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[207 Pages Report] To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
                
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Cognitive Computing Market worth $77.5 billion by 2025
Scope of The Report The research report categorizes the Cognitive Computing Market to forecast the revenues and analyse the trends in each of the following subsegments: • Machine Learning (ML) • Human Computer Interaction • Computer Vision • Machine Vision • Robotics • Natural Language Processing (NLP) • Deep Learning • Prescriptive and Predictive Modeling • Decision Making • Platform • Service • Managed Services • Professional Services By Deployment mode By Component By Technology • On-premise • Cloud • Hybrid And More…
Key Segments The global cognitive computing market size is expected to grow from $20.5 billion in 2020 to $77.5 billion by 2025, at a CAGR of 30.5% during the forecast period. 1 The major growth factors of the market include continuous evolution in the computing environment: cloud, mobile, and analytics; utilizing cognitive abilities to reduce excess operational costs; and increasing demand for intelligent business processes. 2 The cognitive computing market is segmented by business functions into Human Resources (HR), operations, finance and others (R&D and legal). 3 The cognitive computing market is segmented by organization size into large enterprises and Small and Medium-sized Enterprises (SMEs). 4 5 North America is the most significant revenue contributor to the global cognitive computing market. The region is witnessing significant developments in the cognitive computing market.
Market Growth Rate CAGR 2020 2025 Market Size of $20.5 billion Market Size of $77.5 billion 30.5%
Key Vendors Major Players • Microsoft (US) • Google (US) • IBM (US) • Numenta (US) • SAS Institute (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/cognitive-computing-market-136144837.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR
Critical questions the report answers • What are the current trends driving the cognitive computing market? • In which vertical are most industrial companies deploying cognitive computing solutions? • Where will recent developments of market vendors take the industry in the mid- to long-term? • Who are the top vendors in the market, and what is their competitive analysis? • What are the drivers and challenges faced by vendors in the market?
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