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(EMAILWIRE.COM, September 08, 2018 ) The Global Cognitive Analytics market is expected to grow from $1.95 billion in 2017 to reach $40.25 billion by 2027 with a CAGR of 39.9%. Big data analytics and rising volume of complex data are some of the key factors influencing the market growth. However, factors such as lack of awareness and complex analytical process are hampering the market. Rising adoption of cloud technology provide ample opportunities for the market growth.
Some of the key players of the Cognitive Analytics market include:
Adobe Systems Incorporated, Brandwatch, Clarabridge, Inc., Crimson Hexagon, Inc., Gooddata Corporation, International Business Machines Corporation, Netbase Solutions, Inc., Oracle Corporation, Salesforce, SAS Institute Inc., Simply Measured, Inc., Sysomos, Talkwalker Inc., Unmetric Inc. (US) and Digimind (US).
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Cognitive analytics allows business users to apply human-like intelligence to various tasks, such as identifying context from the text, audio and image. It utilizes varied advanced technologies including artificial intelligence (AI), machine learning, and Natural Language Processing (NLP). Cognitive analytics can be used to amplify knowledge sharing, providing fast access to highly relevant answers and insights on demand.
The fraud and risk management helps companies evaluate and simplify often ambiguous and uncertain data, and find the known & unknown risk indicators. By combining the data processing ability with learning capabilities, cognitive systems can detect deep hidden anomalies and patterns, which are almost impossible to detect with the traditional approaches. North America is expected to have the largest market share during the forecast period due to the technological advancements and the early adoption of analytical solutions in this region.
Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 20122023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.
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Technologies Covered:
Machine Learning
Information Retrieval
Automated Reasoning
Natural Language Processing
Other Technologies
Organization Sizes Covered:
Large Enterprises
Small and Medium-Sized Enterprises
Components Covered:
Services
Tools
Applications Covered:
Supply Chain Management
Customer Analysis and Personalization
Sales and Marketing Management
Fraud and Risk Management
Asset Maintenance
Other Applications
Deployment Models Covered:
On-Demand
On-Premises
End Users Covered:
Media and Entertainment
Energy and Utilities
Retail and Consumer Goods
Banking, Financial Services, and Insurance
Healthcare and Life Sciences
Manufacturing
Government and Defense
Transportation and Logistics
Telecommunications and IT
Other End users
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Cognitive Analytics Market, By Technology
6 Global Cognitive Analytics Market, By Organization Size
7 Global Cognitive Analytics Market, By Component
8 Global Cognitive Analytics Market, By Application
9 Global Cognitive Analytics Market, By Deployment Model
10 Global Cognitive Analytics Market, By End User
11 Global Cognitive Analytics Market, By Geography
12 Key Developments
13 Company Profiling
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Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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Source: EmailWire.Com
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