Cognitive Computing Market
Cognitive Computing Market By Technology(Nlp, Machine Learning, Automated Reasoning), By Deployment (Cloud, On-Premise), By Vertical (Aerospace & Defence, BFSI, Telecom And It, Energy And Power, Travel And Tourism And Other) - Industry Size, Global Trends, Competitive Analysis And Forecast, 2019-2025 Update Available - Forecast 2024-2030
Cognitive Computing Systems are self-learning systems that utilize machine learning models to understand the working of the brain. Cognitive computing technology will enable the creation of automated IT models which are capable of solving problems without human support. Examples of cognitive computing products includes Vantage Software, Café Well Concierge, Sofie, BrightMinded, WayBlazer, and Edge Up Sports. Cognitive computing impacts every area of lives, from travel, sports, and entertainment, to fitness, health and wellness including the health of pets. Several companies showcasing cognitive computing products in these various industries. For instance, Welltok is a cognitive computing market company solution provider that offer CaféWell Concierge with capability to process large amount of data rapidly to solve individuals’ questions and make intelligent, personalized recommendations. Welltok offers Café Well Concierge to health insurers, providers, and similar organizations as a way to help their subscribers and patients improve their overall health.
The market growth is driven by some major factors such as rising application of cognitive computing in healthcare and increasing demand for the natural language processing (NLP) technology. Further, increasing adoption of cloud-based technology and presence of large number of market players is also significant factors which is predicted to drive the growth of the global cognitive computer market. However, there are some factors which is expected to hinder the growth of the market such meticulous training process and issues in analysis of unstructured data. Large amount of unstructured data can be difficult to understand. Advancement in cognitive computer technology can solve this issue and can create enormous opportunity for the market in coming year.
The global cognitive computer market is analysed on the basis of geographical regions that are contributing significantly to the growth of the market. North America is estimated to be the dominating region in the global cognitive computer market. Presence of large number of market players and increasing demand for the natural language processing (NLP) technology are estimated to be the major factors that are backing the growth of the market. Whereas, Asia Pacific is estimated to be the fastest growing region during the forecast period. Increasing adoption of cloud-based technology and growing advancement in cognitive computer technology are some of the major factors that are driving the growth of the cognitive computer market in the region.
The companies present actively in the global cognitive computer market are Cisco, Cognitive Scale, Expertsystem, Google, Inc., IBM Watson, Microsoft Corporation, Numenta, Palantir, Saffron Technology, Sparkcognition, Vicarious. Apixio received $19M Series D funding that fuels cognitive computing in healthcare sector. The company’s platform is tapping into the 80% of healthcare data that is unstructured, with the ultimate goal of advancing the science of medicine.
Research Methodology
The market study of cognitive computer market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The OMR team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country level analysis is provided by analysing various regional players, regional tax laws and policies, consumer behaviour and macro-economic factors. The numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analysts to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts to get first-hand information. Primary research brings authenticity to our reports.
Secondary Sources Include
- Financial reports of companies involved in the market
- Whitepapers, research-papers and news blogs
- Company websites and their product catalogue
- Supplier Websites such as Alibaba, amazon for pricing analysis
The report is intended for hospitals, diagnostics laboratories, computer institutes for overall market analysis and competitive analysis. The report provides in-depth analysis on pricing, market size, and intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
The Report Covers
- Comprehensive research methodology of global Cognitive Computing Market.
- This report also includes detailed and extensive market overview with analyst insights & key market trends.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Cognitive Computing Market.
- Insights about market determinants which are stimulating the global Cognitive Computing Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
CHAPTER 1. REPORT SUMMARY
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
CHAPTER 2. MARKET OVERVIEW AND INSIGHTS
2.1. DEFINITION
2.2. ANALYST INSIGHT & CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
2.2.2. RECOMMENDATION
2.2.3. CONCLUSION
2.3. REGULATIONS
2.3.1.1. UNITED STATES
2.3.1.2. EUROPEAN UNION
2.3.1.3. CHINA
2.3.1.4. INDIA
CHAPTER 3. MARKET DETERMINANTS
3.1. MOTIVATORS
3.1.1. APPLICATION OF COGNITIVE COMPUTING IN HEALTHCARE
3.1.2. INCREASING DEMAND FOR THE NATURAL LANGUAGE PROCESSING (NLP) TECHNOLOGY
3.1.3. INCREASING ADOPTION OF CLOUD-BASED TECHNOLOGY
3.1.4. PRESENCE OF LARGE NUMBER OF MARKET PLAYERS
3.2. RESTRAINT
3.2.1. METICULOUS TRAINING PROCESS
3.2.2. ISSUES IN ANALYSIS OF UNSTRUCTURED DATA
3.3. OPPORTUNITY
3.3.1. TECHNOLOGICAL INNOVATIONS IN CONGNITIVE COMPUTER TECHNOLOGY
3.3.2. INVESTORS ARE BACKING NEW ENTRANTS
CHAPTER 4. MARKET SEGMENTATION
4.1. GLOBAL COGNITIVE COMPUTER MARKET BY TECHNOLOGY
4.1.1. NATURAL LANGUAGE PROCESSING
4.1.2. MACHINE LEARNING
4.1.3. AUTOMATED REASONING
4.1.4. OTHER (INFORMATION RETRIEVAL)
4.2. GLOBAL COGNITIVE COMPUTER MARKET BY DEPLOYMENT
4.2.1. CLOUD
4.2.2. ON-PREMISE
4.3. GLOBAL COGNITIVE COMPUTER MARKET BY VERTICAL
4.3.1. AEROSPACE AND DEFENCE
4.3.2. BFSI
4.3.3. TELECOM AND IT
4.3.4. CONSUMER GOODS AND RETAIL
4.3.5. ENERGY AND POWER
4.3.6. TRAVEL AND TOURISM
4.3.7. MEDIA AND ENTERTAINMENT
4.3.8. EDUCATION AND RESEARCH
4.3.9. OTHERS
CHAPTER 5. COMPETITIVE LANDSCAPE
5.1. KEY COMPANY ANALYSIS
5.2. KEY STRATEGY ANALYSIS
CHAPTER 6. REGIONAL ANALYSIS
6.1. NORTH AMERICAN
6.1.1. UNITED STATES
6.1.2. CANADA
6.2. EUROPE
6.2.1. U.K
6.2.2. GERMANY
6.2.3. ITALY
6.2.4. SPAIN
6.2.5. FRANCE
6.2.6. ROE
6.3. ASIA PACIFIC
6.3.1. INDIA
6.3.2. CHINA
6.3.3. JAPAN
6.3.4. ROAPAC
6.4. REST OF THE WORLD
CHAPTER 7. COMPANY PROFILES
7.1. 3DSIGNALS
7.2. ACCELERATED DYNAMICS
7.3. AFFECTIVA
7.4. AIBRAIN
7.5. AICURE
7.6. ALGOLUX
7.7. AMPLERO
7.8. APIXIO
7.9. AYLIEN
7.10. BAY LABS
7.11. BLOOMSBURY AI
7.12. BMLL TECHNOLOGIES
7.13. BRAINCHIP HOLDINGS LTD.
7.14. CISCO
7.15. COGNICOR
7.16. COGNITIVE SCALE
7.17. COLD LIGHT
7.18. CUSTOMERMATRIX
7.19. DEEPMIND
7.20. ENTERRA SOLUTIONS
7.21. ENTERRA SOLUTIONS
7.22. EXPERTSYSTEM
7.23. GOOGLE, INC.
7.24. HPE HAVEN ONDEMAND
7.25. IBM WATSON
7.26. MICROSOFT CORPORATION
7.27. NUMENTA
7.28. PALANTIR
7.29. SAFFRON TECHNOLOGY
7.30. SPARKCOGNITION
7.31. VICARIOUS
LIST OF TABLES
TABLE # 1 GLOBAL COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
TABLE # 2 GLOBAL NATURAL LANGUAGE PROCESSING MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 3 GLOBAL MACHINE LEARNING MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 4 GLOBAL AUTOMATED REASONING MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 5 GLOBAL OTHER TECHNOLOGIES MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 6 GLOBAL COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2017-2023 ($ MILLION)
TABLE # 7 GLOBAL CLOUD BASED MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 8 GLOBAL ON-PREMISE MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 9 GLOBAL COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2017-2023 ($ MILLION)
TABLE # 10 GLOBAL AEROSPACE AND DEFENCE MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 11 GLOBAL BFSI MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 12 GLOBAL TELECOM AND IT MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 13 GLOBAL CONSUMER GOODS AND RETAIL MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 14 GLOBAL ENERGY AND POWER MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 15 GLOBAL TRAVEL AND TOURISM MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 16 GLOBAL MEDIA AND ENTERTAINMENT MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 17 GLOBAL EDUCATION AND RESEARCH MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 18 GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 19 GLOBAL COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2017-2023 ($ MILLION)
TABLE # 20 NORTH AMERICAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 21 NORTH AMERICAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
TABLE # 22 NORTH AMERICAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2017-2023 ($ MILLION)
TABLE # 23 NORTH AMERICAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2017-2023 ($ MILLION)
TABLE # 24 EUROPEAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 25 EUROPEAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
TABLE # 26 EUROPEAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2017-2023 ($ MILLION)
TABLE # 27 EUROPEAN COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2017-2023 ($ MILLION)
TABLE # 28 APAC COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 29 APAC COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
TABLE # 30 APAC COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2017-2023 ($ MILLION)
TABLE # 31 APAC COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2017-2023 ($ MILLION)
TABLE # 32 ROW COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
TABLE # 33 ROW COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2017-2023 ($ MILLION)
TABLE # 34 ROW COGNITIVE COMPUTER MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2017-2023 ($ MILLION)
LIST OF FIGURES
FIGURE # 1 GLOBAL COGNITIVE COMPUTER MARKET SHARE BY TECHNOLOGY, 2017 VS 2023 (%)
FIGURE # 2 GLOBAL COGNITIVE COMPUTER MARKET SHARE BY DEPLOYMENT, 2017 VS 2023 (%)
FIGURE # 3 GLOBAL COGNITIVE COMPUTER MARKET SHARE BY VERTICAL, 2017 VS 2023 (%)
FIGURE # 4 GLOBAL COGNITIVE COMPUTER MARKET SHARE BY GEOGRAPHY, 2017 VS 2023 (%)
FIGURE # 5 US COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 6 CANADA COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 7 UK COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 8 FRANCE COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 9 GERMANY COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 10 ITALY COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 11 SPAIN COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 12 ROE COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 13 INDIA COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 14 CHINA COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 15 JAPAN COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 16 ROAPAC COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 17 REST OF THE WORLD COGNITIVE COMPUTER MARKET SIZE, 2017-2023 ($ MILLION)
