Cognitive Computing Technology Market Research Report – Forecast to 2023

Cognitive Computing Technology Market Research Report – Forecast to 2023

ID: MRFR/ICT/1004-HCRR | November, 2018 | Region: Global | 110 pages | Half-Cooked Research Reports

Global Cognitive Computing Technology Market: Technology (NLP, Machine Learning, Automated Reasoning), Deployment (Cloud, On-Premise), Organization Size (SME, Large Enterprise), End-User (BFSI, Retail, Aerospace & Defense) – Forecast till 2023


Market synopsis


Cognitive computing is executed through a computer-generated model mimicking the human process of thinking and cognitive ability in the form of simulation over a specialized platform. The process of transforming thoughts into simulation involves systems for self-learning, to extract unstructured data and churn out insightful analytics, to recognize patterns unable to be spotted by the human eye, and to process and identify language formation and structure behind it. One of the working scenarios for cognitive computing is to solve intensive computational problems by making open automated IT systems. The systems are independent of human assistance, which results in accurate outcomes with no potential human error.


The major factors that help in the growth of cognitive computing market are the advancement in cognitive computing resulting in its higher adoption, growing number of unstructured, large and complex sets of data, advancement in computing platforms such as cloud, mobile, and data analytics. The cognitive computing process acquires data from the unstructured source, using machine learning algorithms. However, the market is hampered by the high cost of deployment of cognitive computing systems, and issues relating to government and regulatory compliance. Also, the market is experiencing certain challenges due to impact of cognitive computing on traditional business applications, and lack of awareness among small and medium enterprises in the developing countries.


Segmentation


By the Technology, the market is segmented into natural language processing (NLP), machine learning, automated reasoning, and others.


On the basis of organization size, the market is segmented into small and medium enterprise, and large enterprise.


On the basis of end-user, the market is segmented into banking & financial service, retail, aerospace & defense, IT & telecom, energy & power, automotive & transportation, and others


On the basis of deployment, the market is segmented into on cloud and on-premise.


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and rest of the world.


Regional Analysis


The global cognitive computing technology market is estimated to grow at a significant rate during the forecast period due to higher demand for faster and secure storage devices. The geographical analysis of Cognitive Computing Technology market marks the study for regions like North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and South America). Among the regions mentioned above, at present, the market is highly dominated by North America. The reason behind high market share of North America is the technological advancements and growing volume of unstructured data. Additionally, heavy investments in research & development from the leading vendors are also helping in the market to develop.


On the other hand, Europe ranks second in terms of market share in the cognitive computing market. Europe is a technologically matured region with mature economies like Germany, the U.K, and France. However, Asia Pacific is expected to show the highest growth rate during the forecast period.


Key players


Some of the major players in global cognitive computing technology market include SparkCognition Inc (U.S.), Expert System S.p.A. (Italy), Microsoft Corporation (U.S.), International Business Machines Corporation (U.S.), Numenta (U.S.), DeepMind Technologies Limited (U.K), Cisco Systems, Inc (U.S.), CustomerMatrix Inc (U.S.), CognitiveScale (U.S.), Hewlett Packard Enterprise (U.S.) among others.


Other vendors include Google, Inc (U.S.), Palantir Technologies (U.S.), Saffron Technology, Inc (U.S.), ColdLight Solutions (U.S.), Enterra Solutions LLC (U.S.), Vicarious (U.S.), Airware (U.S.), DigitalGenius (U.K), DataRobot (U.S.), Ross Intelligence (U.S.), Cylance (U.S.), Orbital Insight (U.S.), Planet labs (U.S.), Vicarious (U.S.), Darktrace (U.K), Cyberlytic (U.K), Indico (U.S.) among others.


Global Cognitive Computing Technology Market, USD Billion


 Cognitive Computing Technology Market


Source: MRFR Analysis


Intended Audience



  • Games Manufacturers

  • Distribution Centers

  • Software Developers

  • Manufacturing Companies

  • Healthcare Service provider

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Bargaining power of Suppliers

4.1.5 Segment rivalry

4.2 Value Chain/Supply Chain of Global Cognitive Computing Technology Market

5 Overview of Global Cognitive Computing Technology Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Cognitive Computing Technology Market by Technology

7.1 Introduction

7.2 Natural Language Processing (NLP)

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Machine Learning

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Automated Reasoning

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Others

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023

8. Global Cognitive Computing Technology Market by Organization Size

8.1 Introduction

8.2 SME

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Large Enterprise

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Cognitive Computing Technology Market by End-User

9.1 Introduction

9.2 Banking & Financial Service

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Region, 2017-2023

9.3 Retail

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Region, 2017-2023

9.4 Aerospace & Defense

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Region, 2017-2023

9.5 IT & Telecom

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Region, 2017-2023

9.6 Energy & Power

9.6.1 Market Estimates & Forecast, 2017-2023

9.6.2 Market Estimates & Forecast by Region, 2017-2023

9.7 Automotive & Transportation

9.7.1 Market Estimates & Forecast, 2017-2023

9.7.2 Market Estimates & Forecast by Region, 2017-2023

9.8 Others

9.8.1 Market Estimates & Forecast, 2017-2023

9.8.2 Market Estimates & Forecast by Region, 2017-2023

10. Global Cognitive Computing Technology Market by Deployment

10.1 Introduction

10.2 On-Cloud

10.2.1 Market Estimates & Forecast, 2017-2023

10.2.2 Market Estimates & Forecast by Region, 2017-2023

10.3 On-Premise

10.3.1 Market Estimates & Forecast, 2017-2023

10.3.2 Market Estimates & Forecast by Region, 2017-2023

10.4 Others

10.4.1 Market Estimates & Forecast, 2017-2023

10.4.2 Market Estimates & Forecast by Region, 2017-2023

11. Global Cognitive Computing Technology Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2017-2023

11.2.2 Market Estimates & Forecast by Technology, 2017-2023

11.2.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.2.4 Market Estimates & Forecast by Deployment, 2017-2023

11.2.5 Market Estimates & Forecast by End-User, 2017-2023

11.2.6 U.S.

11.2.6.1 Market Estimates & Forecast, 2017-2023

11.2.6.2 Market Estimates & Forecast by Technology, 2017-2023

11.2.6.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.2.6.4 Market Estimates & Forecast by Deployment, 2017-2023

11.2.6.5 Market Estimates & Forecast by End-User, 2017-2023

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast, 2017-2023

11.2.7.2 Market Estimates & Forecast by Technology, 2017-2023

11.2.7.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.2.7.4 Market Estimates & Forecast by Deployment, 2017-2023

11.2.7.5 Market Estimates & Forecast by End-User, 2017-2023

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast, 2017-2023

11.2.8.2 Market Estimates & Forecast by Technology, 2017-2023

11.2.8.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.2.8.4 Market Estimates & Forecast by Deployment, 2017-2023

11.2.8.5 Market Estimates & Forecast by End-User, 2017-2023

11.3 Europe

11.3.1 Market Estimates & Forecast, 2017-2023

11.3.2 Market Estimates & Forecast by Technology, 2017-2023

11.3.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.3.4 Market Estimates & Forecast by Deployment, 2017-2023

11.3.5 Market Estimates & Forecast by End-User, 2017-2023

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, 2017-2023

11.3.6.2 Market Estimates & Forecast by Technology, 2017-2023

11.3.6.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.3.6.4 Market Estimates & Forecast by Deployment, 2017-2023

11.3.6.5 Market Estimates & Forecast by End-User, 2017-2023

11.3.7. France

11.3.7.1 Market Estimates & Forecast, 2017-2023

11.3.7.2 Market Estimates & Forecast by Technology, 2017-2023

11.3.7.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.3.7.4 Market Estimates & Forecast by Deployment, 2017-2023

11.3.7.5 Market Estimates & Forecast by End-User, 2017-2023

11.3.8 U.K

11.3.8.1 Market Estimates & Forecast, 2017-2023

11.3.8.2 Market Estimates & Forecast by Technology, 2017-2023

11.3.8.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.3.8.4 Market Estimates & Forecast by Deployment, 2017-2023

11.3.8.5 Market Estimates & Forecast by End-User, 2017-2023

11.4 Asia Pacific

11.4.1 Market Estimates & Forecast, 2017-2023

11.4.2 Market Estimates & Forecast by Technology, 2017-2023

11.4.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.4.4 Market Estimates & Forecast by Deployment, 2017-2023

11.4.5 Market Estimates & Forecast by End-User, 2017-2023

11.4.6 China

11.4.6.1 Market Estimates & Forecast, 2017-2023

11.4.6.2 Market Estimates & Forecast by Technology, 2017-2023

11.4.6.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.4.6.4 Market Estimates & Forecast by Deployment, 2017-2023

11.4.6.5 Market Estimates & Forecast by End-User, 2017-2023

11.4.7 India

11.4.7.1 Market Estimates & Forecast, 2017-2023

11.4.7.2 Market Estimates & Forecast by Technology, 2017-2023

11.4.7.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.4.7.4 Market Estimates & Forecast by Deployment, 2017-2023

11.4.7.5 Market Estimates & Forecast by End-User, 2017-2023

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, 2017-2023

11.4.8.2 Market Estimates & Forecast by Technology, 2017-2023

11.4.8.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.4.8.4 Market Estimates & Forecast by Deployment, 2017-2023

11.4.8.5 Market Estimates & Forecast by End-User, 2017-2023

11.4.9 Rest of Asia Pacific

11.4.9.1 Market Estimates & Forecast, 2017-2023

11.4.9.2 Market Estimates & Forecast by Technology, 2017-2023

11.4.9.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.4.9.4 Market Estimates & Forecast by Deployment, 2017-2023

11.4.9.5 Market Estimates & Forecast by End-User, 2017-2023

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, 2017-2023

11.5.2 Market Estimates & Forecast by Technology, 2017-2023

11.5.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.5.4 Market Estimates & Forecast by Deployment, 2017-2023

11.5.5 Market Estimates & Forecast by End-User, 2017-2023

11.5.6 The Middle East & Africa

11.5.6.1 Market Estimates & Forecast, 2017-2023

11.5.6.2 Market Estimates & Forecast by Technology, 2017-2023

11.5.6.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.5.6.4 Market Estimates & Forecast by Deployment, 2017-2023

11.5.6.5 Market Estimates & Forecast by End-User, 2017-2023

11.5.7 Latin Countries

11.5.7.1 Market Estimates & Forecast, 2017-2023

11.5.7.2 Market Estimates & Forecast by Technology, 2017-2023

11.5.7.3 Market Estimates & Forecast by Organization Size, 2017-2023

11.5.7.4 Market Estimates & Forecast by Deployment, 2017-2023

11.5.7.5 Market Estimates & Forecast by End-User, 2017-2023

12. Company Profiles

12.1 SparkCognition Inc (U.S.)

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Expert System S.p.A. (Italy)

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Microsoft Corporation (U.S.)

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 International Business Machines Corporation (U.S.)

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Numenta (U.S.)

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 DeepMind Technologies Limited (U.K)

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Cisco Systems, Inc (U.S.)

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 CustomerMatrix Inc (U.S.)

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 CognitiveScale (U.S.)

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Hewlett Packard Enterprise (U.S.)

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13 Conclusion



LIST OF TABLES



Table1 World Population by Major Regions (2017 To 2030)

Table2 Global Cognitive Computing Technology Market: By Region, 2017-2023

Table3 North America Cognitive Computing Technology Market: By Country, 2017-2023

Table4 Europe Cognitive Computing Technology Market: By Country, 2017-2023

Table5 Asia Pacific Cognitive Computing Technology Market: By Country, 2017-2023

Table6 The Middle East & Africa Cognitive Computing Technology Market: By Country, 2017-2023

Table7 Latin America Cognitive Computing Technology Market: By Country, 2017-2023

Table8 Global Cognitive Computing Technology by Technology Market: By Regions, 2017-2023

Table9 North America Cognitive Computing Technology by Technology Market: By Country, 2017-2023

Table10 Europe Cognitive Computing Technology by Technology Market: By Country, 2017-2023

Table11 Asia Pacific Cognitive Computing Technology by Technology Market: By Country, 2017-2023

Table12 The Middle East & Africa Cognitive Computing Technology by Technology Market: By Country, 2017-2023

Table13 Latin America Cognitive Computing Technology by Technology Market: By Country, 2017-2023

Table14 Global Technology Market: By Region, 2017-2023

Table15 North America Cognitive Computing Technology Market, By Country

Table16 North America Cognitive Computing Technology Market, By Technology

Table17 North America Cognitive Computing Technology Market, By Organization Size

Table18 Europe: Cognitive Computing Technology Market, By Organization Size

Table19 Europe: Cognitive Computing Technology Market, By Technology

Table20 Asia Pacific: Cognitive Computing Technology Market, By Country

Table21 Asia Pacific: Cognitive Computing Technology Market, By Technology

Table22 Asia Pacific: Cognitive Computing Technology Market, By Organization Size

Table23 The Middle East & Africa: Cognitive Computing Technology Market, By Country

Table24 The Middle East & Africa Cognitive Computing Technology Market, By Technology

Table25 The Middle East & Africa Cognitive Computing Technology Market, By Organization Size

Table26 Latin America: Cognitive Computing Technology Market, By Country

Table27 Latin America Cognitive Computing Technology Market, By Technology

Table28 Latin America Cognitive Computing Technology Market, By Organization Size

LIST OF FIGURES



FIGURE 1 Global Cognitive Computing Technology market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Cognitive Computing Technology Market

FIGURE 4 Value Chain of Global Cognitive Computing Technology Market

FIGURE 6 Global Cognitive Computing Technology Market, 2017-2023,

FIGURE 8 Global Cognitive Computing Technology Market size by Technology, 2017

FIGURE 10 Global Cognitive Computing Technology Market size by Organization Size, 2017