Cognitive Computing analysis research and trends report for 2017-2024

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Cognitive Computing Market trends research and
projections for 2017-2024 Global Market Insights
Inc.
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Regional Analysis of Cognitive Computing Market

• Adoption of integrated cloud platforms and the
  growing application of big data analytics are the
  key factors promoting the domination of North
  America cognitive computing market. Additionally,
  the high focus on data security and cyber breach
  instances have led to the increase in regulations
  and mandates favoring the growth of this
  software. Asia Pacific cognitive computing market
  is anticipated to have a high CAGR during the
  forecast time span owing to the growth of
  e-commerce sector, which relies heavily on
  understanding the customer to aid in the
  organizations decision-making process.

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Application Analysis of Cognitive Computing
Market

• Cognitive computing market segmentation on
  industry verticals include BFSI, healthcare,
  construction and engineering, oil and gas,
  retail, education, government and defense,
  transportation, and others. The healthcare
  industry is anticipated to experience a high
  growth during the forecast time period as it
  allows doctors and specialists to have access to
  the data collected from disparate and exogenous
  sources, take informed decisions, and examine
  critical attributes of a patient case.
• Segmentation of cognitive computing market by
  technology comprises natural language processing,
  automated reasoning, machine learning, and
  semantic analysis. Machine learning is
  anticipated to have the highest CAGR as it is
  widely used across various applications of
  cognitive computing and artificial intelligence.
  Machine learning is deployed by various
  industries in their operations. For instance, in
  the automotive sector, machine learning
  algorithms can enhance predictive maintenance
  capabilities that allow diagnoses of existing or
  historical events to prevent vehicle failures.

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Competitive Market Share of Cognitive Computing
Market

• Players operating in the cognitive computing
  market include Palantir, Tibco Software, IBM,
  Cognitive Scale, Microsoft Corporation, Saffron
  Technology, Google, ArisGlobal, Oracle
  Corporation, and SAP SE. In June 2017, ArisGlobal
  announced the launch of cloud-based ArisGlobal
  LifeSphere to support an entire product lifecycle
  of an organization from clinical development to
  the marketing and commercialization.

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