Graph Database Market

Top Graph Database Companies - Oracle Corporation (US) and Ontotext (Bulgaria) | MarketsandMarkets

The global graph database market size to grow from USD 2.9 billion in 2023 to USD 7.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.2% during the forecast period. Graph databases can assist in managing and ensuring compliance with data governance regulations.

Top Graph Database Companies include

  • Oracle Corporation (US)
  • Microsoft Corporation (US)
  • Ontotext (Bulgaria)
  • DataStax (US)
  • SAP SE (Germany) and many more....

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These graph database vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global graph database market.

As per AWS, Graph databases are designed specifically to record and navigate relationships. Relationships are first-class citizens in graph databases, and they account for the majority of the value of graph databases. Graph databases hold data entities in nodes and relationships between entities in edges. An edge always has a start node, an end node, a type, and a direction, and it can indicate parent-child connections, actions, ownership, and other such things. There is no restriction on the number or type of relationships that a node can have.

Microsoft creates software, services, devices, and solutions to compete in the intelligent cloud and intelligent edge. Microsoft's increased expenditures in mixed-reality cloud help its clients to digitalize their business processes. Cloud-based solutions that provide customers with software, platforms, and content are among the company's products. Operating systems (OS), cross-device productivity apps, server applications, business solution applications, desktop and server management tools, software development tools, and video games are among its product offerings. Microsoft's platforms and solutions help boost small business productivity, large corporate competitiveness, and government efficiency. To improve its service offerings, it focuses on investing in data centres and other hybrid and edge infrastructure. Microsoft is divided into three business units: productivity and business processes, intelligent cloud computing, and more personal computing. Dynamics business solutions for productivity and business operations include Dynamics 365, a suite of cloud-based ERP and CRM software, Dynamics ERP on-premises, and Dynamics CRM on-premises.

Oracle was founded in 1977 and is headquartered in California, United States. The company is a global leader in providing a wide range of products, solutions, and services geared to fulfil the needs of corporate IT environments, including platforms, applications, and infrastructure. Customers of Oracle include small and large organisations, government agencies, educational institutions, and resellers. The corporation offers its products and services both directly and indirectly through a global sales force and the Oracle Partner Network. It is a company that develops, manufactures, and sells hardware systems, databases, middleware software, and application software. It offers SaaS solutions that include upcoming technologies such as IoT, AI, ML, and blockchain. It works in more than 175 countries through three business segments: cloud and licence, hardware, and services. Graph databases that are part of Oracle's convergent database offering eliminate the requirement to set up and move data to a separate database.

Ontotext is a prominent player in the Graph Database Market, renowned for its advanced semantic technology and graph database solutions. The company's flagship product, GraphDB, enables enterprises to integrate, manage, and analyze complex data relationships efficiently. Ontotext leverages its expertise in semantic graph databases to deliver robust solutions for knowledge management, data integration, and analytics across various industries, including publishing, healthcare, and financial services. By providing scalable and high-performance graph database technology, Ontotext empowers organizations to uncover hidden insights, enhance decision-making, and drive innovation through interconnected data.

DataStax is a leading company in the Graph Database Market, known for its powerful, scalable database solutions that integrate graph, NoSQL, and real-time data capabilities. Their primary offering, DataStax Enterprise, includes the advanced graph database technology, DataStax Graph, which is built on Apache Cassandra. This enables organizations to manage complex data relationships and perform sophisticated analytics with high performance and reliability. DataStax serves a diverse range of industries, including finance, healthcare, retail, and telecommunications, helping businesses derive actionable insights, enhance operational efficiencies, and drive innovation through robust graph data management and analytics solutions.

SAP SE is a prominent player in the Graph Database Market, offering advanced solutions through its SAP HANA platform, which includes native graph data processing capabilities. SAP HANA enables organizations to model and analyze complex relationships within their data, providing powerful tools for real-time analytics and insights. This allows businesses to address various use cases such as fraud detection, network analysis, and recommendation systems. SAP's graph database solutions are integrated into its broader suite of enterprise applications, helping clients across industries like finance, manufacturing, and logistics optimize their operations and decision-making processes through enhanced data connectivity and intelligence.

Related Reports:

Graph Database Market by Model Type (RDF, LPG, Hypergraph), Offering (Solutions, Services), Analysis Type (Community Analysis, Connectivity Analysis, Centrality Analysis, Path Analysis), Vertical, and Region - Global Forecast to 2028

Graph Database Market Size,  Share & Growth Report
Report Code
TC 6341
RI Published ON
8/28/2023
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