States), Oracle (United States), IBM (United States), AWS (United States), Neo4j (United States), Linkurious (France), Cray (United States), Teradata (United States), Lynx Analytics (Singapore), TigerGraph(United States), DataStax (United States), TIBCO Software (United States), Graphistry (United States), Objectivity (United States), Dataiku (United States) and Tom Sawyer Software (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Kineviz (United States), Franz (United States) and Expero (United States).
Segmentation Overview
AMA Research has segmented the market of Global Graph Analytics market by , Application (Risk and Compliance Management, Customer Analytics, Fraud Detection, Route Optimization, Recommendation Engines and Others (Operations Management and Asset Management)) and Region.
On the basis of geography, the market of Graph Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-premises will boost the Graph Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Large Enterprises will boost the Graph Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Banking, Financial Services, and Insurance (BFSI) will boost the Graph Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solutions {Software Tools and Platform} will boost the Graph Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Growing Demand to Analyze Low-Latency Queries and Ability to Uncover Relationships Between Data in Real-Time to Drive the Market
Challenges:
The Dearth of Skilled Professionals
Restraints:
Lack of Standardization and Programming Ease
Opportunities:
Rising Need to Identify Complex Patterns From the Data in Motion
Market Leaders and their expansionary development strategies
In February 2022, TigerGraph provider of a leading graph analytics platform, launched “Graph for All Million Dollar Challenge”, a global search for innovative ways to harness the power of graph technology and machine learning to solve real world problems.
In December 2023, Amazon Web Services (AWS) has decided to not debate this issue as it launched a new analytics database engine that combines the power of both capabilities. The general availability of the new service, named Amazon Neptune Analytics, was unveiled at the re-Invest conference in Las Vegas.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.