Media › The Rise of Graph Database Market: A $2,143.0 million Industry Dominated by IBM Corporation (US), Oracle (US), Graphwise (Australia)| MarketsandMarkets
 
 

The Rise of Graph Database Market: A $2,143.0 million Industry Dominated by IBM Corporation (US), Oracle (US), Graphwise (Australia)| MarketsandMarkets

2025-04-18 16:45:03| Spiritual Career Counseling

Delray Beach, FL, April 11, 2025 (GLOBE NEWSWIRE) -- The Graph Database Market is estimated to grow USD 2,143.0 million by 2030 from USD 507.6 million in 2024, at a Compound Annual Growth Rate (CAGR) of 27.1 % during the forecast period , according to a new report by MarketsandMarkets. Graph databases ensure enterprise knowledge management by rebuilding complex data with interconnected nodes and relationships and providing a more straightforward way to navigate and retrieve information. It helps businesses build a comprehensive knowledge graph uniting disparate data sources and enables complex semantic search, context-aware recommendations, and data discovery. Graph databases support better decision-making, foster innovation, and improve team cooperation by mapping relationships between organizational knowledge. They are handy for large organizations, which depend on accessing and utilizing vast amounts of structured and unstructured data to be productive and competitive. Browse in-de...


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