Cognitive Analytics Market, Global Outlook and Forecast 2023-2029
The healthcare and life sciences industry is estimated to have the largest share of the cognitive analytics market in 2017. Cognitive analytics enables organizations in the healthcare and life sciences industry to accelerate scientific discoveries, transform clinical trials, and improve the execution and engagement for better treatment and care management, leading to the high adoption of the technology in this industry.
This report aims to provide a comprehensive presentation of the global market for Cognitive Analytics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cognitive Analytics. This report contains market size and forecasts of Cognitive Analytics in global, including the following market information:
Global Cognitive Analytics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cognitive Analytics market was valued at US$ 2272.6 million in 2022 and is projected to reach US$ 9834 million by 2029, at a CAGR of 23.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Cognitive Analytics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cognitive Analytics Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cognitive Analytics Market Segment Percentages, by Type, 2022 (%)
Managed services
Professional services
Consulting services
Deployment and integration
Support and maintenance
Global Cognitive Analytics Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cognitive Analytics Market Segment Percentages, by Application, 2022 (%)
Asset Maintenance
Fraud and Risk Management
Customer Analysis and Personalization
Sales and Marketing Management
Supply Chain Management
Others
Global Cognitive Analytics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cognitive Analytics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cognitive Analytics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cognitive Analytics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Amazon Web Services (AWS)
Google
Microsoft
Oracle
SAS Institute
Intel
Cisco Systems
Nokia
HPE
Nuance Communications
Ipsoft
Narrative Science
Sinequa
Persado
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cognitive Analytics, market overview.
Chapter 2: Global Cognitive Analytics market size in revenue.
Chapter 3: Detailed analysis of Cognitive Analytics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cognitive Analytics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.