
Cognitive Services Market by Service Type (Cloud & Web-Based Application Programming Interfaces (APIs), Cognitive Risk Intelligence, Communication Monitoring), Technology (Machine Learning & Deep Learning, Natural Language Processing (NLP)), Organization
Description
Cognitive Services Market by Service Type (Cloud & Web-Based Application Programming Interfaces (APIs), Cognitive Risk Intelligence, Communication Monitoring), Technology (Machine Learning & Deep Learning, Natural Language Processing (NLP)), Organization Size, Vertical - Global Forecast 2024-2030
The Cognitive Services Market size was estimated at USD 14.94 billion in 2023 and expected to reach USD 20.24 billion in 2024, at a CAGR 35.75% to reach USD 126.95 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Cognitive Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cognitive Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Cognitive Services Market, highlighting leading vendors and their innovative profiles. These include Adobe Inc., Amazon Web Services, Inc., Cisco Systems Inc., Enterra Solutions LLC, Expert System S.p.A., Google LLC by Alphabet Inc., HCL Technologies Limited, Hewlett Packard Enterprise Development LP, Infosys Limited, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Nokia Corporation, Nuance Communications Inc., Numenta Inc., Oracle Corporation, Salesforce Inc., SAP SE, SAS Institute Inc., Softweb Solutions Inc., TATA Consultancy Services Limited, ThoughtSpot Inc., TIBCO Software Inc., Verint Systems Inc., and Wipro Limited.
Market Segmentation & Coverage
This research report categorizes the Cognitive Services Market to forecast the revenues and analyze trends in each of the following sub-markets:
Service Type
Cloud & Web-Based Application Programming Interfaces (APIs)
Cognitive Risk Intelligence
Communication Monitoring
Consulting & Advisory
Data Integration & Cognitive Automation
Data Transformation
Knowledge Management
Training & Support
Technology
Machine Learning & Deep Learning
Natural Language Processing (NLP)
Organization Size
Large Enterprises
SMEs
Vertical
Banking, Financial Services, & Insurance (BFSI)
Education
Government
Healthcare
IT & Telecommunication
Manufacturing
Retail
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Cognitive Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cognitive Services Market?
3. What are the technology trends and regulatory frameworks in the Cognitive Services Market?
4. What is the market share of the leading vendors in the Cognitive Services Market?
5. Which modes and strategic moves are suitable for entering the Cognitive Services Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
184 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Cognitive Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing use of advanced analytics to provide personalized experience
- 5.1.1.2. Increasing adoption of natural language processing technologies
- 5.1.1.3. Proliferation of big data and IoT across businesses worldwide
- 5.1.2. Restraints
- 5.1.2.1. Interoperability and integration issues in cognitive services
- 5.1.3. Opportunities
- 5.1.3.1. Integration of cognitive services with virtual and augmented reality
- 5.1.3.2. Emerging use of cognitive services in healthcare sector
- 5.1.4. Challenges
- 5.1.4.1. Data breach and security concerns associated with the use of cognitive services
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Cognitive Services Market, by Service Type
- 6.1. Introduction
- 6.2. Cloud & Web-Based Application Programming Interfaces (APIs)
- 6.3. Cognitive Risk Intelligence
- 6.4. Communication Monitoring
- 6.5. Consulting & Advisory
- 6.6. Data Integration & Cognitive Automation
- 6.7. Data Transformation
- 6.8. Knowledge Management
- 6.9. Training & Support
- 7. Cognitive Services Market, by Technology
- 7.1. Introduction
- 7.2. Machine Learning & Deep Learning
- 7.3. Natural Language Processing (NLP)
- 8. Cognitive Services Market, by Organization Size
- 8.1. Introduction
- 8.2. Large Enterprises
- 8.3. SMEs
- 9. Cognitive Services Market, by Vertical
- 9.1. Introduction
- 9.2. Banking, Financial Services, & Insurance (BFSI)
- 9.3. Education
- 9.4. Government
- 9.5. Healthcare
- 9.6. IT & Telecommunication
- 9.7. Manufacturing
- 9.8. Retail
- 10. Americas Cognitive Services Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Cognitive Services Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Cognitive Services Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Adobe Inc.
- 14.1.2. Amazon Web Services, Inc.
- 14.1.3. Cisco Systems Inc.
- 14.1.4. Enterra Solutions LLC
- 14.1.5. Expert System S.p.A.
- 14.1.6. Google LLC by Alphabet Inc.
- 14.1.7. HCL Technologies Limited
- 14.1.8. Hewlett Packard Enterprise Development LP
- 14.1.9. Infosys Limited
- 14.1.10. Intel Corporation
- 14.1.11. International Business Machines Corporation
- 14.1.12. Microsoft Corporation
- 14.1.13. Nokia Corporation
- 14.1.14. Nuance Communications Inc.
- 14.1.15. Numenta Inc.
- 14.1.16. Oracle Corporation
- 14.1.17. Salesforce Inc.
- 14.1.18. SAP SE
- 14.1.19. SAS Institute Inc.
- 14.1.20. Softweb Solutions Inc.
- 14.1.21. TATA Consultancy Services Limited
- 14.1.22. ThoughtSpot Inc.
- 14.1.23. TIBCO Software Inc.
- 14.1.24. Verint Systems Inc.
- 14.1.25. Wipro Limited
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. COGNITIVE SERVICES MARKET RESEARCH PROCESS
- FIGURE 2. COGNITIVE SERVICES MARKET SIZE, 2023 VS 2030
- FIGURE 3. COGNITIVE SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. COGNITIVE SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. COGNITIVE SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. COGNITIVE SERVICES MARKET DYNAMICS
- FIGURE 7. COGNITIVE SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2030 (%)
- FIGURE 8. COGNITIVE SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. COGNITIVE SERVICES MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
- FIGURE 10. COGNITIVE SERVICES MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. COGNITIVE SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
- FIGURE 12. COGNITIVE SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. COGNITIVE SERVICES MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
- FIGURE 14. COGNITIVE SERVICES MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES COGNITIVE SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES COGNITIVE SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. COGNITIVE SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. COGNITIVE SERVICES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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