Cognitive Analytics Market size was valued at US$ 2.13 Billion in 2021 and the global Cognitive Analytics revenue is expected to grow at 12.5% through 2021 to 2029, reaching nearly US$ 5.48 Billion.
Cognitive Analytics Market Overview
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Cognitive Analytics Market Scope
The Cognitive Analytics Market report provides in-depth analysis of the current trends, market dynamics and market structure and revenue structure of the domestic and global market. The report provides users with market drivers, challenges, and opportunities affecting the growth of the Global Cognitive Analytics Market . The report on the Cognitive Analytics Market provides helps to identify the information included in the research that determines the competitive landscape of key companies, the factors affecting the market and other aspects that can help you determine if your current marketing plan Are you on the right track and how to improve them. Reports provided by Maximize Market Research provide PESTEL Analysis to help you design trading strategies. Economic factors such as interest rates, exchange rates, inflation and wage rates, minimum wages, etc. helps to analyse the determinants of economic activity.
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Regional Analysis:
The North America, Asia-Pacific, Europe, the Middle East and Africa, and Latin America are the five regions that make up the global Cognitive Analytics Market . A clear understanding of local energy, economic, political, and geographic variables is essential for any meaningful assessment of possible policy options in response to the development of Global market.
With more than 60% of the market share overall, the cloud segment dominated the cognitive analytics market by deployment in 2021. This significant percentage is explained by the fact that cloud deployment is more economical than on-premises deployment. Implementing an on-premise solution demands highly qualified employees as well as significant upfront costs. Using the cloud decreases costs significantly but not completely eliminating them.
By end-user, the cognitive analytics market was dominated by the IT and telecom segment in 2021. This is connected to the decision made by communication service providers (CSPs) to operate their businesses in predictive and cognitive operational modes. As a result, expenses are reduced, and customer satisfaction is raised.
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Key Players:
• IBM
• Infosys
• Happiest Minds
• Rapidvalue
• Cognizant
• Einfochips
• Prodapt Solutions
• Tech Mahindra
• Google LLC
• Oracle Corporation
• SAS Institute
• Microsoft Corporation
• IPsoft
• Narrative Science
• Cisco Systems
• Nokia
Key Questions answered in the Cognitive Analytics Market Report are:
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Key offerings:
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Cognitive Analytics Market release , Cognitive Analytics Market share , Cognitive Analytics Market scope
Mar 20, 2023