Press release
Global Cognitive Computing Market Size To Grow At A CAGR Of 28.30% In The Forecast Period Of 2023-2028
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 28.30%
Cognitive computing is gaining traction in the government and defence industry to tackle security breaches, intrusion threats, and to facilitate various tactical military operations. Over the forecast period, the increasing geopolitical tensions are expected to propel the demand for cognitive computing. The heightened dependence on technologies such as facial recognition systems and speech recognition across intelligence agencies, are further adding to the market growth.
Get a Free Sample Report with Table of Contents- https://www.expertmarketresearch.com/reports/cognitive-computing-market/requestsample
The increasing application of cognitive computing in the healthcare sector is another driving factor of the market. Cognitive computing improves decision-making and efficiency of acquisition of patient data for better diagnosis. Hence, the rising healthcare expenditure, coupled with the rapid digitalisation across the healthcare units are bolstering the cognitive computing market growth. Moreover, the increasing digitalisation of enterprises, supported by the growing adoption of high-end gadgets such as smartphones and laptops, is another driving factor of the market for crucial cognitive computing.
Cognitive Computing Industry Definition and Major Segments
Cognitive computing refers to a digital solution which aims at handling uncertain situations by simulating human brain processes. In other words, cognitive computing mimics human brain in order to handle situations where artificial intelligence is not sufficient. Cognitive computing is incorporated in technologies such as speech recognition, face detection, and detection of sentiments, among others.
Based on technology, the market is segmented into:
Natural Language Processing
Machine Learning
Automated Reasoning
Others
On the basis of deployment type, the market is bifurcated into:
On-Premise
Cloud
Based on enterprise size, the market is categorised into:
Large Enterprises
Small and Medium-Sized Enterprises (SMEs)
By industry vertical, the market is segmented into:
Healthcare
BFSI
Retail
Government and Defence
IT and Telecom
Energy and Power
Others
On the basis of region, the market is divided into:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Read Full Report with Table of Contents- https://www.expertmarketresearch.com/reports/cognitive-computing-market
Cognitive Computing Market Trends
The key trends in the global cognitive computing market include the technological advancements in the BFSI industry which are bolstering the incorporation of artificial intelligence (AI) and machine learning (ML). Cognitive computing also helps prevents fraudulent transactions which are likely to witness a surge amidst the rapid adoption of digital payments and smartphones as modes of payment.
The emergence of innovative computing solutions, such as voice recognition, natural language processing, and deep learning, among others, across industries are key trends in the market. Combination of new and emerging technologies with cognitive computing offers extensive opportunities for further applications. In addition, increasing investments in robotic automation are likely to offer opportunities to the global cognitive computing market.
In terms of regions, North America holds a decent share in the cognitive computing market, which is being driven by the presence of strong cloud-based service providers. The favourable initiatives by governments in the region, aimed towards encouraging the digital infrastructure are expected to accelerate the market growth.
Key Market Players
The major players in the cognitive computing market report are:
e-Zest Solutions
Virtusa Corp
IBM Corporation
Microsoft Corporation
Cisco Systems, Inc.
Others
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
Read More Reports:
GPON Market: https://pcnoks.com/global-gpon-market-size-forecast-2023-2028-emr-inc/
GPON Market: https://nboxoffice.com/global-gpon-market-to-be-driven-by-the-robust-telecommunication-sector-in-the-forecast-period-of-2023-2028-emr-inc/
Monosodium Glutamate Market: https://pcnoks.com/global-monosodium-glutamate-market-size-forecast-2023-2028-emr-inc/
Monosodium Glutamate Market: https://nboxoffice.com/global-monosodium-glutamate-market-to-be-driven-by-the-amplifying-demand-from-the-food-processing-industries-in-the-forecast-period-of-2023-2028-emr-inc/
Piling Machine Market: https://pcnoks.com/global-piling-machine-market-size-forecast-2023-2028/
Piling Machine Market: https://nboxoffice.com/global-piling-machine-market-to-be-driven-by-the-rising-demand-from-the-construction-sector-in-the-forecast-period-of-2023-2028-emr-inc/
Veterinary Healthcare Market: https://resistancephl.com/global-veterinary-healthcare-market-size-share-trends-growth-analysis-key-players-report-forecast-2023-2028/
Veterinary Healthcare Market: https://pcnoks.com/global-veterinary-healthcare-market-size-share-trends-price-growth-key-players-report-forecast-2023-2028/
Veterinary Healthcare Market: https://nboxoffice.com/global-veterinary-healthcare-market-to-be-driven-by-rapid-adoption-of-digital-technology-in-veterinary-healthcare-in-the-forecast-period-of-2023-2028/
Maleic Anhydride Market: https://clothingsuite.com/global-maleic-anhydride-market-size-share-price-growth-key-players-analysis-report-forecast-2023-2028-emr-inc/
Media Contact:
Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.
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 Global Cognitive Computing Market Size To Grow At A CAGR Of 28.30% In The Forecast Period Of 2023-2028 here
News-ID: 2980318 • Views: …
More Releases from Expert Market Research
AI in Mental Health Market to Reach USD 8.38B by 2035
How Is Artificial Intelligence Transforming Mental Healthcare?
The Artificial Intelligence in Mental Health Market is rapidly emerging as a transformative force in global healthcare, addressing long-standing challenges such as access, affordability, stigma, and workforce shortages. With more than 970 million people worldwide affected by mental health conditions, the need for scalable, personalized, and data-driven mental health solutions has never been more urgent.
The global artificial intelligence in mental health market was valued…
Brazil Clinical Microbiology Market USD 390.12M | 5.8% CAGR
Why is the Brazil Clinical Microbiology Market gaining strategic importance within Latin America's healthcare ecosystem?
Brazil has one of the largest and most complex healthcare systems in the region, with a growing focus on early disease detection, antimicrobial resistance monitoring, and laboratory automation. Clinical microbiology plays a critical role in identifying infectious diseases, guiding targeted therapies, and supporting public health surveillance.
The Brazil clinical microbiology market was valued at USD 390.12 Million…
Battery Recycling Market Size, Trends and Forecast 2026-2035
The battery recycling market is gaining steady traction as industries and governments focus more on resource efficiency, environmental compliance, and supply chain security for critical metals. With the rising use of lithium-ion, lead-acid, and nickel-based batteries across electric vehicles, consumer electronics, industrial equipment, and energy storage systems, recycling has moved from being a regulatory requirement to a strategic necessity. Battery recycling helps recover valuable materials like lithium, cobalt, nickel, and…
Biometrics Technology Market Size, Trends & Forecast 2026-2035
The biometrics technology market is witnessing robust growth and is expected to continue expanding at a significant pace. Valued at approximately USD 27.78 billion in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 10.20% between 2026 and 2035. By 2035, the market is expected to reach USD 73.38 billion. This growth is driven by the increasing need for advanced security solutions, innovations in…
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…
