
North America Cognitive Analytics Market Size, Share & Trends Analysis Report By Deployment Type (On-premise and Cloud), By Type, By Application, By Organization Size, By Vertical, By Country and Growth Forecast, 2024 - 2031
Description
North America Cognitive Analytics Market Size, Share & Trends Analysis Report By Deployment Type (On-premise and Cloud), By Type, By Application, By Organization Size, By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Cognitive Analytics Market would witness market growth of 29.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cognitive Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,832.9 million by 2031. The Canada market is experiencing a CAGR of 32.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 31.5% during (2024 - 2031).
This market is evolving rapidly, driven by the growing demand for advanced data analysis capabilities in various industries. With the integration of artificial intelligence (AI), machine learning (ML), and natural language processing (NLP), these analytics has emerged as a transformative force, offering businesses deeper insights, enhanced decision-making abilities, and the potential to drive innovation across multiple sectors.
These analytics finds applications across a broad range of industries. These applications are being driven by the need for businesses to manage increasing volumes of data while extracting actionable insights. These analytics has found tremendous utility in healthcare, particularly predictive diagnostics, patient care management, and personalized treatment.
The expanding telecommunications sector in Mexico and the significant healthcare investment in Canada are both expected to have a profound impact on the growth of this market in these regions. In Mexico, the telecommunications sector has been a key driver of economic growth, particularly with the increasing number of mobile phone users and internet subscribers. In Canada, the government’s $198.6 billion investment in healthcare over the next decade is expected to significantly influence the demand for these analytics in the healthcare sector. With a focus on improving healthcare services and supporting Indigenous priorities, Canada will likely see a major shift towards digitalizing health services. These analytics can assist in transforming healthcare systems by enabling better patient outcomes through predictive analytics, personalized treatment plans, and optimizing hospital management. In conclusion, the growing telecom sector in Mexico and Canada’s healthcare investments are key drivers of cognitive analytics adoption, offering significant opportunities for market growth in both countries.
Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Tools and Services (Managed Services and Professional Services). Based on Application, the market is segmented into Sales & Marketing, Fraud & Risk Management, Asset Maintenance, Supply Chain Management, and Other Application. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Retail & Consumer Goods, Energy & Utilities, Healthcare, Telecom & IT, Government, Education, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IBM Corporation
- Oracle Corporation
- SAP SE
- Microsoft Corporation
- SAS Institute Inc.
- Cisco Systems, Inc.
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
- Salesforce, Inc.
- Google LLC (Alphabet Inc.)
- Hewlett Packard Enterprise Company
By Deployment Type
- On-premise
- Cloud
- Tools
- Services
- Managed Services
- Professional Services
- Sales & Marketing
- Fraud & Risk Management
- Asset Maintenance
- Supply Chain Management
- Other Application
- Large Enterprises
- Small & Medium Enterprises
- BFSI
- Retail & Consumer Goods
- Energy & Utilities
- Healthcare
- Telecom & IT
- Government
- Education
- Other Vertical
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
156 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Cognitive Analytics Market, by Deployment Type
- 1.4.2 North America Cognitive Analytics Market, by Type
- 1.4.3 North America Cognitive Analytics Market, by Application
- 1.4.4 North America Cognitive Analytics Market, by Organization Size
- 1.4.5 North America Cognitive Analytics Market, by Vertical
- 1.4.6 North America Cognitive Analytics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Mar – 2024, May) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Cognitive Analytics Market by Deployment Type
- 5.1 North America On-premise Market by Region
- 5.2 North America Cloud Market by Region
- Chapter 6. North America Cognitive Analytics Market by Type
- 6.1 North America Tools Market by Country
- 6.2 North America Services Market by Country
- 6.3 North America Cognitive Analytics Market by Services Type
- 6.3.1 North America Managed Services Market by Country
- 6.3.2 North America Professional Services Market by Country
- Chapter 7. North America Cognitive Analytics Market by Application
- 7.1 North America Sales & Marketing Market by Country
- 7.2 North America Fraud & Risk Management Market by Country
- 7.3 North America Asset Maintenance Market by Country
- 7.4 North America Supply Chain Management Market by Country
- 7.5 North America Other Application Market by Country
- Chapter 8. North America Cognitive Analytics Market by Organization Size
- 8.1 North America Large Enterprises Market by Country
- 8.2 North America Small & Medium Enterprises Market by Country
- Chapter 9. North America Cognitive Analytics Market by Vertical
- 9.1 North America BFSI Market by Country
- 9.2 North America Retail & Consumer Goods Market by Country
- 9.3 North America Energy & Utilities Market by Country
- 9.4 North America Healthcare Market by Country
- 9.5 North America Telecom & IT Market by Country
- 9.6 North America Government Market by Country
- 9.7 North America Education Market by Country
- 9.8 North America Other Vertical Market by Country
- Chapter 10. North America Cognitive Analytics Market by Country
- 10.1 US Cognitive Analytics Market
- 10.1.1 US Cognitive Analytics Market by Deployment Type
- 10.1.2 US Cognitive Analytics Market by Type
- 10.1.2.1 US Cognitive Analytics Market by Services Type
- 10.1.3 US Cognitive Analytics Market by Application
- 10.1.4 US Cognitive Analytics Market by Organization Size
- 10.1.5 US Cognitive Analytics Market by Vertical
- 10.2 Canada Cognitive Analytics Market
- 10.2.1 Canada Cognitive Analytics Market by Deployment Type
- 10.2.2 Canada Cognitive Analytics Market by Type
- 10.2.2.1 Canada Cognitive Analytics Market by Services Type
- 10.2.3 Canada Cognitive Analytics Market by Application
- 10.2.4 Canada Cognitive Analytics Market by Organization Size
- 10.2.5 Canada Cognitive Analytics Market by Vertical
- 10.3 Mexico Cognitive Analytics Market
- 10.3.1 Mexico Cognitive Analytics Market by Deployment Type
- 10.3.2 Mexico Cognitive Analytics Market by Type
- 10.3.2.1 Mexico Cognitive Analytics Market by Services Type
- 10.3.3 Mexico Cognitive Analytics Market by Application
- 10.3.4 Mexico Cognitive Analytics Market by Organization Size
- 10.3.5 Mexico Cognitive Analytics Market by Vertical
- 10.4 Rest of North America Cognitive Analytics Market
- 10.4.1 Rest of North America Cognitive Analytics Market by Deployment Type
- 10.4.2 Rest of North America Cognitive Analytics Market by Type
- 10.4.2.1 Rest of North America Cognitive Analytics Market by Services Type
- 10.4.3 Rest of North America Cognitive Analytics Market by Application
- 10.4.4 Rest of North America Cognitive Analytics Market by Organization Size
- 10.4.5 Rest of North America Cognitive Analytics Market by Vertical
- Chapter 11. Company Profiles
- 11.1 IBM Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional & Segmental Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Acquisition & Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Microsoft Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.6 SWOT Analysis
- 11.3 Oracle Corporation
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations & Agreements:
- 11.3.5.2 Product Launches and Product Expansions:
- 11.3.6 SWOT Analysis
- 11.4 SAP SE
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional Analysis
- 11.4.4 Research & Development Expense
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Product Launches and Product Expansions:
- 11.4.6 SWOT Analysis
- 11.5 SAS Institute, Inc.
- 11.5.1 Company Overview
- 11.5.2 Recent strategies and developments:
- 11.5.2.1 Partnerships, Collaborations, and Agreements:
- 11.5.3 SWOT Analysis
- 11.6 Salesforce, Inc.
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.6 SWOT Analysis
- 11.7 Cisco Systems, Inc.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Acquisition and Mergers:
- 11.7.6 SWOT Analysis
- 11.8 Tibco Software, Inc. (Vista Equity Partners Management, LLC)
- 11.8.1 Company Overview
- 11.8.2 Recent strategies and developments:
- 11.8.2.1 Acquisition and Mergers:
- 11.8.3 SWOT Analysis
- 11.9 Google LLC (Alphabet Inc.)
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Partnerships, Collaborations, and Agreements:
- 11.9.5.2 Acquisition and Mergers:
- 11.9.6 SWOT Analysis
- 11.10. Hewlett Packard Enterprise Company
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 SWOT Analysis
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