Global Cognitive Systems: Share, Size, Industry Trends And Forecast Report 2017-2022

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 Global Cognitive Systems Market Driven by
Growing Usage of Artificial Intelligence
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Report Description
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Report Description and Highlights
Report Description
 Global Cognitive Systems Market Driven by
Growing Usage of Artificial Intelligence The
global cognitive systems market has been
witnessing a steady growth over the past few
years. This can be attributed to the development
of notable innovations in the field of natural
language processing. The latest report by IMARC
Group, titled Cognitive Systems Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022, finds that the global
cognitive systems market reached a value of more
than US 4 Million in 2016. Cognitive systems
refer to programs which imitate the functioning
of a human brain. They enhance deeper human
engagement and personalization, and enhanced
expertise and knowledge-processing. These systems
consist of four departments linguistics,
philosophy, computer science and psychology. They
perform cognitive tasks of knowing,
understanding, planning and problem solving,
analyzing, and processing and evaluating
unstructured data. Owing to this, these systems
can be used to provide expert assistance to
lawyers, scientists, engineers and other
professionals in a fraction of the time. Request
Sample of the Report http//www.imarcgroup.com/re
quest?typereportid860flagB
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Report Description and Highlights
Report Description

• Highlights of the global cognitive systems
  market
• Extracting valuable information from both
  structured as well as unstructured data is
  expected to be the major demand driver.
• On the basis of product type, software accounts
  for the largest share of the total market.
• North America represents the leading market,
  holding the majority of the global share.
• The usage of artificial intelligence, due to a
  rise in diverse and highly complicated data sets,
  vast developments in the field of machine
  learning and significant advancements in data
  processing technologies, have emerged as one of
  the key driving forces of the global cognitive
  systems market. Additionally, predictive
  analytics provide customized programs for
  customers according to their demand, and help in
  improving the cost-effectiveness of the
  production process, thereby fuelling the growth
  of the cognitive systems market. Further,
  cognitive systems help in speeding up the
  operations in banking and financial institutes so
  as to meet the increasing demand of the
  consumers. Moreover, the adoption of cognitive
  systems in the healthcare sector enables the
  collection of real-time data and information
  which facilitate enhanced patient care, advanced
  discoveries, and better decision making by the
  healthcare providers. Owing to these factors, the
  global cognitive systems market is further
  expected to reach a value of around US 12
  Million, exhibiting a CAGR of more than 18
  during 2017-2022.
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• Read full report _at_ http//www.imarcgroup.com/cogni
  tive-systems-market

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Report Description and Highlights
Report Description

• On the basis of product type, the market has been
  segmented into software, services and hardware.
  Currently, software is the most popular product
  type, holding the largest market share. Based on
  end-use, the banking sector accounts for the
  majority of the total global share. It is
  followed by the retail and healthcare sectors.
  Region-wise, North America dominates the market,
  accounting for the largest share. Other major
  regions include Europe, Asia-Pacific, Middle East
  and Africa, and Latin America. On evaluating the
  competitive landscape of the market, it is found
  that the key players include IBM, Infosys, HP
  Inc., Microsoft Corporation and SAP SE.
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• The report by IMARC Group has examined the global
  cognitive systems market on the basis of
• Product Type
• Software
• Services
• Hardware
•  
• End Use
• Banking Sector
• Retail Sector
• Healthcare Sector
•  

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Report Description and Highlights

• Others
•  
• Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
•  
• Major Key Players
• IBM
• Infosys
• HP Inc.
• Microsoft Corporation
• SAP SE
• .

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Report Description and Highlights
Report Description

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