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Cognitive Services Market
Cognitive Services Market By Vertical (BFSI, Healthcare, Retail, IT and Telecommunication, Government and Education, Manufacturing), Technology, Service Type, Deployment Mode, Application, End-User - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032
Industry : Information Technology | Pages : 149 Pages | Published On : Mar 2024
This report covers a sub-market in this field - the Cognitive Services Market by technology in detail, segmenting the market as machine learning and deep learning, natural language processing. Further service type is segmented into data transformation, knowledge management, cloud and web- based application programming interface, data integration and cognitive automation, cognitive risk intelligence, consulting and advisory, training and support, communication monitoring and others. Application segment includes marketing analysis, predictive maintenance, supply chain management, quality management investigation and recommendation, safety and security management, diagnosis and treatment system and others. The scope of the report covers cognitive service deployment mode which includes cloud based and on-premise. It provides in-sights on end user that segregates into SME’s and large enterprises. Vertical segment is further sub segmented into BFSI, healthcare, retail, IT & telecommunication, government and education, manufacturing and others. Lastly, the Cognitive Services Market is segmented by geography across North America, Europe, Asia-Pacific (APAC), ROW (Rest of the World) and regional market further sub-segmented by countries.
Cognitive Services Market Size
Report | Details |
---|---|
Market Size Value | USD 6.68 Billion in 2024 |
Market Size Value | USD 238.4 billion by 2032 |
CAGR | 38.4% |
Forecast Period | 2024-2032 |
Base Year | 2023 |
Historic Data | 2020 |
Segments Covered | xxxx |
Geographics Covered | North America, Latin America, Europe, Asia-Pacific, Middle East & Africa |
The report deals with all the driving factors, opportunities, and challenges with respect to the global Cognitive Services Market, which are helpful in identifying trends and key success factors for the industry. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long term landscapes. The report also includes qualitative analysis on the market, by incorporating complete analysis of industry value chain, funding and investments, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report profiles all major companies active in this field. This report provides the competitive landscape of the key players, which covers all key growth strategies. Moreover, the report formulates the entire value chain of the market, along with industry trends of sports analytics with emphasis on market timelines & technology roadmaps, market and product life cycle analysis.
Major players in Cognitive Services Market include IBM, Microsoft, Google, AWS, Baidu, Nuance Communications, Qualcomm Technologies, SAS, Apple, TCS, Nokia, Expert System, Verbio Technologies, Softweb Solutions, Folio3 Software, Fusion Informatics, Inbenta, Cognitivescale and Ipsoft among others.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the market revenues to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study.
Market Analysis and Insights: Cognitive Services Market Analysis & Insights
Cognitive Services Market Scope and Market Size
The key deliverables of this report are market statistics with detailed classifications and splits by revenue. Cognitive Services Market revenues segmented by technology, service type, application, deployment mode, end user, vertical and region. Players, stakeholders, and other participants in the global Cognitive Services Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis technology, service type, application, deployment mode, end user, vertical focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.Detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and company rankings.
Report further studies the market development status and future and Cognitive Services Market trend across the world. Also, it splits Cognitive Services Market segmentation by technology, service type, application, deployment mode, end user, vertical and region to deep dive research and reveals market profile and prospects.
Major Classifications are as follows:
By Technology
- Machine learning and Deep learning
- Natural Language Processing
By Service Type
- Data Transformation
- Knowledge Management
- Cloud and Web- based Application Programming Interface
- Data integration and Cognitive automation
- Cognitive risk intelligence
- Consulting and advisory
- Training and support
- Communication monitoring
- Others
By Application
- Marketing Analysis
- Predictive Maintenance
- Supply chain management
- Quality management investigation and recommendation
- Safety and security management
- Diagnosis and treatment system
- Others
By Deployment Mode
- Cloud- based
- On-premise
By End User
- SME’s
- Large Enterprises
By Vertical
- BFSI
- Healthcare
- Retail
- IT & Telecommunication
- Government and Education
- Manufacturing
- Others
By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- Franc
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
- Rest of the World (RoW)
- Middle East
- Africa
- South America
Reason to purchase this Cognitive Services Market Report:
- Determine prospective investment areas based on a detailed trend analysis of the global Cognitive Services Market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and Cognitive Services Market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Cognitive Services Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Cognitive Services Market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Cognitive Services Market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Contents:
1. EXECUTIVE SUMMARY 2. INTRODUCTION 2.1. Key Takeaways 2.2. Report Description 2.3. Market Scope & Definition 2.4. Stakeholders 2.5. Research Methodology 2.5.1. Market Size 2.5.2. Key Data Points From Primary Sources 2.5.3. Key Data Points From Secondary Sources 2.5.4. List Of Primary Sources 2.5.5. List Of Secondary Sources 3. MARKET OVERVIEW 3.1. Industry Segmentation 3.2. Market Trends Analysis 3.3. Major Funding & Investments 3.4. Market Dynamics 3.4.1. Drivers 3.4.2. Restraints 3.4.3. Opportunities 3.5. Value Chain Analysis 3.6. Pricing Analysis 4. IMPACT OF COVID-19 ON COGNITIVE SERVICES MARKET 4.1. Impact Of Covid-19 On Cognitive Services Market, By Technology 4.2. Impact Of Covid-19 On Cognitive Services Market, By Service Type 4.3. Impact Of Covid-19 On Cognitive Services Market, By Application 4.4. Impact Of Covid-19 On Cognitive Services Market, By Deployment Mode 4.5. Impact Of Covid-19 On Cognitive Services Market, By End User 4.6. Impact Of Covid-19 On Cognitive Services Market, By Vertical 4.7. Impact of Covid-19 On Cognitive Services Market, By Region 5. COGNITIVE SERVICES MARKET, BY TECHNOLOGY 5.1. Introduction 5.2. Machine learning and Deep learning 5.3. Natural Language Processing 6. COGNITIVE SERVICES MARKET, BY SERVICE TYPE 6.1. Introduction 6.2. Data Transformation 6.3. Knowledge Management 6.4. Cloud and Web- based Application Programming Interface 6.5. Data integration and Cognitive automation 6.6. Cognitive risk intelligence 6.7. Consulting and advisory 6.8. Training and support 6.9. Communication monitoring 6.10. Others 7. COGNITIVE SERVICES MARKET, BY APPLICATION 7.1. Introduction 7.2. Marketing Analysis 7.3. Predictive Maintenance 7.4. Supply chain management 7.5. Quality management investigation and recommendation 7.6. Safety and security management 7.7. Diagnosis and treatment system 7.8. Others 8. BY DEPLOYMENT MODE 8.1. Introduction 8.2. Cloud- based 8.3. On-premise 9. BY END USER 9.1. Introduction 9.2. SME’s 9.3. Large Enterprises 10. BY VERTICAL 10.1. Introduction 10.2. BFSI 10.3. Healthcare 10.4. Retail 10.5. IT & Telecommunication 10.6. Government and Education 10.7. Manufacturing 10.8. Others 11. BY GEOGRAPHY 11.1. Introduction 11.2. North America 11.2.1. U.S. 11.2.2. Canada 11.3. Europe 11.3.1. Germany 11.3.2. U.K. 11.3.3. France 11.3.4. Rest of Europe 11.4. Asia Pacific 11.4.1. China 11.4.2. Japan 11.4.3. India 11.4.4. Rest Of Asia Pacific 11.5. Rest of the World 11.5.1. Middle East 11.5.2. Africa 11.5.3. Latin America 12. COMPETITIVE ANALYSIS 12.1. Introduction 12.2. Top Companies Ranking 12.3. Market Share Analysis 12.4. Recent Developments 12.4.1. New Product Launch 12.4.2. Mergers & Acquisitions 12.4.3. Collaborations, Partnerships & Agreements 12.4.4. Rewards & Recognition 13. COMPANY PROFILES 13.1. IBM 13.2. Microsoft 13.3. Google 13.4. AWS 13.5. Baidu 13.6. Nuance Communications 13.7. Qualcomm Technologies 13.8. SAS 13.9. Apple 13.10. TCS 13.11. Nokia 13.12. Expert System 13.13. Verbio Technologies 13.14. Softweb Solutions 13.15. Folio3 Software 13.16. Fusion Informatics 13.17. Inbenta 13.18. Cognitivescale 13.19. Ipsoft
TOC
Table and Figures
Methodology:
At MarketDigits, we take immense pride in our 360° Research Methodology, which serves as the cornerstone of our research process. It represents a rigorous and comprehensive approach that goes beyond traditional methods to provide a holistic understanding of industry dynamics.
This methodology is built upon the integration of all seven research methodologies developed by MarketDigits, a renowned global research and consulting firm. By leveraging the collective strength of these methodologies, we are able to deliver a 360° view of the challenges, trends, and issues impacting your industry.
The first step of our 360° Research Methodology™ involves conducting extensive primary research, which involves gathering first-hand information through interviews, surveys, and interactions with industry experts, key stakeholders, and market participants. This approach enables us to gather valuable insights and perspectives directly from the source.
Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.
Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.
In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.
To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.
The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.
In summary, our 360° Research Methodology is designed to provide you with a deep understanding of your industry by integrating various research techniques, industry expertise, and data-driven analysis. It ensures that every business decision you make is based on a well-triangulated and comprehensive research experience.
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Covered Key Topics
Growth Opportunities
Market Growth Drivers
Leading Market Players
Company Market Share
Market Size and Growth Rate
Market Trend and Technological
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