Press release
Cognitive Media Market: Exponential Growth, Dynamic Trends, and the Influence of Digitalization
Cognitive Media Market Share
What Is The Projected Market Size Of The Global Cognitive Media Market And Its Growth Rate?
• The Cognitive Media Market was valued at $2.14 billion in 2024 and is estimated to reach $2.67 billion in 2025, growing at a CAGR of 24.8%.
• Accelerated demand for personalized user experiences and content monetization strategies, as well as NLP integration, are contributing to the market's growth.
• By 2029, the market size is expected to surge to $7.2 billion, growing at a formidable CAGR of 28.1%.
• This rapid growth can be attributed to the integration of AR/VR technologies, blockchain for content verification, and evolving advertising models, among others.
What Is Driving The Growth In The Cognitive Media Market?
The surge in Internet users greatly influences the expansion of the cognitive media market. With the rapid growth of digital services and the increased dependency on technology in daily life, accessing Internet services has become integral for modern society. This shift towards digital platforms has significantly changed the landscape of media consumption, paving the path for cognitive media - essentially engaging the audience's cognitive abilities. The US National Telecommunications and Information Administration reported that as of June 2024, 83% of the US population aged 3 and above were using the internet, marking an increase from 80% in 2021. This surge in Internet users is directly propelling the growth of the Cognitive Media Market.
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Who Are the Key Players Driving Cognitive Media Market Growth?
• International Business Machines Corporation
• Google LLC
• Amazon Web Services Inc.
• Microsoft Corporation
• Salesforce.com Inc.
• Adobe Inc.
• Baidu Inc.
• Nvidia Corporation
• Veritone Inc.
• Albert Inc.
• Crimson Hexagon
• Valossa Labs Oy
• SoundHound AI Inc.
• Newsrx
• ByteDance Ltd.
• Kenshoo Inc.
• Zeta Global Holdings Corp.
• Kitewheel LLC
• Clarifai Inc.
• Spotad Ltd.
• accenture* plc
• Alteryx
• Cisco Systems Inc.
• Brandwatch
• Video Intelligence AG
• OpenText
• SAS Institute Inc.
• Hewlett Packard Enterprise Company LP
• Pegasystems Inc.
What Are The Key Trends In The Cognitive Media Market?
• Personalized content experiences
• Emotion and sentiment analysis
• Automated content creation
• Interactive and immersive experiences
• Real-time content adaptation
What Are The Segments Of The Global Cognitive Media Market?
1) By Component: Services, Solution
2) By Technology: Natural Language Processing, Deep Learning and Machine Learning
3) By Deployment: On-Premises, Cloud
4) By Application: Predictive Analysis, Security Management, Content Management, Network Optimization, Recommendation and Personalization, Customer Retention, Other Application
5) By End User: Banking Sector, Retail Sector, Healthcare Sector, Other End User
Which Region Leads The Cognitive Media Market?
As of 2024, North America is the largest region participating in the global cognitive media market. However, all regions worldwide, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, show a promising growth rate in the Cognitive Media Market.
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What Is Covered In The Cognitive Media Market Global Market Report?
- Market Size Analysis: Analyze the Cognitive Media Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cognitive Media Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cognitive Media Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cognitive Media Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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