The report offers detailed coverage of Cognitive Computing Technology industry and main market trends. Cognitive computing is executed through a computer-generated model mimicking the human process of thinking and cognitive ability in the form of simulation over a specialized platform. The process of transforming thoughts into simulation involves systems for self-learning, to extract unstructured data and churn out insightful analytics, to recognize patterns unable to be spotted by the human eye, and to process and identify language formation and structure behind it.
At present, the market is highly dominated by North America. The reason behind high market share of North America is the technological advancements and growing volume of unstructured data. Additionally, heavy investments in research & development from the leading vendors are also helping in the market to develop.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cognitive Computing Technology by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Cognitive Computing Technology market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Cognitive Computing Technology market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Cognitive Computing Technology market for 2015-2027.
Key Companies
Google
IBM
Microsoft Corporation
Expert System
SparkCognition
Cisco Systems
HPE
Palantir Technologies
Saffron Technology
ColdLight Solutions
CognitiveScale
Enterra Solutions
Numenta
Vicarious
CustomerMatrix
DataRobot
At the same time, we classify Cognitive Computing Technology according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Natural Language Processing (NLP)
Machine Learning
Automated Reasoning
Others
Market by Application
BFSI
Transportation
Retail
Energy & Power
IT & Telecom
Aerospace & Defense
Others
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cognitive Computing Technology market for the forecast period 2021 - 2027?
• What are the driving forces in the Cognitive Computing Technology market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cognitive Computing Technology industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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