Global Cognitive Computing Technology Market Research Report by Forecast to 2023 Global Cognitive Computing Technology Market Research Report by Forecast to 2023
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Global Cognitive Computing Technology Market Research Report by Forecast to 2023
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Global Cognitive Computing Technology Market Research Report by Forecast to 2023
Summary Cognitive computing is generally executed with the help of a computer-generated model which can mimic the human procedure of cognitive ability and thinking in the form of simulation over a specialized platform. These systems are independent of human assistance and result in accurate outcomes and zero human error.
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Global Cognitive Computing Technology Market Research Report by Forecast to 2023
Major Key Players: •
SparkCognition Inc (U.S.)
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Expert System S.p.A. (Italy)
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Microsoft Corporation (U.S.)
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International Business Machines Corporation (U.S.)
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Numenta (U.S.)
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DeepMind Technologies Limited (U.K)
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Cisco Systems, Inc (U.S.)
Segmentation: •
By mode of technology, the cognitive computing technology market is segmented into machine learning, natural language processing (NLP), automated reasoning, and others.
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Based on organization size, the cognitive computing technology market constitutes of large enterprises and SMEs. Among these, the large enterprise segment is predicted to invest a huge amount in the market. Owing to the high adoption of cloud services, SMEs indulge in the global cognitive computing market.
Regional Analysis: Geographically, the cognitive computing technology market spans across Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
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Global Cognitive Computing Technology Market Research Report by Forecast to 2023 Considering the global scenario, the North American region acquires the lion’s share in the global market, mainly due to the advancing technology and increasing volume of unstructured data. The high investments in R&D activities from the top vendors are assisting in the expansion of the market in this region. The major part of cognitive computing service providers like Google, Microsoft, and IBM Corporation is based in this region, which further augments the market’s growth. For instance, IBM Corporation is spending in specialty-specific electronic medical records, Modernizing Medicine, and a supplier of cloud-based to accelerate the acceptance of Watson System. Such factors are likely to spur the growth of the regional market in the coming years.
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Copyright Š 2017 Market Research Future.
Global Cognitive Computing Technology Market Research Report by Forecast to 2023
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Copyright Š 2017 Market Research Future.