Cognitive Systems Market 2020 Industry Vertical, Ongoing Trends, Development Factors and Advanced Technology with Manufacturers Analysis

The Objective of the “Global Cognitive Systems Market” report is to depict the trends and upcoming for the Cognitive Systems Market industry over the forecast years. Cognitive Systems Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

BFSI is one of the customer data-centric industry where players have a numerous business opportunities from cognitive systems. The cognitive system replaces the human thought process with a simulated digital model, which includes a self-learning system. It derives patterns by using speech recognition, data mining, and language processing techniques. The cognitive systems require Artificial Intelligence platform to derive the complicated business issues.

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Continuous growth in digital banking trends drive the market. In addition, increase in demand for data-driven solutions as well as rise in focus on fraud detection and enhancement of customer experience propels the growth of the market. However, lack of skilled labors, security issues, and complex learning process limits the growth of this market.

Furthermore, emergence of smarter robots and emotion detection systems, rise in demand for predictive analytics, and increase in internet predictions is expected to provide numerous opportunities for the growth of the market.

The cognitive systems market in BFSI is segmented on the basis of product type, organization size, technology, deployment type, and region.

Product type segment covered in this study include hardware, software and applications, and services. Based on organization size, the market is divided into small and medium enterprises and large enterprises. Based on technology, the market is classified into machine learning, natural language processing, automated reasoning, text analytics, speech analytics, social media analytics, and others. Based on deployment type, the market is bifurcated into cloud and on-premise. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Market Players Profiled In The Report:

• IBM Corporation
• Infosys Limited
• Next IT Corp.
• SYNECHRON.
• MicroStrategy Incorporated.
• SAS Institute Inc.
• Microsoft Corporation
• Continuum Analytics, Inc.
• Accenture.
• Alteryx, Inc.

Cognitive Systems Market By Technology:

○ Machine Learning
○ Natural Language Processing
○ Automated Reasoning
○ Text Analytics
○ Speech Analytics
○ Social Media Analytics
○ Others

Some of the Major Highlights of TOC Covers:

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

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