Market Research Logo

Cognitive Services - Global Market Outlook (2017-2026)

Cognitive Services - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Cognitive Services Market is accounted for $2.15 billion in 2017 and is expected to reach $40.26 billion by 2026 growing at a CAGR of 38.5% during the forecast period. Factors such as growing use of cognitive services across different industries and increasing demand for intelligent APIs to build smarter applications are some key factors propelling the market growth. However, stringent external regulations across regions and lack of awareness across the industry are hampering the market growth.

Cognitive Services are a set of machine learning algorithms that has been developed to explain problems in the field of Artificial Intelligence (AI). Cognitive services offer an organized way to reach business objectives by dropping the efforts essential to work on recurring tasks. The growing data is becoming crucial and organizations are majorly focusing on the addition of cognitive capabilities with their applications to analyze their data. The objective of Cognitive Services is to democratize AI by packaging it into distinct components that are simple for developers to use in their own apps. Web and Universal Windows Platform developers can consume these algorithms through standard REST calls over the Internet to the Cognitive Services APIs.

By Deployment Mode, Cloud segment held considerable market share during predicted period. They are flexible and easily available for enterprises to installing the necessary software and are leveraged remotely by enterprises. Cognitive service providers are focusing on the expansion of robust cloud-based solutions for their users, as many organizations have started adopting the cloud model. Based on geography, Asia Pacific is expected to dominate the market during the forecast period. The enterprises in this region are using cognitive services to make insights from large volumes of data to enhance business processes and increase in investments for cognitive technologies across the region.

Some of the key players profiled in the cognitive services market include IBM, Apple, AWS, Baidu, Cognitivescale, Expert System, Folio3 Software, Fusion Informatics, Google, Inbenta, Ipsoft, Microsoft, Nokia, Nuance Communications, Qualcomm Technologies, SAS, Softweb Solutions, TCS and Verbio Technologies.

Applications Covered:
• Diagnosis and Treatment System
• Marketing Analysis
• Predictive Maintenance
• Quality Management Investigation and Recommendation
• Safety and Security Management
• Supply Chain Management
• Other Applications

Deployment Modes Covered:
• On-Premises
• Cloud

Organisation Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises

Service Types Covered:
• Cloud and Web-Based Application Programming Interface
• Cognitive Risk Intelligence
• Communication Monitoring
• Consulting and Advisory
• Data Integration and Cognitive Automation
• Data Transformation
• Knowledge Management
• Training and Support
• Other Service Types

End User Covered:
• Manufacturing
• Government and Education
• Healthcare
• IT and Telecommunication
• Banking, Financial Services, and Insurance
• Retail
• Other End Users

Technologies Covered:
• Natural Language Processing
• Machine Learning and Deep Learning

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Technology Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cognitive Services Market, By Application
5.1 Introduction
5.2 Diagnosis and Treatment System
5.3 Marketing Analysis
5.4 Predictive Maintenance
5.5 Quality Management Investigation and Recommendation
5.6 Safety and Security Management
5.7 Supply Chain Management
5.8 Other Applications
6 Global Cognitive Services Market, By Deployment Mode
6.1 Introduction
6.2 On-Premises
6.3 Cloud
7 Global Cognitive Services Market, By Organisation Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises
8 Global Cognitive Services Market, By Service Type
8.1 Introduction
8.2 Cloud and Web-Based Application Programming Interface
8.3 Cognitive Risk Intelligence
8.4 Communication Monitoring
8.5 Consulting and Advisory
8.6 Data Integration and Cognitive Automation
8.7 Data Transformation
8.8 Knowledge Management
8.9 Training and Support
8.10 Other Service Types
9 Global Cognitive Services Market, By End User
9.1 Introduction
9.2 Manufacturing
9.3 Government and Education
9.4 Healthcare
9.5 IT and Telecommunication
9.6 Banking, Financial Services, and Insurance
9.7 Retail
9.8 Other End Users
10 Global Cognitive Services Market, By Technology
10.1 Introduction
10.2 Natural Language Processing
10.3 Machine Learning and Deep Learning
10.3.1 Facial Recognition
10.3.2 Emotion Detection
11 Global Cognitive Services Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 IBM
13.2 Apple
13.3 AWS
13.4 Baidu
13.5 Cognitivescale
13.6 Expert System
13.7 Folio3 Software
13.8 Fusion Informatics
13.9 Google
13.10 Inbenta
13.11 Ipsoft
13.12 Microsoft
13.13 Nokia
13.14 Nuance Communications
13.15 Qualcomm Technologies
13.16 SAS
13.17 Softweb Solutions
13.18 TCS
13.19 Verbio Technologies
List of Tables
Table 1 Global Cognitive Services Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Cognitive Services Market Outlook, By Application (2016-2026) (US $MN)
Table 3 Global Cognitive Services Market Outlook, By Diagnosis and Treatment System (2016-2026) (US $MN)
Table 4 Global Cognitive Services Market Outlook, By Marketing Analysis (2016-2026) (US $MN)
Table 5 Global Cognitive Services Market Outlook, By Predictive Maintenance (2016-2026) (US $MN)
Table 6 Global Cognitive Services Market Outlook, By Quality Management Investigation and Recommendation (2016-2026) (US $MN)
Table 7 Global Cognitive Services Market Outlook, By Safety and Security Management (2016-2026) (US $MN)
Table 8 Global Cognitive Services Market Outlook, By Supply Chain Management (2016-2026) (US $MN)
Table 9 Global Cognitive Services Market Outlook, By Other Applications (2016-2026) (US $MN)
Table 10 Global Cognitive Services Market Outlook, By Deployment Mode (2016-2026) (US $MN)
Table 11 Global Cognitive Services Market Outlook, By On-Premises (2016-2026) (US $MN)
Table 12 Global Cognitive Services Market Outlook, By Cloud (2016-2026) (US $MN)
Table 13 Global Cognitive Services Market Outlook, By Organisation Size (2016-2026) (US $MN)
Table 14 Global Cognitive Services Market Outlook, By Large Enterprises (2016-2026) (US $MN)
Table 15 Global Cognitive Services Market Outlook, By Small and Medium-Sized Enterprises (2016-2026) (US $MN)
Table 16 Global Cognitive Services Market Outlook, By Service Type (2016-2026) (US $MN)
Table 17 Global Cognitive Services Market Outlook, By Cloud and Web-Based Application Programming Interface (2016-2026) (US $MN)
Table 18 Global Cognitive Services Market Outlook, By Cognitive Risk Intelligence (2016-2026) (US $MN)
Table 19 Global Cognitive Services Market Outlook, By Communication Monitoring (2016-2026) (US $MN)
Table 20 Global Cognitive Services Market Outlook, By Consulting and Advisory (2016-2026) (US $MN)
Table 21 Global Cognitive Services Market Outlook, By Data Integration and Cognitive Automation (2016-2026) (US $MN)
Table 22 Global Cognitive Services Market Outlook, By Data Transformation (2016-2026) (US $MN)
Table 23 Global Cognitive Services Market Outlook, By Knowledge Management (2016-2026) (US $MN)
Table 24 Global Cognitive Services Market Outlook, By Training and Support (2016-2026) (US $MN)
Table 25 Global Cognitive Services Market Outlook, By Other Service Types (2016-2026) (US $MN)
Table 26 Global Cognitive Services Market Outlook, By End User (2016-2026) (US $MN)
Table 27 Global Cognitive Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
Table 28 Global Cognitive Services Market Outlook, By Government and Education (2016-2026) (US $MN)
Table 29 Global Cognitive Services Market Outlook, By Healthcare (2016-2026) (US $MN)
Table 30 Global Cognitive Services Market Outlook, By IT and Telecommunication (2016-2026) (US $MN)
Table 31 Global Cognitive Services Market Outlook, By Banking, Financial Services, and Insurance (2016-2026) (US $MN)
Table 32 Global Cognitive Services Market Outlook, By Retail (2016-2026) (US $MN)
Table 33 Global Cognitive Services Market Outlook, By Other End Users (2016-2026) (US $MN)
Table 34 Global Cognitive Services Market Outlook, By Technology (2016-2026) (US $MN)
Table 35 Global Cognitive Services Market Outlook, By Natural Language Processing (2016-2026) (US $MN)
Table 36 Global Cognitive Services Market Outlook, By Machine Learning and Deep Learning (2016-2026) (US $MN)
Table 37 Global Cognitive Services Market Outlook, By Facial Recognition (2016-2026) (US $MN)
Table 38 Global Cognitive Services Market Outlook, By Emotion Detection (2016-2026) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report