Press release
Cognitive Computing Market May See Potentially High Growth Factors | Numenta; Vicarious; SparkCognition; TIBCO Software Inc.; Naka Technologies; Wipro Limited; Marlabs Inc; and more
Cognitive Computing Market
Global cognitive computing market is set to witness a healthy CAGR of 32.13% in the forecast period to 2026. Rising adoption of cloud based technology and technological advancement & development in cognitive computing is the factor for the market growth.
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Top Key Competitors: Google; IBM Corporation; Microsoft; Intel Corporation; Cognitive Computing Consortium; Enterra Solutions; Numenta; Vicarious; SparkCognition; TIBCO Software Inc.; Naka Technologies; Wipro Limited; Marlabs Inc; among others.
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Cognitive Computing Market Drivers and Restraints:
Availability of innovative hardware and software system will also enhance the market growth
Advancement in the computing platforms such as cloud and mobile is another factor uplifting the growth of this market
Growing demand from healthcare sector also drives the market growth
High investment cost will restrain the market growth
Complexity associated with the government and compliance will impede the market growth
Dearth of awareness among population acts as a market restraint
The report can answer the following questions:
This report provides an in-depth assessment of the Cognitive Computing Market presented through sections such as:
Cognitive Computing Market: Market Overview
Major Commercial Developments in the Industry
Market Trends and Dynamics of the Industry
Market Positioning of Major Market Players in the Industry
Current Market Scenario and Future Prospects of the Global Market
Competitive Landscape of the Market
Cognitive Computing Market Revenue and Forecast by Technology, 2020-2026 ($ million)
Cognitive Computing Market Revenue and Forecast by End-User, 2020-2026 ($ million)
Cognitive Computing Market Revenue and Forecast by Geography, 2020-2026 ($ million)
Geographic Coverage
Cognitive Computing Market Size and Forecast
Cognitive Computing Market Size and Forecast
Cognitive Computing Market on the basis of geography is divided into - North America, APAC, Europe, and Rest of the world. North America contributes a largest share in the global market, owing to the rapid development of sector in the US. However, Asia Pacific is expected to be the fastest growing market in the global market over the forecast period. This is mainly due to rapid urbanization and industrialization in the emerging economies of the region, especially in China and India.
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