Title: Cognitive Computing Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Cognitive Computing MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Cognitive Computing Market size is forecast to
reach 58.28 billion by 2025, after growing at a
CAGR of 27.5 during 2020-2025. - The increasing incorporation of artificial
intelligence and Internet of Things between
software and hardware platform and also the need
for big data analytics are driving the need for
cognitive business.
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- Key Takeaways
- North America dominates the cognitive computing
market owing to increasing advancements in the IT
sector and the presence of giants such as IBM,
Microsoft and Google. - The increasing collaboration of machine learning
with artificial intelligence and IoT is fueling
the growth of the cognitive computing industry.
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Cognitive Computing Type of Technology -
Segment Analysis The Natural Language Processing
(NLP) segment holds the largest share in the
cognitive computing market in 2019. The
deployment in technology has led NLP to play a
significant role in facilitating text analytics
and is also significantly contributing to the
upgradation of progressive speech and text which
will accelerate in the coming years. The
significant demand for natural language
processing in applications such as intelligent
chatbots, speech-to-text and semantic search will
further propagate the cognitive computing
market.
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- Cognitive Computing Market Industry Outlook
- Google Inc.,
- Hewlett-Packard Development Company,
- International Business Machine Corporation,
- Microsoft Corporation,
- Nuance Communications, Inc.,
- Oracle Corporation,
- SAP SE,
- TIBCO Software Inc.,
- SAS Institute Inc
- Saffron Technology, Inc. .
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Cognitive Computing Market- Forecast(2022 -
2027) Learn More About the Report _at_
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- Analyst Briefing
- Data Tables
- Key Contacts
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