DUBLIN--(BUSINESS WIRE)--The "Graph Analytics Market by Component, Deployment Mode, Organization Size, Application (Route Optimization and Fraud Detection), Vertical (Healthcare and Life Sciences, Transportation and Logistics, and BFSI), and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The Graph Analytics Market Size is Projected to Grow from USD 584 Million in 2019 to USD 2,522 Million by 2024, at a CAGR of 34.0%.
The market study covers the graph analytics market across segments. It aims at estimating the market size and the growth potential of this market, across different segments, such as component, deployment mode, organization size, application, vertical, and region. The study further includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
The graph analytics market is driven by the growing demand to analyze low-latency queries, advancements in graph analytics by the integration of technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), and the ability of graph analytics to uncover relationships between data in real-time to drive the growth of the market. However, a lack of technical skills may hinder the growth of the graph analytics market.
Graph analytics is a set of analytics techniques that leverage graph structures to understand, codify, visualize, and explore mapping of relationships between data sets, such as organizations, people, devices, objects, or nodes, and transactions in a network. Graph analytics can uncover insights about the strength and direction of the relationship, thus helping organizations fetch critical information about their customers, products, and operations.
Graph analytics has become a mainstream technology in data management for enterprises and it has various uses cases in every vertical. The graph analytics technology offers several advantages to overcome large and complex data challenges, compared to other analytical solutions for relational databases. It helps process complex data where relational databases fail to navigate between the relationships, efficiently.
Key Benefits of Buying the Report
- The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall graph analytics market and the subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.
- The report further helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Graph Analytics Market
4.2 Market: Top 3 Applications
4.3 Market: By Region
4.4 Market in North America, By Application and Vertical
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Ability to Uncover Relationships Between Data in Real-Time to Drive the Market
5.2.1.2 Growing Demand to Analyze Low-Latency Queries
5.2.1.3 Advancements in Graph Analytics By Integration of Ai, IoT, and Blockchain to Drive the Market
5.2.2 Restraints
5.2.2.1 Lack of Standardization and Programming Ease
5.2.3 Opportunities
5.2.3.1 Growing Need to Identify Complex Patterns From the Data in Motion
5.2.3.2 Rapid use of Virtualization for Big Data Analytics
5.2.4 Challenges
5.2.4.1 Lack of Technical Skills
5.3 Use Cases
5.4 Regulatory Implications
5.4.1 General Data Protection Regulation
5.4.2 Payment Card Industry Data Security Standard
5.4.3 Health Insurance Portability and Accountability Act of 1996
5.4.4 Basel Committee on Banking Supervision 239 Compliance
5.4.5 Sarbanes-Oxley Act of 2002
6 Graph Analytics Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Software Tools
6.2.1.1 Software Tools Enable Easy Integration of Graph Analytics in the Existing Business Architecture Leading to the Growth of the Market
6.2.2 Platform
6.2.2.1 Platform to Provide a Complete Foundation for Designing Graph Analytics Solutions in Various Applications
6.3 Services
6.3.1 Consulting
6.3.1.1 Technicalities in Graph Analytics Solutions to Drive the Demand for Consulting Services
6.3.2 System Integration
6.3.2.1 Need for Seamless Deployment of Graph Analytics Solutions to Drive the Adoption of System Integration Services
6.3.3 Support and Maintenance
6.3.3.1 Growing Deployment of Graph Analytics Solutions to Drive the Demand for Support and Maintenance Services
7 Graph Analytics Market, By Deployment Mode
7.1 Introduction
7.2 Cloud
7.2.1 Cost-Effectiveness and Scalability Offered By Cloud-Based Solutions to Drive Its Adoption in the Market
7.3 On-Premises
7.3.1 Data Integrity and Security Offered By On-Premises Solutions to Drive Its Adoption in the Market
8 Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.2.1 Need to Manage Large Volumes of Data Being Generated From Multiple Business Units and Transform It Into Actionable Insights to Drive the Adoption of the Market in Large Enterprises
8.3 Small and Medium-Sized Enterprises
8.3.1 Development of Feasible Cloud-Based Graph Analytics Solutions to Drive the Adoption of the Market in Small and Medium-Sized Enterprises
9 Market, By Application
9.1 Introduction
9.2 Customer Analytics
9.2.1 Growing Need to Understand Customer Buying Behavior and Optimize Customer Engagement to Drive the Adoption of the Graph Analytics Market in the Customer Analytics Application
9.3 Risk and Compliance Management
9.3.1 Demand to Secure Customer Data and Ensure Stringent Regulatory Compliances to Drive the Adoption of Graph Analytics
9.4 Recommendation Engines
9.4.1 Increasing Need to Provide Efficient, Accurate, and Personalized Customer Services for Customer Retention and Enhanced Experiences to Drive the Adoption of Graph Analytics Solutions
9.5 Route Optimization
9.5.1 Ability of Graph Analytics to Identify the Shortest and Safest Routes to Drive Its Adoption in Route Optimization Application
9.6 Fraud Detection
9.6.1 Ability to Detect Real-Time Fraud Patterns to Drive the Adoption of Graph Analytics in Fraud Detection
9.7 Others
10 Graph Analytics Market, By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.2.1 Growing Focus to Control Frauds, Abide By Compliances, and Enable Data-Based Actionable Insights to Drive the Adoption of the Market in the Banking, Financial Services, and Insurance Vertical
10.3 Retail and Ecommerce
10.3.1 Growing Demand to Enable Real-Time Customer Behavior-Based Experience to Drive the Adoption of Graph Analytics in the Retail and Ecommerce Vertical
10.4 Telecom
10.4.1 Ability of Graph Analytics to Visualize Complex Networks to Drive Its Adoption in the Telecom Vertical
10.5 Healthcare and Life Sciences
10.5.1 Growing Demand to Control Fraud, Achieve Better Patient Experience and Offer Personalized Treatment in Real-Time to Fuel the Growth of Graph Analytics in the Healthcare and Life Sciences Vertical
10.6 Government and Public Sector
10.6.1 Growing Demand for Greater Flexibility, Enhanced Data Security, and Advanced Intelligence to Drive the Market
10.7 Manufacturing
10.7.1 Growing Need to Extend the Lifespan of Factory Equipment, Enhance Product Quality, and Reduce the Risk of Production Delays to Fuel the Growth of the Graph Analytics Application in the Manufacturing Vertical
10.8 Transportation and Logistics
10.8.1 Growing Need to Get Complete and Real-Time Visibility Into Operations for Minimizing the Risks to Drive the Adoption of Graph Analytics in the Transportation and Logistics Vertical
10.9 Others
11 Graph Analytics Market, By Region
Company Profiles
- AWS
- Cambridge Intelligence
- Cray
- Dataiku
- DataStax
- Expero
- Franz
- Graphistry
- IBM
- Kineviz
- Linkurious
- Lynx Analytics
- Microsoft
- Neo4j
- Objectivity
- Oracle
- Right-To-Win
- Teradata
- TIBCO Software
- TigerGraph
- Tom Sawyer Software
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