Growing use of graph database for GDPR and regulatory compliance
VANCOUVER, BC, CANADA, Feb. 6, 2022 /EINPresswire.com/ — According to the latest analysis from Emergen Research, the global graph database market with the current global graph database market size reached 1.59 billion USD in 2020 and is expected to register a revenue CAGR of 21.9%, over the forecast period, the increasing use of graph database software in the healthcare sector and the growing demand for infrastructure Artificial intelligence (AI) tools are key factors driving the growth of the market are key factors driving the revenue growth of the global graph database market.
The growing use of graph databases for General Data Protection Regulation (GDPR) and regulatory compliance is also expected to significantly boost the market revenue growth. Charts make it easier to control data migration and security. Databases minimize the risk of data breaches and ensure greater consistency when deleting data, thereby increasing trust in private data. This is expected to boost the adoption of graph databases for GDPR and regulatory compliance, and in turn propel the market revenue growth.
The report offers a comprehensive overview of the market along with details on market size, market share, revenue growth, and major companies. The report covers all the crucial and essential information related to the global Graph Database Market to help readers, investors, and clients to gain thorough understanding of the market and invest accordingly. Various advanced statistical tools like SWOT analysis or Porter’s five forces are used in the report.
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The main objective of the report is to offer market overview, product scope, growth prospects and risks. The report also offers detailed information about each player in the global Graph Database market along with their global position, financial status, product launch, business expansion plans, among others. Market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies Featured in the Global Graph Database Market:
Microsoft Corporation, Amazon Web Services, Inc., Oracle Corporation, International Business Machines Corporation, DataStax, Inc., ArangoDB GmbH, TigerGraph, Inc., Cambridge Semantics Inc., BitNine Co Ltd. and Neo4j, Inc.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region and presence. of key players in the region.
Service segment revenue is expected to grow at a very stable CAGR during the forecast period. The growing implementation of graph database solutions has led to an increase in the need for related services including implementation, support, and consulting, which is expected to drive the revenue growth of this segment.
The cloud segment is expected to register a steady and significant revenue growth rate over the forecast period owing to the increasing deployment of cloud-based chart database solutions to access charts and data remotely.
The North America market is expected to register a faster revenue CAGR than other regional markets owing to the rapid growth of the healthcare industry coupled with the increasing adoption of graph database solutions and services by healthcare organizations in countries such as the United States, Canada and Mexico.
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Components Outlook (Revenue, USD Billion; 2018-2030)
Deployment Outlook (Revenue, USD Billion; 2018-2030)
On the site
Chart Type Outlook (Revenue, USD Billion; 2018-2030)
Labeled property graph
Resource Description Framework (RDF)
Organization Size Outlook (Revenue, USD Billion; 2018-2030)
Small and medium-sized enterprises (SMEs)
Analysis Type Outlook (Revenue, USD Billion; 2018-2030)
Application Outlook (Revenue, USD Billion; 2018-2030)
Master data and metadata management
Fraud detection and risk management
Identity and access management
Privacy and Risk Compliance
Supply chain management
Human capital management
Scientific data management
End-Use Outlook (Revenue, USD Billion; 2018-2030)
Telecom and IT
Media and entertainment
Retail and e-commerce
travel and hospitality
Logistics & Transportation
Energy and Utilities
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
The regional segmentation includes current and forecast estimation of the market in key geographical regions such as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
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Key Features of the Graph Database Market report:
The report provides details about key drivers, restraints, opportunities, challenges, growth prospects, limitations and threats.
The report contains details of key companies, product portfolio along with specifications, production valuation and market shares.
Assessment of key current and emerging market trends and growth prospects
It also offers research-based estimations for the eight-year forecast period, mainly to estimate the potential growth of the market.
Brief overview of the industry as it relates to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands and current market scenario
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