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Global Cognitive Computing Market SWOT Analysis to 2025 Lead By Saffron Technology, Cognitive Scale, Microsoft, Cold Light, Google, IBM, Palantir, Numenta, Vicarious and Enterra Solutions
Global Cognitive Computing Market
Some of the key players influencing the market Saffron Technology, Cognitive Scale, Microsoft Corporation, Cold Light, Google, IBM, Palantir, Numenta, Vicarious, and Enterra Solutions among others.
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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.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
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.
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