Global Graph Analytics Market to Reach $11.3 Billion by 2030
The global market for Graph Analytics estimated at US$1.8 Billion in the year 2023, is expected to reach US$11.3 Billion by 2030, growing at a CAGR of 30.4% over the period 2023-2030. Graph Analytics Solutions, one of the segments analyzed in the report, is expected to record 31% CAGR and reach US$8.5 Billion by the end of the analysis period. Growth in the Graph Analytics Services segment is estimated at 28.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $444 Million, While China is Forecast to Grow at 37.6% CAGR
The Graph Analytics market in the U.S. is estimated at US$444 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2030 trailing a CAGR of 37.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.2% and 26.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 25.2% CAGR.
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