The global cognitive operation market is anticipated to grow at a significant CAGR of 21.2% during the forecast period. The organization is implementing cognitive operation technology to improve the user's experience, increase the return on investment and gain competitive advantages in the industry around the world. The major factor for the growth of the market is increasing technological advancement and optimized spectrum utilization. Moreover, with the advancement of technology and digital production, IT operations become more important and complex across all industries. There is a need for effective management of these activities in order to achieve a competitive advantage. Therefore, many businesses focus on improving system performance by achieving performance and server performance analysis, infrastructure, and IT applications. This, in turn, increases the need for the adoption of psychological solutions.
Prominent players operating in the market are focusing on collaborating with other companies to offer better product and services to their customers. For instance, IBM partnered with Nlyte Software to offer the first cognitive Data Center Infrastructure Management (DCIM) solution, the solution named Nlyte Machine Learning. The solution has been designed with an aim to address issues in data centers by incorporating cognitive capabilities from IBM Watson IoT.
Impact of COVID-19 Pandemic on Global Cognitive Operation Market
The COVID-19 pandemic has impacted the global economy due to a slowdown in the manufacturing of various industries. It has expected to affect the cognitive operation market in 2020. Due to lockdown all businesses moving online for operations is a very heavy load on the telecom industry. Additionally, it encourages to invest in cognitive technology to overcome this problem in hard times, which is boosting the growth of the market.
Segmental Outlook
The global cognitive operation market is segmented based on the component, deployment mode application, enterprise size, and vertical end-user. Based on the component, the market is segmented into, solutions and services. The deployment model market is sub-segmented into cloud and on-premises. The application of the market is sub-segmented into IT operation analytics, application performance management, infrastructure management, network analytics, security analytics, and others. Based on enterprise size market is sub-segmented into large enterprises and SMEs. The vertical of the market is sub-segmented into BFSI, healthcare and life science, IT and telecom, retail and e-commerce, manufacturing, government, media and entertainment, and others.
Global Cognitive Operation Market Share by Material, 2021 (%)
The Cloud Segment is Anticipated to Hold a Prominent Share in the Global Cognitive Operation Market
The cloud based cognitive operation segment is predicated to hold lucrative market shareduring the forecast period.. The growing need to monitor and analyse the complex IT environment is an important factor driving the demand for cloud based cognitive operations services and solutions... Cloud based cognitive operations offers benefits such as higher scalability, lower cost, easy to diploy due to which companies prefer opting for this solution. However, the lack of technology to analyse and manage progress in this process is expected to limit the growth of the market.
Regional Outlooks
The global cognitive operation market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The North American cognitive operation market is expected to hold a prominent market share due to the presence of several key market players. Moreover, shifting organization’s focus towards adoption of cloud based cognitive operations IT solutions to reduce the operational cost accelerating the market growth in Asia-Pacific region.
Global Cognitive Operation Market Growth, by Region 2022-2028
The North America region is estimated to Hold the Considerable Share in the Global Cognitive Operation Market
North America is anticipated to hold a prominent share in the market. It is owing to the adoption of cognitive operation technology by industry verticals and the presence of keyplayer in U.S. and Canada. The increased need to reduce operating costs and improve customer experience among various user industries, increased advances in IT operations, and increased demand for cloud-based technology in the region. Moreover, the rise in disposable income in these countries, and growth in urbanization is further projected to accelerate the market growth.
Market Players Outlook
The major companies serving the global cognitive operation market include Appnomic Systems Pvt. Ltd, BMC Software, Inc., IBM Corporation, HCL Technologies, BMC Software, and others. The market players are considerably contributing to the market growth by the adoption of various types of strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market.
For instance, in November 2021, the growing adaptation of SDR in the telecom sector and technological advances stand as a key factor boosting the global SDR market growth. In addition, the increasing SDR across the industrial, residential and commercial sectors. The cognitive operation and smart processing into SDR with increasing expenditure on military and defense sector by the various government as an aid in the expansion of the market.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Cognitive Operation Market
• Recovery Scenario of Global Cognitive Operation Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. BMC Software, Inc.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. CA Technologies
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cloudfabrix Software Inc
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.3.5. HCL Technologies Overview
3.3.6. Financial Analysis
3.3.7. SWOT Analysis
3.3.8. Recent Developments
3.4. IBM Corp
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
3.6. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Cognitive Operation Market by Component
4.1.1. Solutions
4.1.2. Services
4.2. Global Cognitive Operation Market by Deployment
4.2.1. Cloud
4.2.2. On-Premises
4.3. Global Cognitive Operation Market by Application
4.3.1. IT Operations Analytics
4.3.2. Application Performance Management
4.3.3. Infrastructure Management
4.3.4. Network Analytics
4.3.5. Security Analytics
4.3.6. Others
4.4. Global Cognitive Operation Market by Enterprise
4.4.1. Large Enterprise
4.4.2. SMEs
4.5. Global Cognitive Operation Market by Vertical
4.5.1. BFSI
4.5.2. Healthcare and Life Science
4.5.3. IT and Telecom
4.5.4. Retail and E-Commerce
4.5.5. Manufacturing
4.5.6. Government
4.5.7. Media and Entertainment
4.5.8. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Appnomic Systems Pvt. Ltd
6.2. BAE System Plc
6.3. Broadcom Corporation .
6.4. Google LLC
6.5. HCL Technologies
6.6. Hewlett Pcakard Enterprise Development LP
6.7. Micro Focus International Plc
6.8. Microsoft Corporation
6.9. New Relic, Inc.
6.10. Nuance Communications Inc.
6.11. Oracle Corporation
6.12. SAS Institute Inc.
6.13. Servicenow Inc.
6.14. Splunk Inc
6.15. Tibco Software Inc.
6.16. VMware, ILnc.
6.17. XG Technology, Inc.
1. GLOBAL COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028($ MILLION)
2. GLOBAL COGNITIVE OPERATION SOLUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
3. GLOBAL COGNITIVE OPERATION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
4. GLOBAL COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028($ MILLION)
5. GLOBAL CLOUD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
6. GLOBAL ON-PREMISES COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
7. GLOBAL COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY APPLICATION 2021-2028($ MILLION)
8. GLOBAL COGNITIVE OPERATION IN IT OPERATION ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
9. GLOBAL COGNITIVE OPERATION IN APPLICATION PERFORMANCE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
10. GLOBAL COGNITIVE OPERATION IN INFRASTRUCTURE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
11. GLOBAL COGNITIVE OPERATION IN NETWORK ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
12. GLOBAL COGNITIVE OPERATION IN SECURITY ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION 2021-2028($ MILLION)
13. GLOBAL COGNITIVE OPERATION IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
14. GLOBAL COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE 2021-2028($ MILLION)
15. GLOBAL COGNITIVE OPERATION FOR LARGE ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
16. GLOBAL COGNITIVE OPERATION FOR SMEs MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
17. GLOBAL COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY VERTICAL 2021-2028($ MILLION)
18. GLOBAL COGNITIVE OPERATION FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
19. GLOBALCOGNITIVE OPERATION FOR HEALTHCARE AND LIFE SCIENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
20. GLOBAL COGNITIVE OPERATION FOR IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
21. GLOBAL COGNITIVE OPERATION FOR RETAIL AND E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
22. GLOBAL COGNITIVE OPERATION FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
23. GLOBAL COGNITIVE OPERATION FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
24. GLOBAL COGNITIVE OPERATION FOR MEDIA AND ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
25. GLOBAL COGNITIVE OPERATION FOR OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
26. GLOBAL COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028($ MILLION)
27. NORTH AMERICAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
28. NORTH AMERICAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028($ MILLION)
29. NORTH AMERICAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028($ MILLION)
30. NORTH AMERICAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028($ MILLION)
31. NORTH AMERICAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2021-2028($ MILLION)
32. NORTH AMERICAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028($ MILLION)
33. EUROPEAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
34. EUROPEAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028($ MILLION)
35. EUROPEAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028($ MILLION)
36. EUROPEAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028($ MILLION)
37. EUROPEAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE, 2021-2028($ MILLION)
38. EUROPEAN COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028($ MILLION)
39. ASIA-PACIFIC COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
40. ASIA-PACIFIC COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028($ MILLION)
41. ASIA-PACIFIC COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY DEPLOYEMENT MODE , 2021-2028($ MILLION)
42. ASIA-PACIFIC COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028($ MILLION)
43. ASIA-PACIFIC COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY ENTERPRISE SIZE , 2021-2028($ MILLION)
44. ASIA-PACIFIC COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028($ MILLION)
45. REST OF THE WORLD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
46. REST OF THE WORLD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028($ MILLION)
47. REST OF THE WORLD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY DEPLOYEMENT MODE , 2021-2028($ MILLION)
48. REST OF THE WORLD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028($ MILLION)
49. REST OF THE WORLD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY ENTERPRISE, 2021-2028($ MILLION)
50. REST OF THE WORLD COGNITIVE OPERATION MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2021-2028($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL COGNITIVE OPERATION MARKET, 2021-2028($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL COGNITIVE OPERATION MARKET BY SEGMENT, 2021-2028($ MILLION)
3. RECOVERY OF GLOBAL COGNITIVE OPERATION MARKET, 2021-2028(%)
4. GLOBAL COGNITIVE OPERATION MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
5. GLOBAL COGNITIVE OPERATION SOLUTION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL COGNITIVE OPERATION SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL COGNITIVE OPERATIONMARKET SHARE BY DEPLOYMENT MODE, 2021 VS 2028 (%)
8. GLOBAL CLOUD COGNITIVE OPERATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL ON-PREMISES COGNITIVE OPERATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL COGNITIVE OPERATION MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL COGNITIVE OPERATION IN IT APPLICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL COGNITIVE OPERATION IN APPLICATION PERFORMANCE MANAGEMENT ANALYSIS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL COGNITIVE OPERATION IN INFRASTRUCTURE MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL COGNITIVE OPERATION IN NETWORK ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL COGNITIVE OPERATION IN SECURITY ANALYTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL COGNITIVE OPERATION IN OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL COGNITIVE OPERATION MARKET SHARE BY ENTERPRISE SIZE, 2021 VS 2028 (%)
18. GLOBAL COGNITIVE OPERATION FOR LARGE ENTERPRISE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL COGNITIVE OPERATION FOR SME MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL COGNITIVE OPERATION MARKET SHARE BY VERTICAL, 2021 VS 2028 (%)
21. GLOBAL COGNITIVE OPERATION FOR BFSI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL COGNITIVE OPERATION FOR HEALTHCARE AND LIFE SCIENCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL COGNITIVE OPERATION FOR IT AND TELECOM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. GLOBAL COGNITIVE OPERATION FOR RETAIL AND E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
25. GLOBAL COGNITIVE OPERATION FOR MANUFACTURING IN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
26. GLOBAL COGNITIVE OPERATION FOR GOVERNMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
27. GLOBAL COGNITIVE OPERATION FOR MEDIA AND ENTERTAINMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
28. GLOBAL COGNITIVE OPERATION FOR OTHER VERTICALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
29. GLOBAL COGNITIVE OPERATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
30. US COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
31. CANADA COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
32. UK COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
33. FRANCE COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
34. GERMANY COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
35. ITALY COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
36. SPAIN COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
37. REST OF EUROPE COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
38. INDIA COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
39. CHINA COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
40. JAPAN COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
41. SOUTH KOREA COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
42. REST OF ASIA-PACIFIC COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)
43. REST OF THE WORLD COGNITIVE OPERATION MARKET SIZE, 2021-2028($ MILLION)