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Knowledge Graph Market Trends

  • Report ID: GMI7266
  • Published Date: Nov 2023
  • Report Format: PDF

Knowledge Graph Market Trends

The introduction of geospatial knowledge graphs for managing geospatial datasets is driving the market expansion. Advanced graph technologies enhance the organization and utilization of location-based data. For instance, in May 2023, Foursquare, a standalone geospatial technology platform, unveiled its geospatial knowledge graph. This innovative approach helped in organizing geospatial datasets through graph technologies and the H3 grid system, revolutionizing the manner in which businesses extracted value from location data.
 

The growing need for semantic search plays a crucial role in propelling the market demand. Semantic search engines, powered by knowledge graphs, delve beyond simple keyword matches. They understand the context, intent, and relationship between words, providing users with highly relevant & contextually accurate search results. As the volume of online content expands exponentially, businesses and users require more sophisticated and precise search capabilities. Knowledge graphs enable this by adding layers of semantic understanding, making them indispensable for modern search engines and applications.

Authors: Preeti Wadhwani, Anish Pathak

Frequently Asked Questions (FAQ) :

The knowledge graph industry was valued at USD 1 billion in 2022 and is predicted to register over 13.5% CAGR between 2023 and 2032.

The BFSI segment was valued at over USD 230 million in 2022 and will grow significantly through 2032 as knowledge graphs are driving advancements in fraud detection and prevention, helping the financial institutes to safeguard the data.

North America knowledge graph market share was over 35% in 2022 and will witness substantial growth through 2032 owing to strategic partnerships to accelerate the migration from varied data sources to valuable data products.

AWS, Cambridge Semantics, Franz Inc., Google, IBM Corporation, Microsoft, Neo4j, Ontotext, Oracle, PoolParty, and Stardog.

Knowledge Graph Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 458
  • Countries covered: 21
  • Pages: 319
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