Global Cognitive Computing Market - 2019-2026

Global Cognitive Computing Market - 2019-2026

Market Overview
The global Cognitive Computing Market expected to reach $XX billion by 2026, at a CAGR of over 21% during the forecast period. Cognitive computing helps to process volumes of complex data, thereby inadvertently enhancing the enterprise's productivity levels. Cognitive computing is considered as a next-generation system that converses in human language and helps experts to make better decisions by understanding the complexities of big data. In the current scenario, most of the data received is unstructured such as images, videos, natural language, and symbols. Increasing volume of unstructured data and advancements in technology are the major driving forces of the market.
Cognitive computing systems are typical combination of hardware and software that constitute natural language processing (NLP) and machine language, and have capability to collect, process, and interpret the dark data available with business organizations. Cognitive computing systems works exactly the phenomena of how a human brain works. These systems can process natural language, unstructured data, and can learn from experiences in similar way a human being do.
The report covers all the major trends and drivers playing a vital role in the growth of the global Cognitive Computing Market. The market has been segmented based on region, deployment, application, and technology.
Market Dynamics
The global Cognitive Computing Market growth is primarily driven by the presence of enormous data with business organizations in the form of human language, videos and pictures which contain valuable information. Hence, to process this data, there is a strong need for cognitive analytic technologies such as NLP and machine learning. This immensely help business organizations to control the risk associated with their business. Therefore, growing need to process unstructured and complex dark data set is expected to further boost global cognitive computing market over the forecast period.
In addition, rise in penetration of cloud-based solutions, growth associated with artificial intelligence and machine learning, and increase in market for prediction solutions also fuel the demand for cognitive computing.
However, dearth of trained professionals is expected to restrain the cognitive computing market growth during the forecast period.
Market Segment Analysis
By deployment, the global Cognitive Computing Market is segmented into cloud -based solutions and on-premise solutions. In 2018, cloud deployment segment accounted for the largest market share in the global market. Cloud technology enables developers to adopt Agile workflows, significantly reducing lead times in testing and deploying new products and releasing product updates. Cloud-based technological advancements, development of innovative hardware and software systems and cognitive experience interfaces would foster the growth of the cognitive computing market.
By vertical, the global Cognitive Computing Market is segmented into BFSI, Healthcare & Life sciences, Telecommunications and ITES, Government and Public sector, and Others. In 2018, BFSI vertical accounted for the majority share in the market. The BFSI is the most targeted industry vertical, as it deals with large volumes of sensitive and private financial data. The impact of this factor is expected to be higher in future, since machine-learning algorithms are anticipated to be used for preventing payment frauds and cyberterrorism. Furthermore, cognitive computing is anticipated to have a strong impact on healthcare advancements and lead to more accurate treatments and prevention of medical conditions.
Regional Analysis
By geography, the global Cognitive Computing Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, North America accounted for the largest market share. However, APAC is expected to witness a higher CAGR than other regions during the forecast period. North America is a matured market in terms of cognitive computing adoption, due to various factors, such as standards, regulations, advanced IT infrastructure, the presence of a large number of enterprises, and the availability of proficient technical expertise. Therefore, North America is expected to grow at a steady and maintain its dominant position in the global market over the forecast period.
APAC Cognitive Computing Market is expected to grow exponentially over the forecast period due to an increased demand for cloud computing among small and medium-sized enterprises (SMEs). Countries like Singapore, which has seen ICT infrastructure as a key enabler in boosting the overall competitiveness in the region, based on creating new industries and new businesses, thereby encouraging economic growth. The city-state boasts a prime position among its neighbors’ when it comes to cloud computing adoption. In India, at present, it does not have a mature ecosystem that supports cloud IaaS services.
Competitive Analysis
Global Cognitive Computing Market is moderately concentrated with the presence of global and few regional players in the market. Major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability.
Some major players in the market are IBM, Microsoft, Google, Palantir, Saffron Technology, Cognitive Scale, Numenta, Vicarious, Enterra Solutions, Cold Light, and among others. These players have adopted various strategies, such as new product/service developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global Cognitive Computing Market.
In June 2019, CognitiveScale Inc., an Enterprise AI software pioneer, has expanded its strategic relationship with Microsoft to further accelerate adoption of CognitiveScale’s Cortex software amongst businesses using Microsoft Azure.
Why Purchase the Report?
• Identify new growth opportunities with In-depth insights for strategic business plans and design innovative strategies for sustainable growth.
• Comprehensive details on factors that will drive or challenge the growth of market players.
• Deep Sector-Specific Intelligence
• Attractiveness and consumer behavior analysis for every region
• Highlights of the competitive landscape

Target Audience
:
• Cloud service providers
• System integrators
• Government agencies
• Independent software vendors
• Small and medium enterprises who would like to lessen their operational costs
• Software application developers
• Vendors who supply internet connection
• Enterprises and businesses that require business-specific applications based on demand
**The Global Cognitive Computing Market report would provide an access to an approx, 71 market data table, 65 figures and 150 pages.


1. Global Cognitive Computing Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Repor
2. Global Cognitive Computing Market – Market Definition and Overview
3. Global Cognitive Computing Market – Executive Summary
3.1 Market Snippet by Deploymen
3.2 Markey Snippet by Applicatio
3.3 Market Snippet by Technolog
3.4 Market Snippet by Regio
4 Global Cognitive Computing Market – Market Dynamics
4.1 Market Impacting Factor
4.1.1 Driver
4.1.1.1 Rise in the adoption of hybrid cloud solution
4.1.2 Restraint
4.1.2.1 Complexities in redesigning networks for the clou
4.2 Market Opportunitie
4.3 Impact Analysi
5 Global Cognitive Computing Market – Industry Analysis
5.1 Porter's Five Forces Analysis
6 Global Cognitive Computing Market – By Deployment
6.1 Introductionn
6.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deploymen
6.1.2 Market Attractiveness Index, By Deploymen
6.2 Cloud-based solutions
6.2.1 Introduction
6.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%
6.3 On-premise solution
7 Global Cognitive Computing Market – By Application
7.1 Introductionn
7.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
7.1.2 Market Attractiveness Index, By Applicatio
7.2 BFSI
7.2.1 Introduction
7.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%
7.3 Healthcare & Life sciences
7.4 Telecommunications and ITE
7.5 Consumer Goods and Retai
7.6 Government and Public secto
7.7 Other
8 Global Cognitive Computing Market – By Technology
8.1 Introductionn
8.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technolog
8.1.2 Market Attractiveness Index, By Technolog
8.2 Machine Learning
8.2.1 Introduction
8.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%
8.3 Natural Language Processin
8.4 Automated Reasonin
8.5 Others (Neural Networks, Deep Learning
9 Global Cognitive Computing Market – By Region
9.1 Introductionn
9.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Regio
9.1.2 Market Attractiveness Index, By Regio
9.2 North Americ
9.2.1 Introduction
9.2.2 Key Region-Specific Dynamic
9.2.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deploymen
9.2.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
9.2.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technolog
9.2.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countr
9.2.6.1 The U.S
9.2.6.2 Canad
9.2.6.3 Mexic
9.3 Europ
9.3.1 Introduction
9.3.2 Key Region-Specific Dynamic
9.3.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deploymen
9.3.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
9.3.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technolog
9.3.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countr
9.3.6.1 German
9.3.6.2 The U.K
9.3.6.3 Franc
9.3.6.4 Rest of Europ
9.4 South Americ
9.4.1 Introduction
9.4.2 Key Region-Specific Dynamic
9.4.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deploymen
9.4.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
9.4.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technolog
9.4.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countr
9.4.6.1 Brazi
9.4.6.2 Argentin
9.4.6.3 Rest of South Americ
9.5 Asia Pacifi
9.5.1 Introduction
9.5.2 Key Region-Specific Dynamic
9.5.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deploymen
9.5.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
9.5.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technolog
9.5.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countr
9.5.6.1 Chin
9.5.6.2 Japa
9.5.6.3 South Kore
9.5.6.4 Rest of Asia Pacifi
9.6 The Middle East and Afric
9.6.1 Introduction
9.6.2 Key Region-Specific Dynamic
9.6.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deploymen
9.6.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
9.6.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
10 Global Cognitive Computing Market – Competitive Landscape
10.1.1 Competitive Scenari
10.1.2 Market Positioning/Share Analysi
10.1.3 Mergers and Acquisitions Analysis
11 Company Profiles
11.1 Microsoft Corporation
11.1.1 Company Overvie
11.1.2 Product Portfolio and Descriptio
11.1.3 Key Highlight
11.1.4 Financial Overvie
11.2 Google LL
11.3 IBM Corporatio
11.4 Palanti
11.5 Saffron Technolog
11.6 Cognitive Scal
11.7 Nument
11.8 Vicariou
11.9 Enterra Solution
11.10 Cold Ligh
**List not Exhaustive
12 Global Cognitive Computing Market – Premium Insights
13 Global Cognitive Computing Market – DataM
13.1 Appendi
13.2 About Us and Service
13.3 Contact U

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