Cognitive Computing is completely changing the way organization use their big data in each verticals, especially in industries like Healthcare, BFSI and Customer services. This is big revolution in global information technology market and holds very strong potential of growth. The Cognitive Computing enables a machine to think, interpret and infer information like a human brain. The biggest advancement in this market is IBM?s Watson Cognitive Computing. There are few players in the market that have developed the technique of integrating cognitive computing with internet of things (IoT).
This report aims to provide a comprehensive presentation of the global market for Cognitive Computing, 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 Computing. This report contains market size and forecasts of Cognitive Computing in global, including the following market information:
Global Cognitive Computing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cognitive Computing market was valued at US$ 7860.4 million in 2022 and is projected to reach US$ 29200 million by 2029, at a CAGR of 20.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The cognitive computing basically works on the principle of neocortex, a part of human brain that plays a big role in the decision making by analyzing the behaviors of a human being and makes decision on the basis of time series analysis. The computer systems that we are using today are consulting us the way we already programed them but cognitive computing systems are completely different, they works on the machine learning algorithms and natural language processing. This unique feature of cognitive computing is enabling business organizations to use immense amount of dark data available with them.
We surveyed the Cognitive Computing 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 Computing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cognitive Computing Market Segment Percentages, by Type, 2022 (%)
Natural Language Processing (NLP)
Machine Learning
Automated Reasoning
Others Technologies
Global Cognitive Computing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cognitive Computing Market Segment Percentages, by Application, 2022 (%)
SMBs
Large Enterprises
Global Cognitive Computing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cognitive Computing 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 Computing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cognitive Computing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google
IBM
Microsoft
Palantir
Saffron Technology
Cold Light
Cognitive Scale
Enterra Solutions
Numenta
Vicarious
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cognitive Computing, market overview.
Chapter 2: Global Cognitive Computing market size in revenue.
Chapter 3: Detailed analysis of Cognitive Computing 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 Computing 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Cognitive Computing Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Cognitive Computing Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Cognitive Computing Overall Market Size
2.1 Global Cognitive Computing Market Size: 2022 VS 2029
2.2 Global Cognitive Computing Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Cognitive Computing Players in Global Market
3.2 Top Global Cognitive Computing Companies Ranked by Revenue
3.3 Global Cognitive Computing Revenue by Companies
3.4 Top 3 and Top 5 Cognitive Computing Companies in Global Market, by Revenue in 2022
3.5 Global Companies Cognitive Computing Product Type
3.6 Tier 1, Tier 2 and Tier 3 Cognitive Computing Players in Global Market
3.6.1 List of Global Tier 1 Cognitive Computing Companies
3.6.2 List of Global Tier 2 and Tier 3 Cognitive Computing Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Cognitive Computing Market Size Markets, 2022 & 2029
4.1.2 Natural Language Processing (NLP)
4.1.3 Machine Learning
4.1.4 Automated Reasoning
4.1.5 Others Technologies
4.2 By Type - Global Cognitive Computing Revenue & Forecasts
4.2.1 By Type - Global Cognitive Computing Revenue, 2018-2023
4.2.2 By Type - Global Cognitive Computing Revenue, 2024-2029
4.2.3 By Type - Global Cognitive Computing Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Cognitive Computing Market Size, 2022 & 2029
5.1.2 SMBs
5.1.3 Large Enterprises
5.2 By Application - Global Cognitive Computing Revenue & Forecasts
5.2.1 By Application - Global Cognitive Computing Revenue, 2018-2023
5.2.2 By Application - Global Cognitive Computing Revenue, 2024-2029
5.2.3 By Application - Global Cognitive Computing Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Cognitive Computing Market Size, 2022 & 2029
6.2 By Region - Global Cognitive Computing Revenue & Forecasts
6.2.1 By Region - Global Cognitive Computing Revenue, 2018-2023
6.2.2 By Region - Global Cognitive Computing Revenue, 2024-2029
6.2.3 By Region - Global Cognitive Computing Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Cognitive Computing Revenue, 2018-2029
6.3.2 US Cognitive Computing Market Size, 2018-2029
6.3.3 Canada Cognitive Computing Market Size, 2018-2029
6.3.4 Mexico Cognitive Computing Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Cognitive Computing Revenue, 2018-2029
6.4.2 Germany Cognitive Computing Market Size, 2018-2029
6.4.3 France Cognitive Computing Market Size, 2018-2029
6.4.4 U.K. Cognitive Computing Market Size, 2018-2029
6.4.5 Italy Cognitive Computing Market Size, 2018-2029
6.4.6 Russia Cognitive Computing Market Size, 2018-2029
6.4.7 Nordic Countries Cognitive Computing Market Size, 2018-2029
6.4.8 Benelux Cognitive Computing Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Cognitive Computing Revenue, 2018-2029
6.5.2 China Cognitive Computing Market Size, 2018-2029
6.5.3 Japan Cognitive Computing Market Size, 2018-2029
6.5.4 South Korea Cognitive Computing Market Size, 2018-2029
6.5.5 Southeast Asia Cognitive Computing Market Size, 2018-2029
6.5.6 India Cognitive Computing Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Cognitive Computing Revenue, 2018-2029
6.6.2 Brazil Cognitive Computing Market Size, 2018-2029
6.6.3 Argentina Cognitive Computing Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Cognitive Computing Revenue, 2018-2029
6.7.2 Turkey Cognitive Computing Market Size, 2018-2029
6.7.3 Israel Cognitive Computing Market Size, 2018-2029
6.7.4 Saudi Arabia Cognitive Computing Market Size, 2018-2029
6.7.5 UAE Cognitive Computing Market Size, 2018-2029
7 Cognitive Computing Companies Profiles
7.1 Google
7.1.1 Google Company Summary
7.1.2 Google Business Overview
7.1.3 Google Cognitive Computing Major Product Offerings
7.1.4 Google Cognitive Computing Revenue in Global Market (2018-2023)
7.1.5 Google Key News & Latest Developments
7.2 IBM
7.2.1 IBM Company Summary
7.2.2 IBM Business Overview
7.2.3 IBM Cognitive Computing Major Product Offerings
7.2.4 IBM Cognitive Computing Revenue in Global Market (2018-2023)
7.2.5 IBM Key News & Latest Developments
7.3 Microsoft
7.3.1 Microsoft Company Summary
7.3.2 Microsoft Business Overview
7.3.3 Microsoft Cognitive Computing Major Product Offerings
7.3.4 Microsoft Cognitive Computing Revenue in Global Market (2018-2023)
7.3.5 Microsoft Key News & Latest Developments
7.4 Palantir
7.4.1 Palantir Company Summary
7.4.2 Palantir Business Overview
7.4.3 Palantir Cognitive Computing Major Product Offerings
7.4.4 Palantir Cognitive Computing Revenue in Global Market (2018-2023)
7.4.5 Palantir Key News & Latest Developments
7.5 Saffron Technology
7.5.1 Saffron Technology Company Summary
7.5.2 Saffron Technology Business Overview
7.5.3 Saffron Technology Cognitive Computing Major Product Offerings
7.5.4 Saffron Technology Cognitive Computing Revenue in Global Market (2018-2023)
7.5.5 Saffron Technology Key News & Latest Developments
7.6 Cold Light
7.6.1 Cold Light Company Summary
7.6.2 Cold Light Business Overview
7.6.3 Cold Light Cognitive Computing Major Product Offerings
7.6.4 Cold Light Cognitive Computing Revenue in Global Market (2018-2023)
7.6.5 Cold Light Key News & Latest Developments
7.7 Cognitive Scale
7.7.1 Cognitive Scale Company Summary
7.7.2 Cognitive Scale Business Overview
7.7.3 Cognitive Scale Cognitive Computing Major Product Offerings
7.7.4 Cognitive Scale Cognitive Computing Revenue in Global Market (2018-2023)
7.7.5 Cognitive Scale Key News & Latest Developments
7.8 Enterra Solutions
7.8.1 Enterra Solutions Company Summary
7.8.2 Enterra Solutions Business Overview
7.8.3 Enterra Solutions Cognitive Computing Major Product Offerings
7.8.4 Enterra Solutions Cognitive Computing Revenue in Global Market (2018-2023)
7.8.5 Enterra Solutions Key News & Latest Developments
7.9 Numenta
7.9.1 Numenta Company Summary
7.9.2 Numenta Business Overview
7.9.3 Numenta Cognitive Computing Major Product Offerings
7.9.4 Numenta Cognitive Computing Revenue in Global Market (2018-2023)
7.9.5 Numenta Key News & Latest Developments
7.10 Vicarious
7.10.1 Vicarious Company Summary
7.10.2 Vicarious Business Overview
7.10.3 Vicarious Cognitive Computing Major Product Offerings
7.10.4 Vicarious Cognitive Computing Revenue in Global Market (2018-2023)
7.10.5 Vicarious Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Cognitive Computing Market Opportunities & Trends in Global Market
Table 2. Cognitive Computing Market Drivers in Global Market
Table 3. Cognitive Computing Market Restraints in Global Market
Table 4. Key Players of Cognitive Computing in Global Market
Table 5. Top Cognitive Computing Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Cognitive Computing Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Cognitive Computing Revenue Share by Companies, 2018-2023
Table 8. Global Companies Cognitive Computing Product Type
Table 9. List of Global Tier 1 Cognitive Computing Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Cognitive Computing Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Cognitive Computing Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Cognitive Computing Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Cognitive Computing Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Cognitive Computing Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Cognitive Computing Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Cognitive Computing Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Cognitive Computing Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Cognitive Computing Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Cognitive Computing Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Cognitive Computing Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Cognitive Computing Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Cognitive Computing Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Cognitive Computing Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Cognitive Computing Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Cognitive Computing Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Cognitive Computing Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Cognitive Computing Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Cognitive Computing Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Cognitive Computing Revenue, (US$, Mn), 2024-2029
Table 30. Google Company Summary
Table 31. Google Cognitive Computing Product Offerings
Table 32. Google Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 33. Google Key News & Latest Developments
Table 34. IBM Company Summary
Table 35. IBM Cognitive Computing Product Offerings
Table 36. IBM Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 37. IBM Key News & Latest Developments
Table 38. Microsoft Company Summary
Table 39. Microsoft Cognitive Computing Product Offerings
Table 40. Microsoft Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 41. Microsoft Key News & Latest Developments
Table 42. Palantir Company Summary
Table 43. Palantir Cognitive Computing Product Offerings
Table 44. Palantir Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 45. Palantir Key News & Latest Developments
Table 46. Saffron Technology Company Summary
Table 47. Saffron Technology Cognitive Computing Product Offerings
Table 48. Saffron Technology Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 49. Saffron Technology Key News & Latest Developments
Table 50. Cold Light Company Summary
Table 51. Cold Light Cognitive Computing Product Offerings
Table 52. Cold Light Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 53. Cold Light Key News & Latest Developments
Table 54. Cognitive Scale Company Summary
Table 55. Cognitive Scale Cognitive Computing Product Offerings
Table 56. Cognitive Scale Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 57. Cognitive Scale Key News & Latest Developments
Table 58. Enterra Solutions Company Summary
Table 59. Enterra Solutions Cognitive Computing Product Offerings
Table 60. Enterra Solutions Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 61. Enterra Solutions Key News & Latest Developments
Table 62. Numenta Company Summary
Table 63. Numenta Cognitive Computing Product Offerings
Table 64. Numenta Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 65. Numenta Key News & Latest Developments
Table 66. Vicarious Company Summary
Table 67. Vicarious Cognitive Computing Product Offerings
Table 68. Vicarious Cognitive Computing Revenue (US$, Mn) & (2018-2023)
Table 69. Vicarious Key News & Latest Developments
List of Figures
Figure 1. Cognitive Computing Segment by Type in 2022
Figure 2. Cognitive Computing Segment by Application in 2022
Figure 3. Global Cognitive Computing Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Cognitive Computing Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Cognitive Computing Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Cognitive Computing Revenue in 2022
Figure 8. By Type - Global Cognitive Computing Revenue Market Share, 2018-2029
Figure 9. By Application - Global Cognitive Computing Revenue Market Share, 2018-2029
Figure 10. By Type - Global Cognitive Computing Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Cognitive Computing Revenue Market Share, 2018-2029
Figure 12. By Application - Global Cognitive Computing Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Cognitive Computing Revenue Market Share, 2018-2029
Figure 14. By Region - Global Cognitive Computing Revenue Market Share, 2018-2029
Figure 15. By Country - North America Cognitive Computing Revenue Market Share, 2018-2029
Figure 16. US Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Cognitive Computing Revenue Market Share, 2018-2029
Figure 20. Germany Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 21. France Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Cognitive Computing Revenue Market Share, 2018-2029
Figure 28. China Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 32. India Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Cognitive Computing Revenue Market Share, 2018-2029
Figure 34. Brazil Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Cognitive Computing Revenue Market Share, 2018-2029
Figure 37. Turkey Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Cognitive Computing Revenue, (US$, Mn), 2018-2029
Figure 41. Google Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. IBM Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Microsoft Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Palantir Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Saffron Technology Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Cold Light Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Cognitive Scale Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Enterra Solutions Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Numenta Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Vicarious Cognitive Computing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
