Cognitive Analytics Market Forecast to 2022 - Rise in Adoption of Cognitive Computing Technology - Research and Markets

DUBLIN--()--The "Cognitive Analytics Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The cognitive analytics market is expected to grow from USD 1.84 Billion in 2017 to USD 10.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period.

The cognitive analytics market is growing rapidly due to the increasing volumes of data, rise in the adoption of cognitive computing, and the introduction of advanced analytics techniques. Factors such as lack of trust in technology and complex analytical processes are expected to limit the market growth.

Companies are unable to make full use of their customer data pools, thereby creating a performance gap. Cognitive analytics bridges this gap by overcoming the limitations of the traditional analytics tools. It thinks like the humans while dealing with the ever-growing data and provides companies deep individualized insights into their customers, resulting in the higher market size of the customer analysis and personalization application. Therefore, the customer analysis and personalization application is projected to have the largest market share in 2022.

Companies in the transportation and logistics industry face several challenges and complexities in maintaining their equipment and orchestrating the resource deployments. Furthermore, the vast volume of structured and unstructured data received from various sources is expected to drive the demand for cognitive analytics systems. These systems can harness the data to advance business imperatives and help companies achieve an interconnected vision.

Companies Mentioned

  • Amazon Web Services
  • Cisco Systems
  • Google
  • HPE
  • IBM
  • Intel
  • Ipsoft
  • Microsoft
  • Narrative Science
  • Nokia
  • Nuance Communications
  • Oracle
  • Persado
  • Sas Institute
  • Sinequa

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview And Industry Trends

6 Cognitive Analytics Market Analysis, By Application

7 Cognitive Analytics Market Analysis, By Component

8 Cognitive Analytics Market Analysis, By Deployment Model

9 Cognitive Analytics Market Analysis, By Organization Size

10 Cognitive Analytics Market Analysis, By Industry

11 Geographic Analysis

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/r338fp/cognitive

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Data Analytics, Artificial Intelligence

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Data Analytics, Artificial Intelligence