Press release
The Semantic Knowledge Graphing Market Is Witnessing High Growth Owing To the Increasing Usage of Search Engines in the World
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:Semantic knowledge graphing is a powerful tool that provides both visual information and the ability to analyze this information quickly and effectively. Semantic knowledge graphing uses mathematically robust statistical methods and tools to create a rich graphical representation of complex and often highly abstract data sets. This representation can be made very quickly using just a few mathematical algorithms and can be used for all kinds of problems such as time-series analysis, consumer demand analysis, financial prediction, trend analysis, and much more. As more sophisticated mathematical and statistical techniques are developed more time-series and intuitive ways to utilize the knowledge graph generated by these algorithms become possible. With the help of knowledge graphing, it will become easier to make inferences from large amounts of data sets and to build up databases and networks on a much more practical level.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ:
Major players operating in the global semantic knowledge graphing market include Googleโs Knowledge Graph, LinkedIn's Knowledge Graph, Yandex's Object Answer, and Microsoft Bingโs Satori Knowledge Base.
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๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐:
The increasing usage of search engines in the world is the main factor that is expected to enhance the growth of the global semantic knowledge graphing market. For instance, according to Review42, there are around 4 billion Google users in the world. Moreover, increasing service launches by key market players, along with high investments in research and development of advanced technological services are estimated to create propulsion in the global semantic knowledge graphing market.
๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐:
The increasing incidence of COVID positive cases has restricted several systems and services and has affected the growth of the global semantic knowledge graphing market. For instance, according to Our World in Data, there have been till now more than 3.28 crore COVID positive cases in India.
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐:
The size of the global semantic knowledge graphing market was evaluated at around US$ 1054.6 million in 2019 and is projected to increase to US$ 3,000.0 million in 2027, at a CAGR of 14.0%, owing to the increasing usage of search engines in the world. For instance, according to Backlinko, Bing's search engine currently owns a 2.71% share of the global search engine market.
North America is expected to hold a major share of the global semantic knowledge graphing market, owing to the increasing usage of search engines in the region. For instance, according to HubSpot, with over 70% of the market share, Google has become the most used search engine in the U.S. Moreover, the increasing prevalence of key market players in the region is expected to drive the growth of the market.
The Asia Pacific is expected to witness significant growth in the global semantic knowledge graphing market, owing to the increasing investments in the technology sector, especially in the developing regions. For instance, according to India Brand Equity Foundation, the IT revenue in India is expected to reach around US$ 93 billion in 2-2-1 and is projected to increase to around US$ 98.5 billion in 2022.
๐๐ป๐ผ๐ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป:-
https://www.coherentmarketinsights.com/ongoing-insight/semantic-knowledge-graphing-market-3242
๐ข๐๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ข๐ณ๐ณ๐ฒ๐ฟ๐:
Market share assessments for the regional and country-level segments.
Market share analysis of the top industry players.
Strategic recommendations for the new entrants.
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
Strategic recommendations in key business segments based on the market estimations.
Competitive landscaping mapping the key common trends.
Company profiling with detailed strategies, financials, and recent developments.
Supply chain trends map the latest technological advancements.
Semantic Knowledge Graphing Market, by application (Semantic Search, Question and Answer Machine, Information Retrieval, Electronic Reading, and Online Learning), By Service Type (Data Management, Knowledge Portals, Content Management, and Others), By Enterprise Size (Large Enterprise and Small and Medium Enterprises (SMEs)), by End-use industry (BFSI, Healthcare, Manufacturing, Government, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
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Coherent Market Insights is a global market intelligence and consulting organization, focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 32 countries worldwide.
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