25 Sep
2019
With the running stride of time, several innovations have taken place in data science. and graph database has now come up as a new innovative way for analyzing data.
For real-time big data analytical queries, graph data appears to be nothing but a boon. The fact that they have high potential for doling up high performance in any data query has increased their importance to a significant extent. We all know that a graph is presented as an index data structure and it doesn’t need to load any inappropriate data for a given query. So, quite naturally, they appear to be an excellent solution for any queries related to big data.
While serving a query, graph databases tend to offer a pliable online evolvement and one can constantly put in and plop new apex or edge types or their traits to spread or pare down the data model. Most of the existing queries are still working! And, with graph database on board, it’s actually pretty expedient to manage explosive and constantly evolving object types. On the other hand, the relational database can never tweak this requirement so easily.
At the same time, Graph databases happen to crack or fix problems for both practical and impractical relational queries. For instances, we can mention about iterative algorithms, data mining algorithms and machine learning algorithms. Also, a number of researches have been conducted and it’s revealed that graph is quite suitable for any kind of algorithm to be written on it. However, you may find few query languages in the market that come with inadequate animated power, though. Thus, it’s always suggested that you put forward adequate hypothetical questions to check if it can answer them before you seal in.
According to Allied Market Research, the global graph database market is expected to grow at a significant CAGR from 2019–2026. Rise in application areas of graph database has led to Increase in implementation of the software in a number of sectors which, in turn, has worked as the major driving factor for the growth of the market. Also, surge in need for enhanced accuracy to turn up new data connections, and upsurge in infiltration of connected data to improve marketing performance are another two factors propelling the growth of the market in more than one way. On the other hand, dearth of technical expertise and high costs for setup are projected to hamper the growth to some extent. However, surge in use of virtualization for big data analytics has almost downplayed the factors and created a number of opportunities for the key players in the industry.
In a nutshell, taking recourse to graph structures for symbiologic queries with nodes, contours, and properties to epitomize and accumulate data, graph database works as a mainstream technology for organizations. Especially, when it comes to data management, graph database tends to find applications in a number of different industries and sectors. When it offers a plethora of advantages for fixing problems confronted while evaluating complex data, it also appears as an easy-peasy solution as compared to other database components. To sum up, it can be stated that the graph database market is growing quite profoundly and in the next few years to come, it’s going to flourish yet more.
Rosy Behera
Author's Bio- Rosy Behera holds a bachelor’s degree in Electrical and Electronics Engineering and now she is a content writer by profession. She loves to portray her thoughts and ideas with a nice command of words. Grabbing an audience with her creative write-ups is one of her biggest assets so far. Apart from writing, she is a certified “Odisi” dancer and has done Gardharva in Drawing, Painting, and Arts. She always explores new things through travel and is a big foodie.
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