Title: Cognitive Services Market Research And Global Strategic Business Forecast 2033
1Cognitive Services Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Cognitive Services Market Segments
The Business Research Company segments its
Cognitive Services market report as
Data Transformation, Cloud and Web-Based
Application Programming Interface, Knowledge
Management, Cognitive Risk Intelligence, Data
Integration and Cognitive Automation, Training
and Support, Communication Monitoring, Consulting
and Advisory, Other Service Types
By Service Type
By Deployment
On-Premises, Cloud
By Technology Type
Natural Language Processing, Machine Learning and
Deep Learning
By Application
Predictive Maintenance, Marketing Analysis,
Quality Management Investigation And
Recommendation, Supply Chain Management,
Diagnosis And Treatment System, Safety And
Security Management, Other Applications
By End-User
Healthcare, Banking, Financial Services, and
Insurance, IT and Telecommunication, Retail,
Manufacturing, Education, Government, Other End
Users
3Market Statistics
The cognitive services market size has grown
exponentially in recent years. It will grow
from 12.9 billion in 2023 to 17.55 billion in
2024 at a compound annual growth rate (CAGR) of
36.1. The cognitive services market size is
expected to see exponential growth in the next
few years. It will grow to 64.53 billion in 2028
at a compound annual growth rate (CAGR) of 38.5.
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4Key Market Drivers And Trends
Drivers
An increase in data volume and complexity is
expected to propel the growth of the cognitive
services market going forward.
Trends
Technological advancement is a key trend gaining
popularity in the cognitive services market.
Region
North America was the largest region in the
cognitive services market in 2023. The regions
covered in the cognitive services market report
are Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East,
Africa.
5Key Market Players
- Major players in the Cognitive Services market
are - Amazon.com Inc
- Apple Inc
- Alphabet Inc
- Samsung Group
- SK Inc
- And more.
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