Cognitive Services Shares, Demand, and Growth Trends 2031

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Data Bridge Market Research analyses that the cognitive services market will exhibit a CAGR of 37.93% for the forecast period of 2022-2029.

This Cognitive Services market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Cognitive Services report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the cognitive services market will exhibit a CAGR of 37.93% for the forecast period of 2022-2029.

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Market Overview:

A cognitive service is an API model that includes APIs for language, vision, speech, search, and knowledge. It's a tool for creating artificial intelligence and cognitive computing applications that extract commercial value from unstructured data. It integrates strong intelligence into apps to allow for natural and contextual interactions.

Some of the major players operating in the Cognitive Services market are IBM, Attivio Networks Inc., Amazon Web Services, Inc., Qualcomm Technologies, Inc., Nuance Communications, Inc., Apple Inc., Tata Consultancy Services Limited., Nokia., Expert System S.p.A., Version Technologies S.L., Softweb Solutions Inc., Folio3 Software Inc., Inbenta Technologies Inc., Microsoft, SONYCorporation, BMC Software, Inc. Alcatel-Lucent SA. Athonet srl; NetNumber Inc., Telensa, Actility S.A., LINK LABS, Telia Company, Accent Advanced Systems, SLU, MediaTek Inc. and Halberd Bastion Pty Ltd among others.

Global Cognitive Services Market Scope

Cognitive services market is segmented on the basis of technology, service type, deployment mode, application, end-user and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Based on technology, cognitive services market is segmented into machine learning and deep learning and natural language processing. Machine learning and deep learning and natural language processing is sub-segmented into facial recognition and emotion detection.
  • Based on service type, cognitive services market is segmented into cloud and web-based application programming interface, data transformation, knowledge management, data integration and cognitive automation, cognitive risk intelligence, consulting and advisory, training and support, communication monitoring and others.
  • Based on deployment mode, cognitive services market is segmented into cloud and on-premises.
  • Based on application, cognitive services market is segmented into marketing analysis, predictive maintenance, supply chain management, quality management investigation and recommendation, safety and security management, diagnosis and treatment system and others.
  • Based on end-user, cognitive services market is segmented into small and medium-sized enterprises and large enterprises.
  • Based on vertical, cognitive services market is segmented into banking, financial services, and insurance, healthcare, retail, IT and telecommunication, government and education, manufacturing and others.

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Cognitive Services Market Landscape

Part 04: Global Cognitive Services Market Sizing

Part 05: Global Cognitive Services Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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