MARKET OVERVIEW
Cognitive computing refers to the usage of hardware and software for imitating the personality of a human being and aiding in the decision making process. Cognitive computing aids in expanding human judgment by gathering and analyzing data from various sources and then provides a solution, which is most relevant to the problem in hand. Cognitive computing has various applications such as sentiment analysis and risk assessment. Sentiment analysis is often utilized by social media platforms to gauge the mood of their users while risk assessment often aids financial institutes in asserting the risks involved in granting a loan. Growing implementation of IoT (Internet of Things) devices, coupled with increasing complexity of data, has broadened the opportunities for cognitive computing solution providers.
MARKET SCOPE AND REPORT FEATURES
Our report on "Global Cognitive Computing Market Analysis to 2028" encapsulate a detailed market analysis on key segments such as type and applications of Cognitive Computing Market, and a deep dive statistical and qualitative analysis by geography covering five key regions and several countries. As a part of qualitative analysis report offers evaluation of key market dynamics such prevailing market driver, key challenges and opportunities that pave the path for future developments. Further, our analysis on the key competition provide a strategic view point on the market initiatives, SWOT analysis, and highlights on the products and service developments of the players.
MARKET SEGMENTATION
Global Cognitive Computing Market – By Deployment
- ?On-Premise?Hybrid?Cloud
Global Cognitive Computing Market – By Application
- ?Chatbot?Sentiment Analysis?Risk Assessment?Others (Face Detection, Fraud Detection etc.)
Global Cognitive Computing Market – By Enterprise Size
- ?Large Enterprises?Small and Medium Enterprises (SMEs)
Global Cognitive Computing Market – By Industry
- ?Banking, Financial Services & Insurance (BFSI)?Government & Defense?Healthcare?Information Technology (IT) & Telecom?Retail?Others
MARKET DYNAMICS
REGIONAL INSIGHTS
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2022 to 2028 with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The cognitive computing market by each region is later sub segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.
MARKET PLAYERS
The report covers key developments in the Cognitive Computing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cognitive computing market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cognitive computing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ?Alphabet, Inc.?Amazon Web Services, Inc.?Cisco Systems, Inc.?IBM Corporation ?Microsoft Corporation?Oracle Corporation?SAP SE?SparkCognition?Tata Consultancy Services?Wipro Ltd.
REPORT HIGHLIGHTS
Our report on Cognitive Computing Market cover following key parameters:
- ?Comprehensive market analysis at global, regional and country level?Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America?Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term?Market size and forecasts in terms of revenue; 2020 (historic), 2021 (base year), 2022 – 28 (forecast period)?In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions?Key company profiles and industry landscape to provide latest market initiatives and competitive landscape?Impact of COVID`19 pandemic on ecosystem and the market
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.