Global Cognitive Computing Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026

Date : May 2020

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Report ID : 287

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Category : Information Technology

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Report Format:  PDF EXCEL PPT WORD

The global cognitive computing market was valued at USD 9,213.4 million in 2018 and is expected to reach USD xx million in 2026, growing at a CAGR of 31.3% during the forecast period.

Cognitive computing systems are developed by using machine learning algorithms and Natural Language Processing (NLP) to analyse and predict a particular situation. The growth of the cognitive computing market is primarily driven by the increasing volume of complex data and evolution in computing platforms such as mobile, cloud, and big data analytics. Moreover, new technologies like driverless cars and rising research & development on emerging technology are expected to create lucrative opportunities in the global cognitive computing market over the forecast period. However, high cost of deployment is expected to impede the growth of the global market during the forecast period.

Cognitive Computing Market Segmentation

By Technology 1. Machine Learning
2. Natural Language Processing (NLP)
3. Automated Reasoning
4. Information Retrieval
5. Others
 
By Deployment 1. Cloud
2. On-Premises
 
By Organization Size 1. Small Enterprises
2. Medium Enterprises
3. Large Enterprises
 
By Application 1. Fraud and Risk Management
2. Sales and Marketing Management
3. Asset Management
4. Supply chain management
5. Social Media Monitoring
6. E-Learning
7. Self-Driving Cars
8. Others
 
By End-use Industry 1. IT & Telecom
2. Retail
3. BFSI
4. Aerospace and Defense
5. Energy and Utilities
6. Transportation & Logistics
7. Media and Entertainment
8. Education and Research
9. Government
10. Others
 
By Region 1. North America (US and Canada)
2. Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
3. Asia Pacific (China, Japan, India, South Korea, Southeast Asia and Rest of Asia Pacific)
4. Latin America (Brazil, Mexico and Rest of Latin America)
5. Middle East & Africa (GCC and Rest of Middle East & Africa)
 


Natural Language Processing (NLP) held a dominating share in the global cognitive computing market in 2018

Based on technology, the global cognitive computing market has been segmented into machine learning, Natural Language Processing (NLP), automated reasoning, information retrieval, and others. The Natural Language Processing (NLP) segment held a dominating share in the global market in 2018. Natural Language Processing (NLP) is one of the prominent technologies utilized due to its in-built capacity for processing natural language interactions. The rising usage of automated reasoning, machine learning, and big data analytics technology with artificial intelligence has created the way for the evolution of data science. The increasing adoption of the Internet of Things (IoT) is expected to accentuate the growth of the cognitive computing market.

Global Cognitive Computing Market Size, 2016-2026, (US$ Mn)

Cognitive Computing Market

Based on deployment, the cloud segment is expected to grow at a CAGR of around xx% over the forecast period

Based on deployment, the cognitive computing market has been segmented into cloud and on-premises. Cloud deployment holds a significant share in the market and is expected to grow at a higher rate over the forecast period. The growth of the cloud environment is attributed to the benefits provided by cloud deployment, such as secure storage of a large amount of data by tackling challenges like fault tolerance and live migration of data. Cloud deployment with the help of cloud computing will help drive the growth of this segment and is expected to propel the market for cognitive computing in the coming years as well.

Based on the end-use Industry, the BFSI segment is projected to grow at a significant CAGR during the forecast period

Based on the end-use industry, the cognitive computing market has been segmented into IT & telecom, retail, BFSI, aerospace & defense, energy & utilities, transportation & logistics, media & entertainment, education & research, government, and others. The BFSI sector is projected to be benefitted the most due to the development of cognitive computing solutions. Cognitive computing enables banks to structure the unstructured data such as advisory reports, industry reports, and financial news, while leveraging video, image, and other media extracted data.

North America to dominate the cognitive computing market throughout the forecast period

Based on regions, the cognitive computing market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market for cognitive computing holds an approximate share of 35% in the global market and is estimated to dominate the market during the forecast period. North America is a major innovation hub for evolving technologies. The increasing adoption of cognitive computing technology in almost every industry vertical is creating lucrative opportunities in this region.

The major cognitive computing service providers such as Google, IBM Corporation, Microsoft, and Amazon are based in the North American region and they are investing on research & development for improving cognitive computing solutions across every vertical. For instance, to speed up the acceptance of Watson in the field of healthcare, IBM Corporation is investing in specific electronic medical records (EMR) systems and other healthcare-related services.

The market for cognitive computing in the Asia Pacific region is expected to grow at a reasonable growth rate with the increasing demand for cloud-based services in small and medium organizations. With the increasing adoption of emerging technologies, the Asia Pacific region is strengthening the way for the advancement of in the global cognitive computing market. Companies such as Baidu Inc. are creating growth opportunities in this region and are expected to drive the growth of the market in the coming years as well.

Company Profiles and Competitive Intelligence:

The major players operating in the global cognitive computing market are, IBM Corporation (US), Microsoft Corporation (US), Amazon (US), Google Inc. (US), Apple Inc. (US), Dell Inc. (US), Baidu Inc. (China), Saffron Technology (Intel) (US), SAS Institute Inc. (US), and Inbenta Technologies Inc. (US), among others.

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Table of Content

Chapter 1 Preface

1.1 Report Description

1.1.1 Purpose of the Report

1.1.2 Target Audience

1.1.3 USP and Key Offerings

1.2 Research Scope

1.3 Research Methodology

1.3.1 Phase I – Secondary Research

1.3.2 Phase II – Primary Research

1.3.3 Phase III – Expert Panel Review

1.3.4 Approach Adopted

1.3.4.1 Top-Down Approach

1.3.4.2 Bottom-Up Approach

1.3.5 Assumptions

1.4 Market Segmentation Scope

Chapter 2 Executive Summary

2.1 Market Summary

2.1.1 Global Cognitive Computing Market, 2016-2026, (US$ Mn)

2.1 Market Snapshot: Global Cognitive Computing Market

2.2 Market Dynamics

2.3 Global Cognitive Computing Market, by Segment, 2018

2.3.1 Global Cognitive Computing Market, by Technology, 2018, (US$ Mn)

2.3.2 Global Cognitive Computing Market, by Deployment, 2018, (US$ Mn)

2.3.3 Global Cognitive Computing Market, by Organization Size, 2018, (US$ Mn)

2.3.4 Global Cognitive Computing Market, by Application, 2018, (US$ Mn)

2.3.5 Global Cognitive Computing Market, by End-use Industry, 2018, (US$ Mn)

2.3.6 Global Cognitive Computing Market, by Region, 2018 (US$ Mn)

2.4 Premium Insights

2.4.1 Cognitive Computing Market In Developed Vs. Developing Economies, 2018 vs 2026

2.4.2 Global Cognitive Computing Market: Regional Life Cycle Analysis

Chapter 3 Market Dynamics

3.1 Market Overview

3.2 Market Drivers

3.2.1 Increasing volume of complex data

3.2.2 Evolutions in computing platforms such as, mobile, cloud, and big data analytics

3.3 Market Restraints

3.3.1 High cost of deployment

3.3.2 Restraint 2

3.4 Market Opportunities

3.4.1 Emerging technologies like driverless cars and increasing research & development on emerging technology

3.4.2 Opportunity 2

3.5 Industry Value Chain Analysis

3.5.1 Analyst’s Views

3.6 Industry SWOT Analysis

Chapter 4 Global Cognitive Computing Market, by Technology

4.1 Market Overview, by Technology

4.1.1 Global Cognitive Computing Market, by Technology, 2016-2026 (US$ Mn)

4.1.2 Incremental Opportunity, by Technology, From 2018-2026

4.2 Machine Learning

4.2.1 Global Cognitive Computing Market, by Machine Learning, 2016-2026, (US$ Mn)

4.3 Natural Language Processing (NLP)

4.3.1 Global Cognitive Computing Market, by Natural Language Processing (NLP), 2016-2026, (US$ Mn)

4.4 Automated Reasoning

4.4.1 Global Cognitive Computing Market, by Automated Reasoning, 2016-2026, (US$ Mn)

4.5 Information Retrieval

4.5.1 Global Cognitive Computing Market, by Information Retrieval, 2016-2026, (US$ Mn)

4.6 Others

4.6.1 Global Cognitive Computing Market, by Others, 2016-2026, (US$ Mn)

Chapter 5 Global Cognitive Computing Market, by Deployment

5.1 Market Overview, by Deployment

5.1.1 Global Cognitive Computing Market, by Deployment, 2016-2026 (US$ Mn)

5.1.2 Incremental Opportunity, by Deployment, From 2018-2026

5.2 Cloud

5.2.1 Global Cognitive Computing Market, by Cloud, 2016-2026, (US$ Mn)

5.3 On-Premises

5.3.1 Global Cognitive Computing Market, by On-Premises, 2016-2026, (US$ Mn)

Chapter 6 Global Cognitive Computing Market, by Organization Size

6.1 Market Overview, by Organization Size

6.1.1 Global Cognitive Computing Market, by Organization Size, 2016-2026 (US$ Mn)

6.1.2 Incremental Opportunity, by Organization Size, From 2018-2026

6.2 Small Enterprises

6.2.1 Global Cognitive Computing Market, by Small Enterprises, 2016-2026, (US$ Mn)

6.3 Medium Enterprises

6.3.1 Global Cognitive Computing Market, by Medium Enterprises, 2016-2026, (US$ Mn)

6.4 Large Enterprises

6.4.1 Global Cognitive Computing Market, by Large Enterprises, 2016-2026, (US$ Mn)

Chapter 7 Global Cognitive Computing Market, by Application

7.1 Market Overview, by Application

7.1.1 Global Cognitive Computing Market, by Application, 2016-2026 (US$ Mn)

7.1.2 Incremental Opportunity, by Application, From 2018-2026

7.2 Fraud and Risk Management

7.2.1 Global Cognitive Computing Market, by Fraud and Risk Management, 2016-2026, (US$ Mn)

7.3 Sales and Marketing Management

7.3.1 Global Cognitive Computing Market, by Sales and Marketing Management, 2016-2026, (US$ Mn)

7.4 Asset Management

7.4.1 Global Cognitive Computing Market, by Asset Management, 2016-2026, (US$ Mn)

7.5 Supply Chain Management

7.5.1 Global Cognitive Computing Market, by Supply Chain Management, 2016-2026, (US$ Mn)

7.6 Social Media Monitoring

7.6.1 Global Cognitive Computing Market, by Social Media Monitoring, 2016-2026, (US$ Mn)

7.7 E-Learning

7.7.1 Global Cognitive Computing Market, by E-Learning, 2016-2026, (US$ Mn)

7.8 Self-Driving Cars

7.8.1 Global Cognitive Computing Market, by Self-Driving Cars, 2016-2026, (US$ Mn)

7.9 Others

7.9.1 Global Cognitive Computing Market, by Others, 2016-2026, (US$ Mn)

Chapter 8 Global Cognitive Computing Market, by End-use Industry

8.1 Market Overview, by End-use Industry

8.1.1 Global Cognitive Computing Market, by End-use Industry, 2016-2026 (US$ Mn)

8.1.2 Incremental Opportunity, by End-use Industry, From 2018-2026

8.2 IT & Telecom

8.2.1 Global Cognitive Computing Market, by IT & Telecom, 2016-2026, (US$ Mn)

8.3 Retail

8.3.1 Global Cognitive Computing Market, by Retail, 2016-2026, (US$ Mn)

8.4 BFSI

8.4.1 Global Cognitive Computing Market, by BFSI, 2016-2026, (US$ Mn)

8.5 Aerospace and Defense

8.5.1 Global Cognitive Computing Market, by Aerospace and Defense, 2016-2026, (US$ Mn)

8.6 Energy and Utilities

8.6.1 Global Cognitive Computing Market, by Energy and Utilities, 2016-2026, (US$ Mn)

8.7 Transportation & Logistics

8.7.1 Global Cognitive Computing Market, by Transportation & Logistics, 2016-2026, (US$ Mn)

8.8 Media and Entertainment

8.8.1 Global Cognitive Computing Market, by Media and Entertainment, 2016-2026, (US$ Mn)

8.9 Education and Research

8.9.1 Global Cognitive Computing Market, by Education and Research, 2016-2026, (US$ Mn)

8.10 Government

8.10.1 Global Cognitive Computing Market, by Government, 2016-2026, (US$ Mn)

8.11 Others

8.11.1 Global Cognitive Computing Market, by Others, 2016-2026, (US$ Mn)

 

Chapter 9 Global Cognitive Computing Market, by Region

9.1 Market Overview, by Region

9.1.1 Global Cognitive Computing Market, by Region, 2016-2026, (US$ Mn)

9.2 Attractive Investment Opportunity, by Region, 2018

9.3 North America Cognitive Computing Market

9.3.1 North America Cognitive Computing Market, by Technology, 2016-2026 (US$ Mn)

9.3.2 North America Cognitive Computing Market, by Deployment, 2016-2026 (US$ Mn)

9.3.1 North America Cognitive Computing Market, by Organization Size, 2016-2026 (US$ Mn)

9.3.2 North America Cognitive Computing Market, by Application, 2016-2026 (US$ Mn)

9.3.3 North America Cognitive Computing Market, by End-use Industry, 2016-2026 (US$ Mn)

9.3.4 United States Country Profile

9.3.4.1 United States Cognitive Computing Market, 2016-2026 (US$ Mn)

9.3.5 Canada Country Profile

9.3.5.1 Canada Cognitive Computing Market, 2016-2026 (US$ Mn)

9.4 Europe Cognitive Computing Market

9.4.1 Europe Cognitive Computing Market, by Technology, 2016-2026 (US$ Mn)

9.4.2 Europe Cognitive Computing Market, by Deployment, 2016-2026 (US$ Mn)

9.4.3 Europe Cognitive Computing Market, by Organization Size, 2016-2026 (US$ Mn)

9.4.4 Europe Cognitive Computing Market, by Application, 2016-2026 (US$ Mn)

9.4.5 Europe Cognitive Computing Market, by End-use Industry, 2016-2026 (US$ Mn)

9.4.6 United Kingdom Country Profile

9.4.6.1 United Kingdom Cognitive Computing Market, 2016-2026 (US$ Mn)

9.4.7 Germany Country Profile

9.4.7.1 Germany Cognitive Computing Market, 2016-2026 (US$ Mn)

9.4.8 France Country Profile

9.4.8.1 France Cognitive Computing Market, 2016-2026 (US$ Mn)

9.4.9 Italy Country Profile

9.4.9.1 Italy Cognitive Computing Market, 2016-2026 (US$ Mn)

9.4.10 Spain Country Profile

9.4.10.1 Spain Cognitive Computing Market, 2016-2026 (US$ Mn)

9.4.11 Rest of Europe

9.4.11.1 Rest of Europe Cognitive Computing Market, 2016-2026 (US$ Mn)

9.5 Asia Pacific Cognitive Computing Market

9.5.1 Asia Pacific Cognitive Computing Market, by Technology, 2016-2026 (US$ Mn)

9.5.2 Asia Pacific Cognitive Computing Market, by Deployment, 2016-2026 (US$ Mn)

9.5.3 Asia Pacific Cognitive Computing Market, by Organization Size, 2016-2026 (US$ Mn)

9.5.4 Asia Pacific Cognitive Computing Market, by Application, 2016-2026 (US$ Mn)

9.5.5 Asia Pacific Cognitive Computing Market, by End-use Industry, 2016-2026 (US$ Mn)

9.5.6 China Country Profile

9.5.6.1 China Cognitive Computing Market, 2016-2026 (US$ Mn)

9.5.7 Japan Country Profile

9.5.7.1 Japan Cognitive Computing Market, 2016-2026 (US$ Mn)

9.5.8 India Country Profile

9.5.8.1 India Cognitive Computing Market, 2016-2026 (US$ Mn)

9.5.9 South Korea Country Profile

9.5.9.1 South Korea Cognitive Computing Market, 2016-2026 (US$ Mn)

9.5.10 Southeast Asia

9.5.10.1 Southeast Asia Cognitive Computing Market, 2016-2026 (US$ Mn)

9.5.11 Rest of Asia Pacific

9.5.11.1 Rest of Asia Pacific Cognitive Computing Market, 2016-2026 (US$ Mn)

9.6 Latin America Cognitive Computing Market

9.6.1 Latin America Cognitive Computing Market, by Technology, 2016-2026 (US$ Mn)

9.6.2 Latin America Cognitive Computing Market, by Deployment, 2016-2026 (US$ Mn)

9.6.3 Latin America Cognitive Computing Market, by Organization Size, 2016-2026 (US$ Mn)

9.6.4 Latin America Cognitive Computing Market, by Application, 2016-2026 (US$ Mn)

9.6.5 Latin America Cognitive Computing Market, by End-use Industry, 2016-2026 (US$ Mn)

9.6.6 Brazil Country Profile

9.6.6.1 Brazil Cognitive Computing Market, 2016-2026 (US$ Mn)

9.6.7 Mexico Country Profile

9.6.7.1 Mexico Cognitive Computing Market, 2016-2026 (US$ Mn)

9.6.8 Rest of Latin America

9.6.8.1 Rest of Latin America Cognitive Computing Market, 2016-2026 (US$ Mn)

9.7 Middle East & Africa Cognitive Computing Market

9.7.1 Middle East & Africa Cognitive Computing Market, by Technology, 2016-2026 (US$ Mn)

9.7.2 Middle East & Africa Cognitive Computing Market, by Deployment, 2016-2026 (US$ Mn)

9.7.3 Middle East & Africa Cognitive Computing Market, by Organization Size, 2016-2026 (US$ Mn)

9.7.4 Middle East & Africa Cognitive Computing Market, by Application, 2016-2026 (US$ Mn)

9.7.5 Middle East & Africa Cognitive Computing Market, by End-use Industry, 2016-2026 (US$ Mn)

9.7.6 GCC

9.7.6.1 GCC Cognitive Computing Market, 2016-2026 (US$ Mn)

9.7.7 Rest of Middle East & Africa

9.7.7.1 Rest of Middle East & Africa Cognitive Computing Market, 2016-2026 (US$ Mn)

Chapter 10 Competitive Intelligence

10.1 Introduction

10.2 Players Evaluated During the Study

10.3 Market Players Present in Market Life Cycle

10.4 Top 5 Players Comparison

10.5 Market Positioning of Key Players, 2018

10.6 Market Players Mapping

10.6.1 By Technology

10.6.2 By Deployment

10.6.1 By Organization Size

10.6.2 By Application

10.6.3 By End-use Industry

10.6.4 By Region

10.7 Strategies Adopted by Key Market Players

10.8 Recent Developments in the Market

10.8.1 Mergers & Acquisitions, Partnership, New Product Developments

10.9 Operational Efficiency Comparison by Key Players

Chapter 11 Company Profiles

11.1 IBM Corporation

11.1.1 IBM Corporation Overview

11.1.2 Key Stakeholders/Person in IBM Corporation

11.1.3 IBM Corporation Products Portfolio

11.1.4 IBM Corporation Financial Overview

11.1.5 IBM Corporation News/Recent Developments

11.2 Microsoft Corporation

11.2.1 Microsoft Corporation Overview

11.2.2 Key Stakeholders/Person in Microsoft Corporation

11.2.3 Microsoft Corporation Products Portfolio

11.2.4 Microsoft Corporation Financial Overview

11.2.5 Microsoft Corporation News/Recent Developments

11.3 Amazon

11.3.1 Amazon Overview

11.3.2 Key Stakeholders/Person in Amazon

11.3.3 Amazon Products Portfolio

11.3.4 Amazon Financial Overview

11.3.5 Amazon News/Recent Developments

11.4 Google Inc.

11.4.1 Google Inc. Overview

11.4.2 Key Stakeholders/Person in Google Inc.

11.4.3 Google Inc. Products Portfolio

11.4.4 Google Inc. Financial Overview

11.4.5 Google Inc. News/Recent Developments

11.5 Apple Inc.

11.5.1 Apple Inc. Overview

11.5.2 Key Stakeholders/Person in Apple Inc.

11.5.3 Apple Inc. Products Portfolio

11.5.4 Apple Inc. Financial Overview

11.5.5 Apple Inc. News/Recent Developments

11.6 Dell Inc.

11.6.1 Dell Inc. Overview

11.6.2 Key Stakeholders/Person in Dell Inc.

11.6.3 Dell Inc. Products Portfolio

11.6.4 Dell Inc. Financial Overview

11.6.5 Dell Inc. News/Recent Developments

11.7 Baidu Inc.

11.7.1 Baidu Inc. Overview

11.7.2 Key Stakeholders/Person in Baidu Inc.

11.7.3 Baidu Inc. Products Portfolio

11.7.4 Baidu Inc. Financial Overview

11.7.5 Baidu Inc. News/Recent Developments

11.8 Saffron Technology (Intel)

11.8.1 Saffron Technology (Intel) Overview

11.8.2 Key Stakeholders/Person in Saffron Technology (Intel)

11.8.3 Saffron Technology (Intel) Products Portfolio

11.8.4 Saffron Technology (Intel) Financial Overview

11.8.5 Saffron Technology (Intel) News/Recent Developments

11.9 SAS Institute Inc.

11.9.1 SAS Institute Inc. Overview

11.9.2 Key Stakeholders/Person in SAS Institute Inc.

11.9.3 SAS Institute Inc. Products Portfolio

11.9.4 SAS Institute Inc. Financial Overview

11.9.5 SAS Institute Inc. News/Recent Developments

11.10 Inbenta Technologies Inc.

11.10.1 Inbenta Technologies Inc. Overview

11.10.2 Key Stakeholders/Person in Inbenta Technologies Inc.

11.10.3 Inbenta Technologies Inc. Products Portfolio

11.10.4 Inbenta Technologies Inc. Financial Overview

11.10.5 Inbenta Technologies Inc. News/Recent Developments


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