Graph Technology Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The graph technology market size has grown exponentially in recent years. It will grow from $5.26 billion in 2024 to $6.42 billion in 2025 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to rise in social network analysis, semantic web and linked data, search engines and recommendation systems, fraud detection and security, and biological and chemical research.

The graph technology market size is expected to see exponential growth in the next few years. It will grow to $14.21 billion in 2029 at a compound annual growth rate (CAGR) of 22%. The growth in the forecast period can be attributed to AI and machine learning integration, IoT and sensor data analysis, knowledge graphs for enterprise applications, graph-based supply chain optimization, and graphs for healthcare and life sciences. Major trends in the forecast period include the convergence of AI and graph technology, growth of knowledge graphs, expansion of graphs in IoT and supply chain management, the rise of graphs in healthcare and life sciences, focus on graph-based cybersecurity solutions.

The growth of the Internet of Things (IoT) is expected to drive the expansion of the graph technology market in the coming years. IoT refers to a network of interconnected devices equipped with sensors, software, and other technologies that enable data collection and exchange between devices and systems over the Internet. This surge in IoT adoption is fueled by technological advancements, emerging business opportunities, and increasing consumer demand for smart devices. Graph technology is becoming essential in IoT applications due to its ability to efficiently model and analyze complex relationships between data points. This capability enhances decision-making, improves data visibility, and boosts the functionality and efficiency of IoT systems. For example, ITSG Global, a Poland-based software development company, reported in July 2023 that global IoT spending exceeded $1 trillion in 2022, with the number of IoT devices expected to surpass 15 billion in 2023 - a 55% increase from 2020. Thus, the expanding IoT landscape is significantly contributing to the growth of the graph technology market.

Leading companies in the graph technology market are strategically investing in innovative, integrated technologies to gain a competitive advantage. An example is the development of visualization tools for tracking space objects. These tools, specialized software applications, identify, monitor, and visualize the location and behavior of space objects such as satellites and debris in Earth's orbit. In March 2022, Privateer, a US-based space sustainability and exploration-focused company, introduced Wayfinder. This proprietary knowledge graph technology maps and tracks space debris and satellites, providing an open-access, near-real-time digital catalog crucial for on-orbit services, deorbiting, refueling, and ensuring safer and more efficient operations in space.

In February 2023, International Business Machines Corporation (IBM), a US-based software technology company, completed the acquisition of StepZen Inc. for an undisclosed amount. This strategic move reinforces IBM's position in the hybrid cloud and API management market, with a specific focus on enhancing GraphQL capabilities. StepZen Inc., a US-based software development platform specializing in graph technology services, contributes to IBM's goal of unlocking business value from data and attracting developers through its unique architecture.

Major companies operating in the graph technology market are Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, Teradata Corporation, Progress Software Corporation, DataStax Inc., Neo4j Inc., TigerGraph Inc., Bitnine Global Inc., Tom Sawyer Software, Cambridge Semantics Inc., Sparsity Technologies, Stardog Union, ArangoDB Inc., OrientDB Ltd., Franz Inc., Ontotext Corp., Cray Inc., Grakn Labs Ltd., GraphAware Ltd., Blazegraph Inc., Dataiku, Linkurious SAS, GraphGrid Inc.

North America was the largest region in the graph technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the graph technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the graph technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The graph technology market includes revenues earned by entities by providing services such as graph databases as a service, graph analytics services, data integration services, deployment services, and performance optimization services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Graph technology encompasses a collection of tools and methodologies designed to enable the effective storage, retrieval, and analysis of data represented in the form of nodes and edges within a graph. This approach provides a flexible and robust means of comprehending and managing interconnected data, making it relevant and applicable across various fields and industries.

The key components in graph technology primarily comprise software and services. Software encompasses programs, applications, and instructions facilitating specific tasks for computers and devices. It involves diverse graph types such as property graphs, resource description frameworks (RDF), and hypergraphs, along with various database categories such as relational (SQL) and non-relational (no SQL). This software finds applications in diverse sectors, including fraud detection, data management and analysis, customer analysis, identity and access management, compliance and risk, among others. Industries benefiting from graph technology span banking, financial services, and insurance (BFSI), retail and e-commerce, information technology (IT) and telecommunications, healthcare and life science, government and public sector, media and entertainment, as well as supply chain and logistics.

The graph technology market research report is one of a series of new reports that provides graph technology market statistics, including graph technology industry global market size, regional shares, competitors with a graph technology market share, detailed graph technology market segments, market trends and opportunities, and any further data you may need to thrive in the graph technology industry. This graph technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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