Knowledge Graph Market Scope and Research Methodology
This study aims to provide a comprehensive overview of the Knowledge Graph Market, including components, applications, industries, and geographical considerations. The article delves deeply into the key factors driving the growth of the Knowledge Graph market, including a detailed analysis of its value chain.
The methodology used in this study involves secondary research to assess and predict trends in the Knowledge Graph industry. The process begins with gathering revenue data from major suppliers and incorporates vendor offerings into market segmentation analysis. The bottom-up approach is used to calculate the overall size of the Knowledge Graph market based on the revenue generated by major corporations.
The knowledge graph market, estimated to be worth USD 0.9 billion in 2022, is anticipated to grow at a significant rate of 18.1% between 2023 and 2029, when it is expected to reach nearly USD 2.9 billion. A knowledge graph is a potent combination of explicit knowledge representation and business data. Businesses can manage data by comprehending the complex relationships between consumers, goods or services, features, markets, and other important factors thanks to this creative approach. In-depth analysis and understanding of the relationships that drive business advancement are made possible by the graph format, which directly depicts these connections. A knowledge graph unifies business data and knowledge, enabling a more cohesive understanding of organizational information by offering a thorough and integrated experience.
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Knowledge Graph Market Segmentation:
Based on Application, the semantic search Knowledge Graph segment held the largest market share of more than 29% and dominated the global Knowledge Graph market in 2022. The segment is further expected to grow at a CAGR of 11.45% and maintain its dominance during the forecast period. Semantic search increases search accuracy by deciphering word meanings for more relevant results. Utilizing knowledge graphs it employs a structured representation of knowledge to discern relationships between entities.
by Application
Semantic search
Recommendation Systems
Data integration
Knowledge Management
AI and machine learning
by End-User
Healthcare
E-commerce& retail
BFSI
Government
Manufacturing
Transportation & logistics
Others
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Knowledge Graph Market Key Players:
1. Amazon.com Inc.
2. Baidu, Inc.
3. Facebook Inc
4. Google LLC
5. Microsoft Corporation
6. Mitsubishi Electric Corporation
7. NELL
8. Semantic Web Company
9. YAGO
10. Yandex
11. AWS
12. Cambridge Semantics
13. Franz Inc.
14. IBM Corporation
15. Neo4j
Regional Analysis:
Market share data is presented for several regions, including North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Maximize analysts conduct a comprehensive assessment of competitive strengths, as well as individual competitive analyses for each key player.
Key Questions Answered in the Knowledge Graph Market Report are:
- Which segment dominated the Knowledge Graph market in terms of market share?
- What characterized the competitive landscape of the Knowledge Graph market in 2021?
- What are the primary drivers fueling the growth of the Knowledge Graph market?
- In 2021, which region held the largest proportion of the Knowledge Graph market?
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