Market Highlights:
In this rapidly changing world of technology, cognitive robotics market is projected to show major growth prospects during the forecast period. Major factor driving the cognitive robotics market is the increasing adoption of advanced technologies in order to enhance customer service experience.

The global Cognitive Robotics Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the cognitive robotics market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of cognitive robotics market. This is owing to the technological advancements and growing demand for innovations in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. This is expected to be a major factor for the growth of cognitive robotics market. Growing adoption of artificial intelligence across various industry verticals is another major factor driving the growth of cognitive robotics market in the region.

Major Key Players:
• Cognitive Operational Systems, Inc. (U.S.)
• Haapie SAS (France)
• KinderLab Robotics (U.S.)
• Tinybots (Netherlands)
• BKIN Technologies Limited (Canada)
• R.U. Robots Limited (U.K.)
• Behaviour Labs SRL (Italy)
• Heron Robots SRL (Italy)
• Perceptronic Solutions, Inc. (U.S.)
• Cognitive Spring (U.S.)

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Cognitive Robotics Market Segmentation:
The cognitive robotics market has been segmented on the basis of learning type and application. The application segment is further bifurcated into aerospace & defense, automotive, healthcare, consumer electronics and commercial. Automotive segment is expected to have various applications owing to the increasing adoption of advanced technologies. In commercial sector, with the help of cognitive robotics almost 30-40% of customer requests will be automated and hence will help in improving customer satisfaction. Cognitive robots are designed in way to learn from every interaction in order to improve their knowledge base and provide better results with every interaction.

Market Research Analysis:
The regional analysis of Cognitive robotics market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period.

The major growth in cognitive robotics market in North America is attributed to technological advancements and increasing adoption of artificial intelligence in that region. Cognitive robotics will bring new innovations into the existing business models eventually improving the efficiency and productivity of the organization.

Segments:
Cognitive robotics market can be segmented on the basis of following:

By Learning Type
• Motor babble
• Imitation
• Knowledge Acquisition

By Application
• Aerospace & Defense
• Automotive
• Healthcare
• Consumer Electronics
• Commercial

Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Chip designers and fabricators
• Original equipment manufacturers (OEMs)
• OEM technology solution providers
• Consumers
• Technology Providers

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