MIR

Cognitive Computing Market: Natural language processing had 44% of total revenue in 2014

Press Release   •   Jan 03, 2017 01:52 EST

Summary:

The cognitive computing is an emerging technology which can be used for solving complex data and enhances the productivity of any corporation. The computers using cognitive applications communicate the users in human languages and helpful for decision making applications. There is high scope for the Cognitive Computing Market in various regions across the globe during 2014-2021.

Check Complete Report @ http://www.marketintelreports.com/report/allied0195/global-cognitive-computing-market-technology-application-end-user-deployment-type-and-geography--size-share-trends-company-profiles-demand-insights-analysis-opportunities-segmentation-and-forecast-2014--2020

Topics Covered in this report:

Scope and Regional Forecast of the Cognitive Computing Market:

In the Cognitive Computing Market, BFSI, healthcare, security, and retail applications are the major application sectors of this market during 2014-2021. The growing advancement in cloud services, hardware and software technologies is anticipated to further enhances its potential through 2021. The natural language processing technology had the maximum share of revenue in the Cognitive Computing Market and anticipated to dominate this market till 2021. The natural language processing and machine learning have generated 44% and 30% of the revenues respectively.

Security and retail applications are anticipated to have fast growth in the Cognitive Computing Market with a growth in CAGR of 35.8% for retails and 36.5% for security during 2015-2021.

The Cognitive Computing Market is a fast growing market with high demand for cognitive computing systems for analytics and other types of applications in various regions across the globe. This market is expected to have high growth owing to the growth in adoption of cognitive computation and cognitive data for analysis by different industrial sectors, increasing expenditure by cognitive computing companies such as IBM for cognitive analytics, cognitive intelligence and cognitive cloud services and huge scope for cognitive computing applications by companies in various regions across the globe during 2014-2021.

Segmentation and Key Players of the Cognitive Computing Market:

The Cognitive Computing Market is segmented into various categories by technology type, by application, by end user, by deployment type and by geography as follows:

By technology type: Natural Language Processing, Machine Learning, Automated Reasoning and others (Information Retrieval)

By application: Healthcare, BFSI, Retail, Government (Defense), IT & Telecom, Security and others (Travel & Tourism, Media and Entertainment, Energy & Power, Research & Education)

By end user: Large Enterprises, Small and medium businesses (SMBs)

By deployment type: On-Premise Software, Cloud-based Services

By geography: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa)

Avail more information from Sample Brochure of report @ http://www.marketintelreports.com/pdfdownload.php?id=allied0195

Some of the key players in the Cognitive Computing Market are as follows:

  • Hewlett Packard (HP)
  • IBM
  • Microsoft Corporation
  • Oracle Corporation
  • Tibco Software

There is high utilization of cognitive apps for various sectors such as BFSI, education and others in various regions across the globe during 2014-2021.

Order a copy of Global Cognitive Computing Market Forecast, 2014 - 2020 Research Report@ http://www.marketintelreports.com/purchase.php?id=allied0195

About us:

MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.

A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports.

MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.

MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.

Contact Us:
Sales Manager
Mayur.S
2711 Centerville Road, Suite 400,
Wilmington,
Delaware,
19808,
United States
http://www.marketintelreports.com
Email Id: pr@marketintelreports.com
Telephone: 1-302-261-5343