openPR Logo
Press release

Cognitive Services Market Expected to reach $40.26 billion by 2026 - IBM, Apple, AWS, Baidu, Cognitivescale, Expert System

08-12-2019 01:24 PM CET | IT, New Media & Software

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

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.

Get Sample Copy at https://www.reportsweb.com/inquiry&RW00012168591/sample

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

Make an Inquiry https://www.reportsweb.com/inquiry&RW00012168591/buying

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

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

Get Discount on This Report at https://www.reportsweb.com/inquiry&RW00012168591/discount

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

Purchase This Complete Report at https://www.reportsweb.com/buy&RW00012168591/buy/4150

Contact Us:
Call: +1-646-491-9876
Email: sales@reportsweb.com

Pune, India

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cognitive Services Market Expected to reach $40.26 billion by 2026 - IBM, Apple, AWS, Baidu, Cognitivescale, Expert System here

News-ID: 1821209 • Views: 335

More Releases from ReportsWeb

Human Capital Management Solution Market Set for Rapid Growth during the Forecas …
Overview of Human Capital Management Solution Market Human capital administration (HCM) is a set of practices related to human resource administration. These practices are centered on the organizational have to be give particular competencies and are executed in three categories: workforce procurement, workforce administration and workforce optimization. Scope of the Report The research report titled ‘Human Capital Management Solution Market’ provides the newest industry data and industry future trends, allowing you to identify
Cable Cars and Ropeways Market to Witness a Pronounce Growth During 2025 – Top …
A Cable Car, Ropeways, aerial tramway, sky tram or aerial tram is defined as an aerial lift which uses one or two stationary supporting ropes for transporting vehicles, trolley, tram, lift, pallets etc. and third rope for providing propulsion. This form of lift maintains strong grip of fixed tramway with propulsion rope and cannot detach during operations. An electric motor is primarily deployed at the bottom of the tramway to
Brake Pad Market Outlook to 2025 | Airtex Vehicle Electronics, Automotive, BorgW …
Brake pads are used in automotive and other application and they are a component of brake disc. Brake pads are fixed in brake caliper and they helps in converting kinetic energy of vehicle into thermal energy. Increasing demand for environment friendly and light weight braking material is fueling the growth of brake pad. The major driving factor influencing the growth of brake pad is Increase in demand for safety, better performance
E-passport and E-visa Market Emerging Technological Growth, Demand and Business …
E-passport and E-visa Market research report focuses on the leading competitors and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information. Upstream raw materials and equipment and downstream demand analysis have also been carried out in this report. The report also analyses the current development trends and patterns, as well as the distribution and marketing channel. The key manufacturers

All 5 Releases


More Releases for Cognitive

Cognitive Computing: Applications and Global Markets
Cognitive computing like many IT terms is defined both by its technical capability and applications and by marketing statements. From a technical standpoint, cognitive computing is a system that uses machine learning algorithms to continually increase its knowledge from the data it receives. The learning aspect is characterized by the system continuously refining patterns in the data as well as the way data is processed. This learning allows cognitive computing
Cognitive Services – Global Market Outlook (2018-2025)
Global Cognitive Services Industry New Study On “2018-2025 Cognitive Services Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database This report focuses on the global Cognitive Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cognitive Services development in United States, Europe and China. Cognitive Services are a set of machine learning algorithms that Microsoft has developed
Global Cognitive Analytics Market- The Thematic Research
Cognitive Analytics.jpgSummary:- (Cognitive Analytics) Global Cognitive Analytics report, the Cognitive Analytics is expected to reach a value of $1.95 billion in 2017 and is projected to reach a value of $40.25 billion at the end of 2027. The global Cognitive Analytics report covers the Cognitive Analytics in a comprehensive manner, across all parameters such as types, applications, users, top players, and regions. The report further covers the drivers, restraints and trends
Global Cancer Cognitive Computing Market Outlook 2022
ReportsWorldwide has announced the addition of a new report title Global Cancer Cognitive Computing Market Outlook 2022 to its growing collection of premium market research reports. The emergence of Cognitive Computing for Cancer has revolutionized the healthcare industry. This technique is allowing a previously unattainable level of personalized treatment options with efficiency and simplicity. Due to this ability, it is anticipated that the Global Cancer Cognitive Computing market will cross US$
Cognitive Computing Market: Lucrative Opportunity by 2025
Data analysis can yield dramatic and yet highly dependable results. In recent times, almost every organization, big or small, is resorting to computation for certain kind in order to enhance their production efficiency, meet the demand coming from consumers, and counter the challenge posed by local and global competitors. Cognitive computing relates to next stage of data analysis wherein it not only crunches all the available data to make a
Global Cognitive Computing Market
In the ever changing world of information technology, business organizations are left with humongous amount of data with them. This data includes very critical information for business use, but business organizations are only able to utilize 20% of whole data available with them with the use of traditional data analytics technology. To process and interpret the reaming 80% of the data that is in the form of videos, images, and