Graph Database Market Growth
Fluree and Zettalabs announced a recent merger that will combine a graphing database venture with an AI/Machine Learning platform. The market for these types of solutions is expected to triple from the current value mark of about $1 billion to over $3 billion by 2024 given the increased demand in recent years. Voluminous amounts of dispersed, highly unstructured data are being accumulated by organizations at an ever-increasing velocity and the need for a system that can incorporate all potential relationships and amalgams of a particular information grouping is essential.