New York, 30, Oct 2019: The Global Cognitive Analytics Market Size, Worth USD 48 Billion
By 2026; according to a new market research report by polaris market research. In
2017, the large enterprises segment dominated the global market, in terms of
revenue. North America is expected to be the leading contributor to the global
market revenue in 2017.
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The leading companies profiled
in the Cognitive Analytics Market report include International
Business Machines Corporation, Cisco Systems Inc., SAS Institute, Nuance
Communications, Microsoft Corporation, Oracle Corporation, Amazon Web Services,
Google LLC, Intel Corporation, and Narrative Science. These
companies launch new products and collaborate with other market leaders to
innovate and launch new products to meet the increasing needs and requirements
of consumers.
The growing need for real time analysis of complex data for
improved business efficiency, and need to gain actionable insights from large
amount of data have boosted the adoption of cognitive analytics solutions.
Increasing trend of BYOD, IOT, and artificial intelligence fuels the adoption
of cognitive analytics. Additionally, the increasing demand of cognitive
analytics from industries such as transportation, healthcare, and BFSI has
supported then Cognitive Analytics Market growth over the years. Increasing
investments by vendors in technological advancements coupled with growing
adoption of cloud technologies would accelerate the growth of the cognitive
analytics market. Growing demand from emerging economies, and increasing
adoption by small and medium sized businesses is expected to provide numerous
growth opportunities in the coming years.
Browse Complete summary of this report with TOC on “Cognitive
Analytics Market by Application and End User – Global Industry Analysis and
Forecast to 2026” at: https://www.polarismarketresearch.com/industry-analysis/cognitive-analytics-market
The North America Cognitive Analytics Market generated the
highest revenue in 2017, and is expected to lead the global market throughout
the forecast period. The increase in demand from the healthcare and government
sectors, and growing trend of IOT drive the market growth in the region. The
growing adoption of cloud-based technologies, and technological advancements
further support ten Cognitive Analytics Market growth in the region.
The increasing demand from BFSI and defense sectors in the
region further promote market growth in the region. Asia-Pacific is expected to
grow at the highest CAGR during the forecast period owing to growing demand
from emerging countries such as China, Japan, and India.
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Key Segments:
Cognitive Analytics Market Size and Forecast, 2017-2026 by
Component
·
Key Findings
·
Software
·
Services
Cognitive Analytics Market Size and Forecast, 2017-2026 by
Deployment Model
·
Key Findings
·
On-Premise
·
Cloud-Based
Cognitive Analytics Market Size and Forecast, 2017-2026 by
End-User
·
Key Findings
·
Banking, Financial Services, and Insurance
·
Healthcare
·
Transportation and Logistics
·
Manufacturing
·
Retail
·
Energy
·
Others
Cognitive Analytics Market Size and Forecast, 2017-2026 by
Organization Size
·
Key Findings
·
Large Enterprises
·
Small and Medium Businesses
Cognitive Analytics Market Size and Forecast, 2017-2026 by
Region
·
North America [U.S., Canada]
·
Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands,
Rest of Europe]
·
Asia-Pacific [China, India, Japan, South Korea, Singapore,
Malaysia, Rest of Asia-Pacific]
·
Latin America [ Brazil, Mexico, Argentina, Rest of Latin
America]
·
Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE,
Rest of MEA]
For Further Insights and Segment-Specific Information, Contact a
Market Analyst @ https://www.polarismarketresearch.com/industry-analysis/cognitive-analytics-market/speak-to-analyst
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