Big Market research has added a report titled “Cognitive Computing Market by Technology (Natural Language Processing, Machine Learning, Automated Reasoning), by Deployment Model (On-Premises, Cloud) and by Regions - Global Forecast to 2019”. As per the report cognitive computing market is estimated grow from $2,510.4 Million in 2014 to $12,550.2 Million by 2019 growing at CAGR 38.0% amid the forecast period 2014-2019. The report offers detailed analysis of the key drivers and restraints, current and future market trends, market profile of key industry players, industry dynamics in terms growth opportunities along with detailed segmentation and forecast. The report offers detailed quantitative analysis of useful data on market share and size incorporating the impact of factors such as political, economic, social and technological.
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The market has been segmented on the basis of deployment model, end user, geographical region, and verticals. The report provides market size and revenue share of sub-segments which helps to gain a thorough understanding of the quantitative landscape of the market. When segmented on the basis of regions, North America contributes the maximum market share and also exhibits the highest growth rate, followed by European and Asia-Pacific regions.as per the report, cognitive computing market is still in nascent stage in the Middle East and Africa and Latin America.
On the basis of the type of technology the Cognitive Computing market is segmented into Machine Learning, Natural Language Processing (NLP), and Automated Reasoning. Further the market is segmented into on-premises and cloud based on by deployment model. On the basis of end-users the report segments the market into small and medium businesses and enterprise ad on the basis of vertical the market is segmented into healthcare, BFSI, retail and consumer goods, aerospace and defense, IT and telecom, media & entertainment , energy and power, education research and travel & tourism. Primary regions profiled in the report are into Europe, North America (NA), Asia-Pacific (APAC), Latin America (LA) and Middle East and Africa (MEA).
The report offers an in-depth analysis of competitive landscape scenario by covering key vendors landscape, venture capital funding and mergers and acquisitions. Some of the recent mergers which have impacted the growth of cognitive computing market is that IBM Watson has put in a large amount of $1 billion on healthcare by planning $1 billion acquisition of medical imaging company Merge Healthcare. The report also offers a detailed insight into the recent technological innovations dominating the market landscape in key development regions. Furthermore, the report highlights the business strategies of ten key market players in terms of business positioning strategies. The report offers a definitive guide to all major investors to identify the imminent investment pockets which will help in gaining a deeper understanding of the market.
The report also elaborates on the new entrant market strategies and the feasibility analysis of their financial plans. Key market players profiled in the report are Microsoft Corporation, google, IBM, Saffron Technology, Palantir, Cognitive Scale, Enterra solutions, Vicarious and Cold Light
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