Cognitive Services Market to Challenges to Market Growth by 2026 | IBM, Apple, Microsoft, Nokia, Google, SAS, Amazon Web Services, Baidu, Inc., Qualcomm, Tata Consultancy Services and IPsoft

Global Cognitive Services Market is accounted for $2.15 billion in 2017 and is expected to reach $40.26 billion by 2026 growing at a CAGR of 38.5%

The Cognitive Services Market report is a window to the global market it allows you know what the market is holding in the forecast period of 2017-2026. The Cognitive Services Market report lists all the Key market players and brands and provides the strategic insights of the Industry and analysis of the key factors influencing the market.

It also presents the company profile, product specifications, production value, Contact Information of manufacturer and market shares for company. Report also analyzes opportunities for investment in the ICT industry.

According to ResearchForMarkets, The Global Cognitive Services Market is accounted for $2.15 billion in 2017 and is expected to reach $40.26 billion by 2026 growing at a CAGR of 38.5% during the forecast period.

Some Of The Key Players In The Cognitive Services Market Include:

IBM, Apple, AWS, Baidu, Cognitivescale, Expert System, Folio3 Software, Fusion Informatics, Google, Inbenta, Ipsoft, Microsoft, Nokia, Nuance Communications, Qualcomm Technologies, SAS, Softweb Solutions, TCS and Verbio Technologies.

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The objective of Cognitive Services is to democratize AI by packaging it into distinct components that are simple for developers to use in their own apps. Web and Universal Windows Platform developers can consume these algorithms through standard REST calls over the Internet to the Cognitive Services APIs.

By Deployment Mode, Cloud segment held considerable market share during predicted period. They are flexible and easily available for enterprises to installing the necessary software and are leveraged remotely by enterprises. Cognitive service providers are focusing on the expansion of robust cloud-based solutions for their users, as many organizations have started adopting the cloud model.

Based on geography, Asia Pacific is expected to dominate the market during the forecast period. The enterprises in this region are using cognitive services to make insights from large volumes of data to enhance business processes and increase in investments for cognitive technologies across the region.

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Applications Covered:

  • Diagnosis and Treatment System
  • Marketing Analysis
  • Predictive Maintenance
  • Quality Management Investigation and Recommendation
  • Safety and Security Management
  • Supply Chain Management
  • Other Applications

Deployment Modes Covered:

  • On-Premises
  • Cloud

Organization Sizes Covered:

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Service Types Covered:

  • Cloud and Web-Based Application Programming Interface
  • Cognitive Risk Intelligence
  • Communication Monitoring
  • Consulting and Advisory
  • Data Integration and Cognitive Automation
  • Data Transformation
  • Knowledge Management
  • Training and Support
  • Other Service Types

End User Covered:

  • Manufacturing
  • Government and Education
  • Healthcare
  • IT and Telecommunication
  • Banking, Financial Services, and Insurance
  • Retail
  • Other End Users

Technologies Covered:

  • Natural Language Processing
  • Machine Learning and Deep Learning

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About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.


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Research for Markets

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