Global Cognitive Services Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI11241866

Publication Date:

November 28, 2024

Pages:

131

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Cognitive Services market size was valued at US$ 2778.6 million in 2023. With growing demand in downstream market, the Cognitive Services is forecast to a readjusted size of US$ 13330 million by 2030 with a CAGR of 25.1% during review period.
The research report highlights the growth potential of the global Cognitive Services market. Cognitive Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Cognitive Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Cognitive Services market.
Cognitive Services are a set of machine learning algorithms that Microsoft has developed to solve problems in the field of Artificial Intelligence (AI)
North America is expected to have the largest market size in the cognitive services market, while Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period. The North American region has shown increased investments in the market, and several vendors have evolved to cater to the rapidly growing market. A considerable growth is expected in the region during the forecast period. In North America, the cognitive services technology is effectively used for various business applications, such as market analysis, diagnosis and treatment system, safety and security management, and supply chain management.
Key Features:
The report on Cognitive Services market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Cognitive Services market. It may include historical data, market segmentation by Type (e.g., Machine Learning and Deep Learning, Natural Language Processing (NLP)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Cognitive Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Cognitive Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Cognitive Services industry. This include advancements in Cognitive Services technology, Cognitive Services new entrants, Cognitive Services new investment, and other innovations that are shaping the future of Cognitive Services.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cognitive Services market. It includes factors influencing customer ' purchasing decisions, preferences for Cognitive Services product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cognitive Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cognitive Services market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cognitive Services market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Cognitive Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Cognitive Services market.
Market Segmentation:
Cognitive Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Machine Learning and Deep Learning
Natural Language Processing (NLP)
Segmentation by application
BFSI
Healthcare
Retail
IT and Telecommunication
Government and Education
Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Microsoft
Google
AWS
Baidu
Nuance Communications
Qualcomm Technologies
SAS
Apple
TCS
Nokia
Expert System
Verbio Technologies
Softweb Solutions
Folio3 Software
Fusion Informatics
Inbenta
Cognitivescale
Ipsoft

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cognitive Services Market Size 2019-2030
2.1.2 Cognitive Services Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Cognitive Services Segment by Type
2.2.1 Machine Learning and Deep Learning
2.2.2 Natural Language Processing (NLP)
2.3 Cognitive Services Market Size by Type
2.3.1 Cognitive Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Cognitive Services Market Size Market Share by Type (2019-2024)
2.4 Cognitive Services Segment by Application
2.4.1 BFSI
2.4.2 Healthcare
2.4.3 Retail
2.4.4 IT and Telecommunication
2.4.5 Government and Education
2.4.6 Manufacturing
2.4.7 Others
2.5 Cognitive Services Market Size by Application
2.5.1 Cognitive Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Cognitive Services Market Size Market Share by Application (2019-2024)
3 Cognitive Services Market Size by Player
3.1 Cognitive Services Market Size Market Share by Players
3.1.1 Global Cognitive Services Revenue by Players (2019-2024)
3.1.2 Global Cognitive Services Revenue Market Share by Players (2019-2024)
3.2 Global Cognitive Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Cognitive Services by Regions
4.1 Cognitive Services Market Size by Regions (2019-2024)
4.2 Americas Cognitive Services Market Size Growth (2019-2024)
4.3 APAC Cognitive Services Market Size Growth (2019-2024)
4.4 Europe Cognitive Services Market Size Growth (2019-2024)
4.5 Middle East & Africa Cognitive Services Market Size Growth (2019-2024)
5 Americas
5.1 Americas Cognitive Services Market Size by Country (2019-2024)
5.2 Americas Cognitive Services Market Size by Type (2019-2024)
5.3 Americas Cognitive Services Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Cognitive Services Market Size by Region (2019-2024)
6.2 APAC Cognitive Services Market Size by Type (2019-2024)
6.3 APAC Cognitive Services Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Cognitive Services by Country (2019-2024)
7.2 Europe Cognitive Services Market Size by Type (2019-2024)
7.3 Europe Cognitive Services Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Cognitive Services by Region (2019-2024)
8.2 Middle East & Africa Cognitive Services Market Size by Type (2019-2024)
8.3 Middle East & Africa Cognitive Services Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Cognitive Services Market Forecast
10.1 Global Cognitive Services Forecast by Regions (2025-2030)
10.1.1 Global Cognitive Services Forecast by Regions (2025-2030)
10.1.2 Americas Cognitive Services Forecast
10.1.3 APAC Cognitive Services Forecast
10.1.4 Europe Cognitive Services Forecast
10.1.5 Middle East & Africa Cognitive Services Forecast
10.2 Americas Cognitive Services Forecast by Country (2025-2030)
10.2.1 United States Cognitive Services Market Forecast
10.2.2 Canada Cognitive Services Market Forecast
10.2.3 Mexico Cognitive Services Market Forecast
10.2.4 Brazil Cognitive Services Market Forecast
10.3 APAC Cognitive Services Forecast by Region (2025-2030)
10.3.1 China Cognitive Services Market Forecast
10.3.2 Japan Cognitive Services Market Forecast
10.3.3 Korea Cognitive Services Market Forecast
10.3.4 Southeast Asia Cognitive Services Market Forecast
10.3.5 India Cognitive Services Market Forecast
10.3.6 Australia Cognitive Services Market Forecast
10.4 Europe Cognitive Services Forecast by Country (2025-2030)
10.4.1 Germany Cognitive Services Market Forecast
10.4.2 France Cognitive Services Market Forecast
10.4.3 UK Cognitive Services Market Forecast
10.4.4 Italy Cognitive Services Market Forecast
10.4.5 Russia Cognitive Services Market Forecast
10.5 Middle East & Africa Cognitive Services Forecast by Region (2025-2030)
10.5.1 Egypt Cognitive Services Market Forecast
10.5.2 South Africa Cognitive Services Market Forecast
10.5.3 Israel Cognitive Services Market Forecast
10.5.4 Turkey Cognitive Services Market Forecast
10.5.5 GCC Countries Cognitive Services Market Forecast
10.6 Global Cognitive Services Forecast by Type (2025-2030)
10.7 Global Cognitive Services Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 IBM
11.1.1 IBM Company Information
11.1.2 IBM Cognitive Services Product Offered
11.1.3 IBM Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 IBM Main Business Overview
11.1.5 IBM Latest Developments
11.2 Microsoft
11.2.1 Microsoft Company Information
11.2.2 Microsoft Cognitive Services Product Offered
11.2.3 Microsoft Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Microsoft Main Business Overview
11.2.5 Microsoft Latest Developments
11.3 Google
11.3.1 Google Company Information
11.3.2 Google Cognitive Services Product Offered
11.3.3 Google Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Google Main Business Overview
11.3.5 Google Latest Developments
11.4 AWS
11.4.1 AWS Company Information
11.4.2 AWS Cognitive Services Product Offered
11.4.3 AWS Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 AWS Main Business Overview
11.4.5 AWS Latest Developments
11.5 Baidu
11.5.1 Baidu Company Information
11.5.2 Baidu Cognitive Services Product Offered
11.5.3 Baidu Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Baidu Main Business Overview
11.5.5 Baidu Latest Developments
11.6 Nuance Communications
11.6.1 Nuance Communications Company Information
11.6.2 Nuance Communications Cognitive Services Product Offered
11.6.3 Nuance Communications Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Nuance Communications Main Business Overview
11.6.5 Nuance Communications Latest Developments
11.7 Qualcomm Technologies
11.7.1 Qualcomm Technologies Company Information
11.7.2 Qualcomm Technologies Cognitive Services Product Offered
11.7.3 Qualcomm Technologies Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Qualcomm Technologies Main Business Overview
11.7.5 Qualcomm Technologies Latest Developments
11.8 SAS
11.8.1 SAS Company Information
11.8.2 SAS Cognitive Services Product Offered
11.8.3 SAS Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 SAS Main Business Overview
11.8.5 SAS Latest Developments
11.9 Apple
11.9.1 Apple Company Information
11.9.2 Apple Cognitive Services Product Offered
11.9.3 Apple Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Apple Main Business Overview
11.9.5 Apple Latest Developments
11.10 TCS
11.10.1 TCS Company Information
11.10.2 TCS Cognitive Services Product Offered
11.10.3 TCS Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 TCS Main Business Overview
11.10.5 TCS Latest Developments
11.11 Nokia
11.11.1 Nokia Company Information
11.11.2 Nokia Cognitive Services Product Offered
11.11.3 Nokia Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Nokia Main Business Overview
11.11.5 Nokia Latest Developments
11.12 Expert System
11.12.1 Expert System Company Information
11.12.2 Expert System Cognitive Services Product Offered
11.12.3 Expert System Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Expert System Main Business Overview
11.12.5 Expert System Latest Developments
11.13 Verbio Technologies
11.13.1 Verbio Technologies Company Information
11.13.2 Verbio Technologies Cognitive Services Product Offered
11.13.3 Verbio Technologies Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Verbio Technologies Main Business Overview
11.13.5 Verbio Technologies Latest Developments
11.14 Softweb Solutions
11.14.1 Softweb Solutions Company Information
11.14.2 Softweb Solutions Cognitive Services Product Offered
11.14.3 Softweb Solutions Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Softweb Solutions Main Business Overview
11.14.5 Softweb Solutions Latest Developments
11.15 Folio3 Software
11.15.1 Folio3 Software Company Information
11.15.2 Folio3 Software Cognitive Services Product Offered
11.15.3 Folio3 Software Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Folio3 Software Main Business Overview
11.15.5 Folio3 Software Latest Developments
11.16 Fusion Informatics
11.16.1 Fusion Informatics Company Information
11.16.2 Fusion Informatics Cognitive Services Product Offered
11.16.3 Fusion Informatics Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Fusion Informatics Main Business Overview
11.16.5 Fusion Informatics Latest Developments
11.17 Inbenta
11.17.1 Inbenta Company Information
11.17.2 Inbenta Cognitive Services Product Offered
11.17.3 Inbenta Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Inbenta Main Business Overview
11.17.5 Inbenta Latest Developments
11.18 Cognitivescale
11.18.1 Cognitivescale Company Information
11.18.2 Cognitivescale Cognitive Services Product Offered
11.18.3 Cognitivescale Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Cognitivescale Main Business Overview
11.18.5 Cognitivescale Latest Developments
11.19 Ipsoft
11.19.1 Ipsoft Company Information
11.19.2 Ipsoft Cognitive Services Product Offered
11.19.3 Ipsoft Cognitive Services Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 Ipsoft Main Business Overview
11.19.5 Ipsoft Latest Developments
12 Research Findings and Conclusion

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