Cognitive Cloud Market 2019 Global Trends, Emerging Technologies, Size, Segments and Industry Growth by Forecast to 2023

Global Cognitive Cloud Market is expected to grow at approx. USD 3.42 Billion by 2023, at 16% of CAGR between 2017 and 2023.

Pune, India - April 2, 2019 /MarketersMedia/ —

Cognitive Cloud Market Scenario:
Major giants like IBM Corporation and Google are investing into cognitive cloud market owing to the increasing demand from various industry verticals like healthcare, retail, corporate, government among others. Increasing adoption of internet of things is one major factor fueling the growth of cognitive cloud market. CognitiveScale runs its cognitive clouds on IBM Watsons Bluemix in order to provide insights into the business processes and applications. It offers complete transparency while maintaining data security. Cognitive cloud helps in effectively using information and in turn driving the overall growth of the organization.

North America region holds the largest market share of global cognitive cloud market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for internet of things and growing demand for cloud platforms for building and managing applications in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies.

Cognitive Cloud Market has been segmented on the basis of technology, service, end user and vertical. The vertical segment is further bifurcated into BFSI, healthcare, consumer electronics & retail, education & retail, IT & telecommunication, travel & tourism, aerospace & defense, oil & gas and others. Out of which retail and healthcare verticals are expected to grow at a significant rate during the forecast period. In healthcare, cognitive cloud helps in gathering all the available information and integrating that data with patient information which in turn helps in providing more personalized services. Cognitive cloud also helps in making healthcare cost efficient.

Major factor driving the growth of cognitive cloud market is the increasing demand for content personalization. Increasing demand for real time data analysis is another factor driving the growth of cognitive cloud market.

The global cognitive cloud market is expected to grow at approx. USD 3.42 Billion by 2023, at 16% of CAGR between 2017 and 2023.

Request a Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4340

Major Key Players:
• Google, Inc. (U.S.)
• IBM Corporation (U.S.)
• Microsoft Corporation (U.S.)
• Spark Cognition, Inc. (U.S.)
• CognitiveScale (U.S.)
• Enterra Solutions LLC (U.S.)
• Numenta (U.S.)
• Vicarious (U.S.)
• Saffron Technology (U.S.)
• ColdLight Solutions (U.S.)

Segments:
Cognitive cloud market can be segmented on the basis of following:

By Technology
• Natural Language Processing
• Machine Learning
• Automated Reasoning
• Others

By Service
• Managed Service
• Professional Service

By End User
• SMEs
• Large Enterprises

By Vertical
• BFSI
• Healthcare
• Consumer Electronics & Retail
• Education & Retail
• IT & Telecommunication
• Travel & Tourism
• Aerospace & Defense
• Oil & Gas
• Others

Regional Analysis:
The regional analysis of cognitive cloud market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period.

The major growth in cognitive cloud market in North America is attributed to technical advancements and increasing need for real time analysis of massive and diversified data in that region.

Access Report Details @ https://www.marketresearchfuture.com/reports/cognitive-cloud-market-4340

Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• OEM technology solution providers
• Cloud solution provider
• System Integrators
• External Service Providers (ESPs)
• Consumers

Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Ssumptions
1.2.3 Limitations
1.3 Market Structure
Continued…

List of Tables
Table 1 Cognitive Cloud Market, By Technology
Table 2 Cognitive Cloud Market, By Service
Table 3 Cognitive Cloud Market, By End User
Continued…

List of Figures
Figure 1 Research Type
Figure 2 Cognitive Cloud Market, By Technology (%)
Figure 3 Cognitive Cloud Market, By Service (%)
Continued…

About Market Research Future:
At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/cognitive-cloud-market-4340

Source URL: https://marketersmedia.com/cognitive-cloud-market-2019-global-trends-emerging-technologies-size-segments-and-industry-growth-by-forecast-to-2023/497679

Source: MarketersMedia

Release ID: 497679