TMCnet News
Cognitive Analytics Market by Application, Component, Deployment Model, Organization Size, Industry And Region - Global Forecast to 2022LONDON, Nov. 8, 2017 /PRNewswire/ -- "Proliferation of data and the rise in adoption of cognitive computing are the major factors driving the growth of the cognitive analytics market." "North America is expected to have the largest market share, and the market in Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period." North America, followed by Europe, is expected to be the largest revenue generating region for the cognitive analytics vendors in the next 5 years. This is mainly due to the presence of various developed economies, such as Canada and the US, and because of the high focus on innovations through R&D and technology advancements across industries. APAC is expected to be the fastest growing region during the forecast period in the cognitive analytics market because of rapid economic developments, globalization, foreign direct investments, digitalization, and the increased adoption of high-end technologies across major APAC countries. In-depth interviews were conducted with the Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the cognitive analytics marketplace. - By Company – Tier 1 – 22%, Tier 2 – 30%, and Tier 3 – 48% - By Designation – C-Level – 30%, Director Level – 45%, and Others – 25% - By Region – North America – 48%, Europe – 30%, and APAC – 22% The cognitive analytics ecosystem comprises the following major vendors: 1. Amazon Web Services (US) 2. Cisco Systems (US) 3. Google (US) 4. HPE (US) 5. IBM (US) 6. Intel (US) 7. IPsoft (US) 8. Microsoft (US) 9. Narrative Science (US) 10. Nokia (Finland) 11. Nuance Communications (US) 12. Oracle (US) 13. Persado (US) 14. SAS Institute (US) 15. Sinequa (France) Research Coverage The cognitive analytics market revenue is primarily classified into revenues from tools and services. The revenue from tools is associated with standalone software offerings while the services' revenue is associated with managed services and professional services. The professional services comprise deployment and integration, support and maintenance, and consulting services. The market is also segmented by application, organization size, deployment model, industry, and region. Reasons to Buy the Report • To get a comprehensive overview of the global cognitive analytics market • To gain information about the top players in this market, their product portfolios, and the key strategies adopted by them • To gain insights about the major countries/regions in which the cognitive analytics market is flourishing in various industries Download the full report: https://www.reportbuyer.com/product/5184171 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers https://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com
View original content:http://www.prnewswire.com/news-releases/cognitive-analytics-market-by-application-component-deployment-model-organization-size-industry-and-region---global-forecast-to-2022-300552359.html SOURCE ReportBuyer |