Product Code: MCP11140
Cognitive Services market worldwide is projected to grow by US$25.8 Billion, driven by a compounded growth of 40.1%. Cloud, one of the segments analyzed and sized in this study, displays the potential to grow at over 41.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$19.5 Billion by the year 2025, Cloud will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 44.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$704.3 Million to the region's size and clout in the next 5 to 6 years. Over US$1.2 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Cloud will reach a market size of US$1.3 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 38.2% over the next couple of years and add approximately US$4.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Amazon Web Services, Inc.
- Apple, Inc.
- Attivio, Inc.
- Baidu, Inc.
- BMC Software, Inc.
- Clarifai, Inc.
- CognitiveScale
- Expert System S.P.A.
- Folio3 Software Inc.
- Fusion Informatics Limited
- Google, Inc.
- IBM Corporation
- Inbenta Technologies, Inc.
- IPsoft Inc.
- Kairos AR, Inc.
- Megvii Technology Limited
- Microsoft Corporation
- Nokia Corporation
- Nuance Communications, Inc.
- Qualcomm Technologies, Inc.
- SAS AB
- Software AG
- Softweb Solutions, Inc.
- Squirro
- Tata Consultancy Services Limited
- Verbio Technologies S.L.
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Cognitive Services: A Prelude
- Massive Growth on the Cards for Cognitive Services Market
- Rapidly Evolving Role of Cognitive Computing in Global IT Ecosystem Sets the Tone for Wider Uptake of Cognitive Services
- A Look into High-Growth Business Applications of Cognitive Computing
- Global Competitor Market Shares
- Cognitive Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Massive Increase in Uptake of IoT Creates Fertile Environment for Cognitive Services Market
- A Look into IoT Spending Scenario
- Worldwide IoT Spending in US$ Billion for the Years 2018 through 2022
- Breakdown of Worldwide IoT Spending by End-Use Industry for the Year 2019
- Worldwide IoT Spending: End-Use Industries Ranked by CAGR (Value) for 2018-2022
- Cognitive Services Set to Make Gains in Enterprise IT Service Management
- Cognitive Services Fully Acknowledge Data Quality Requirements of Modern Enterprises
- eCommerce: High-Potential Growth Avenue for Cognitive Services
- Cognitive Services Come to Fore to Improve Healthcare IT Capabilities
- Cognitive Services Step-In to Dramatically Augment Supply Chain Management
- Cognitive Services Seek Role in Smart City Infrastructure
- Acknowledging the Potential, IT Leaders Jump into Cognitive Computing Bandwagon: A Review of Select Recently Unveiled Cognitive Tech Solutions
- Microsoft Expands Azure Cognitive Services Offering with Anomaly Detector and Custom Vision
- Box Skills from Box Now Supports the Microsoft Azure Cognitive Services
- NIIT Technologies Rolls Out Cognitive Service Desk Audit through Microsoft Azure Platform
- Nokia Unleashes Latest Version of Cognitive Analytics for Customer Insight Software
- IBM Expands IBM Watson Cognitive Computing Platform with Addition of "Pretrained" AI Tools
- Sisense Unveils Sisense Hunch Data Cognition Engine
- Infosys Rolls Out Infosys Nia AI Platform with Cognitive Automation Capabilities
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Cognitive Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 2: Cognitive Services Market Share Shift across Key Geographies Worldwide: 2019 VS 2025
- TABLE 3: Cloud (Deployment) World Market by Region/Country in US$ Million: 2018 to 2025
- TABLE 4: Cloud (Deployment) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025
- TABLE 5: On-Premises (Deployment) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025
- TABLE 6: On-Premises (Deployment) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025
- TABLE 7: Large Enterprises (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 8: Large Enterprises (End-Use) Market Share Breakdown by Region/Country: 2019 VS 2025
- TABLE 9: SMEs (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2018-2025
- TABLE 10: SMEs (End-Use) Share Breakdown Review by Region/Country: 2019 VS 2025
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Cognitive Services Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 11: Cognitive Services Market in US$ Million in the United States by Deployment: 2018-2025
- TABLE 12: United States Cognitive Services Market Share Breakdown by Deployment: 2019 VS 2025
- TABLE 13: United States Cognitive Services Latent Demand Forecasts in US$ Million by End-Use: 2018 to 2025
- TABLE 14: Cognitive Services Market Share Breakdown in the United States by End-Use: 2019 VS 2025
- CANADA
- TABLE 15: Cognitive Services Market Analysis in Canada in US$ Million by Deployment: 2018-2025
- TABLE 16: Canadian Cognitive Services Market Share Breakdown by Deployment: 2019 VS 2025
- TABLE 17: Canadian Cognitive Services Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025
- TABLE 18: Canadian Cognitive Services Market Share Analysis by End-Use: 2019 VS 2025
- JAPAN
- TABLE 19: Japanese Medium & Long-Term Outlook for Cognitive Services Market in US$ Million by Deployment: 2018-2025
- TABLE 20: Japanese Cognitive Services Market Percentage Share Distribution by Deployment: 2019 VS 2025
- TABLE 21: Japanese Demand Estimates and Forecasts for Cognitive Services in US$ Million by End-Use: 2018 to 2025
- TABLE 22: Cognitive Services Market Share Shift in Japan by End-Use: 2019 VS 2025
- CHINA
- TABLE 23: Cognitive Services Market Estimates and Forecasts in China in US$ Million by Deployment: 2018-2025
- TABLE 24: Cognitive Services Market in China: Percentage Share Analysis by Deployment for 2019 and 2025
- TABLE 25: Chinese Demand for Cognitive Services in US$ Million by End-Use: 2018 to 2025
- TABLE 26: Chinese Cognitive Services Market Share Breakdown by End-Use: 2019 VS 2025
- EUROPE
- Market Facts & Figures
- European Cognitive Services Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 27: European Cognitive Services Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 28: European Cognitive Services Market Share Shift by Region/Country: 2019 VS 2025
- TABLE 29: European Cognitive Services Market Assessment in US$ Million by Deployment: 2018-2025
- TABLE 30: Cognitive Services Market in Europe: Percentage Breakdown of Sales by Deployment for 2019 and 2025
- TABLE 31: European Cognitive Services Addressable Market Opportunity in US$ Million by End-Use: 2018-2025
- TABLE 32: European Cognitive Services Market Share Analysis by End-Use: 2019 VS 2025
- FRANCE
- TABLE 33: French Cognitive Services Market Estimates and Projections in US$ Million by Deployment: 2018-2025
- TABLE 34: French Cognitive Services Market Share Breakdown by Deployment: 2019 VS 2025
- TABLE 35: Cognitive Services Quantitative Demand Analysis in France in US$ Million by End-Use: 2018-2025
- TABLE 36: French Cognitive Services Market Share Analysis: A 7-Year Perspective by End-Use for 2019 and 2025
- GERMANY
- TABLE 37: German Cognitive Services Latent Demand Forecasts in US$ Million by Deployment: 2018-2025
- TABLE 38: German Cognitive Services Market Share Breakdown by Deployment: 2019 VS 2025
- TABLE 39: Cognitive Services Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2018-2025
- TABLE 40: Cognitive Services Market Share Distribution in Germany by End-Use: 2019 VS 2025
- ITALY
- TABLE 41: Cognitive Services Market Estimates and Forecasts in Italy in US$ Million by Deployment: 2018-2025
- TABLE 42: Cognitive Services Market in Italy: Percentage Share Analysis by Deployment for 2019 and 2025
- TABLE 43: Italian Demand for Cognitive Services in US$ Million by End-Use: 2018 to 2025
- TABLE 44: Italian Cognitive Services Market Share Breakdown by End-Use: 2019 VS 2025
- UNITED KINGDOM
- TABLE 45: United Kingdom Medium & Long-Term Outlook for Cognitive Services Market in US$ Million by Deployment: 2018-2025
- TABLE 46: United Kingdom Cognitive Services Market Percentage Share Distribution by Deployment: 2019 VS 2025
- TABLE 47: United Kingdom Demand Estimates and Forecasts for Cognitive Services in US$ Million by End-Use: 2018 to 2025
- TABLE 48: Cognitive Services Market Share Shift in the United Kingdom by End-Use: 2019 VS 2025
- REST OF EUROPE
- TABLE 49: Rest of Europe Cognitive Services Market Assessment in US$ Million by Deployment: 2018-2025
- TABLE 50: Cognitive Services Market in Rest of Europe: Percentage Breakdown of Sales by Deployment for 2019 and 2025
- TABLE 51: Rest of Europe Cognitive Services Addressable Market Opportunity in US$ Million by End-Use: 2018-2025
- TABLE 52: Rest of Europe Cognitive Services Market Share Analysis by End-Use: 2019 VS 2025
- ASIA-PACIFIC
- TABLE 53: Asia-Pacific Cognitive Services Market Estimates and Projections in US$ Million by Deployment: 2018-2025
- TABLE 54: Asia-Pacific Cognitive Services Market Share Breakdown by Deployment: 2019 VS 2025
- TABLE 55: Cognitive Services Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2018-2025
- TABLE 56: Asia-Pacific Cognitive Services Market Share Analysis: A 7-Year Perspective by End-Use for 2019 and 2025
- REST OF WORLD
- TABLE 57: Cognitive Services Market Analysis in Rest of World in US$ Million by Deployment: 2018-2025
- TABLE 58: Rest of World Cognitive Services Market Share Breakdown by Deployment: 2019 VS 2025
- TABLE 59: Rest of World Cognitive Services Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025
- TABLE 60: Rest of World Cognitive Services Market Share Analysis by End-Use: 2019 VS 2025
IV. COMPETITION
- AMAZON WEB SERVICES
- APPLE
- ATTIVIO
- BMC SOFTWARE
- BAIDU
- CLARIFAI, INC.
- COGNITIVESCALE
- EXPERT SYSTEM S.P.A.
- FOLIO3 SOFTWARE
- FUSION INFORMATICS LIMITED
- GOOGLE, INC.
- IBM CORPORATION
- IPSOFT
- INBENTA TECHNOLOGIES
- KAIROS AR
- MEGVII TECHNOLOGY LIMITED
- MICROSOFT CORPORATION
- NOKIA CORPORATION
- NUANCE COMMUNICATIONS
- QUALCOMM TECHNOLOGIES, INC.
- SAS AB
- SOFTWARE AG
- SOFTWEB SOLUTIONS
- SQUIRRO
- TATA CONSULTANCY SERVICES
- VERBIO TECHNOLOGIES S.L.
V. CURATED RESEARCH
