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2025-08-13 05:42:43 -

Vector Database Market 2030: Exploring New Revenue Streams

The global vector database market was valued at USD 1.66 billion in 2023 and is projected to expand to USD 7.34 billion by 2030, registering a compound annual growth rate (CAGR) of 23.7% between 2024 and 2030. This growth is primarily driven by the increasing need for spatial data analysis across various sectors such as transportation, logistics, urban planning, and environmental...

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