27- Global size, segmentation and forecasts by 2027 – Queen Anne and Mangolia News
The latest research report from the IMARC group, titled “Cognitive Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global cognitive computing market reached a value of US$25.30 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$110.66 billion by 2027, presenting a CAGR of 25.70% over the period 2022-2027. Cognitive computing (CC) solutions rely on natural language understanding (NLU), artificial intelligence (AI), machine learning (ML), speech and image recognition, user interface familiar human, distributed and high performance computing, etc. detection services, improved data collection and interpretation, and improved customer retention for businesses. Cognitive computing also helps in making informed and strategic decisions, improving efficiency, making smart financial decisions and increasing cost savings. As a result, these solutions find widespread applications in many industries, such as retail, healthcare, telecommunications, banking, financial services and insurance (BFSI), etc.
Get a free sample copy of the report at – https://www.imarcgroup.com/cognitive-computing-market/requestsample
Important Attribute and Report Highlights:
- Detailed Global Market Share Analysis
- Market segmentation by technology, deployment type, enterprise size, and industry vertical.
- Historical, current and projected market size in terms of volume and value
- Latest industry trends and developments
- Competitive landscape for the cognitive computing market
- Strategies of key players and product offerings
The increasing use of these advanced technologies by small and medium-sized enterprises (SMEs) across the globe is primarily driving the cognitive computing market. Furthermore, the growing use of CC in the healthcare sector by medical professionals for the diagnosis of diseases and to determine the treatment of patients is further driving the market growth. Apart from this, the increasing use of these solutions to help investment strategists make decisions when buying or selling in the market and to provide sports advice to athletes during a match or competition also drives the global market. Additionally, the growing demand for CC tools to produce accurate results, assess real-time risks, and understand human languages to interact with workers and customers acts as another significant growth driver. Additionally, the expansion of the information technology (IT) industry is expected to bolster the cognitive computing market in the coming years.
Key Players Included in the Global Cognitive Computing Market Research Report:
- Acuiti Group
- Cisco Systems Inc.
- Enterra Solutions LLC
- .AI Expert, e-Zest Solutions Ltd
- Google LLC (Alphabet Inc.)
- International Commercial Machinery Society
- Marlabs LLC
- Microsoft Corporation
- Red Skios Ltd.
- Sas Institute Inc.
- Tata Consultancy Services Ltd.
- Vantage Labs LLC
- Virtusa Company.
Do you know more information, contact our analyst at– https://bit.ly/3v70ytT
Overview of the impact of COVID-19:
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Key Market Segmentation:
Breakdown by technology:
- natural language processing
- machine learning
- Automated reasoning
Breakdown by type of deployment:
Breakdown by business size:
- Small and medium enterprises
- Large companies
Breakdown by vertical industry:
- Health care
- IT and Telecom
- Energy and Power
Breakdown by region:
- North America (USA, Canada)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Table of Content of Cognitive Computing Market Research Report:
- Scope and methodology
- Global Cognitive Computing Market
- SWOT analysis
- Value chain analysis
- Price analysis
- Competitive landscape
Who we are:
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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