Cognitive Computing Market: Global Analysis, Industry Demand and Forecast to 2026
Category: #Technology  By Partha Ray  Date: 2020-05-22
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Cognitive Computing Market: Global Analysis, Industry Demand and Forecast to 2026

A detailed synopsis of the cognitive computing market has been presented in this research report. The synopsis has been charted out keeping in mind certain vital parameters such as global trends, industry insights, growth drivers, industry ecosystem analysis, and market segmentation. Details about the various companies constituting he competitive landscape of cognitive computing industry as well as the regional bifurcation of this industry from a global standpoint is outlined in the study, in addition to the impact of the regulatory frame of reference worldwide.

The fast-growing trend of IoT is creating new avenues for the cognitive computing market. Data acquired by IoT devices is massive and unstructured and the technology helps in managing volume, unpredictability, and complexity of this information. Moreover, this will allow businesses that were earlier unable to recognize insights and patterns from disparate sources to aid in improved decision-making.

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What are some of the pivotal parameters that the cognitive computing market report encompasses pertaining to the deployment landscape?

Cognitive computing industry segmentation as per the deployment landscape: cloud and on-premise.

Market Share:

•             The market share accounted for by each of the deployment segments in the industry.

•             The market share that each of the sub-segments are projected to hold in the cognitive computing market.

Revenue:

•             The target remuneration that the deployment segments will accrue by the end of the forecast period.

•             The growth rate which the deployment segments will depict over the projected duration.

What are some of the pivotal parameters that the cognitive computing market report encompasses pertaining to the technology landscape?

Cognitive computing market segmentation as per the technology landscape: comprises natural language processing, automated reasoning, machine learning, and semantic analysis.

Market Share:

•             The market share that each of the technology segments hold presently in the industry.

•             The market share that each of the sub-segments may account for in the cognitive computing industry.

Revenue:

•             The target remuneration that the technology segments will procure by the end of the forecast duration.

•             The growth rate that the technology segments will show over the projected period.

Adoption of integrated cloud platforms and the growing application of big data analytics are the key factors promoting the domination of North America cognitive computing market. Additionally, the high focus on data security and cyber breach instances have led to the increase in regulations and mandates favoring the growth of this software.

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The cognitive computing market research document is an extensive collection of pivotal insights pertaining to the industry. In a nutshell, the cognitive computing industry study aims to educate potential investors about the market scenario and future prospects. The report also endorses details about the industry pitfalls and challenges as well as the industry impact forces.

Players operating in the cognitive computing market include Palantir, Tibco Software, IBM, Cognitive Scale, Microsoft Corporation, Saffron Technology, Google, ArisGlobal, Oracle Corporation, and SAP SE. In June 2017, ArisGlobal announced the launch of cloud-based ArisGlobal LifeSphere to support an entire product lifecycle of an organization from clinical development to the marketing and commercialization.

About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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