Global Cognitive Analytics Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Cognitive Analytics market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The Cognitive Analytics market is anticipated to reach over USD 48 billion by 2026. 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 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.
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.
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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.
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.
What is the goal of the report?
-The market report presents the estimated size of the ICT market at the end of the forecast –period.
-The report also examines historical and current market sizes.
-During the forecast period, the report analyzes the growth rate, market size, and market valuation.
-The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
-The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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