Cognitive Computing Market Size, Insights, Trends, Outlook to 2025 | Top Key Players: Saffron Technology, Cognitive Scale, Microsoft Corporation, Cold Light, Google, IBM, Palantir, Numenta, Vicarious, Enterra Solutions
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Cognitive Computing is defined as the technology based on the principle of artificial intelligence, signal processing, machine learning, and natural language processing (NLP) among others technology. It brings human like intelligence for a many business applications which will include big data. Cognitive Computing is a well-known technology basically specialized for processing and analyzing large and unstructured datasets. The major drivers of the cognitive computing market are the advancements in computing platforms like cloud, mobile, and big data analytics which will drive the growth of the market in the forecast period.
The factor that can act as a restraint in the growth of the market is increasing cost of installing cognitive computing systems and the government and compliance issues may hamper the cognitive computing market. However, the increasing big and complex datasets, rise in the adoption of cloud-based technology will create new opportunities in the market of cognitive computing in the forecast period.
Leading Cognitive Computing Market Players:
1. Saffron Technology
2. Cognitive Scale
3. Microsoft Corporation
4. Cold Light
10. Enterra Solutions
As leading companies in Cognitive Computing market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cognitive computing market based on technology, deployment type, enterprise size, and application. It also provides market size and forecast till 2025 for overall cognitive computing market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Also, key cognitive computing market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global cognitive computing Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the cognitive computing Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Contact: Sameer Joshi
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