Insights into the Industry
The cognitive services industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of cognitive services ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the cognitive services market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards cognitive services 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the cognitive services industry and impacting its growth. Our report divides the cognitive services market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global cognitive services market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Cognitive Services Market research report which is segmented by Products (Machine learning and deep learning, Natural Language Processing (NLP)), by Applications (BFSI, Healthcare, Retail, IT and telecommunication, Government and education, Manufacturing, Others), by Key Players/Companies Softarex, Baidu, Nokia, Inbenta, IBM, Verbio Technologies, Qualcomm Technologies, Folio3 Software, Apple, Google, AWS, Cognitivescale, Microsoft, TCS, Expert System, Fusion Informatics, Softweb Solutions, Ipsoft, SAS, Nuance Communications”. In 2020, the global cognitive services market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Cognitive Services Market Research Report |
| By Products | Machine learning and deep learning, Natural Language Processing (NLP) |
| By Applications | BFSI, Healthcare, Retail, IT and telecommunication, Government and education, Manufacturing, Others |
| By Key Players | Softarex, Baidu, Nokia, Inbenta, IBM, Verbio Technologies, Qualcomm Technologies, Folio3 Software, Apple, Google, AWS, Cognitivescale, Microsoft, TCS, Expert System, Fusion Informatics, Softweb Solutions, Ipsoft, SAS, Nuance Communications |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 120 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global cognitive services industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, cognitive services industry study report has included all major manufacturers and distributors operating in the cognitive services market across all major regions.
Cognitive Services Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating cognitive services market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
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The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Cognitive Services Market Key Trends Analysis
The key factors influencing the growth of the cognitive services market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Cognitive Services Market Key Segment Analysis
The report delivers a critical assessment on the cognitive services market by segmenting it based on Products, Applications, and region. All the segments and categories of the cognitive services market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global cognitive services market is segmented into Machine learning and deep learning, Natural Language Processing (NLP). Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into BFSI, Healthcare, Retail, IT and telecommunication, Government and education, Manufacturing, Others. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the cognitive services market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Cognitive Services Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global cognitive services market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
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For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the cognitive services market.
Some of the leading players profiled in the global cognitive services market are,
- Softarex
- Baidu
- Nokia
- Inbenta
- IBM
- Verbio Technologies
- Qualcomm Technologies
- Folio3 Software
- Apple
- AWS
- Cognitivescale
- Microsoft
- TCS
- Expert System
- Fusion Informatics
- Softweb Solutions
- Ipsoft
- SAS
- Nuance Communications
The Key Audiences for Cognitive Services Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the cognitive services market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global cognitive services market are as follows:
Global Cognitive Services Market: By Products
- Machine learning and deep learning
- Natural Language Processing (NLP)
Global Cognitive Services Market: By Applications
- BFSI
- Healthcare
- Retail
- IT and telecommunication
- Government and education
- Manufacturing
- Others
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major cognitive services . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Cognitive Services market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Softarex
- Baidu
- Nokia
- Inbenta
- IBM
- Verbio Technologies
- Qualcomm Technologies
- Folio3 Software
- Apple
- AWS
- Cognitivescale
- Microsoft
- TCS
- Expert System
- Fusion Informatics
- Softweb Solutions
- Ipsoft
- SAS
- Nuance Communications
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Cognitive Services Market Share by Type (2020-2026) 1.5.2 Machine learning and deep learning 1.5.3 Natural Language Processing (NLP) 1.6 Market by Application 1.6.1 Global Cognitive Services Market Share by Application (2020-2026) 1.6.2 BFSI 1.6.3 Healthcare 1.6.4 Retail 1.6.5 IT and telecommunication 1.6.6 Government and education 1.6.7 Manufacturing 1.6.8 Others 1.7 Cognitive Services Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Cognitive Services Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Cognitive Services Market 3.1 Value Chain Status 3.2 Cognitive Services Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Cognitive Services 3.2.3 Labor Cost of Cognitive Services 3.2.3.1 Labor Cost of Cognitive Services Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Softarex 4.1.1 Softarex Basic Information 4.1.2 Cognitive Services Product Profiles, Application and Specification 4.1.3 Softarex Cognitive Services Market Performance (2015-2020) 4.1.4 Softarex Business Overview 4.2 Baidu 4.2.1 Baidu Basic Information 4.2.2 Cognitive Services Product Profiles, Application and Specification 4.2.3 Baidu Cognitive Services Market Performance (2015-2020) 4.2.4 Baidu Business Overview 4.3 Nokia 4.3.1 Nokia Basic Information 4.3.2 Cognitive Services Product Profiles, Application and Specification 4.3.3 Nokia Cognitive Services Market Performance (2015-2020) 4.3.4 Nokia Business Overview 4.4 Inbenta 4.4.1 Inbenta Basic Information 4.4.2 Cognitive Services Product Profiles, Application and Specification 4.4.3 Inbenta Cognitive Services Market Performance (2015-2020) 4.4.4 Inbenta Business Overview 4.5 IBM 4.5.1 IBM Basic Information 4.5.2 Cognitive Services Product Profiles, Application and Specification 4.5.3 IBM Cognitive Services Market Performance (2015-2020) 4.5.4 IBM Business Overview 4.6 Verbio Technologies 4.6.1 Verbio Technologies Basic Information 4.6.2 Cognitive Services Product Profiles, Application and Specification 4.6.3 Verbio Technologies Cognitive Services Market Performance (2015-2020) 4.6.4 Verbio Technologies Business Overview 4.7 Qualcomm Technologies 4.7.1 Qualcomm Technologies Basic Information 4.7.2 Cognitive Services Product Profiles, Application and Specification 4.7.3 Qualcomm Technologies Cognitive Services Market Performance (2015-2020) 4.7.4 Qualcomm Technologies Business Overview 4.8 Folio3 Software 4.8.1 Folio3 Software Basic Information 4.8.2 Cognitive Services Product Profiles, Application and Specification 4.8.3 Folio3 Software Cognitive Services Market Performance (2015-2020) 4.8.4 Folio3 Software Business Overview 4.9 Apple 4.9.1 Apple Basic Information 4.9.2 Cognitive Services Product Profiles, Application and Specification 4.9.3 Apple Cognitive Services Market Performance (2015-2020) 4.9.4 Apple Business Overview 4.10 Google 4.10.1 Google Basic Information 4.10.2 Cognitive Services Product Profiles, Application and Specification 4.10.3 Google Cognitive Services Market Performance (2015-2020) 4.10.4 Google Business Overview 4.11 AWS 4.11.1 AWS Basic Information 4.11.2 Cognitive Services Product Profiles, Application and Specification 4.11.3 AWS Cognitive Services Market Performance (2015-2020) 4.11.4 AWS Business Overview 4.12 Cognitivescale 4.12.1 Cognitivescale Basic Information 4.12.2 Cognitive Services Product Profiles, Application and Specification 4.12.3 Cognitivescale Cognitive Services Market Performance (2015-2020) 4.12.4 Cognitivescale Business Overview 4.13 Microsoft 4.13.1 Microsoft Basic Information 4.13.2 Cognitive Services Product Profiles, Application and Specification 4.13.3 Microsoft Cognitive Services Market Performance (2015-2020) 4.13.4 Microsoft Business Overview 4.14 TCS 4.14.1 TCS Basic Information 4.14.2 Cognitive Services Product Profiles, Application and Specification 4.14.3 TCS Cognitive Services Market Performance (2015-2020) 4.14.4 TCS Business Overview 4.15 Expert System 4.15.1 Expert System Basic Information 4.15.2 Cognitive Services Product Profiles, Application and Specification 4.15.3 Expert System Cognitive Services Market Performance (2015-2020) 4.15.4 Expert System Business Overview 4.16 Fusion Informatics 4.16.1 Fusion Informatics Basic Information 4.16.2 Cognitive Services Product Profiles, Application and Specification 4.16.3 Fusion Informatics Cognitive Services Market Performance (2015-2020) 4.16.4 Fusion Informatics Business Overview 4.17 Softweb Solutions 4.17.1 Softweb Solutions Basic Information 4.17.2 Cognitive Services Product Profiles, Application and Specification 4.17.3 Softweb Solutions Cognitive Services Market Performance (2015-2020) 4.17.4 Softweb Solutions Business Overview 4.18 Ipsoft 4.18.1 Ipsoft Basic Information 4.18.2 Cognitive Services Product Profiles, Application and Specification 4.18.3 Ipsoft Cognitive Services Market Performance (2015-2020) 4.18.4 Ipsoft Business Overview 4.19 SAS 4.19.1 SAS Basic Information 4.19.2 Cognitive Services Product Profiles, Application and Specification 4.19.3 SAS Cognitive Services Market Performance (2015-2020) 4.19.4 SAS Business Overview 4.20 Nuance Communications 4.20.1 Nuance Communications Basic Information 4.20.2 Cognitive Services Product Profiles, Application and Specification 4.20.3 Nuance Communications Cognitive Services Market Performance (2015-2020) 4.20.4 Nuance Communications Business Overview 5 Global Cognitive Services Market Analysis by Regions 5.1 Global Cognitive Services Sales, Revenue and Market Share by Regions 5.1.1 Global Cognitive Services Sales by Regions (2015-2020) 5.1.2 Global Cognitive Services Revenue by Regions (2015-2020) 5.2 North America Cognitive Services Sales and Growth Rate (2015-2020) 5.3 Europe Cognitive Services Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Cognitive Services Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Cognitive Services Sales and Growth Rate (2015-2020) 5.6 South America Cognitive Services Sales and Growth Rate (2015-2020) 6 North America Cognitive Services Market Analysis by Countries 6.1 North America Cognitive Services Sales, Revenue and Market Share by Countries 6.1.1 North America Cognitive Services Sales by Countries (2015-2020) 6.1.2 North America Cognitive Services Revenue by Countries (2015-2020) 6.1.3 North America Cognitive Services Market Under COVID-19 6.2 United States Cognitive Services Sales and Growth Rate (2015-2020) 6.2.1 United States Cognitive Services Market Under COVID-19 6.3 Canada Cognitive Services Sales and Growth Rate (2015-2020) 6.4 Mexico Cognitive Services Sales and Growth Rate (2015-2020) 7 Europe Cognitive Services Market Analysis by Countries 7.1 Europe Cognitive Services Sales, Revenue and Market Share by Countries 7.1.1 Europe Cognitive Services Sales by Countries (2015-2020) 7.1.2 Europe Cognitive Services Revenue by Countries (2015-2020) 7.1.3 Europe Cognitive Services Market Under COVID-19 7.2 Germany Cognitive Services Sales and Growth Rate (2015-2020) 7.2.1 Germany Cognitive Services Market Under COVID-19 7.3 UK Cognitive Services Sales and Growth Rate (2015-2020) 7.3.1 UK Cognitive Services Market Under COVID-19 7.4 France Cognitive Services Sales and Growth Rate (2015-2020) 7.4.1 France Cognitive Services Market Under COVID-19 7.5 Italy Cognitive Services Sales and Growth Rate (2015-2020) 7.5.1 Italy Cognitive Services Market Under COVID-19 7.6 Spain Cognitive Services Sales and Growth Rate (2015-2020) 7.6.1 Spain Cognitive Services Market Under COVID-19 7.7 Russia Cognitive Services Sales and Growth Rate (2015-2020) 7.7.1 Russia Cognitive Services Market Under COVID-19 8 Asia-Pacific Cognitive Services Market Analysis by Countries 8.1 Asia-Pacific Cognitive Services Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Cognitive Services Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Cognitive Services Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Cognitive Services Market Under COVID-19 8.2 China Cognitive Services Sales and Growth Rate (2015-2020) 8.2.1 China Cognitive Services Market Under COVID-19 8.3 Japan Cognitive Services Sales and Growth Rate (2015-2020) 8.3.1 Japan Cognitive Services Market Under COVID-19 8.4 South Korea Cognitive Services Sales and Growth Rate (2015-2020) 8.4.1 South Korea Cognitive Services Market Under COVID-19 8.5 Australia Cognitive Services Sales and Growth Rate (2015-2020) 8.6 India Cognitive Services Sales and Growth Rate (2015-2020) 8.6.1 India Cognitive Services Market Under COVID-19 8.7 Southeast Asia Cognitive Services Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Cognitive Services Market Under COVID-19 9 Middle East and Africa Cognitive Services Market Analysis by Countries 9.1 Middle East and Africa Cognitive Services Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Cognitive Services Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Cognitive Services Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Cognitive Services Market Under COVID-19 9.2 Saudi Arabia Cognitive Services Sales and Growth Rate (2015-2020) 9.3 UAE Cognitive Services Sales and Growth Rate (2015-2020) 9.4 Egypt Cognitive Services Sales and Growth Rate (2015-2020) 9.5 Nigeria Cognitive Services Sales and Growth Rate (2015-2020) 9.6 South Africa Cognitive Services Sales and Growth Rate (2015-2020) 10 South America Cognitive Services Market Analysis by Countries 10.1 South America Cognitive Services Sales, Revenue and Market Share by Countries 10.1.1 South America Cognitive Services Sales by Countries (2015-2020) 10.1.2 South America Cognitive Services Revenue by Countries (2015-2020) 10.1.3 South America Cognitive Services Market Under COVID-19 10.2 Brazil Cognitive Services Sales and Growth Rate (2015-2020) 10.2.1 Brazil Cognitive Services Market Under COVID-19 10.3 Argentina Cognitive Services Sales and Growth Rate (2015-2020) 10.4 Columbia Cognitive Services Sales and Growth Rate (2015-2020) 10.5 Chile Cognitive Services Sales and Growth Rate (2015-2020) 11 Global Cognitive Services Market Segment by Types 11.1 Global Cognitive Services Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Cognitive Services Sales and Market Share by Types (2015-2020) 11.1.2 Global Cognitive Services Revenue and Market Share by Types (2015-2020) 11.2 Machine learning and deep learning Sales and Price (2015-2020) 11.3 Natural Language Processing (NLP) Sales and Price (2015-2020) 12 Global Cognitive Services Market Segment by Applications 12.1 Global Cognitive Services Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Cognitive Services Sales and Market Share by Applications (2015-2020) 12.1.2 Global Cognitive Services Revenue and Market Share by Applications (2015-2020) 12.2 BFSI Sales, Revenue and Growth Rate (2015-2020) 12.3 Healthcare Sales, Revenue and Growth Rate (2015-2020) 12.4 Retail Sales, Revenue and Growth Rate (2015-2020) 12.5 IT and telecommunication Sales, Revenue and Growth Rate (2015-2020) 12.6 Government and education Sales, Revenue and Growth Rate (2015-2020) 12.7 Manufacturing Sales, Revenue and Growth Rate (2015-2020) 12.8 Others Sales, Revenue and Growth Rate (2015-2020) 13 Cognitive Services Market Forecast by Regions (2020-2026) 13.1 Global Cognitive Services Sales, Revenue and Growth Rate (2020-2026) 13.2 Cognitive Services Market Forecast by Regions (2020-2026) 13.2.1 North America Cognitive Services Market Forecast (2020-2026) 13.2.2 Europe Cognitive Services Market Forecast (2020-2026) 13.2.3 Asia-Pacific Cognitive Services Market Forecast (2020-2026) 13.2.4 Middle East and Africa Cognitive Services Market Forecast (2020-2026) 13.2.5 South America Cognitive Services Market Forecast (2020-2026) 13.3 Cognitive Services Market Forecast by Types (2020-2026) 13.4 Cognitive Services Market Forecast by Applications (2020-2026) 13.5 Cognitive Services Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data SourceInquiry For Buying
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