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The Semantic Web market is estimated to reach $123.5 billion by 2032, growing at a CAGR of 42.4% from 2023 to 2032. Semantic web services provide data integration, understanding and utilization capabilities to several industries, allowing organizations to protect their assets from various cyber-attacks and improve customer experience. Knowledge graphs, AI and ML techniques are gaining significant traction within the Semantic Web market, enabling more context-aware and intelligent data analysis.