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Global Cognitive Computing Market Size, Trends & Growth Opportunity By Technology (Automated Reasoning, Machine Learning, Natural Language Processing, and Others), By Deployment Size (Small and medium Enterprises, Large Enterprises), By Deployment (On-Premise, Cloud), By Industry Vertical (BFSI, Healthcare, Retail, Government, IT & Telecommunication, Energy & Power), By Region and Forecast till 2027


Report ID : IR10094 | Industries : Energy & Power | Published On :May 2024 | Page Count : 245

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  • Global Cognitive Computing Market Size, Trends & Growth Opportunity By Technology (Automated Reasoning, Machine Learning, Natural Language Processing, and Others), By Deployment Size (Small and medium Enterprises, Large Enterprises), By Deployment (On-Premise, Cloud), By Industry Vertical (BFSI, Healthcare, Retail, Government, IT & Telecommunication, Energy & Power), By Region and Forecast till 2027
    Market Overview 
    Global Cognitive Computing Market was valued at USD 8.68 billion in 2021 which is expected to reach at USD 76.88 billion by 2027 at a CAGR 42.98% from 2022-2027.
    The hardware and software components of cognitive computing are Natural Language Processing (NLP) and machine language. The ability to gather, process, and interpret organisational data is a feature of cognitive computing. These systems function similarly to human brains. Technology foundations for cognitive computing include Automated Reasoning, Machine Learning, Natural Language Processing, and others.
    Market Drivers
    The growth of the global cognitive and computing markets is anticipated to be aided by an increase in demand for cognitive systems among large enterprises. Additionally, the growth of the global market for cognitive computing will be positively impacted by the increase in technological innovation and advancement. Additionally, the growth of the global market for cognitive computing is anticipated to be fueled by an increase in the use of big data, automated reasoning, and machine learning. Additionally, the development of the Internet of Things (IoT) will drive the global market for cognitive computing.
    Market Restraints
    However, the development of the global market for cognitive computing is anticipated to be hampered by a lack of awareness among small and medium-sized businesses in developed nations. The COVID 19 Pandemic will also hinder the expansion of the global market for cognitive computing. Since COVID 19 is a global crisis, an increase in COVID 19 patients is predicted to impede the growth of several markets, including ICT. 
    Market Segmentation
    Global Cognitive Computing Market is segmented into technology such as Automated Reasoning, Machine Learning, Natural Language Processing, and Others, by deployment size such as Small and medium Enterprises, and Large Enterprises, by deployment such as On-Premise, and Cloud. Further, Global Cognitive Computing Market is segmented into industry vertical such as BFSI, Healthcare, Retail, Government, IT & Telecommunication, Energy & Power, and Others.
    Also, Global Cognitive Computing Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The industry was dominated by North America. The rapid adoption of integrated cloud platforms and the emergence of new business models are credited with this growth. The importance of data security is likely to be promoted by strong government policies in the United States and Canada, hastening the implementation of these systems in the region. During the assessment period, the Asia Pacific is anticipated to grow at the fastest rate. Some positives have boded well for the regional outlook, including the skyrocketing internet penetration and the growing number of startups in India, China, Australia, and Japan.
    Market Key Players
    Various key players are discussed in this report such as Tibco Software Inc, SAS Institute Inc., SAP SE, Oracle Corporation, Nuance Communications Inc., Microsoft Corporation, International Business Machines Corporation, Hewlett Packard Enterprise Development LP, Google LLC , and 3M Company.
    Market Taxonomy 
    By Technology

    • Automated Reasoning
    • Machine Learning
    • Natural Language Processing
    • Others
    By Enterprise Size
    • Small and medium Enterprises
    • Large Enterprises
    By Deployment
    • On-Premise
    • Cloud
    By Industrial Vertical
    • BFSI
    • Healthcare
    • Retail
    • Government
    • IT & Telecommunication
    • Energy & Power
    • Other s
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

     

    Global Cognitive Computing Market TOC:
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Cognitive Computing Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Cognitive Computing Market, By Technology
    5.1 Y-o-Y Growth Comparison, By Technology
    5.2 Global Cognitive Computing Market Share Analysis, By Technology
    5.3 Global Cognitive Computing Market Size and Forecast, By Technology
    5.3.1 Automated reasoning
    5.3.2 Machine learning
    5.3.3 Natural language Processing
    5.3.4 Others
    6 Global Cognitive Computing Market, By Enterprise Size
    6.1 Y-o-Y Growth Comparison, By Enterprise Size
    6.2 Global Cognitive Computing Market Share Analysis, By Enterprise Size
    6.3 Global Cognitive Computing Market Size and Forecast, By Enterprise Size
    6.3.1 Small & Medium Size Enterprises
    6.3.2 Large Enterprises
    7 Global Liquid Packaging Bag Market, By Deployment
    7.1 Y-o-Y Growth Comparison, By Deployment
    7.2 Global Cognitive Computing Market Share Analysis, By Deployment
    7.3 Global Cognitive Computing Market Size and Forecast, By Deployment
    7.3.1 On-Premise
    7.3.2 Cloud

    8 Global Liquid Packaging Bag Market, By Industrial Vertical
    8.1 Y-o-Y Growth Comparison, By Industrial Vertical
    8.2 Global Cognitive Computing Market Share Analysis, By Industrial Vertical
    8.3 Global Cognitive Computing Market Size and Forecast, By Industrial Vertical
    8.3.1 BFSI
    8.3.2 Healthcare
    8.3.3 Retail
    8.3.4Government
    8.3.5IT & Telecommunication
    8.3.6Energy & Power
    8.3.7 Others
    9Global Liquid Packaging Bag Market, By Region
    9.1 Global Cognitive Computing Market Share Analysis, By Region
    9.2 Global Cognitive Computing Market Share Analysis, By Region
    9.3 Global Cognitive Computing Market Size and Forecast, By Region
    10 North America Liquid Packaging Bag Analysis and Forecast (2017 – 2027)
    10.1 Introduction
    10.2 North America Cognitive Computing Market Share Analysis, By Technology
    10.3 North America Cognitive Computing Market Size and Forecast, By Enterprise Size
    10.4 North America Cognitive Computing Market Size and Forecast, By Deployment
    10.5 North America Cognitive Computing Market Size and Forecast, By Industrial Vertical
    10.6 North America Cognitive Computing Market Size and Forecast, By Country
    10.6.1 U.S.
    10.6.2 Canada
    10.6.3 Mexico
    11Europe Liquid Packaging Bag Market Analysis and Forecast (2017 – 2027)
    11.1 Introduction
    11.2 Europe Cognitive Computing Market Share Analysis, By Technology
    11.3 Europe Cognitive Computing Market Size and Forecast, By Enterprise Size 
    11.4 Europe Cognitive Computing Market Size and Forecast, By Deployment
    11.5 Europe Cognitive Computing Market Size and Forecast, By Industrial Vertical
    11.6 Europe Cognitive Computing Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.64. Rest of Europe
    12Asia Pacific Liquid Packaging Bag Market Analysis and Forecast (2017 – 2027)
    12.1 Introduction
    12.2 Asia Pacific Cognitive Computing Market Share Analysis, By Technology
    12.3 Asia Pacific Cognitive Computing Market Size and Forecast, By Enterprise Size  
    12.4 Asia Pacific Cognitive Computing Market Size and Forecast, By Deployment
    12.5 Asia Pacific Cognitive Computing Market Size and Forecast, By Industrial Vertical
    12.6 Asia Pacific Cognitive Computing Market Size and Forecast, By Country
    12.6.1 China
    12.6.2 Japan
    12.6.3 India
    12.6.4. Rest of Asia Pacific
    13Latin America Liquid Packaging Bag Market Analysis and Forecast (2017 – 2027)
    13.1 Introduction
    13.2 Latin America Cognitive Computing Market Share Analysis, By Technology
    13.3 Latin America Cognitive Computing Market Size and Forecast, By Enterprise Size 
    13.4 Latin America Cognitive Computing Market Size and Forecast, By Deployment
    13.5 Latin America Cognitive Computing Market Size and Forecast, By Industrial Vertical
    13.6 Latin America Cognitive Computing Market Size and Forecast, By Country
    14Middle East Liquid Packaging Bag Market Analysis and Forecast (2017 – 2027)
    14.1 Introduction
    14.2 Middle East Cognitive Computing Market Share Analysis, By Technology
    14.3 Middle East Cognitive Computing Market Size and Forecast, By Enterprise Size 
    14.4 Middle East Cognitive Computing Market Size and Forecast, By Deployment
    14.5 Middle East Cognitive Computing Market Size and Forecast, By Industrial Vertical
    14.6 Middle East Cognitive Computing Market Size and Forecast, By Country
    15Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16Company Profiles
    16.1 Tibco Software Inc
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2 SAS Institute Inc
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3 SAP SE
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4 Oracle Corporation
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5 Nuance Communications Inc
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6 Microsoft Corporation
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7 International Business Machines Corporation
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies 
    16.8 Hewlett Packard Enterprise Development LP
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies 
    16.9 Google LLC 
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies 
    16.10 3 M Company
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies