The global Cognitive Operation market is anticipated to grow at a considerable CAGR of 21.2% during the forecast period. Cognitive operation technology is more benefits such as improving satellite communications, overcoming operation spectrum scarcity, and providing enhanced quality of service, owing to which it is being adopted by industry verticals this is driving cognitive operation market growth. The integration of machine learning and AI intelligence with cognitive operation technology makes the system efficient is expected to provide lucrative opportunities for the market.
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Product innovations coupled with many leading advancements in cognitive operation by prominent players are anticipated to drive the market growth. For instance, in j June 2021, IBM announced the closing of its acquisition of Turbonomic Inc., an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. Furthermore, in n 2020, Daikin Launched, “Carrime”, a Portable Air Conditioner, with help of the innovation platform, Daikin Launch X. Similarly in June 2018, Splunk acquired VictorOps for delivering information on machine data for preventing, resolving, and monitoring issues that degrade customer engagement. Such strategies adopted by key players can bring lucrative growth opportunities to the market during the forecast period.
Global Cognitive Operation Market Report Segment
By Component
- Solutions
- Services
By Deployment
- Cloud
- On-Premises
By Application
- Spectrum Sensing
- Spectrum Analysis
- Spectrum Allocation
- Location Tracking
- Cognitive Routing
By Enterprise
- Large Entreprise
- SMEs
By Vertical
- BFSI
- Healthcare and Life Science
- IT and Telecom
- Retail and E-Commerce
- Manufacturing
- Governmengt
- Media and Entertainment
- Others
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Cognitive Operations Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Appnomic Systems Pvt. Ltd
- BAE System Plc
- Broadcom Corporation .
- Google LLC
- HCL Technologies
- Hewlett Pcakard Enterprise Development LP
- Micro Focus International Plc
- Microsoft Corporation
- New Relic, Inc.
- Nuance Communications Inc.
- Oracle Corporation
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