Press release
Cognitive Services Market at a CAGR of 46.5% by Top Vendors Analysis (IBM, Attivio, Amazon Web Services, Inc., Qualcomm Technologies, Inc., Nuance Communications, Inc., Apple Inc., Tata Consultancy Services Limited., Nokia., Expert System S.p.A., Verbio T
Global Cognitive Services Market
Global Cognitive Services Market report offers a comprehensive valuation of the market. It does so via in-depth comprehensions, appreciative market growth by following past developments, and analyzing the present situation and future forecasts based on progressive and likely states.
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Global Cognitive Services Market is expected to reach USD 2.1 billion by 2025 from USD 18.53 billion in 2017 and is projected to grow at a CAGR of 46.5% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Global Cognitive Services Market 2018 report gives a brief summary of definitions, applications, types and leading key players of Global Cognitive Services industry. It provides complete, professional, and extensive analysis of Global Cognitive Services Market. key trends, market drivers, standardization, deployment models, challenges, opportunities, circumstances and business competition design is also discussed in the report.
Key Players: Global Cognitive Services Market
The renowned players in cognitive services market are
• IBM, Attivio,
• Amazon Web Services, Inc.,
• Qualcomm Technologies, Inc.,
• Nuance Communications, Inc.,
• Apple Inc.,
• Tata Consultancy Services Limited.,
• Nokia.,
• Expert System S.p.A.,
• Verbio Technologies,
• Softweb Solutions Inc,
• Folio3 Software Inc.,
• Inbenta Technologies Inc.,
• Microsoft,
• SONY, Inc.,
• BMC Software, Inc.,
• IPsoft Inc.,
• CognitiveScale. and among others.
Market Drivers and Restraints:
• Rising growth in aligning organizational core work with business objectives
• Growth in data volumes creating demand for cognitive services demand for graphics software in business processes.
• Stringent external regulations across regions.
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Competitive Analysis: Global Cognitive Services Market
The global cognitive Services market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of cognitive services market for global, Europe, North America, Asia Pacific and South America.
Market Segmentation: Global Cognitive Services Market
The market is based on:-
• Technology,
• Service Type,
• Deployment Mode,
• Application And
• Geographical Segments.
Based on technology, the market is segmented into:-
• Machine Learning And
• Deep Learning,
• Natural Language Processing.
Based on service type, the market is segmented into:-
• Cloud And Web-Based Application Programming Interface,
• Data Transformation,
• Knowledge Management,
• Data Integration And Cognitive Automation,
• Cognitive Risk Intelligence,
• Consulting and Advisory,
• Training and Support,
• Communication Monitoring and others.
Based on deployment mode, the market is segmented into:-
• Cloud and
• On-Premises.
Based on application, the market is segmented into:-
• Marketing Analysis,
• Predictive Maintenance,
• Supply Chain Management,
• Quality Management Investigation and
• Recommendation Safety and Security Management,
• Diagnosis and Treatment System.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific and
• Middle East & Africa.
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• Current and future of global radiology services market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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