Cognitive Services are a set of machine learning algorithms that Microsoft has developed to solve problems in the field of Artificial Intelligence (AI)
Cognitive Services report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Cognitive Services market is projected to reach US$ 13310 million in 2029, increasing from US$ 2840.4 million in 2022, with the CAGR of 24.2% during the period of 2023 to 2029. Demand from BFSI and Healthcare are the major drivers for the industry.
Global Cognitive Services Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.
Global Leading Market Research Publisher QYResearch announces the release of the report “Global Cognitive Services Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Cognitive Services market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart) :
https://www.qyresearch.com/reports/1284638/cognitive-services
Overall, this report will provide you with the insights and information needed to make informed business decisions and stay ahead of the competition.
Global Cognitive Services Market report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
The Cognitive Services market is segmented as below:
By Company
IBM
Microsoft
AWS
Baidu
Nuance Communications
Qualcomm Technologies
SAS
Apple
TCS
Nokia
Expert System
Verbio Technologies
Softweb Solutions
Folio3 Software
Fusion Informatics
Inbenta
Cognitivescale
Ipsoft
Segment by Type
Machine Learning and Deep Learning
Natural Language Processing (NLP)
Segment by Application
BFSI
Healthcare
Retail
IT and Telecommunication
Government and Education
Manufacturing
Others
Each chapter of the report provides detailed information for readers to understand the Cognitive Services market further:
Chapter 1: Cognitive Services Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Cognitive Services, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Cognitive Services industry.
Chapter 3: Cognitive Services Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Cognitive Services in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Cognitive Services Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Cognitive Services Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Cognitive Services introduction, etc. Cognitive Services Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Cognitive Services market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Some of the Key Questions Answered in this Report:
ü What is the Cognitive Services market size at the regional and country-level
ü What are the key drivers, restraints, opportunities, and challenges of the Cognitive Services market, and how they are expected to impact the market
ü What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Cognitive Services
ü Who are the global key manufacturers of the Cognitive Services Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
ü What are the Cognitive Services market opportunities and threats faced by the vendors in the global Cognitive Services Industry
ü Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application
ü What focused approach and constraints are holding the Cognitive Services market
ü What are the different sales, marketing, and distribution channels in the global industry
ü What are the upstream raw materials and of Cognitive Services along with the manufacturing process of Cognitive Services
ü What are the key market trends impacting the growth of the Cognitive Services market
ü Economic impact on the Cognitive Services industry and development trend of the Cognitive Services industry
ü What are the Cognitive Services market opportunities, market risk, and market overview of the Cognitive Services market
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Cognitive Computing MarketThe emergence of disruptive technologies initiated the debate if technology will soon replace the need for humans to solve problems.
As the biological machine requires time to cope with changes, inspired by human mind, cognitive computing technology was developed.
It is understood that cognitive computing technology just manages the tedious task for a physician, which, otherwise, holds several scope for error.Cognitive computing technology is responsible for backing humans to enhance their productivity than replacing human at work.
The rise in need for greater productivity to deal with dynamic worklife condition are forging the adoption of cognitive computing technology across several industries.Market Research Future (MRFR), in its revised “Cognitive Computing Technology Market” report, addressed factors that are contributing to the sharp rise in the market’s valuation.
As per MRFR study, the cognitive computing technology global market can attain USD 25 Bn at 35% CAGR by 2023.
The report highlights the impact of key players on the market and major influencers of the market.Market Potential and PitfallsThe cognitive computing technology market is gaining huge attention in the global market due to the advancements in cognitive computing, which has resulted in its higher adoption.
