openPR Logo
Press release

Cognitive Computing Market 2019: Global Industry Analysis Report to 2025

01-08-2021 10:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Cognitive Computing Market 2019: Global Industry Analysis

Cognitive computing market is in its initial phases. Cognitive computing system applies machine-learning, natural language processing models, automated reasoning, and others to process a large volume of complex data. These models operate in such a way that they understand and interpret the working of a human brain by combining human work with machines. In the current scenario, the digital data and its processing are continuously increasing, and organizations find it difficult to analyze the immense digital data. The cognitive computing systems assist in converting the information in the form of pictures and the human voice into digital form. These systems can predict sense and conclude a specific situation.

Request a Free Sample of our Cognitive Computing Market: https://www.omrglobal.com/request-sample/cognitive-computing-market

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.
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.

A full Report of Cognitive Computing Market is Available at: https://www.omrglobal.com/industry-reports/cognitive-computing-market

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
• COMPANY PROFILES

3DSIGNALS
ACCELERATED DYNAMICS
AFFECTIVA
AIBRAIN
AICURE
ALGOLUX
AMPLERO
APIXIO
AYLIEN
BAY LABS
BLOOMSBURY AI
BMLL TECHNOLOGIES
BRAINCHIP HOLDINGS LTD.
CISCO
COGNICOR
OGNITIVE SCALE
COLD LIGHT
CUSTOMERMATRIX
DEEPMIND
ENTERRA SOLUTIONS
ENTERRA SOLUTIONS
EXPERTSYSTEM
GOOGLE, INC.
HPE HAVEN ONDEMAND
IBM WATSON
MICROSOFT CORPORATION
NUMENTA
PALANTIR
SAFFRON TECHNOLOGY
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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cognitive Computing Market 2019: Global Industry Analysis Report to 2025 here

News-ID: 2222282 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Cognitive

Internet User Surge Fuels Cognitive Media Market Growth Despite Cognitive Concer …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Cognitive Media Industry Market Size Be by 2025? The size of the cognitive media market has experienced significant expansion lately. It is forecasted to increase from $2.14 billion in 2024 to $2.67 billion in 2025, reflecting a compound annual growth rate (CAGR) of 24.8%. The historic
Cognitive Suites
Introducing cutting-edge technology-driven solutions and smart software applications tailor-made for diverse aviation stakeholders. Our comprehensive suite covers Airlines, General Aviation, Aviation Support Service Providers, Aviation Professionals, and Authorities of Airports and Air Navigation Service Providers (ANSP). Whether you're seeking enhanced operational efficiency, streamlined processes, or advanced data analytics, our solutions are designed to revolutionize the way you navigate the skies. Embrace the power of innovation and elevate your aviation experience
The Future of Cognitive Intelligence: Analyzing the Booming Cognitive Computing …
Cognitive Computing Market Valued at 𝐔𝐒$ 𝟒𝟔.𝟓𝟒 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2024, Projected to Reach US$ 285.72 Billion by 2033 at a CAGR of 22.30% The cognitive computing market is witnessing unprecedented growth as industries integrate artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and deep learning into their operations. These next-generation computing systems simulate human thought processes, allowing enterprises to analyze vast datasets, enhance decision-making, and optimize automation at an
Cognitive Search Tools Market: Know Opportunity Ahead | Sinequa, Lucidworks, Cog …
HTF MI recently introduced Global Cognitive Search Tools Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study Microsoft Corporation, IBM, Google, Amazon Web Services (AWS), Dassault Systèmes, Verint Systems, Elastic,
Cognitive Services Market
With the watchful use of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis, this market report has been structured. While preparing this Cognitive Services Market research report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology. Every possible effort has been taken while researching and analysing information to
Cognitive Computing Market worth Observing Growth: Saffron Technology, Cognitive …
Cognitive computing is an evolving model of intelligent computing system and methods that implements computational intelligence by autonomous perceptions and inferences imitating the mechanisms of the brain. The cognitive computing market has high growth prospects owing to increasingly complex and large datasets and the emergence of numerous computing platforms such as big data analytics, cloud, and mobile. Moreover, increasing demand from the end-use industries expected to fuel market growth during