Cognitive automation market is anticipated to grow at a CAGR of 11.2% during the forecast period. The adoption of cognitive automation is based on factors such as the adoption of artificial intelligence (AI) by businesses to automate processes and integrate human-computer interaction (HCI). Most players in the market are developing cognitive services that are accessed by application developers, or end users who deploy solutions at their systems and servers. Use cases of cognitive automation were seen in financial institutions, retail and healthcare, and others. For instance, in December 2021, Brillio acquired Cedrus Digital. The acquisition will strengthen Brillio’s product and platform engineering, data analytics, cloud security, and digital infrastructure capabilities, by bringing Cedrus Digital expertise in cloud-native engineering, cloud security, cloud infrastructure ops, conversational AI, machine learning, cognitive automation, and intellectual property that will assist Brillio in improving its end-to-end digital transformation solutions across healthcare, financial services, and automotive industries.
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Major regions are discussed here includes Europe, Middle East, Africa, North America, Latin America and Asia Pacific. Target audience has grown fast therefore it is important to understand their needs and nothing is better than referring a good Cognitive Automation Market research report as it covers all the details. Such report allows business owners to well-serve them. Market research also allows enhancing customers’ buying decision and provides detailed information on pricing structure of major regions. Important data collection about the entire market is essential for market growth and Cognitive Automation Market report is the best medium to attain this.
Cognitive Automation Market research report also allows testing novel product features and gathering feedback from target customers. It works as the best guide in the product development. Another key part covered in this Cognitive Automation Market report is it allows making effective communication with customers and understanding competitors in the market. It further aims at providing accurate view of where to stack up in comparison. It provides understanding of position of different competitors in the market to spot out their strengths as well as weaknesses to help key players in addressing them better. Thorough data provided here includes competitive analysis for the estimation period 2022-2028 allows getting actionable insights into a huge amount of data of competitors. Secondary research technique can also be used to collect important market data. Cognitive Automation Market research report refers to the activity of collecting data related to market preferences as well as requirements. It affects each aspect of the business including product, consumer service and the brand. Cognitive Automation Market report also allows following important steps to fulfill the needs and reduce the risk involved in the business. Latest corona virus related details are also shared in this market study report to make aware about current market position and its impact on market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Cognitive Automation by Application
- Robotic Process Automation
- Intelligent Automation
Global Cognitive AutomationMarket by End User
- BFSI
- Pharmaceutical and Healthcare
- Retail and Consumer Goods
- IT and Telecommunication
- Manufacturing
- Logistics, Energy, and Utilities
- Others (Communication, Media, and Education)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Automation Anywhere Inc.
- Blue Prism
- EdgeVerve Systems Ltd.
- FPT Software.
- Kofax
- NICE Ltd.
- Nintex
- NTT Advanced Technology Corp.
- OnviSource
- Pegasystems Inc.
- Redwood International Business Group B.V
- UiPath
- Verint’s
- WorkFusion, Inc.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cognitive automationmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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