Cognitive Computing Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The cognitive computing market size is expected to grow at a compound annual growth rate (CAGR) of 31% over the forecast period from 2021 to US$20.5 billion by 2028 to US$775 billion. Cognitive Computing is completely changing the way organizations use big data across industries, especially in industries such as healthcare, BFSI and customer service. This is a major revolution in the global information technology market and has very strong growth potential. Cognitive Computing enables machines to think, interpret and reason information like the human brain.

Company Profile

• Google
• IBM
• Microsoft
• Palantir
• Saffron Technology
• Cold Light
• Cognitive Scale
• Enterra Solutions

Market Segmentation

By Type, the market is primarily split into

• Natural Language Processing (NLP)
• Machine Learning
• Automated Reasoning
• Others Technologies

By Application, this report covers the following segments

• SMBs
• Large Enterprises

Scope of the Report

The research study analyzes the Cognitive Computing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Cognitive Computing Market Report

1. What was the Cognitive Computing Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Cognitive Computing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Cognitive Computing Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.