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Graph Analytics Market - Global Forecast to 2024: Advancements in Graph Analytics By Integration of AI, IoT, and Blockchain to Drive the MarketDUBLIN, Nov. 5, 2019 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering. The Graph Analytics Market Size is Projected to Grow from USD 584 Million in 2019 to USD 2,522 Million by 2024, at a CAGR of 34.0%. The graph analytics market is driven by the growing demand to analyze low-latency queries, advancements in graph analytics by the integration of technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), and the ability of graph analytics to uncover relationships between data in real-time to drive the growth of the market. However, a lack of technical skills may hinder the growth of the graph analytics market. The graph analytics market by vertical has been segmented into Banking, Financial Services and Insurance (BFSI), telecom, retail and eCommerce, healthcare and life sciences, manufacturing, government and public sector, transportation and logistics, and others (media and entertainment, education, and real estate). The health care and life sciences segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing demand for controlling fraud related to health data, achieving better patient experience, and offering personalized treatment in real-time. APAC to grow at the highest CAGR during the forecast period Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Increasing investments by the technology companies in major APAC countries, such as China, Japan, India, South Korea, Jong Kong, and Malaysia; growing digitalization; increasing adoption of advanced AI and big data technologies; and government regulations and initiatives are expected to drive the growth of the market in the APAC region. Market Dynamics Drivers
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For more information about this report visit https://www.researchandmarkets.com/r/jey5bl Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/graph-analytics-market---global-forecast-to-2024-advancements-in-graph-analytics-by-integration-of-ai-iot-and-blockchain-to-drive-the-market-300951832.html SOURCE Research and Markets |