Cognitive Computing Market Size, By Technology (Natural Language Processing, Machine Learning, Automated Reasoning), By Application (Healthcare, Retail, BFSI, IT & Telecom, Government & Defence, Security), By Region (North America, Europe, Asia-Pacific, Rest of the World) Analysis – Global Forecast 2020-2025

In 2018, the global cognitive computing market was valued at US$ 30.67 Billion and is expected to reach US$ 544 Billion by 2025, expanding at a CAGR of 50.92% during the forecast period.

Cognitive computing represents the third era of computing, we started from computers that could tabulate sums (1900s) to programmable systems (1950s), and now to cognitive systems. Even though computers are better for data processing and making calculations, they were not able to accomplish some of the most basic human tasks. The computer can mimic the way the human brain works, using self-learning algorithms that use data mining, pattern recognition and natural language processing. In a simple sentence, cognitive computing is based on self-learning systems that use machine-learning techniques to perform specific, human-like tasks in an intelligent way. Cognitive Systems focus on the on-aiding humans in completing tasks accurately, faster, and in more complex ways than ever before. The goal of cognitive computing is to simulate human thought processes in a computerized model.

The global Cognitive Computing market is segregated on the basis of Technology as Natural Language Processing, Machine Learning, Automated Reasoning, and Others. Based on Application the global Cognitive Computing market is segmented in Healthcare, Retail, BFSI, IT & Telecom, Government & Defence, Security, and Others.

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The global Cognitive Computing market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Cognitive Computing market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.



Competitive Rivalry



Cisco Systems Inc., Hewlett Packard Enterprise, IBM Corporation, Flatiron Health, Inc., Accenture, Inc., Microsoft Corporation, SparkCognition, Google, Inc., Digital Reasoning Systems, Narrative Science., and others are among the major players in the global Cognitive Computing market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.



The Cognitive Computing Market has been segmented as below:



Cognitive Computing Market, By Technology

Natural Language Processing
Machine Learning
Automated Reasoning
Others


Cognitive Computing Market, By Application

Healthcare
Retail
BFSI
IT & Telecom
Government & Defence
Security
Others


Cognitive Computing Market, By Region

North America
Europe
Asia-Pacific
Rest of the World


Cognitive Computing Market, By Company

Cisco Systems Inc.
Hewlett Packard Enterprise
IBM Corporation
Flatiron Health, Inc.
Accenture, Inc.
Microsoft Corporation
SparkCognition
Google, Inc.
Digital Reasoning Systems
Narrative Science.


The report covers:

Global Cognitive Computing market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Cognitive Computing market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Cognitive Computing market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players


Report Scope:



The global Cognitive Computing market report scope includes detailed study covering underlying factors influencing the industry trends.



The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.



The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Cognitive Computing market share. Major industry players with significant revenue share include Cisco Systems Inc., Hewlett Packard Enterprise, IBM Corporation, Flatiron Health, Inc., Accenture, Inc., Microsoft Corporation, SparkCognition, Google, Inc., Digital Reasoning Systems, Narrative Science., and others.



Reasons to Buy this Report:

Gain detailed insights on the Cognitive Computing industry trends
Find complete analysis on the market status
Identify the Cognitive Computing market opportunities and growth segments
Analyze competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

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