Cognitive Computing Market

Continued Emphasis on a Data-Driven Approach to Bolster the Demand for the Cognitive Computing Market

The cognitive computing market is expected to reach a market value of US$ 49.50 billion in 2026, with a promising CAGR from 2018 to 2026. Cognitive computing is set to replicate the human capabilities of sensory perception, thinking, learning, and decision-making. The capacity to harness a vast amount of computing supremacy will take this paradigm beyond human limitation in terms of both ability and speed.

These techniques distinguish patterns and provide potential solutions that individuals may not be able to perceive. Such technological advancement will generate a huge amount of data, both structured and unstructured, and that data will be available for analysis. Effective use of computing infrastructure to rapidly process large data streams is stimulating the need for cognitive computing across all industry verticals.

Market Synopsis

Machine Learning Segment to Cement its Dominance in the Cognitive Computing Market

Machine learning, neural networks, and deep learning are the most prominent among the technology paradigms and have emerged as vital tools of intelligence in order to derive insights from information and apply judgment.

Machine learning techniques and capabilities enable applications to classify information, identify patterns in large amounts of information, make predictions, and detect anomalies. These techniques help organizations build systems that can process big data while applying their thinking abilities to correlate and classify disparate pieces of information.

Growing Investment for an Analytical Approach to Ensure a Higher Growth Rate in the Asia Pacific Market

At present, North America is the front-runner in the overall cognitive computing market. With the nature of the market here more prone to early adoption of the latest technology, the North American cognitive computing market is witnessing a steady growth rate across the forecast period. Furthermore, Asia Pacific witnessed a higher growth rate throughout the forecast period. China is rapidly becoming a global leader in artificial intelligence (AI) and cognitive computing.

China’s AI investments have skyrocketed in recent years, with the goal of exceeding US$ 145.00 billion by 2030. As of June 2017, China had applied for almost 16,000 AI patents, ranking second across the world. With a rapidly growing acceptance of cognitive computing, the market here is expected to witness a higher growth rate compared to its counterparts.

Key players in the global cognitive computing market include Google LLC, International Business Machines (IBM) Corporation, Microsoft Corporation, Palantir Technologies, Saffron Technology, Inc., CognitiveScale, Inc., Enterra Solutions, LLC, Numenta, Vicarious, Ayasdi, Inc., and others.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The cognitive computing market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global cognitive computing market based on technology type, deployment, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

• What was the market size of cognitive computing in 2017, and what is the forecast up to 2026?
• Which is the largest regional market for cognitive computing?
• What are the key market trends observed in the cognitive computing market and the outlook for the analytics sector?
• Which are the most promising technology types, deployment types, and applications in the cognitive computing market?
• Who are the key players leading the market?
• What are the key strategies adopted by the leading players in the market?
• What are the key application industry trends across different geographies and sub-geographies?

1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-Up Approach
1.3.6. Phase III – Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Global CC Market Snapshot, 2017 & 2026
2.2. Global CC Market, by Technology Type, 2017 (US$ Bn)
2.3. Global CC Market, by Deployment Type, 2017 (US$ Bn)
2.4. Global CC Market, by Application, 2017 (US$ Bn)
2.5. Global CC Market, by Geography, 2017 (US$ Bn)

3. Market Dynamics
3.1. Overview
3.1.1. Global CC Market Value, 2016 – 2026 (US$ Bn)
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraint
3.4. Attractive Investment Proposition, by Geography, 2017
3.5. Market Positioning of Key Alternative Data Providers, 2017
3.5.1. Major Strategies Adopted by Leading Companies

4. Global Cognitive Computing (CC) Market, by Technology Type, 2016 – 2026 (US$ Bn)
4.1. Overview
4.2. Computer Vision
4.3. Machine Learning
4.4. Natural Language Processing (NLP)
4.5. Planning & Scheduling
4.6. Robotics
4.7. Speech Recognition
4.8. Others

5. Global Cognitive Computing (CC) Market, by Deployment Type, 2016 – 2026 (US$ Bn)
5.1. Overview
5.2. On-premises Deployment
5.3. Cloud Deployment

6. Global Cognitive Computing (CC) Market, by Application, 2016 – 2026 (US$ Bn)
6.1. Overview
6.2. IT & Telecommunications
6.3. Retail
6.4. Healthcare
6.5. Banking, Financial Services & Insurance (BFSI)
6.6. Security & Surveillance
6.7. Aerospace & Defense
6.8. Media & Entertainment
6.9. Others

7. North America Cognitive Computing (CC) Market Analysis, 2016 – 2026 (US$ Bn)
7.1. Overview
7.2. North America CC Market Value, 2016 – 2026 (US$ Bn)
7.3. North America CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
7.4. North America CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
7.5. North America CC Market, by Application, 2016 – 2026 (US$ Bn)
7.6. North America CC Market, by Country/Region, 2016 – 2026 (US$ Bn)
7.6.1. U.S.
7.6.1.1. U.S. CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
7.6.1.2. U.S. CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
7.6.1.3. U.S. CC Market, by Application, 2016 – 2026 (US$ Bn)
7.6.2. Rest of North America
7.6.2.1. Rest of North America CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
7.6.2.2. Rest of North America CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
7.6.2.3. Rest of North America CC Market, by Application, 2016 – 2026 (US$ Bn)

8. Europe Cognitive Computing (CC) Market Analysis, 2016 – 2026 (US$ Bn)
8.1. Overview
8.2. Europe CC Market Value, 2016 – 2026 (US$ Bn)
8.3. Europe CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
8.4. Europe CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
8.5. Europe CC Market, by Application, 2016 – 2026 (US$ Bn)
8.6. Europe CC Market, by Country/Region, 2016 – 2026 (US$ Bn)
8.6.1. U.K.
8.6.1.1. U.K. CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
8.6.1.2. U.K. CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
8.6.1.3. U.K. CC Market, by Application, 2016 – 2026 (US$ Bn)
8.6.2. Germany
8.6.2.1. Germany CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
8.6.2.2. Germany CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
8.6.2.3. Germany CC Market, by Application, 2016 – 2026 (US$ Bn)
8.6.3. France
8.6.3.1. France CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
8.6.3.2. France CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
8.6.3.3. France CC Market, by Application, 2016 – 2026 (US$ Bn)
8.6.4. Rest of Europe
8.6.4.1. Rest of Europe CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
8.6.4.2. Rest of Europe CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
8.6.4.3. Rest of Europe CC Market, by Application, 2016 – 2026 (US$ Bn)

9. Asia Pacific Cognitive Computing (CC) Market Analysis, 2016 – 2026 (US$ Bn)
9.1. Overview
9.2. Asia Pacific CC Market Value, 2016 – 2026 (US$ Bn)
9.3. Asia Pacific CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
9.4. Asia Pacific CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
9.5. Asia Pacific CC Market, by Application, 2016 – 2026 (US$ Bn)
9.6. Asia Pacific CC Market, by Country/Region, 2016 – 2026 (US$ Bn)
9.6.1. China
9.6.1.1. China CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
9.6.1.2. China CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
9.6.1.3. China CC Market, by Application, 2016 – 2026 (US$ Bn)
9.6.2. Japan
9.6.2.1. Japan CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
9.6.2.2. Japan CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
9.6.2.3. Japan CC Market, by Application, 2016 – 2026 (US$ Bn)
9.6.3. India
9.6.3.1. India CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
9.6.3.2. India CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
9.6.3.3. India CC Market, by Application, 2016 – 2026 (US$ Bn)
9.6.4. Rest of Asia Pacific
9.6.4.1. Rest of Asia Pacific CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
9.6.4.2. Rest of Asia Pacific CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
9.6.4.3. Rest of Asia Pacific CC Market, by Application, 2016 – 2026 (US$ Bn)

10. Rest of the World Cognitive Computing (CC) Market Analysis, 2016 – 2026 (US$ Bn)
10.1. Overview
10.2. RoW CC Market Value, 2016 – 2026 (US$ Bn)
10.3. RoW CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
10.4. RoW CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
10.5. RoW CC Market, by Application, 2016 – 2026 (US$ Bn)
10.6. RoW CC Market, by Country/Region, 2016 – 2026 (US$ Bn)
10.6.1. Middle East & Africa
10.6.1.1. Middle East & Africa CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
10.6.1.2. Middle East & Africa CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
10.6.1.3. Middle East & Africa CC Market, by Application, 2016 – 2026 (US$ Bn)
10.6.2. Latin America
10.6.2.1. Latin America CC Market, by Technology Type, 2016 – 2026 (US$ Bn)
10.6.2.2. Latin America CC Market, by Deployment Type, 2016 – 2026 (US$ Bn)
10.6.2.3. Latin America CC Market, by Application, 2016 – 2026 (US$ Bn)

11. Company Profiles
11.1. Google LLC
11.2. International Business Machines (IBM) Corporation
11.3. Microsoft Corporation
11.4. Palantir Technologies
11.5. Saffron Technology, Inc.
11.6. CognitiveScale, Inc.
11.7. Enterra Solutions, LLC
11.8. Numenta
11.9. Vicarious
11.10. Ayasdi, Inc.

List of Figures

FIG. 1 Market Segmentation: Global Cognitive Computing (CC) Market
FIG. 2 Research Methodology: Global CC Market
FIG. 3 Global CC Market, by Technology Type, 2017 (US$ Bn)
FIG. 4 Global CC Market, by Deployment Type, 2017 (US$ Bn)
FIG. 5 Global CC Market, by Application, 2017 (US$ Bn)
FIG. 6 Global CC Market , by Geography, 2017 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2017
FIG. 8 Global Market Positioning of Key Alternative Data Manufacturers, 2017
FIG. 9 Global CC Market Value Share, by Technology Type, 2017 & 2026 (Value, %)
FIG. 10 Global CC Market for Computer Vision, 2016-2026 (US$ Bn)
FIG. 11 Global CC Market for Machine Learning, 2016-2026 (US$ Bn)
FIG. 12 Global CC Market for Natural Language Processing (NLP), 2016-2026 (US$ Bn)
FIG. 13 Global CC Market for Planning & Scheduling, 2016-2026 (US$ Bn)
FIG. 14 Global CC Market for Robotics, 2016-2026 (US$ Bn)
FIG. 15 Global CC Market for Speech Recognition, 2016-2026 (US$ Bn)
FIG. 16 Global CC Market for Others, 2016-2026 (US$ Bn)
FIG. 17 Global CC Market Value Share, by Deployment Type, 2017 & 2026 (Value, %)
FIG. 18 Global CC Market for On-premises Deployment, 2016-2026 (US$ Bn)
FIG. 19 Global CC Market for Cloud Deployment, 2016-2026 (US$ Bn)
FIG. 20 Global CC Market Value Share, by Application Type, 2017 & 2026 (Value, %)
FIG. 21 Global CC Market Through IT & Telecommunications, 2016-2026 (US$ Bn)
FIG. 22 Global CC Market Through Retail, 2016-2026 (US$ Bn)
FIG. 23 Global CC Market Through Healthcare, 2016-2026 (US$ Bn)
FIG. 24 Global CC Market Through BFSI, 2016-2026 (US$ Bn)
FIG. 25 Global CC Market Through Security & Surveillance, 2016-2026 (US$ Bn)
FIG. 26 Global CC Market Through Aerospace & Defense, 2016-2026 (US$ Bn)
FIG. 27 Global CC Market Through Media & Entertainment, 2016-2026 (US$ Bn)
FIG. 28 Global CC Market Through Others, 2016-2026 (US$ Bn)
FIG. 29 North America CC Market Value, 2016-2026 (US$ Bn)
FIG. 30 U.S. CC Market Value, 2016-2026 (US$ Bn)
FIG. 31 Rest of North America CC Market Value, 2016-2026 (US$ Bn)
FIG. 32 Europe CC Market Value, 2016-2026 (US$ Bn)
FIG. 33 U.K. CC Market Value, 2016-2026 (US$ Bn)
FIG. 34 Germany CC Market Value, 2016-2026 (US$ Bn)
FIG. 35 France CC Market Value, 2016-2026 (US$ Bn)
FIG. 36 Rest of Europe CC Market Value, 2016-2026 (US$ Bn)
FIG. 37 Asia Pacific CC Market Value, 2016-2026 (US$ Bn)
FIG. 38 China CC Market Value, 2016-2026 (US$ Bn)
FIG. 39 Japan CC Market Value, 2016-2026 (US$ Bn)
FIG. 40 India CC Market Value, 2016-2026 (US$ Bn)
FIG. 41 Rest of Asia Pacific CC Market Value, 2016-2026 (US$ Bn)
FIG. 42 Rest of the World CC Market Value, 2016-2026 (US$ Bn)
FIG. 43 Middle East & Africa (MEA) CC Market Value, 2016-2026 (US$ Bn)
FIG. 44 Latin America CC Market Value, 2016-2026 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Cognitive Computing (CC) Market Value
TABLE 2 Global CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 3 Global CC Market: by Deployment Type, 2016-2026 (US$ Bn)
TABLE 4 Global CC Market: by Application, 2016-2026 (US$ Bn)
TABLE 5 Global CC Market , by Geography, 2016-2026 (US$ Bn)
TABLE 6 North America CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 7 North America CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 8 North America CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 9 North America CC Market, by Country/Region, 2016-2026 (US$ Bn)
TABLE 10 U.S. CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 11 U.S. CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 12 U.S. CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 13 Rest of North America CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 14 Rest of North America CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 15 Rest of North America CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 16 Europe CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 17 Europe CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 18 Europe CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 19 Europe CC Market, by Country/Region, 2016-2026 (US$ Bn)
TABLE 20 U.K. CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 21 U.K. CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 22 U.K. CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 23 Germany CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 24 Germany CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 25 Germany CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 26 France CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 27 France CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 28 France CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 29 Rest of Europe CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 30 Rest of Europe CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 31 Rest of Europe CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 32 Asia Pacific CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 33 Asia Pacific CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 34 Asia Pacific CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 35 Asia Pacific CC Market, by Country/Region, 2016-2026 (US$ Bn)
TABLE 36 Japan CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 37 Japan CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 38 Japan CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 39 China CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 40 China CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 41 China CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 42 India CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 43 India CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 44 India CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 45 Rest of Asia Pacific CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 46 Rest of Asia Pacific CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 47 Rest of Asia Pacific CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 48 RoW CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 49 RoW CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 50 RoW CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 51 RoW CC Market, by Country/Region, 2016-2026 (US$ Bn)
TABLE 52 Latin America CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 53 Latin America CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 54 Latin America CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 55 Middle East & Africa CC Market, by Technology Type, 2016-2026 (US$ Bn)
TABLE 56 Middle East & Africa CC Market, by Deployment Type, 2016-2026 (US$ Bn)
TABLE 57 Middle East & Africa CC Market, by Application, 2016-2026 (US$ Bn)
TABLE 58 Google LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 59 International Business Machines (IBM) Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 60 Microsoft Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 61 Palantir Technologies.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 62 Saffron Technology, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 63 CognitiveScale, Inc. : Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 64 Enterra Solutions, LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 65 Numenta: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 66 Vicarious : Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 67 Ayasdi, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)