Cognitive analytics is a data forward approach, in which intelligent technologies are used to collect, extract, manage, and control data as well as data sources. It enables enterprises and businesses to leverage data collected from various data sources and analyze the information for decision making and business intelligence. Cognitive analytics is often used for human-like intelligence tasks such as text-to-speech recognition and speech-to-text or object recognition. It uses multiple intelligent technologies such as artificial intelligence, machine learning, deep learning, semantic computing, and image recognition among others in order to analyze data and generate insights or business intelligence.
Rise in demand for automation and knowledge-intensive across business operations is primarily driving the cognitive analytics solutions market. Additionally, rise in demand for personalized and profitable customer interactions from small and medium enterprises (SMEs) and large enterprises is anticipated to drive the market during forecast period. The cognitive analytics solutions market is likely to be propelled due to an increase in adoption and use of the solutions for self-correcting and human cognition for continuous learning. Furthermore, technology advancements as well as integration of advanced platforms such as Big Data are fuelling the cognitive analytics solutions market. SMEs and large enterprises across the world are emphasizing on adopting cognitive analytics solutions in order to understand and process Big Data and structured and unstructured data in real-time.
In 2018, the global Cognitive Analytics Solutions market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Cognitive Analytics Solutions status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cognitive Analytics Solutions development in United States, Europe and China.
The key players covered in this study
IBM
Amazon Web Services
Google
Microsoft
Oracle
SAS Institute
Intel
Cisco Systems
Nokia
HPE
Nuance Communications
Ipsoft
Narrative Science
Sinequa
Persado
Market segment by Type, the product can be split into
Managed Services
Professional Services
Consulting Services
Deployment And Integration
Support And Maintenance
Market segment by Application, split into
Asset Maintenance
Fraud And Risk Management
Customer Analysis And Personalization
Sales And Marketing Management
Supply Chain Management
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Cognitive Analytics Solutions status, future forecast, growth opportunity, key market and key players.
To present the Cognitive Analytics Solutions development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Cognitive Analytics Solutions are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Cognitive Analytics Solutions Market Size, Status and Forecast 2019-2025. Industry analysis & Market Report on Cognitive Analytics Solutions Market Size, Status and Forecast 2019-2025 is a syndicated market report, published as Global Cognitive Analytics Solutions Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Cognitive Analytics Solutions Market Size, Status and Forecast 2019-2025 market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.