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COGNITIVE SYSTEMS SPENDING MARKET ANALYSIS
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COGNITIVE SYSTEMS SPENDING MARKET ANALYSIS

Cognitive Systems Spending Market, By Device Type (Hardware, Software and Services), By Technology (Natural Language, Processing Machine Learning and Automated Reasoning), By Deployment (Public and On-premise), By Vertical (Banking, Education, Government, Healthcare, Insurance, Manufacturing, Securities and investment services, Telecommunications, Transportation, Other industries (Cross industries, Discrete manufacturing, Process manufacturing, retail)) and by Region (North America, Europe, Asia Pacific, RoW) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Market News

Key Developments

  1. Major companies in the market are focused on product launches, in order to expand the product portfolio. For instance, in April 2017, IBM Corporation introduced Anaconda Open Data Science Platform for its cognitive system.
  2. Key players are involved in mergers and acquisitions, in order to enhance the market presence. For instance, in May 2020, Accenture plc acquired Byte Prophecy to augment AI and digital analytics capabilities in the market.

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Press Release

Cognitive Systems Spending Market Is Expected to Exhibit a CAGR of 15.0% During the Forecast period (2020-2027)
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