Press release
Cognitive Computing Market Size, Share and Forecast 2019-2025
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Furthermore, cognitive computing enables the processing of unstructured data, natural language and can learn from experiences just like an individual. Cognitive computing is being increasingly used in the decision-making process in industries such as finance, healthcare, education, research and development, customer services and defense. This has significantly increased the demand for the cognitive computing market. Examples of cognitive computing software available in the market include Vantage Software, Café Well Concierge, Sofie, BrightMinded, WayBlazer, and Edge Up Sports.
The global cognitive computing industry is being driven due to multiple factors that include increased demand for analysis of big data, rising application in the healthcare sector, and increasing demand for natural language processing technology. Furthermore, the growth of the market is being fueled due to the increasing adoption of cloud-based technology in different industries and the presence of numerous market players competing in this market. However, certain factors are expected to hinder the growth of cognitive computing market. These factors include complexity in the analysis of unstructured data, lack of accuracy in translating the human voice into digital form and challenging training process.
A full Report of Cognitive Computing Market is Available at: https://www.omrglobal.com/industry-reports/cognitive-computing-market
The key players in the global cognitive computing market include Cisco, Cognitive Scale, Expert system, Google, Inc., IBM Watson, Microsoft Corporation, Numenta, Palantir, Saffron Technology, SparkCognition, and Vicarious. The market players compete by introducing automated solutions and smart applications for various industries, collaborating or entering into a partnership with startups, and developing economical cognitive computing technologies to attract new customers. For instance, in June 2019, Thomson Reuters launched the Thomson Reuters Checkpoint Edge platform that provides the fastest answers to the most complex regulatory and tax law questions.
Current Market Trends Covered in the Market Report:
Increased application of cloud-based services in industries
The enormous growth in big data fuels cognitive computing system
Increased application of cognitive computing in diversified industries
Global Cognitive Computing Market – Segmentation
By Technology
Natural Language Processing
Machine Learning
Automated Reasoning
Other (Information Retrieval)
By Deployment
Cloud
On-Premise
By Vertical
Aerospace and Defense
BFSI
Telecom and It
Consumer Goods and Retail
Energy and Power
Travel and Tourism
Media and Entertainment
Education and Research
Others
Global Cognitive Computing Market –Region
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
COMPANYPROFILES
3DSIGNALS
ACCELERATEDDYNAMICS
AFFECTIVA
AIBRAIN
AICURE
ALGOLUX
AMPLERO
APIXIO
AYLIEN
BAYLABS
BLOOMSBURYAI
BMLLTECHNOLOGIES
BRAINCHIP HOLDINGS LTD.
CISCO
COGNICOR
COGNITIVESCALE
COLDLIGHT
CUSTOMERMATRIX
DEEPMIND
ENTERRA SOLUTIONS
ENTERRA SOLUTIONS
EXPERTSYSTEM
GOOGLE, INC.
HPEHAVEN ONDEMAND
IBMWATSON
MICROSOFTCORPORATION
NUMENTA
PALANTIR
SAFFRONTECHNOLOGY
SPARKCOGNITION
VICARIOUS
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cognitive-computing-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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