Cognitive Analytics Market to Observe Strong Development of 40.0% CAGR by 2023 | Global Key Players – Google, Oracle, SAS Institute, IBM, Amazon (AWS), Microsoft, Cisco, Sinequa

Marketprognosis.com Publish a New Market Research Report On “Global Cognitive Analytics Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Cognitive Analytics Market:

The Global Cognitive Analytics Market is expected to grow at a CAGR of over 40% during the forecast period (2018 - 2023).

The market for Cognitive Analytics is increasing at significant momentum across the world, thanks to the constant advancements of predictive analytics and workplace performance enhancements. The global cognitive analytics market demand is expected to grow with the increasing adoption of internet of things (IOT), which are driving the cognitive analytics market growth to the large extent. Cognitive analytics helps in bridging the gap between large data volumes and need for decision making in real time.

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The accelerated rise of Big Data and cloud computing, has made cognitive analytics more accessible and accurate results to various end-use industries at large, including the healthcare sector which has the highest growth demand. As the increase in the burden of chronic diseases, advancements in technology in the healthcare industry and increasing clinical tests have generated the significant need for data assimilation and advanced data analytics to know the different patterns of the disease and find out the new drug. Together with data mining, natural language processing (NLP) systems, and other aspects of machine learning technologies, which is used to find out the valuable insights from the unstructured data. On the other hand, cognitive analytics has enhanced patient engagement and improved access to services. Researchers are leveraging the potential of cognitive solutions to make clinical trials more comprehensive and useful, unlocking abundant exciting prospects in the healthcare industry.

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North America is estimated to have the largest share of the Cognitive Analytics Market due to technological advancements and the early adoption of analytical solutions in this region. The APAC region is projected to have the fastest growth in demand, during the forecast period (2018-2023), owing to rising geriatric population, increasing healthcare expenditure, growing public and private investments in the healthcare sector to counter the unmet medical needs, and growing pharmaceutical industry in the region. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), people aged 65 years and above in Asian countries are expected to increase by nearly two and half times in the next decades to reach 20.5% in 2050. Since the elderly generally need help in meeting their medication needs, including keeping track of their visits to the doctor, exercise reminders, medication timings, and dietary recommendations, there is ample scope for the healthcare cognitive analytics market to flourish in the region which will provide valuable insights from the complex data.

Major Key Players:

1 Google LLC

2 Oracle Corporation

3 SAS Institute

4 IBM Corporation

5 Amazon (Amazon Web Services)

6 Microsoft Corporations

7 Cisco Systems

8 Sinequa

9 Narrative Science and More……………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Cognitive Analytics Market.

Table of Contents:

1 Introduction

2 Cognitive Analytics Market Research Methodology

3 Executive Summary

4 Cognitive Analytics Market Insights

5 Cognitive Analytics Market Dynamics

6 Global Cognitive Analytics Market

7 Vendor Market Share

8 Competitive Intelligence - Company Profiles

9 Investment Analysis

10 Future of Global Cognitive Analytics Market

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