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IBM Watson Services Market is expected to rise at a CAGR of 30% during the forecast period, 2021-2031. IBM Watson language services to dominate the global market.<br>
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Copyright © Fact.MR All Rights Reserved IBM Watson Services Market By Service Type By Vertical Type - Global MarketInsights2021 to 2031
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ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved
Report Scope & Segmentation The global IBM Watson services market analysis shows that global demand enjoyed year-on-year (YoY) growth of 27% in 2021, to total a market valuation of around US$ 3.2 Bn. IBM Watson language services are expected to dominate the landscape over the coming years. Under end use, the hospital and pharmaceutical sectors are set to experience a growth rate of more than 30% through 2031. Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved
Key Takeaways from the Market Study • The global IBM Watson services market is anticipated to reach a market value of US$ 44.5 Bn by the end of 2031, with an absolute dollar opportunity of US$ 41.3 Mn. • The IBM Watson language service segment is projected to expand at a CAGR of 32% (16X) through 2031. • Apart from SaaS natured commercialization of Watson technology, the company has also created a separate IBM Watson ecosystem for channeling associated products to target customers. • North America leads the global IBM Watson services market accounting for more than 50% of overall revenue generation. • IBM Watson vision services are estimated to progress at a significant CAGR during the forecast period due to high demand from the manufacturing industry. • IBM is strongly focused on partnership agreements to deliver Watson services across regions. • According to a Fact.MR, analyst, “healthcare and BFSI are pioneer sectors for IBM Watson service adoption due to their real-time data processing attributes,” • Get To Know More About The Market Copyright © Fact.MR All Rights Reserved
Competitive Landscape • IBM Corporation • Accenture PLC • Tata Consultancy Services Limited • Capgemini SE • KPMG International • Tech Mahindra Limited • DXC Technology Co. • Wipro Limited • Deloitte Request For Sample Report Copyright © Fact.MR All Rights Reserved
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