Global Cognitive Computer Market: Global Market Size, Industry Growth, Future Prospects, Opportunities and Forecast 2018-2023

Orion Market Research (OMR) recently published a market research report on global cognitive computer market. According to OMR analysis, the global cognitive computer market is expected to grow at a moderate CAGR during the forecast period 2019-2025. The cognitive computer market is estimated to grow modestly during the forecast period due to increasing adoption of the technology in end-user industries to facilitate the integration of human and computer with software services.

The global cognitive computing market can be bifurcated into by technology, which is further segmented into natural language processing, machine learning, automated reasoning and others (information retrieval); by deployment, it is segmented into cloud and on-premises; by vertical, the market is further bifurcated into aerospace & defense, BFSI (Banking, Financial Services and Insurance), telecom & IT, consumer goods & retail, energy & power, tourism & travel, media & entertainment, education & research and others; and by geography, it is further segmented into North America, Europe, Asia-Pacific and Rest of the World.

The report provides detailed and insightful chapters which includes market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

Full report of global cognitive computer market is available at https://www.omrglobal.com/industry-reports/cognitive-computing-market/

Cognitive computing is the technology platform that is based on artificial intelligence, machine learning, and signal processing. The technology enables human-computer interaction in a more efficient manner due to the integration of AI and machine learning with it. Use cases of technology are face detection, speech recognition, sentimental analysis, fraud detection, and risk management. Some of the major IT development in the field of cognitive computing made by software giants to solve real-life problems are Vantage Software, Café Well Concierge, Sofie, Bright Minded, Way Blazer, and Edge Up Sports. Technological advancements of artificial intelligence, one of the key aspects of cognitive computing, led to a rise in the investment of $5.1 billion in the year 2016.

A major breakthrough of cognitive computing is in the sector of healthcare where it facilitates to reduce cost by automating tasks such as de-identifying patient care records and reviewing prior authorization requests. Along with its numerous benefits, cognitive computing face the challenge of the training process to tune the software system to work efficiently.

By geography, North America is estimated to be the dominating region in the global cognitive computing market due to the presence of established market players and growth in artificial intelligence. North America is followed by Europe and Asia-Pacific. Asia-Pacific is the fastest-growing region due to growth in the Information Technology industry in developing countries such as India and China.

For sample reports please visit: https://www.omrglobal.com/request-sample/cognitive-computing-market

Comprehensive research methodology of global Cognitive Computing Market:

This report also includes detailed and extensive market overview with analyst insights & key market trends.

• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global Cognitive Computing Market.
• Insights about market determinants which are stimulating the global Cognitive Computing Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

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Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides quality syndicated research reports, customized research reports, company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles.

This release was published on openPR.