marketreportsupdates (39)

1
Cognitive Computing Market To Reach USD 475.24
Billion By 2026
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2
Market Size USD 36.45 Billion in 2018, Market
Growth - CAGR of 37.7, Market Trends Increase
in demand for cognitive computing in healthcare
end-use verticals.
Market Summary
The global cognitive computing market is forecast
to reach USD 475.24 Billion by 2026, according to
a new report by Reports and Data. The cognitive
computing technology derives the answers and
works like the human brains. Literally, the
computerized models adapt algorithms that
self-learn and utilize machine learning models to
mimic the way the human brain works. The models
formed by cognitive computing, provide a
real-life roadmap for artificial intelligence and
machine learning and eventually facilitate the
automated systems, which would work without human
assistance.

• Further key findings from the report suggest
• Having access to databases for the past treatment
  procedures and records of all the requisite
  activities regarding the diseases the cognitive
  computing can allow forming meaningful insights
  for physicians. The smart band or other
  heath-tracker manufacturers incorporate this
  technology in their RD to improve their products
  for their customers. The segment is expected to
  reach a market share of 27.9 by 2026, having
  grown with a CAGR of 39.2 during the forecast
  period.
• Smart virtual assistance and interactive voice
  response require cognitive computing for
  real-time, meaningful customer support services.

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Market Summary
Key Players
Key participants include Microsoft, IBM, Google,
Saffron Technology, Enterra Solutions, Numenta,
HP, Oracle Corporation, CognitiveScale, Inc., and
Vicarious.
Segmentation
End-Users Outlook (Revenue USD Billion
2016-2026) Large Enterprises SMEs Technology
Outlook (Revenue USD Billion 2016-2026) Machine
Learning (ML) Natural Language Processing
(NLP) Neural Networks Deep Learning Reasoning
Analysis Others
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Market Summary

• Regional Outlook for Assessment Services Market
  analyses the following geographies
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and
  Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt,
  Nigeria, and South Africa)

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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
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