Cognitive Computing Market research reports focus on size, share, growth, manufacturers and forecasts by 2025. The new market research store focuses on the market and provides future analysis and forecasts of the market. This market research report is based primarily on the elements that companies complete in the marketplace and on those elements that are useful and useful to the business.
The value of the Cognitive Computing market is projected to grow to USD 172.3 Billion with an estimated CAGR of 37.9% by 2028
Cognitive computing (CC) describes technology platforms that, broadly speaking, are based on the scientific disciplines of artificial intelligence in blockchain and signal processing. These platforms encompass machine learning, reasoning, natural language processing, speech recognition and vision (object recognition), human–computer interaction, dialog and narrative generation, among other technologies.
Key Cognitive Computing Market Players
The report gives the detailed analysis trends and forecasts, competitive landscape, key drivers, restraints and opportunities and analysis on Venture Capital (VC) and Mergers and Acquisitions (M&A) related to the Cognitive Computing market. It also focuses on technologies & standards and in estimating the market potential of the major sub-segments. Major solution providers in the people screening market are Microsoft, IBM, Google, Vicarious, Palantir, and Cold Light are some of its major active players. These Cognitive Computing Solutions Vendors are rated and listed by us on the basis of product quality, reliability, and their business strategy.
Global Cognitive Computing Market 2019 research reports around the world provide in-depth analysis, including summaries, definitions, and market coverage. The Cognitive Computing industry is broken down by product, location and region. This segmentation is intended to give the reader a detailed understanding of the market and the essential elements that make up the market. This allows you to better describe the driver, restraint, threats and opportunities.
The Cognitive Computing Market analysis report expresses about the growth rate of global market up to 2025 by revenue, chain structure, manufacturing process and market entry strategies. The Cognitive Computing Market report providing comprehensive syndicated market research reports with in-depth analysis of global trending markets and global sectors. The research experts use exclusive mixture of primary and secondary research, different analytics, and industry research to give a holistic view of the market and business ecosystem.
Cognitive Computing Market Competitive Analysis:
Cognitive Computing market analysts involved in the study use their unique primary and secondary research techniques and tools to present the information and data most accurately. This report provides a comprehensive analysis of the competitive environment, including company profiling of top companies operating in the market. Readers will be given detailed information on the market, including neatly calculated revenue and volume growth, CAGR and market share estimates. This report provides systematically prepared statistics showing a comparison of the above-mentioned estimates over the entire forecast period.
In addition, Cognitive Computing s offers various benefits such as preserving wealth through proactive management & suitable strategies, it assists with the allocation of wealth from one generation to next through strategic asset allocation and it mitigate risks by diversifying investments. The benefits of these Cognitive Computing s increase demand worldwide. However, the limited availability of Cognitive Computing s is one of the major factors limiting the market growth of Cognitive Computing s around the world. As competition with hedge funds, investment banks, and other asset management companies intensifies, it is difficult to find merchants with the required level of expertise and keep advisors.
Global Cognitive Computing Market report outlines characteristics and growth, SWOT analysis, Porter’s five, pest analysis, segmentation, regional overview, competitive landscape, market share. The present market condition and future prospects of the segment has also been examined. The report includes accurate analysis of data from players in the primary industry and their area of market through most analytical tools.
Cognitive Computing Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2028 |
Study Period | 2018-2028 |
Forecast Unit | Value (USD) |
Revenue forecast in 2028 | USD 172.3 Billion |
Growth Rate | CAGR of 37.9% during 2018-2028 |
Segment Covered | By Component, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Microsoft (US), Google (US), IBM (US), Numenta (US), SAS Institute (US), AWS (US), Enterra Solutions (US), Cognitive Scale (US), Spark Cognition (US), TCS (India), Expert System (US), Cisco (US), Virtusa (US), Cognitive Software Group (Australia), Red Skios (Spain), Artificial Solutions (Sweden), Acuiti (Australia), Vantage Labs (US), E-Zest (India), and BurstIQ (US). |
By Component, the cognitive computing market is divided into the following segments:
• Platform
• Service
o Managed Services
o Professional Services
By Technology, the cognitive computing market is divided into the following segments:
• Machine Learning (ML)
• Human Computer Interaction
o Computer Vision
o Machine Vision
o Robotics
• Natural Language Processing (NLP)
• Deep Learning
o Prescriptive and Predictive Modeling
o Decision Making
By application, the cognitive computing market is divided into the following segments:
• Automation
• Intelligent Virtual Assistants
• Behavioral Analysis
• Biometrics
• Others (eLearning and smart education and eTherapy)
By deployment mode, the cognitive computing market is divided into the following segments:
• On-premise
• Cloud
• Hybrid
By organization size, the market is divided into the following segments:
• Large Enterprises
• Small and Medium-Sized Enterprises (SMEs)
By business functions, the market is divided into the following segments:
• Human Resources (HR)
• Legal
• Finance
• Marketing and Advertising
By industry vertical, the cognitive computing market is divided into the following segments:
• BFSI
• Retail and eCommerce
• Telecommunication and IT
• Healthcare and Life Sciences
• Manufacturing
• Government and Defense
• Media and Entertainment
• Travel and Hospitality
• Others* (Energy and Utilities, Transportation and Logistics, and Education)
By region
- Europe
- North America
- Asia Pacific
- Rest Of The World
Cognitive Computing Market Report Highlights:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Cognitive Computing Market Overview, By Type
Chapter 5. Global Cognitive Computing Market Overview, By Application
Chapter 6. Global Cognitive Computing Market Overview, By Region
Chapter 7. Company Profiles