The cognitive operations utilize artificial intelligence to gain insights on potential issues by cognitive solutions in considerably less time. Besides, such systems enable the automation of IT & business processes to recognize patterns, analyze image and voice signals, make forecasts and optimize tasks. Modern cognitive operations are more than just simple isolated automation systems and integrate complete enterprise-class digital automation solutions.
MARKET DYNAMICS
The cognitive operations market is anticipated to grow in the forecast period owing to driving factors such as the increasing need for the monitoring of complex IT environment coupled with a shifting focus towards cloud-based cognitive operations IT solutions. However, a lack of skilled professionals may hamper the growth of the market in the future. On the other hand, a substantial market opportunity lies ahead for the players majorly due to growing demand for reducing operational costs and enhancing customer experience among various user industries.
MARKET SCOPE
The "Global Cognitive Operations Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of cognitive operations market with detailed market segmentation by components, application, enterprise size, deployment type, industry vertical and geography. The global cognitive operations market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cognitive operations market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cognitive operations market is segmented on the basis of components, application, enterprise size, deployment type and industry vertical. Based on components, the market is segmented as solutions and services. On the basis of the application, the market is segmented as IT operations analytics, application performance management, infrastructure management, network analytics, security analytics and others. Based on the enterprise size, the market is classified into large enterprises and SMEs. The market on the basis of the deployment type is classified as cloud-based and on-premises. By industry vertical, the market is segmented as BFSI, IT & telecommunications, healthcare & life sciences, media & entertainment, manufacturing, government, retail and e-commerce and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cognitive operations market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cognitive operations 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 cognitive operations 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 & Central America after evaluating political, economic, social and technological factors affecting the cognitive operations market in these regions.
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MARKET PLAYERSThe reports cover key developments in the cognitive operations 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 the way for the expansion of business and customer base of market players. The market payers from cognitive operations market are anticipated to lucrative growth opportunities in the future with the rising demand for cognitive operations in the global market. Below mentioned is the list of few companies engaged in the cognitive operations market.
The report also includes the profiles of key cognitive operations companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-AppDynamics (Cisco)
-Appnomic
-BMC Software, Inc.
-HCL Technologies LimitedÂ
-IBM Corporation
-Interlink Software Services Ltd.
-Micro Focus
-New Relic, Inc.
-ServiceNow
-Splunk Inc.
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