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Worldwide Cognitive Systems, Content Analytics, and Discovery Software Forecast, 2016–2020

Worldwide Cognitive Systems, Content Analytics, and Discovery Software Forecast, 2016–2020

This IDC study presents a view of content analytics, discovery, and cognitive systems software revenue from the historical year 2015 through to the five forecast years of 2016–2020. It includes breakdowns by cloud versus on-premise and geographic region."The cognitive systems, content analytics, and discovery software market experienced excellent growth in 2015, and we expect that to continue over the next five years. IDC forecasts the overall market to grow significantly through 2020, exceeding $10 billion in revenue, with a CAGR exceeding 17%," says David Schubmehl, research director at IDC. "Organizations are beginning to actively evaluate cognitive and content analytics solutions as part of their digital transformation strategies, and over time, intelligent applications will be embedded in almost every business process."


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Intelligent Personal Assistants
Machine Learning Improvements
Information Overload and Knowledge Worker Productivity
Inhibitors
Information Curation Tools
Complexity
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical Market Values and Exchange Rates
Forecast Market Values and Exchange Rates
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