Press Release: Cognitive Computing Market: Exploring Applications and Market Potential 2024

The global cognitive computing market is expected to grow at 24% CAGR from 2020 to 2029. It is expected to reach above USD 175.80 billion by 2029 from USD 25.36 billion in 2020.

The global “Cognitive Computing Market Size” is expected to rise with an impressive CAGR and generate the highest revenue by 2030. Exactitude Consultancy in its Latest News, Updates & Trend analysis report published this information. The report is titled “Cognitive Computing Market: Exploring Applications and Market Potential”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. The report also sheds light on the prevailing challenges within the Cognitive Computing market. The major players in the Cognitive Computing market are evaluated based on their product and service offerings, financial statements, key developments, strategic approach to the market, position in the market, geographical penetration, and other key features.

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Competitive Analysis:

In this section, we assess the competitive landscape of the Cognitive Computing Market, focusing on key players.

Key Players:

Microsoft, Google, IBM, Numenta, SAS Institute AWS, Enterra Solutions, Cognitive Scale, Spark Cognition, TCS, Expert System Cisco Virtusa, and Cognitive Software Group

Market Segmentation:

In this section, we provide a breakdown of the Cognitive Computing Market into segments based on different criteria, including the type of analysis, industry verticals, and geographic regions.

Cognitive Computing Market By Component, 2020-2029, (USD Billion)



Managed Services

Professional Services

Cognitive Computing Market By Technology, 2020-2029, (USD Billion)

Machine Learning (Ml)

Human Computer Interaction

Computer Vision

Machine Vision


Natural Language Processing (NLP)

Deep Learning

Prescriptive and Predictive Modeling

Decision Making

Cognitive Computing Market By Application, 2020-2029, (USD Billion)


Intelligent Virtual Assistants

Behavioral Analysis



Cognitive Computing Market By Deployment Mode, 2020-2029, (USD Billion)




Cognitive Computing Market By Organization Size, 2020-2029, (USD Billion)

Large Enterprises

Small and Medium-Sized Enterprises (SMES)

Cognitive Computing Market By Business Functions, 2020-2029, (USD Billion)

Human Resources (HR)



Marketing and Advertising

Cognitive Computing Market By Industry Vertical, 2020-2029, (USD Billion)


Retail and E-Commerce

Telecommunication and IT

Healthcare and Life Sciences


Government and Defense

Media and Entertainment

Travel and Hospitality


Regional Analysis for Cognitive Computing Market:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of the Cognitive Computing Market in these regions, from 2024 to 2030 (forecast) covering:

Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia–Pacific (China, Japan, Korea, India, and Southeast).

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What Information does this report contain?

Historical data coverage: Growth Projections: 2024 to 2030.

Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-year performance forecasts: major segments covering applications, top products and geographies.

Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Cognitive Computing Market Size and Share Report 2024-2030 Table of Contents – Major Key Points

  • Introduction
  • Research Methodology
  • Market Dynamics
  • Impact Analysis
  • Value Chain Analysis
  • Porter’s 5 Forces Model
  • PEST Analysis
  • Cognitive Computing Market Segmentation, By Platform Type
  • Cognitive Computing Market Segmentation, By Ad Format
  • Cognitive Computing Market Segmentation, By Enterprise Size
  • Cognitive Computing Market Segmentation, By Industry Vertical
  • Regional Analysis
  • Company Profiles
  • Competitive Landscape
  • Conclusion

Reasons Why You Should Buy This Report:

  1. Comprehensive Market Insights:
  • Gain a deep understanding of the Cognitive Computing market with comprehensive insights into current market trends, dynamics, and key factors influencing growth.
  1. Strategic Decision-Making:
  • Formulate informed business strategies based on detailed analysis and market intelligence provided in the report.
  • Identify opportunities and threats to make strategic decisions that align with market trends.
  1. Competitive Landscape Understanding:
  • Access a detailed assessment of the competitive landscape, including profiles of key players, their market share, and strategic initiatives.
  • Stay ahead of the competition by understanding the strengths and weaknesses of major market participants.
  1. Market Forecast and Future Trends:
  • Anticipate future market trends, opportunities, and challenges to position your business for long-term success.
  • Make proactive decisions based on insights into emerging technologies and changing consumer preferences.

Get Your Report Customized:

– Customization 20%.

– Five Countries can be added as per your choice.

– Five Companies can add as per your choice.

– Free customization for up to 40 hours.

– After-sales support for 1 year from the date of delivery.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe OR Southeast Asia.

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