According to a MarketsandMarkets report, the Knowledge Graph Market Size is projected to grow significantly, reaching USD 6,938.4 million by 2030 from USD 1,068.4 million in 2024 at a CAGR of 36.6%. Knowledge graphs enable organizations to rebuild complex datasets into interconnected nodes and relationships, simplifying data navigation and retrieval for enterprise knowledge management.
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Solution Categories
The market includes Enterprise Knowledge Graph Platforms, Graph Database Engines, and Knowledge Management Toolsets. These components collectively enable comprehensive knowledge graphs that integrate diverse data sources, support semantic search, context-aware recommendations, and enhance data discovery.
Vertical Market Leadership: BFSI
The Banking, Financial Services, and Insurance (BFSI) sector is expected to hold the largest share in the market. Knowledge graphs in BFSI facilitate relationship mapping among customers, transactions, credit, and risk profiles. They also support fraud detection, regulatory compliance (AML, KYC), credit risk analysis, and claims processing optimization, driving operational efficiency and an improved customer experience.
High-Growth Applications
Segments such as virtual assistants, self-service data platforms, and digital asset discovery are anticipated to record the highest growth rates. Knowledge graphs underpin these by creating interconnected data networks that improve searchability, enable context-sensitive interactions, and streamline resource management, boosting innovation and user experience.
Regional Growth Focus: Asia Pacific
Asia Pacific is projected to exhibit the fastest market growth, driven by initiatives in countries like Singapore (Linked Data-based semantic knowledge graphs for libraries), Australia (HydroKG for environmental management), Japan (manufacturing supply chain optimization), and South Korea (personalized AI in telecommunications). Government and industry efforts continue to accelerate adoption in the region.
Key Market Players
Major vendors in the Knowledge Graph market include IBM, Oracle, Microsoft, AWS, Neo4j, TigerGraph, Stardog, Franz Inc, Openlink Software, and more. These companies actively pursue growth via partnerships, product innovation, collaborations, and acquisitions to strengthen their market presence.
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