The cognitive computing market size is expected to grow at a compound annual growth rate (CAGR) of 31% over the forecast period from 2021 to US$20.5 billion by 2028 to US$775 billion. Cognitive Computing is completely changing the way organizations use big data across industries, especially in industries such as healthcare, BFSI and customer service. This is a major revolution in the global information technology market and has very strong growth potential. Cognitive Computing enables machines to think, interpret and reason information like the human brain.
A full report of Cognitive Computing Market is available at:https://orionmarketreports.com/cognitive-computing-market/83829/
Company Profile
- IBM
- Microsoft
- Palantir
- Saffron Technology
- Cold Light
- Cognitive Scale
- Enterra Solutions
Market Segmentation
By Type, the market is primarily split into
- Natural Language Processing (NLP)
- Machine Learning
- Automated Reasoning
- Others Technologies
By Application, this report covers the following segments
- SMBs
- Large Enterprises
Scope of the Report
The research study analyzes the Cognitive Computing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cognitive Computing Market Report
- What was the Cognitive Computing Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Cognitive Computing Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Cognitive Computing Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Cognitive Computing market.
- The market share of the Cognitive Computing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Cognitive Computing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Cognitive Computing market.
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