openPR Logo
Press release

Cognitive Computing Market Size, Trends and Business Growth Analysis 2023-2028

05-02-2023 08:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Cognitive Computing Market

Cognitive Computing Market

What is the Market Size of Cognitive Computing ? :

IMARC Group's latest report, titled "Cognitive Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the cognitive computing technology market. The report also includes competitor and regional analysis, and contemporary advancements in the market. the global cognitive computing market size reached US$ 32.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 138.8 Billion by 2028, exhibiting a growth rate (CAGR) of 25% during 2023-2028.

What is Cognitive Computing Technology ? :

Cognitive computing refers to a computer-operated technology that uses artificial intelligence (AI) and machine learning algorithms to simulate human thought processes for reasoning, decision-making, and problem-solving. It involves systems that can learn, reason, and adapt over time by processing large amounts of data and identifying patterns and insights. It offers improved data collection and interpretation, troubleshooting and error detection, and enhanced customer retention to businesses. It also assists in informed and strategic decision-making, smart financial decisions, improving efficiency, and increasing cost savings.

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/cognitive-computing-market/requestsample

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being

• Acuiti Group
• Cisco Systems Inc
• Enterra Solutions LLC
• Expert .AI
• e-Zest Solutions Ltd
• Google LLC (Alphabet Inc.)
• International Business Machines Corporation
• Marlabs LLC
• Microsoft Corporation
• Red Skios Ltd
• Sas Institute Inc
• Tata Consultancy Services Ltd
• Vantage Labs LLC
• Virtusa Corporation

Cognitive Computing Market Demand and Development:

The increasing demand for cognitive systems in large organizations is driving the global market. Moreover, the continuous expansion in cloud computing, the increasing use of mobile devices, and the proliferation of the internet of things (IoT) are contributing to the expansion of the cognitive computing market. In line with this, the development of advanced artificial intelligence and machine learning technologies to make cognitive computing systems more intelligent and efficient is providing a boost to the demand for cognitive computing.

Moreover, the rising demand for sophisticated data analysis and decision-making tools by various industries, including healthcare, finance, and retail, is further supporting the market. Other factors, such as continual developments of machine-to-machine technologies and the rising demand for better customer experience, are also influencing the demand.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/cognitive-computing-market

Key Market Segmentation:

Breakup by Technology:

• Natural Language Processing
• Machine Learning
• Automated Reasoning
• Others

Breakup by Deployment Type:

• On-premises
• Cloud-based

Breakup by Enterprise Size:

• Small and Medium-sized Enterprises
• Large Enterprises

Breakup by Industry Vertical:

• Healthcare
• BFSI
• Retail
• Government
• IT and Telecom
• Energy and Power
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Related Report by IMARC Group:

https://dip1232.ezblogz.com/49900957/deep-brain-stimulation-market-trends-share-and-future-forecast-2023-2028

https://dip1232.ezblogz.com/49901048/digital-lending-platform-market-trends-and-industry-growth-analysis-2023-2028

https://dip1232.ezblogz.com/49901138/digital-patient-monitoring-devices-market-share-and-future-demand-2023-2028

https://dip1232.ezblogz.com/49901248/doors-market-share-size-and-industry-growth-2023-2028

https://dip1232.ezblogz.com/49901330/e-commerce-logistics-market-share-and-business-report-2023-2028

https://dip1232.ezblogz.com/49901451/environment-health-and-safety-ehs-market-share-and-forecast-2023-2028

https://dip1232.ezblogz.com/49901508/esim-market-share-and-business-report-2023-2028

https://dip1232.ezblogz.com/49901583/food-flavor-market-size-share-and-growth-2023-2028

https://dip1232.ezblogz.com/49901645/food-safety-testing-market-share-and-business-trends-2023-2028

https://dip1232.ezblogz.com/49901703/food-traceability-market-size-share-and-growth-report-2023-2028

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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 Size, Trends and Business Growth Analysis 2023-2028 here

News-ID: 3037970 • Views:

More Releases from IMARC Group

Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, and Financial Outlook
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an …
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materials
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Report 2025-2033
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 2025-2033
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The Indonesia coal market size reached

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