PUBLISHER: 360iResearch | PRODUCT CODE: 1415445
PUBLISHER: 360iResearch | PRODUCT CODE: 1415445
[182 Pages Report] The Knowledge Graph Market size was estimated at USD 1.05 billion in 2023 and expected to reach USD 1.24 billion in 2024, at a CAGR 17.07% to reach USD 3.19 billion by 2030.
Global Knowledge Graph Market
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 1.05 billion |
Estimated Year [2024] | USD 1.24 billion |
Forecast Year [2030] | USD 3.19 billion |
CAGR (%) | 17.07% |
A knowledge graph is a structured model of knowledge that incorporates entities, relationships, and attributes to create a semantic network. It is a way to organize and connect information in a manner easily computable and understandable by machines. Knowledge graphs play a crucial role in representing and organizing knowledge in a way that allows for efficient data retrieval, reasoning, and analysis. Factors influencing the market's growth entail increased demand for advanced analytics tools and soaring data generation. The rise is further driven by the growing need for businesses to offer improved customer satisfaction, seamless communication, and knowledge sharing. However, a lack of understanding about the benefits of knowledge graphs, the necessity for technically skilled professionals, and privacy concerns further hamper the market adoption. The emergence of powerful data management, integration, and analytics strategies offers great potential opportunities.
Regional Insights
The Americas have a significant landscape in the knowledge graph market owing to the region evinces substantial advancements in technology and strong consumer purchasing power. Firms have been engaging in research and development initiatives, confirmed by a surge in new patents in emerging technologies. In the EMEA region, Europe is the hub for major developments in the knowledge graph market. Several European Union directives encourage the use of knowledge graph technology for compliance with data privacy. Meanwhile, the Middle East and Africa, while still nascent in the knowledge graph market, show promising growth potential owing to the digital transformation initiatives and burgeoning tech startup culture, particularly in countries. The APAC region is rapidly emerging as a formidable player in the knowledge graph market, fueled by expansive technological advancements and swift digitalization across major economies. Countries are capitalizing on technology to strengthen data management in e-commerce, healthcare, and telecommunications industries. Moreover, robust support from governments to foster innovation and drive digital transformation bolstered this region's knowledge graph market growth.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Knowledge Graph Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Knowledge Graph Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Knowledge Graph Market, highlighting leading vendors and their innovative profiles. These include AllegroGraph by Franz Inc., Amazon Web Services, Inc., ArangoDB, Cambridge Semantics, Inc., Datavid Limited, Diffbot Technologies Corp., Fluree, Franz Inc., Google LLC by Alphabet Inc., International Business Machines Corporation, Microsoft Corporation, Mitsubishi Electric Corporation, Neo4j, Inc., Ontotext, Oracle Corporation, SciBite Limited, Semantic Web Company, Stardog Union, TIBCO by Cloud Software Group, Inc., TigerGraph, Inc., XenonStack Pvt. Ltd., and Yext, Inc..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Knowledge Graph Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Knowledge Graph Market?
3. What are the technology trends and regulatory frameworks in the Knowledge Graph Market?
4. What is the market share of the leading vendors in the Knowledge Graph Market?
5. Which modes and strategic moves are suitable for entering the Knowledge Graph Market?