
The global Vector Database market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Vector Database is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Vector Database is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Vector Database in Natural Language Processing is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Vector Database include Shanghai Yirui Information Technology, Qdrant, Milvus, Weaviate, Pinecone, Vespa, pgvector, opensearch and Alibaba Cloud, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Vector Database, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vector Database.
Report Scope
The Vector Database market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vector Database market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vector Database companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Shanghai Yirui Information Technology
Qdrant
Milvus
Weaviate
Pinecone
Vespa
pgvector
opensearch
Alibaba Cloud
cVector
Vearch
Troy Information Technology
Actionsky
Facebook
Tencent Cloud
Segment by Type
Open Source Database
Commercial Database
Segment by Application
Natural Language Processing
Computer Vision
Recommender System
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vector Database companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Vector Database Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Open Source Database
1.2.3 Commercial Database
1.3 Market by Application
1.3.1 Global Vector Database Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Natural Language Processing
1.3.3 Computer Vision
1.3.4 Recommender System
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Vector Database Market Perspective (2019-2030)
2.2 Vector Database Growth Trends by Region
2.2.1 Global Vector Database Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Vector Database Historic Market Size by Region (2019-2024)
2.2.3 Vector Database Forecasted Market Size by Region (2025-2030)
2.3 Vector Database Market Dynamics
2.3.1 Vector Database Industry Trends
2.3.2 Vector Database Market Drivers
2.3.3 Vector Database Market Challenges
2.3.4 Vector Database Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Vector Database Players by Revenue
3.1.1 Global Top Vector Database Players by Revenue (2019-2024)
3.1.2 Global Vector Database Revenue Market Share by Players (2019-2024)
3.2 Global Vector Database Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Vector Database Revenue
3.4 Global Vector Database Market Concentration Ratio
3.4.1 Global Vector Database Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Vector Database Revenue in 2023
3.5 Vector Database Key Players Head office and Area Served
3.6 Key Players Vector Database Product Solution and Service
3.7 Date of Enter into Vector Database Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Vector Database Breakdown Data by Type
4.1 Global Vector Database Historic Market Size by Type (2019-2024)
4.2 Global Vector Database Forecasted Market Size by Type (2025-2030)
5 Vector Database Breakdown Data by Application
5.1 Global Vector Database Historic Market Size by Application (2019-2024)
5.2 Global Vector Database Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Vector Database Market Size (2019-2030)
6.2 North America Vector Database Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Vector Database Market Size by Country (2019-2024)
6.4 North America Vector Database Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Vector Database Market Size (2019-2030)
7.2 Europe Vector Database Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Vector Database Market Size by Country (2019-2024)
7.4 Europe Vector Database Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Vector Database Market Size (2019-2030)
8.2 Asia-Pacific Vector Database Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Vector Database Market Size by Region (2019-2024)
8.4 Asia-Pacific Vector Database Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Vector Database Market Size (2019-2030)
9.2 Latin America Vector Database Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Vector Database Market Size by Country (2019-2024)
9.4 Latin America Vector Database Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Vector Database Market Size (2019-2030)
10.2 Middle East & Africa Vector Database Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Vector Database Market Size by Country (2019-2024)
10.4 Middle East & Africa Vector Database Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Shanghai Yirui Information Technology
11.1.1 Shanghai Yirui Information Technology Company Detail
11.1.2 Shanghai Yirui Information Technology Business Overview
11.1.3 Shanghai Yirui Information Technology Vector Database Introduction
11.1.4 Shanghai Yirui Information Technology Revenue in Vector Database Business (2019-2024)
11.1.5 Shanghai Yirui Information Technology Recent Development
11.2 Qdrant
11.2.1 Qdrant Company Detail
11.2.2 Qdrant Business Overview
11.2.3 Qdrant Vector Database Introduction
11.2.4 Qdrant Revenue in Vector Database Business (2019-2024)
11.2.5 Qdrant Recent Development
11.3 Milvus
11.3.1 Milvus Company Detail
11.3.2 Milvus Business Overview
11.3.3 Milvus Vector Database Introduction
11.3.4 Milvus Revenue in Vector Database Business (2019-2024)
11.3.5 Milvus Recent Development
11.4 Weaviate
11.4.1 Weaviate Company Detail
11.4.2 Weaviate Business Overview
11.4.3 Weaviate Vector Database Introduction
11.4.4 Weaviate Revenue in Vector Database Business (2019-2024)
11.4.5 Weaviate Recent Development
11.5 Pinecone
11.5.1 Pinecone Company Detail
11.5.2 Pinecone Business Overview
11.5.3 Pinecone Vector Database Introduction
11.5.4 Pinecone Revenue in Vector Database Business (2019-2024)
11.5.5 Pinecone Recent Development
11.6 Vespa
11.6.1 Vespa Company Detail
11.6.2 Vespa Business Overview
11.6.3 Vespa Vector Database Introduction
11.6.4 Vespa Revenue in Vector Database Business (2019-2024)
11.6.5 Vespa Recent Development
11.7 pgvector
11.7.1 pgvector Company Detail
11.7.2 pgvector Business Overview
11.7.3 pgvector Vector Database Introduction
11.7.4 pgvector Revenue in Vector Database Business (2019-2024)
11.7.5 pgvector Recent Development
11.8 opensearch
11.8.1 opensearch Company Detail
11.8.2 opensearch Business Overview
11.8.3 opensearch Vector Database Introduction
11.8.4 opensearch Revenue in Vector Database Business (2019-2024)
11.8.5 opensearch Recent Development
11.9 Alibaba Cloud
11.9.1 Alibaba Cloud Company Detail
11.9.2 Alibaba Cloud Business Overview
11.9.3 Alibaba Cloud Vector Database Introduction
11.9.4 Alibaba Cloud Revenue in Vector Database Business (2019-2024)
11.9.5 Alibaba Cloud Recent Development
11.10 cVector
11.10.1 cVector Company Detail
11.10.2 cVector Business Overview
11.10.3 cVector Vector Database Introduction
11.10.4 cVector Revenue in Vector Database Business (2019-2024)
11.10.5 cVector Recent Development
11.11 Vearch
11.11.1 Vearch Company Detail
11.11.2 Vearch Business Overview
11.11.3 Vearch Vector Database Introduction
11.11.4 Vearch Revenue in Vector Database Business (2019-2024)
11.11.5 Vearch Recent Development
11.12 Troy Information Technology
11.12.1 Troy Information Technology Company Detail
11.12.2 Troy Information Technology Business Overview
11.12.3 Troy Information Technology Vector Database Introduction
11.12.4 Troy Information Technology Revenue in Vector Database Business (2019-2024)
11.12.5 Troy Information Technology Recent Development
11.13 Actionsky
11.13.1 Actionsky Company Detail
11.13.2 Actionsky Business Overview
11.13.3 Actionsky Vector Database Introduction
11.13.4 Actionsky Revenue in Vector Database Business (2019-2024)
11.13.5 Actionsky Recent Development
11.14 Facebook
11.14.1 Facebook Company Detail
11.14.2 Facebook Business Overview
11.14.3 Facebook Vector Database Introduction
11.14.4 Facebook Revenue in Vector Database Business (2019-2024)
11.14.5 Facebook Recent Development
11.15 Tencent Cloud
11.15.1 Tencent Cloud Company Detail
11.15.2 Tencent Cloud Business Overview
11.15.3 Tencent Cloud Vector Database Introduction
11.15.4 Tencent Cloud Revenue in Vector Database Business (2019-2024)
11.15.5 Tencent Cloud Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Shanghai Yirui Information Technology
Qdrant
Milvus
Weaviate
Pinecone
Vespa
pgvector
opensearch
Alibaba Cloud
cVector
Vearch
Troy Information Technology
Actionsky
Facebook
Tencent Cloud
Ìý
Ìý
*If Applicable.
