Cognitive Computing Market 2020-2025 Insights, Technology Advancements and Future Growth Analysis | CAGR (28.0%)
In 2018, the global Cognitive Computing market size was 9850 million US$ and it is expected to reach 71000 million US$ by the end of 2025, with a CAGR of 28.0% during 2019-2025.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Cognitive Computing Market: Google, IBM, Microsoft Corporation, Palantir, Saffron Technology, Cold Light, Cognitive Scale, Enterra Solutions, Numenta, Vicarious
Latest Market Developments:
May 22, 2020: Saffron Technology: CLOUD COMPUTING: PROGRAMMING LANGUAGES TO LEVERAGE FOR ENTERPRISE DEVELOPMENT SOLUTIONS
Cloud computing is no more a new kid on the block as it has been changing the way we have worked over the decades. There are many cloud computing applications that have proved to be a game-changer for professionals, but cloud-based applications are surely the most revolutionary one. There are many things that shape a cloud-based application, especially when it is an enterprise development solution but above all, the programmer needs to focus on the programming language being used. Not every programmer will follow the regularly repeated advice to learn new languages but those who do will get a competitive edge in the market. And then there are some programming jobs that require programmers to regularly brush up on new programming languages.
April 9, 2020: Building Trusted AI Applications on Red Hat OpenShift Enterprise Kubernetes Platform
Trust is the foundation of digital systems. Without trust, artificial intelligence and machine learning systems cannot deliver on their prospective value. To trust an AI system, humans must have confidence in its decisions. However, AI-based automated decisioning systems learn and evolve over time, are suspect to data quality issues, and contain many hidden decision processing layers which can make auditability and traceability challenging. This black-box nature of AI algorithms is creating real business and societal risks from the unknown and unintended consequences of "rogue AI.
June 4, 2019: CognitiveScale Expands Relationship with Microsoft through Deeper Product Integration
Cognitive Computing is completely changing the way organization use their big data in each verticals, especially in industries like Healthcare, BFSI and Customer services. This is big revolution in global information technology market and holds very strong potential of growth. The Cognitive Computing enables a machine to think, interpret and infer information like a human brain. The biggest advancement in this market is IBMs Watson Cognitive Computing. There are few players in the market that have developed the technique of integrating cognitive computing with internet of things (IoT).
The cognitive computing basically works on the principle of neocortex, a part of human brain that plays a big role in the decision making by analyzing the behaviors of a human being and makes decision on the basis of time series analysis. The computer systems that we are using today are consulting us the way we already programed them but cognitive computing systems are completely different, they works on the machine learning algorithms and natural language processing. This unique feature of cognitive computing is enabling business organizations to use immense amount of dark data available with them.
This research report covers some extremely prominent attributes related to the Cognitive Computing market such as production, regional market share, price, supply and demand, size, product profit, value, capacity, and market growth rate. Geographically the Cognitive Computing market report encompasses all the key manufacturers from different regions of the world.
This report segments on the basis of Types:
Natural Language Processing (NLP)
Split On the basis of Applications:
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For comprehensive understanding of market dynamics, the global Cognitive Computing Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Influence of the Cognitive Computing Market report:
-Comprehensive assessment of all opportunities and risk in the Cognitive Computing Market.
-Cognitive Computing Market recent innovations and major events.
-Detailed study of business strategies for growth of the Cognitive Computing Market-leading players.
-Conclusive study about the growth plot of Cognitive Computing Market for forthcoming years.
-In-depth understanding of Cognitive Computing Market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Cognitive Computing Market.
The report has 150 tables and figures browse the report description and TOC:
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Cognitive Computing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analysed the growth of the key players operating in the market.
Finally, Cognitive Computing Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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