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Cognitive Analytics Market Size is anticipated to reach over $ 48 Bn by 2026

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Market Study Report Add New 2018-2026 Global Cognitive Analytics Market Report to its research database presenting an informative study covering the market with detailed analysis. The Cognitive Analytics market research report is a professional and in-depth study on the current state of global Industry.

— The Cognitive Analytics market is anticipated to reach over USD 48 billion by 2026 according to a new research. In 2017, the large enterprises segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue in 2017.

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The North America Cognitive Analytics Market generated the highest revenue in 2017 and is expected to lead the global market throughout the forecast period. The increase in demand from the healthcare and government sectors, and growing trend of IOT drive the market growth in the region. The growing adoption of cloud-based technologies, and technological advancements further support ten Cognitive Analytics Market growth in the region. The increasing demand from BFSI and defense sectors in the region further promote market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing demand from emerging countries such as China, Japan, and India.

The growing need for real time analysis of complex data for improved business efficiency and need to gain actionable insights from large amount of data have boosted the adoption of cognitive analytics solutions. Increasing trend of BYOD, IOT, and artificial intelligence fuels the adoption of cognitive analytics. Additionally, the increasing demand of cognitive analytics from industries such as transportation, healthcare, and BFSI has supported then Cognitive Analytics Market growth over the years. Increasing investments by vendors in technological advancements coupled with growing adoption of cloud technologies would accelerate the growth of the cognitive analytics market. Growing demand from emerging economies and increasing adoption by small and medium sized businesses is expected to provide numerous growth opportunities in the coming years.

The leading companies profiled in the Cognitive Analytics Market report include International Business Machines Corporation, Cisco Systems Inc., SAS Institute, Nuance Communications, Microsoft Corporation, Oracle Corporation, Amazon Web Services, Google LLC, Intel Corporation, and Narrative Science. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Table of Contents:

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
3. Cognitive Analytics Market Insights
4. Cognitive Analytics Market Size and Forecast, 2017-2026 by Component
5. Cognitive Analytics Market Size and Forecast, 2017-2026 by Deployment Model
6. Cognitive Analytics Market Size and Forecast, 2017-2026 by End-User
7. Cognitive Analytics Market Size and Forecast, 2017-2026 by Organization Size
8. Cognitive Analytics Market Size and Forecast, 2017-2026 by Region
9. Company Profiles

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Related Report:

2018-2023 Global Cognitive Analytics Market Report (Status and Outlook)

This report presents a comprehensive overview, market shares and growth opportunities of Cognitive Analytics market by product type, application, key companies and key regions. Over the next five years, projects that Cognitive Analytics will register a 42.9% CAGR in terms of revenue, reach US$ 15300 million by 2023, from US$ 1800 million in 2017. Organizations are deploying cognitive analytics solutions, either on-premises or on-demand (cloud). The demand for cloud-based cognitive analytics solutions is expected to grow at a higher rate. Due to the scalability and agility of cloud-based technologies, more enterprises are proactively adopting cloud-based cognitive analytics solutions to avail the cost-saving benefits and increase their operational efficiency.

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Organization: Market Study Report
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Source: MarketersMedia

Release ID: 513226

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