The Cognitive Media Global Market Report 2023, provides comprehensive information on the cognitive media market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/cognitive-media-global-market-report

As per The Business Research Company’s Cognitive Media Global Market Report 2023, the global cognitive media market size is expected to grow from $1.37 billion in 2022 to $1.73 billion in 2023 at a compound annual growth rate (CAGR) of 26.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cognitive media market size is expected to reach $4.35 billion in 2027 at a CAGR of 25.9%.

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Technological development is a key trend gaining popularity in the cognitive media market. Major companies operating in the cognitive media market are focusing on technological developments to sustain their position in the market. For instance, in March 2023, Juji Inc., a US-based artificial intelligence company engaged in the development of chatbot, empathetic AI solutions, launched a new generative AI tool for automating cognitive AI chatbot creation that allows any organization to rapidly develop customized AI chatbots without using new IT resources or writing any code. These cognitively intelligent AI chatbots can scale human teams to manage and automate high-touch, high-stakes interactions by utilizing superior human interpersonal abilities like active listening and comprehending body language.

The cognitive media market is segmented:

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

North America was the largest region in the cognitive media market in 2022.

The table of contents in TBRC’s cognitive media market report includes:

Executive Summary
Cognitive Media Market Characteristics
Cognitive Media Market Trends And Strategies
Cognitive Media Market - Macro Economic Scenario
Cognitive Media Market Size And Growth
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Africa Cognitive Media Market
Cognitive Media Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Cognitive Media Market
Cognitive Media Market Future Outlook and Potential Analysis
Appendix
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