Cognitive Computing Market worth $12,550.2 Million by 2019


Posted November 27, 2018 by dheerajpawar7359

Cognitive computing market categorizes the global market by technology as natural language processing, machine learning, automated reasoning, by deployment model & by region.

 
The report “Cognitive Computing Market by Technology (Natural Language Processing, Machine Learning, Automated Reasoning), by Deployment Model (On-Premises, Cloud) & by Regions - Global Forecast to 2019”, provides a comprehensive market and forecast analysis of the overall market, segmented by technology. The market has been further segmented by deployment model, end user, region, and vertical.
[133 Pages Report] The global Cognitive Computing Market size was USD 2,510.4 Million in 2014 and is projected to reach USD 12,550.2 Million by 2019, growing at a Compound Annual Growth Rate (CAGR) of 38.0% during the forecast period.
The report gives the detailed analysis trends and forecasts, competitive landscape, key drivers, restraints and opportunities and analysis on Venture Capital (VC) and Mergers and Acquisitions (M&A) related to the Cognitive Computing market. It also focuses on technologies & standards and in estimating the market potential of the major sub-segments. Major solution providers in the people screening market are Microsoft, IBM, Google, Vicarious, Palantir, and Cold Light are some of its major active players.
Markets Covered
The cognitive computing market is segmented based on technology, applications, end user, deployment type, verticals, and regions.
Based on technology, the market is segmented into the following categories:
• Natural Language Processing (NLP)
• Machine Learning
• Automated Reasoning
• Others Technologies
Based on end user, the market is segmented into the following categories:
• SMBs
• Large Enterprises
Based on deployment types, the market is segmented into the following categories:
• Cloud
• On-Premises
Based on verticals, the market is segmented into the following categories:
• Healthcare
• BFSI
• Consumer Goods & Retail
• Aerospace & Defense
• Telecom & IT
• Energy & Power
• Travel & Tourism
• Media & Entertainment
• Education & Research
• Other Verticals
Based on region, Cognitive Computing market is segmented into the following regions:
• North America (NA)
• Europe
• Asia-Pacific (APAC)
• Middle East & Africa (MEA)
• Latin America (LA)
Cognitive Computing is completely changing the way organization use their big data in each verticals, especially in industries like Healthcare, BFSI and Customer services. This is big revolution in global information technology market and holds very strong potential of growth. The Cognitive Computing enables a machine to think, interpret and infer information like a human brain. The biggest advancement in this market is IBM’s Watson Cognitive Computing. There are few players in the market that have developed the technique of integrating cognitive computing with internet of things (IoT).
Ask for PDF Brochure: http://bit.ly/2P5OLnf
The system vendors in the cognitive computing market are continuously innovating and remodeling their present architecture to build more proficient and advanced systems that can help in more effective decision making.
The report covers major sub-segments of the cognitive computing market and provides the quantitative (market size and market growth) and qualitative (trends, analysis, and insights) analysis of those segments. This comprehensive coverage of the cognitive computing market provides important inputs such as drivers, restraints, and opportunities in this market, profiles the major players in this market, maps the competitive landscape, and provides the overall perspective of the cognitive computing market across various verticals and regions.
The North America region is having the largest market share as well highest growth rate, followed by Europe and Asia-Pacific region. The Middle East and Africa and Latin America market are still in initial phase of introductory stage.
The increasing trend of dark data and harness speed of internet is driving the growth of the market. Now-a-days, data present with business organizations are in the form of human language, pictures, and videos which contains immense valuable information with them. Hence, to process this dark data, there is a strong need of cognitive computing.
MarketsandMarkets has segmented the cognitive computing market by type of technology into Natural Language Processing (NLP), Machine Learning, and, Automated Reasoning; by deployment model into on-premises and cloud; by end user into small and medium businesses and enterprise; by vertical into BFSI, healthcare, consumer goods and retail, aerospace and defense, telecom and IT, energy and power, travel and tourism, media and entertainment, and education research; and by region into North America (NA), Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America (LA).
MarketsandMarkets forecasts the cognitive computing market to grow from $2,510.4 Million in 2014 to $12,550.2 Million by 2019. This represents a Compound Annual Growth Rate (CAGR) of 38.0% from 2014 to 2019.

Browse 77 market data tables and 43 figures spread through 133 pages and in-depth TOC on “Cognitive Computing Market by Technology (Natural Language Processing, Machine Learning, Automated Reasoning), by Deployment Model (On-Premises, Cloud) & by Regions - Global Forecast to 2019"
https://www.marketsandmarkets.com/Market-Reports/cognitive-computing-market-136144837.html
Early buyers will receive 10% customization on reports.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets™ INC.
Country United States
Categories Technology
Tags automated reasoning , cognitive computing market , machine learning
Last Updated November 27, 2018