Cognitive Computing Market

Cognitive Computing Market, By Deployment Type, By End user, By Application, By Industry, By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Cognitive computing encompasses cutting-edge hardware and software designed to emulate human functions, enhancing decision-making processes. It serves as a technology platform, rooted in signal processing and artificial intelligence, offering Natural Language Processing (NLP), reasoning, speech recognition, vision, machine learning, and human-computer interaction capabilities. In essence, cognitive computing aims to replicate human thought processes within computerized models, creating automated IT systems capable of problem-solving without human intervention. This innovative approach enables cognitive computing to derive knowledge from both structured and unstructured data sources. As a result, organizations are increasingly adopting cognitive technology, driven by recent advancements in digital technology, to improve operational efficiency, enable smarter decision-making, and gain a competitive edge in the dynamic business landscape.

Market Dynamics

The global cognitive computing market is experiencing significant growth primarily due to higher adoption rates and an increasing volume of unstructured and complex data. Advancements in cognitive computing, including cloud, mobile, and data analytics, are driving the market demand. Cognitive computing leverages machine learning algorithms to acquire data from unstructured sources, such as images, audio files, videos, and texts, meeting the rising demand for big data analytics. Cloud-based applications are favored in cognitive computing for their memory efficiency, flexibility, and cost-effectiveness. As more organizations migrate critical business systems to cloud platforms, the demand for cognitive cloud platforms is expected to surge, leading to a broader range of cognitive computing applications. This shift towards cloud-based solutions is projected to propel the market growth over the forecast period.

Key features of the study:
  • This report provides an in-depth analysis of the global cognitive computing market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
  • It profiles leading players in the global cognitive computing market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study are Accenture Inc., SparkCognition Inc., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Google Inc., Microsoft Corporation, Narrative Science Inc., Flatiron Health, Inc., and Digital Reasoning Systems, Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The global cognitive computing market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cognitive computing market
Detailed Segmentation
  • Global Cognitive Computing Market, By Deployment Type
  • On-premise Software
  • Cloud-based Software
  • Global Cognitive Computing Market, By End user
  • Small Scale Enterprises
  • Large Scale Enterprises
  • Public Sector
  • Global Cognitive Computing Market, By Application
  • Diagnostic APIs
  • Robots
  • Cyber Security
  • Farm Mechanization
  • eLearning
  • Supply Chain management
  • Social Media Monitoring
  • Self-driving Cars
  • Gaming
  • Video
  • IT Infrastructure Management
  • Others
  • Global Cognitive Computing Market, By Industry
  • Healthcare
  • BFSI
  • IT & Telecom
  • Energy & Utilities
  • Agriculture
  • Retail
  • Aerospace & Defense
  • Government
  • Transportation
  • Media & Entertainment
  • Education
  • Others (HR, Marketing & PR, etc.)
  • Global Cognitive Computing Market, By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Company Profiles
  • Accenture Inc.
  • SparkCognition Inc.
  • Cisco Systems, Inc.
  • Hewlett Packard Enterprise Development LP,
  • IBM Corporation
  • Google Inc.
  • Microsoft Corporation
  • Narrative Science Inc.
  • Flatiron Health, Inc.
  • Digital Reasoning Systems, Inc.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Market Definition and Scope
Report Description
Executive Summary
Market Snippet, By Deployment Type
Market Snippet, By End User
Market Snippet, By Application
Market Snippet, By Industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Drivers
Market Dynamics
Increasing adoption of cognitive computing across industries
Rising investments in big data analytics
Restraints
mited access to funding and investments
Market Opportunities
High demand in the healthcare sector
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Cognitive Computing Market, By Deployment Type, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
On-premise
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Cloud
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
5. Global Cognitive Computing Market, By End User, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Small Scale Enterprises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Large Scale Enterprises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Public Sector
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Cognitive Computing Market, By Application, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Diagnostic APIs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Robots
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Cyber Security
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Farm Mechanization
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
eLearning
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Supply Chain Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Social Media monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Self-Driving Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Gaming
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Video
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
IT Infrastructure Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
7. Global Cognitive Computing Market, By Industry, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
BFSI
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
IT & Telecom
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Energy & utilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Retail
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Aerospace & Defense
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Government
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Media & Entertainment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Education
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others (HR, Marketing & PR, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
8. Global Cognitive Computing Market, By Region, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End user, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2018-2030, (US$ Billion)
South Africa
GCC Countries
Rest of the Middle East & Africa
9. Company Profiles
Accenture Inc
SparkCognition Inc.
Cisco Systems, Inc.
Hewlett Packard Enterprise Development LP
IBM Corporation
Google Inc.
Microsoft Corporation.
Narrative Science Inc
Flatiron Health, Inc.
Digital Reasoning Systems, Inc.
Analyst Views
10. Section
References
Research Methodology
About us and Sales Contact
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