Cognitive Computing Technology Market 2019-2026 | Top Prominent Key Players like SparkCognition, Expert System, Microsoft, IBM, Numenta, DeepMind Technologies, Cisco Systems, CustomerMatrix, CognitiveScale, and HP

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Cognitive computing technology helps to process volumes of complex data, thereby inadvertently enhancing the enterprise's productivity levels. Cognitive computing is considered as a next-generation system that converses in human language and helps experts to make better decisions by understanding the complexities of big data. In the current scenario, most of the data received is unstructured such as images, videos, natural language, and symbols. Cognitive computing technology market, with the help of different technologies such as natural language processing, machine learning and automated reasoning, translates unstructured data to sense, infer and predict the best solution.

Global Cognitive Computing Technology Market is expected to generate revenue of $13.8 billion by 2026, registering a CAGR of +34% during the forecast period of 2019 - 2026.

Top Key Players:

SparkCognition Inc (U.S.), Expert System S.p.A. (Italy), Microsoft Corporation (U.S.), International Business Machines Corporation (U.S.), Numenta (U.S.), DeepMind Technologies Limited (U.K), Cisco Systems, Inc (U.S.), CustomerMatrix Inc (U.S.), CognitiveScale (U.S.), Hewlett Packard Enterprise (U.S.) among others.

Other vendors include Google, Inc (U.S.), Palantir Technologies (U.S.), Saffron Technology, Inc (U.S.), ColdLight Solutions (U.S.), Enterra Solutions LLC (U.S.), Vicarious (U.S.), Airware (U.S.), DigitalGenius (U.K), DataRobot (U.S.), Ross Intelligence (U.S.), Cylance (U.S.), Orbital Insight (U.S.), Planet labs (U.S.), Vicarious (U.S.), Darktrace (U.K), Cyberlytic (U.K), Indico (U.S.) among others.

Establishment of several cognitive computing startups such as Cognitive Scale is taking place in Europe region. Asia-Pacific region is expected to have moderate growth rate for Cognitive Computing Technology Market as rapidly rising trend of cloud based services, in small and medium enterprises, is paving the way for growth of cognitive computing market in this region. Latin America and Middle East and Africa regions are yet match the pace of global cognitive computing market.

Intended Audience

·         Games Manufacturers
·         Distribution Centers
·         Software Developers
·         Manufacturing Companies
·         Healthcare Service provider

Reasons to Purchase the Research Report
·         Follow the current and future global Cognitive Computing Technology market in the developed and emerging markets.
·         Analysis of various perspectives of the market with the help of Porter’s Five Forces Analysis.
·         Identify the segment that is expected to dominate the market.
·         Identify the regions that are expected to witness the fastest growth during the forecast period.
·        Identify the latest developments, market shares, and strategies employed by the major market players.
·         3-month analyst support along with the Market Estimate sheet (in Excel).

Cognitive Computing Technology Market Key Segments:

By Technology

·         Natural Language Processing
·         Machine Learning
·         Automated Reasoning
·         Others (Information Retrieval)

By Application

·         Healthcare
·         BFSI
·         Retail
·         Government (Defense)
·         IT & Telecom
·         Security
·         Others

By End-User

·         Large Enterprises
·         Small and Medium Businesses (SMBs)

By Deployment Type

·         On-Premises Software
·         Cloud-Based Services

Different dynamic factors of the global market are also elaborated to get a complete analysis of internal and external driving or restraining factors. Moreover, increasing demand and popularity of healthcare and medicine sectors are driving the global Cognitive Computing Technology market. The research report has been made using data exploratory techniques such as qualitative and quantitative analysis.

Finally, the research directs its focus towards the possible strengths, weaknesses, opportunities, and threats that can affect the growth of the global Cognitive Computing Technology market. The feasibility of new projects is also measured in the report by the analysts.

If you have any special requirements, please let us know and we will offer you the report as you want.

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