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MarketersMEDIA / Newsroom / Global Cognitive Collaboration Market is expected to reach $2,458.53 million by 2027 growing at a CAGR of 12.8% during 2018 to 2027.

Global Cognitive Collaboration Market is expected to reach $2,458.53 million by 2027 growing at a CAGR of 12.8% during 2018 to 2027.

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Some of the key players in Cognitive Collaboration market include Microsoft, Cisco, LOOP AI Labs, Intec Systems Limited, Bluescape, Zoom.AI, Iotum, Softweb Solutions, Cognitivescale, Konolabs, Collaboration.AI, Resemble Systems, Chanty, and Slack Technologies.

— The increasing need for mobility and collaboration and easy integration with the already existing environment are the boosting elements for the market. However, difficulty in countering Ediscovery and legal risks is hampering the market.

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The cognitive collaboration leverages artificial intelligence and machine learning to augment in-person and distributed collaboration experiences. It describes a fundamental shift in how people work together and leverage technology to foster human relationships, build better customer experiences, and ultimately achieve team goals faster.

By deployment type, cloud-based deployment has a growing prominence in the near future. The cloud-based implementation of cognitive collaboration solutions helps to cut down the total cost of ownership and increase data storage capabilities for organizations. Organizations are finding cloud-deployed cognitive collaboration solutions attractive, as they are easy to deploy, offer agility for the organizations, and provide more scalability functions than on-premises solutions, at an affordable cost.

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Based on geography, North America is expected to have a huge demand during the forecast period. The adoption of AI-powered services is expected to grow in the region, owing to the growing demand to analyze large volumes of data to enhance the overall productivity, consumer experience and improve the decision-making process.

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Organization Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises

Components Covered:
• Services
• Solutions

Deployment Modes Covered:
• On-Premises
• Cloud

Applications Covered:
• Facial Recognition
• Data Analytics
• Social Media Assistance

End Users Covered:
• Banking, Financial Services, and Insurance
• Healthcare
• IT and Telecom
• Education
• Energy and Utilities
• Retail
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-cognitive-collaboration-market-is-expected-to-reach-245853-million-by-2027-growing-at-a-cagr-of-128-during-2018-to-2027/88936914

Source: MarketersMedia

Release ID: 88936914

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