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Cognitive Computing Market 2023 Booming Worldwide by Share, Size, Growth, Segments & Forecast to 2029 – Glasgow West End Today

Accuracy Consulting

Exactitude Consultancy Market Research has completed and published the final copy of the detailed research report on the Cognitive Computing market. The Cognitive Computing market is expected to register a CAGR of over 24% over the forecast period.

We recently released a new report, titled, Global Cognitive Computing Market Research Report 2022. The report has been put together using primary and secondary research methodologies, which gives you an accurate and precise understanding of the Cognitive Computing market. The analysts have used a top-down and bottom-up approach to assess the segments and provide a fair assessment of their impact on the global Cognitive Computer market. The report offers an overview of the market, briefly describing the market condition and key segments. It also mentions the major players present in the global Cognitive Computing market.

The research report on the global Cognitive Computer Market includes SWOT Analysis and Porter’s Five Forces Analysis, which help in delivering the precise trajectory of the market. These market measurement tools help to identify Cognitive Computing market drivers, restraints, weaknesses, market opportunities, and threats.

Download sample research report:

Note: This report example includes:

A summary of the research work.

Summary The depth of coverage of the study

Frontline market players

The report structure research framework

Exactitude Consultancy Research Methodology

Companies Profiled in the Cognitive Computing Market Report:

Microsoft, Google, IBM, Numenta, SAS Institute AWS, Enterra Solutions, Cognitive Scale, Spark Cognition, TCS, Expert System Cisco Virtusa and Cognitive Software Group.

Reporting metrics Details

Market Size Value in 2022

US$25.36 billion

Market Size Value in 2029

US$175.8 billion

Growth rate

CAGR 24%.

Forecast period


Research methodologies

The research approach for our study incorporated a combination of primary and secondary research methods

Our evaluation process uses a robust methodology that incorporates information triangulation, using both top-down and bottom-up approaches. We also validate expected market statistics through primary research. To assess Cognitive Computing market size and forecast for different segments on a global, regional and country level, we gather information from highly credible published sources and conduct interviews with stakeholders. This rigorous approach ensures the reliability and accuracy of our results.

Regional perspective

This section of the report provides key insights regarding various regions and the major players operating in each region. Economic, social, environmental, technological and political factors have been taken into consideration when assessing the growth of a particular region/country. Readers will also be able to get their hands on revenue and sales figures for each region and country for 2018-2029.

The Cognitive Computing market has been segmented into various major geographies including North America, Europe, Asia-Pacific, South America, Middle East and Africa. Detailed analysis of major countries such as US, Germany, UK, Italy, France, China, Japan, South Korea, Southeast Asia and India will be covered within the regional segment. For market estimates, data for 2023 will be provided based on the base year, with estimates for 2023 and revenue forecasts for 2029.

Market Segmentation:

Cognitive Computing Market by Component, 2020-2029, (USD Billion)

  • platform
  • Service
  • Managed Services
  • Professional services

Cognitive Computing Market by Technology, 2020-2029, (USD Billion)

  • Machine learning (ml)
  • Human-computer interaction
  • Computer vision
  • Machine vision
  • Robotics
  • Natural Language Processing (NLP)
  • Deep learning
  • Prescriptive and predictive modeling
  • Decision making

Cognitive Computing Market by Application, 2020-2029, (USD Billion)

  • Automation
  • Intelligent virtual assistants
  • Behavioral analysis
  • Biometrics
  • Others

Cognitive Computing Market by Deployment Modes, 2020-2029, (USD Billion)

Cognitive Computing Market by Organization Size, 2020-2029, (USD Billion)

  • Big business
  • Small and Medium Enterprises (SMEs)

Cognitive Computing Market by Business Functions, 2020-2029, (USD Billion)

  • Human Resources (HR)
  • Legal
  • Finance
  • Marketing and advertising

Cognitive Computing Market by Industry Verticals, 2020-2029, (USD Billion)

  • BFS extension
  • Retail and e-commerce
  • Telecommunications and information technology
  • Healthcare and life sciences
  • Production
  • Government and Defense
  • Media and entertainment
  • Travel and Hospitality
  • Others

Key Data Covered in Cognitive Computing Market:

During the forecast period 2023 to 2029, the compound annual growth rate (CAGR) of the cognitive computing market will be evaluated.

Explore the factors that will drive the growth of the cognitive computing market during this period.

To provide accurate estimations of the Cognitive Computing market volume and evaluate its impact on the primary market.

Provide accurate projections of potential trends and changes in customer behavior that will shape the market.

Conduct a comprehensive market growth analysis of Cognitive Computing Market in key regions of APAC.

perform an in-depth analysis of the market competition and provide detailed information on the suppliers operating in the sector.

Conduct an in-depth examination of the growing challenges and barriers vendors in the Cognitive Computing market may face.

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Reason to buy this report:

Streamline initial research efforts by gaining insight into market growth, size, key competitors, and segmentation within the global Cognitive Computing market.

Determine your company priorities to maximize business tactics and expand into new markets effectively.

The report attaches significant importance to key market characteristics such as volume, revenue, Cognitive Computing market share, concentration rate, supply-demand environment, growth, and barriers.

Comprehensive discussions of market growth drivers, trend analysis, future scope, government policies and environmental considerations are included.

The study uses critical analytical procedures to achieve the highest level of data accuracy, including secondary research, Porter’s five analyses, SWOT analysis, qualitative analysis, and market sizing.

Utilize key conclusions and recommendations to gain a better understanding of Cognitive Computer market trends and develop long-term revenue generation strategies.

Leverage growth opportunities in established and emerging regions to refine business expansion strategies.

Improve decision-making by analyzing global Cognitive Computer market trends, identifying drivers and limiting factors, and gaining insights about product strategies, segmentation, and industry verticals.

Because we? Accuracy Advice Benefits

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We believe our location in India is a strategic advantage for you. Without the overhead of other companies, we can provide you with intelligence at the level of accuracy you deserve, at a significantly lower cost to your organization.

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With our vast database of market intelligence and ever-growing network of experts across the value chain, we make sure you get world-class solutions with fast turnaround times that fit your deadlines.

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Who we are

Exactitude Consultancy is a market research and consulting services firm that helps its clients address their most pressing strategic and business challenges. Our market research helps clients address critical business challenges and also helps make better business decisions with our fact-based research insights, market intelligence, and accurate data.

Our goal is to provide a holistic picture of the market taking into account all possible market drivers.

Aiming to cover the full spectrum of business, from major industries: coal, crude oil, natural gas, petroleum refinery products, fertilizers, cement, steel and power generation to applied industries such as: engineering plastics, automobiles, downstream chemicals, medical devices, pharmaceuticals and others.

We aim to provide an integrated and holistic approach to the entire business ecosystem under study so that our reports provide the most accurate data for your decisions.

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