BOSTON – JULY 10, 2023 – Today, international technology standards organization Object Management Group (OMG) announced it approved the Systems Modeling [.]
/PRNewswire/ The "Global Graph Analytics Market: Analysis By Component, By Deployment, By Enterprise Size, By Application, By Industry Vertical, By Region,.
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The Worldwide Graph Analytics Industry is Expected to Reach $2 Billion by 2027
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The research report titled provides in-depth analysis of the graph analytics market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2027. The Graph Analytics Market is expected to reach $2.03 billion by 2027, growing at a CAGR of 19.1% during the forecast period of 2019 to 2027.
The growth of this market is mainly attributed to the rising demand to analyze low-latency queries, the ability of graph analytics to uncover relationships between data in real-time, increasing demand for cloud-based services, and rising adoption of big data technology are the key factors driving the growth of the graph analytics market.