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Rise In Digital Transformation Drives Growth In The Cognitive Operations Market: A Key Driver Powering Cognitive Operations Market Growth In 2025
The Cognitive Operations Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Cognitive Operations Market?
The market size for cognitive operations has experienced a significant increase in recent years. Its growth will reach from $13.17 billion in 2024 to $16.25 billion in 2025, charting a compound annual growth rate (CAGR) of 23.4%. Factors contributing to the growth during this past period include an upsurge in cyber threats, higher prevalence of cyberattacks, challenges in incident response, an increase in malware sophistication, and global connectivity.
Expectations are high for the cognitive operations market to experience extraordinary expansion in the coming years, with predictions showing an increase in value to $34.65 billion by 2029. This implies an impressive compound annual growth rate (CAGR) of 20.8%. The anticipated rise during the forecast period is due to a surge in the adoption of IoT, the increasing demand for cloud security, the implementation of zero trust security models, the changing threat environment, and advanced persistent threats. Trends to watch out for within this period are a greater synthesis with cloud security, the influence of artificial intelligence in threat intelligence, ongoing adaptive risk and trust assessment, the use of privacy-preservation technologies, and cooperation in sharing threat intelligence.
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What Are the Different Cognitive Operations Market Segments?
The cognitive operations market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Organization Size: Large Enterprise, SMEs
3) By Deployment Mode: Cloud, On-Premises
4) By Application: IT Operations Analytics, Application Performance Management, Infrastructure Management, Network Analytics, Security Analytics, Other Applications
5) By Vertical: BFSI (Banking, Financial Services, And Insurance), Healthcare And Life Science, IT And Telecom, Retail And eCommerce, Manufacturing, Government, Media And Entertainment, Other Verticals
Subsegments:
1) By Solutions: Cognitive Analytics Tools, Machine Learning Solutions, Natural Language Processing (NLP) Solutions, Robotic Process Automation (RPA), Decision Management Systems
2) By Services: Consulting Services, Implementation And Integration Services, Managed Services, Training And Support Services
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What Are the Primary Drivers Shaping the Cognitive Operations Market?
The anticipated rise in digital transformation is predicted to fuel the expansion of the cognitive operations market. This phenomenon is characterized by the systematic integration and enhancement of digital technologies, as well as data-driven workflows and novel business frameworks aimed at augmenting operational efficacy, user interactions and overall organizational competitiveness. The application of digital transformation in cognitive operations involves the usage of cutting-edge technologies like artificial intelligence and machine learning to mechanize monotonous tasks, scrutinize vast data sets for informed decision-making, and bolster cognitive processes, resulting in more adaptive and intelligent business operations. For example, statistics from Eurostat, the statistical office of the European Union based in Luxembourg, showed that in 2022, 70% of all EU enterprises achieved a basic level of digital intensity. Small and medium businesses stood at 69%, approx. 20% points below the EU's objective for 2030, while large corporations reached 98%. Consequently, the rise in digital transformation is driving the growth of the cognitive operations market forward.
Which Companies Are Leading in the Cognitive Operations Market?
Major companies operating in the cognitive operations market report are Alphabet Inc., Microsoft Corporation, AppDynamics, International Business Machines Corporation (IBM), Cisco Systems Inc., Broadcom Inc., VMware Inc., ServiceNow Inc., SAS Institute Inc., Micro Focus International PLC, Splunk Inc., BMC Software, Inc., Palantir Technologies Inc., Dynatrace LLC, New Relic Inc., Sumo Logic, Kofax Inc., HCL Technologies, ScienceLogic Inc., CA Technologies, Corvil, Interlink Software Services Ltd., Bay Dynamics Inc., DEVO Technology Inc., Risc Networks, Loom Systems Inc., Correlata Solutions Inc., Cloudfabrix Software Inc., Logz.io, Zenoss Inc.
What Cognitive Operations Market Trends Are Gaining Traction Across Different Segments?
In an effort to gain a competitive advantage in the cognitive operations market, key players are innovating and introducing new products such as cognitive AI platforms. These platforms are advanced tech systems that merge cognitive computing abilities like machine learning, natural language processing, and pattern recognition to mimic human-like intelligence and decision-making processes. An example is the Decipher Index launched in November 2023 by Burson Cohn & Wolfe, a US-based PR firm. This platform, created in partnership with Limbik, a US cognitive AI company, utilizes cognitive AI to forecast major worldwide macro trends. The Decipher Index pinpoints more than 20 macro themes and issues predicted to influence global interest in the following year, presenting valuable foresights to companies and organizations to manage potential crises or seize upcoming opportunities. Through constant data analysis, the platform's cognitive AI provides frequent updates and regional rankings on a range of themes including elections, artificial intelligence, sustainability, and cultural issues. Its intention is to equip leaders with timely data for proactive decision-making in an intricate and changing environment.
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What Are the Top Revenue-Generating Geographies in the Cognitive Operations Market?
North America was the largest region in the cognitive operations market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cognitive operations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cognitive Operations Market?
2. What is the CAGR expected in the Cognitive Operations Market?
3. What Are the Key Innovations Transforming the Cognitive Operations Industry?
4. Which Region Is Leading the Cognitive Operations Market?
Why This Report Matters:
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