Graph Analytics Market Leading Players And Forecast Till 2024

1. Downloaded from: justpaste.it/2bl13 Graph Analytics Market Leading Players And Forecast Till 2024 — MarketsandMarkets™ Graph Analytics Market According to a research report “Graph Analytics Market by Component, Deployment Mode, Organization Size, Application (Route Optimization and Fraud Detection), Vertical (Healthcare and Life Sciences, Transportation and Logistics, and BFSI), and Region — Global Forecast to 2024”, published by MarketsandMarkets, the global graph analytics market size is expected to grow from USD 584 million in 2019 to USD 2,522 million by 2024, at a Compound Annual Growth Rate (CAGR) of 34.0% during the forecast period. Major factors fueling the market growth are growing demand to analyze low-latency queries, advancements in graph analytics by integration of technologies, such as Artificial Intelligence (AI), Internet of Things (IoT), and the ability of graph analytics to uncover relationships between data in real time. The large enterprises segment to hold a larger market size during the forecast period The graph analytics market is segmented into large enterprises and Small and Medium-sized Enterprises (SMEs) by organization size. The large enterprises segment is expected to have a larger market size during the forecast period, owing to large volumes of data being generated by large enterprises and increasing demand for real-time graph analytics solutions and services. However, the SMEs segment is expected to grow at a higher CAGR during the forecast period. Due to the high availability of cost-effective cloud solutions, graph analytics solutions and services are expected to witness a prominent growth rate among SMEs during the forecast period. By vertical, the healthcare and life sciences segment to grow at the highest CAGR during the forecast period The graph analytics market by vertical is segmented into 8 categories, namely, Banking, Financial Services and Insurance (BFSI), retail and eCommerce, telecom, healthcare and life sciences, government and public sector, manufacturing, transportation and logistics, and others (media and entertainment, education, and real estate). The healthcare and life sciences segment is expected to grow at a rapid pace during the forecast period, as there is an increase in the demand for controlling fraud related to health data, to achieve better patient experience, and to offer personalized treatment in real time. North America to hold the largest market size during the forecast period

2. North America is the most significant revenue contributor to the global graph analytics market. The region is witnessing significant developments in the graph analytics market. Many graph analytics solution providers in North America are experimenting in the market by integrating advanced technologies such as AI and IoT with their existing graph analytics solutions. They are also adopting various growth strategies to strengthen their positions in the overall market. Major North American vendors in the graph analytics market are Microsoft (US), IBM (US), AWS (US), Oracle (US), Neo4j (US), TigerGraph (US), Cray (US), DataStax (US), Teradata (US), TIBCO Software (US), Graphistry (US), Objectivity (US), Dataiku (US), Tom Sawyer Software (US), Kineviz (US), Franz (US), and Expero (US). Microsoft (US) and IBM (US) are leading players in Graph Analytics Market Microsoft (US) develops and supports software, services, devices, and solutions. Its product offerings include Operating Systems (OS), cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools, and video games. The company also designs, manufactures, and sells devices, such as Personal Computers (PCs), tablets, gaming and entertainment consoles, other intelligent devices, and related accessories. It offers a range of services, including solution support, consulting services, and cloud-based solutions that provide customers with software, services, platforms. In the graph analytics market, the company offers Microsoft Graph, which is a developers’ Application Program Interface (API) platform, to connect to data that drives productivity. It is built on top of Office 365 and enables developers to integrate their services with Azure AD, Excel, Intune, Outlook, One Drive, OneNote, SharePoint, Planner, and other Microsoft products. In the Microsoft 365 platform, there are 3 main components that facilitate the access and flow of data, namely, Microsoft Graph API, Microsoft Graph data connect, and Microsoft Graph Security connectors. Microsoft Graph data connect enables users to analyze meeting requests to provide insights into conference room utilization. IBM’s (US) major operating sector consists of 5 business segments, namely, cognitive solutions, Global Business Services (GBS), technology services and cloud platforms, systems and global financing. The company has a broad and robust product portfolio and majorly focuses on improving the product efficiency of analytics, cloud, cognitive, commerce, Internet of Things (IoT), industry solutions, systems, mobile, security, social, and Watson technologies. In the graph analytics market, IBM offers the IBM Financial Crimes Insight (FCI) for Watson, which is a single, integrated solution that addresses all phases of enterprise counter-fraud measures. It includes the FCI graph analytics component, which applies graph techniques to look for patterns across the party, account, and transaction data, and compute the network score. The network score and features identified as the outcome of the graph analytics process can be leveraged later in the Machine Learning (ML) pipeline of IBM Financial Crimes Alert Insights (FCAI) with Watson to detect Anti-Money Laundering (AML) scenarios. About MarketsandMarkets™

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