The Graph Technology Market was valued at USD 4.1 billion in 2022 and is estimated to register a CAGR of over 19.5% between 2023 and 2032. Awareness and education about graph technology is spreading globally through various initiatives to empower individuals and businesses with the knowledge and skills required to harness the potential of graph technology for various applications. The graph technology industry is expanding due to continuous innovations in artificial intelligence, machine learning, and data analytics. Performance and scalability challenges are significantly affecting the graph technology market growth, but efficient algorithms, distributed computing, and hardware enhancements are continually sought to address these challenges.
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