Cognitive Services - Global Market Outlook (2017-2026)
Cognitive Services - Global Market Outlook (2017-2026)
Published: June 2018 ID: SMRC17371

According to Stratistics MRC, the Global Cognitive Services Market is accounted for $2.15 billion in 2017 and is expected to reach $40.26 billion by 2026 growing at a CAGR of 38.5% during the forecast period. Factors such as growing use of cognitive services across different industries and increasing demand for intelligent APIs to build smarter applications are some key factors propelling the market growth. However, stringent external regulations across regions and lack of awareness across the industry are hampering the market growth.

Cognitive Services are a set of machine learning algorithms that has been developed to explain problems in the field of Artificial Intelligence (AI). Cognitive services offer an organized way to reach business objectives by dropping the efforts essential to work on recurring tasks. The growing data is becoming crucial and organizations are majorly focusing on the addition of cognitive capabilities with their applications to analyze their data. The objective of Cognitive Services is to democratize AI by packaging it into distinct components that are simple for developers to use in their own apps. Web and Universal Windows Platform developers can consume these algorithms through standard REST calls over the Internet to the Cognitive Services APIs.

By Deployment Mode, Cloud segment held considerable market share during predicted period. They are flexible and easily available for enterprises to installing the necessary software and are leveraged remotely by enterprises. Cognitive service providers are focusing on the expansion of robust cloud-based solutions for their users, as many organizations have started adopting the cloud model. Based on geography, Asia Pacific is expected to dominate the market during the forecast period. The enterprises in this region are using cognitive services to make insights from large volumes of data to enhance business processes and increase in investments for cognitive technologies across the region.

Some of the key players profiled in the cognitive services market include IBM, Apple, AWS, Baidu, Cognitivescale, Expert System, Folio3 Software, Fusion Informatics, Google, Inbenta, Ipsoft, Microsoft, Nokia, Nuance Communications, Qualcomm Technologies, SAS, Softweb Solutions, TCS and Verbio Technologies.

Applications Covered:
• Diagnosis and Treatment System
• Marketing Analysis
• Predictive Maintenance
• Quality Management Investigation and Recommendation
• Safety and Security Management
• Supply Chain Management
• Other Applications

Deployment Modes Covered:
• On-Premises
• Cloud

 Organisation Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises

Service Types Covered:
• Cloud and Web-Based Application Programming Interface
• Cognitive Risk Intelligence
• Communication Monitoring
• Consulting and Advisory
• Data Integration and Cognitive Automation
• Data Transformation
• Knowledge Management
• Training and Support
• Other Service Types

End User Covered:
• Manufacturing
• Government and Education
• Healthcare
• IT and Telecommunication
• Banking, Financial Services, and Insurance
• Retail
• Other End Users

Technologies Covered:
• Natural Language Processing
• Machine Learning and Deep Learning 

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary      
        
2 Preface      
 
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach     
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities      
 3.5 Threats      
 3.6 Application Analysis    
 3.7 End User Analysis     
 3.8 Technology Analysis    
 3.9 Emerging Markets     
 3.10 Futuristic Market Scenario    
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Cognitive Services Market, By Application   
 5.1 Introduction     
 5.2 Diagnosis and Treatment System    
 5.3 Marketing Analysis      
 5.4 Predictive Maintenance     
 5.5 Quality Management Investigation and Recommendation  
 5.6 Safety and Security Management    
 5.7 Supply Chain Management     
 5.8 Other Applications     
         
6 Global Cognitive Services Market, By Deployment Mode  
 6.1 Introduction     
 6.2 On-Premises     
 6.3 Cloud      
        
7 Global Cognitive Services Market, By Organisation Size  
 7.1 Introduction     
 7.2 Large Enterprises     
 7.3 Small and Medium-Sized Enterprises    
        
8 Global Cognitive Services Market, By Service Type   
 8.1 Introduction     
 8.2 Cloud and Web-Based Application Programming Interface  
 8.3 Cognitive Risk Intelligence     
 8.4 Communication Monitoring     
 8.5 Consulting and Advisory     
 8.6 Data Integration and Cognitive Automation   
 8.7 Data Transformation     
 8.8 Knowledge Management     
 8.9 Training and Support     
 8.10 Other Service Types     
        
9 Global Cognitive Services Market, By End User   
 9.1 Introduction     
 9.2 Manufacturing      
 9.3 Government and Education     
 9.4 Healthcare      
 9.5 IT and Telecommunication     
 9.6 Banking, Financial Services, and Insurance   
 9.7 Retail       
 9.8 Other End Users     
        
10 Global Cognitive Services Market, By Technology    
 10.1 Introduction     
 10.2 Natural Language Processing    
 10.3 Machine Learning and Deep Learning    
  10.3.1 Facial Recognition    
  10.3.2 Emotion Detection     
        
11 Global Cognitive Services Market, By Geography   
 11.1 Introduction     
 11.2 North America     
  11.2.1 US     
  11.2.2 Canada     
  11.2.3 Mexico     
 11.3 Europe      
  11.3.1 Germany     
  11.3.2 UK     
  11.3.3 Italy      
  11.3.4 France     
  11.3.5 Spain     
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan     
  11.4.2 China     
  11.4.3 India     
  11.4.4 Australia     
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil     
  11.5.3 Chile     
  11.5.4 Rest of South America   
 11.6 Middle East & Africa    
  11.6.1 Saudi Arabia    
  11.6.2 UAE     
  11.6.3 Qatar     
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa   
        
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 12.2 Acquisitions & Mergers    
 12.3 New Product Launch    
 12.4 Expansions     
 12.5 Other Key Strategies    
        
13 Company Profiling      
 13.1 IBM       
 13.2 Apple       
 13.3 AWS       
 13.4 Baidu       
 13.5 Cognitivescale      
 13.6 Expert System      
 13.7 Folio3 Software      
 13.8 Fusion Informatics       
 13.9 Google       
 13.10 Inbenta       
 13.11 Ipsoft       
 13.12 Microsoft      
 13.13 Nokia       
 13.14 Nuance Communications     
 13.15 Qualcomm Technologies     
 13.16 SAS       
 13.17 Softweb Solutions      
 13.18 TCS       
 13.19 Verbio Technologies     
     


List of Tables       
1 Global Cognitive Services Market Outlook, By Region (2016-2026) (US $MN) 
2 Global Cognitive Services Market Outlook, By Application (2016-2026) (US $MN) 
3 Global Cognitive Services Market Outlook, By Diagnosis and Treatment System  (2016-2026) (US $MN)
4 Global Cognitive Services Market Outlook, By Marketing Analysis  (2016-2026) (US $MN)
5 Global Cognitive Services Market Outlook, By Predictive Maintenance  (2016-2026) (US $MN)
6 Global Cognitive Services Market Outlook, By Quality Management Investigation and Recommendation  (2016-2026) (US $MN)
7 Global Cognitive Services Market Outlook, By Safety and Security Management (2016-2026) (US $MN)
8 Global Cognitive Services Market Outlook, By Supply Chain Management (2016-2026) (US $MN)
9 Global Cognitive Services Market Outlook, By Other Applications (2016-2026) (US $MN)
10 Global Cognitive Services Market Outlook, By Deployment Mode (2016-2026) (US $MN)
11 Global Cognitive Services Market Outlook, By On-Premises (2016-2026) (US $MN) 
12 Global Cognitive Services Market Outlook, By Cloud (2016-2026) (US $MN) 
13 Global Cognitive Services Market Outlook, By Organisation Size (2016-2026) (US $MN)
14 Global Cognitive Services Market Outlook, By Large Enterprises (2016-2026) (US $MN)
15 Global Cognitive Services Market Outlook, By Small and Medium-Sized Enterprises (2016-2026) (US $MN)
16 Global Cognitive Services Market Outlook, By Service Type (2016-2026) (US $MN) 
17 Global Cognitive Services Market Outlook, By Cloud and Web-Based Application Programming Interface  (2016-2026) (US $MN)
18 Global Cognitive Services Market Outlook, By Cognitive Risk Intelligence (2016-2026) (US $MN)
19 Global Cognitive Services Market Outlook, By Communication Monitoring (2016-2026) (US $MN)
20 Global Cognitive Services Market Outlook, By Consulting and Advisory (2016-2026) (US $MN)
21 Global Cognitive Services Market Outlook, By Data Integration and Cognitive Automation (2016-2026) (US $MN)
22 Global Cognitive Services Market Outlook, By Data Transformation (2016-2026) (US $MN)
23 Global Cognitive Services Market Outlook, By Knowledge Management (2016-2026) (US $MN)
24 Global Cognitive Services Market Outlook, By Training and Support (2016-2026) (US $MN)
25 Global Cognitive Services Market Outlook, By Other Service Types (2016-2026) (US $MN)
26 Global Cognitive Services Market Outlook, By End User (2016-2026) (US $MN) 
27 Global Cognitive Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
28 Global Cognitive Services Market Outlook, By Government and Education (2016-2026) (US $MN)
29 Global Cognitive Services Market Outlook, By Healthcare (2016-2026) (US $MN) 
30 Global Cognitive Services Market Outlook, By IT and Telecommunication (2016-2026) (US $MN)
31 Global Cognitive Services Market Outlook, By Banking, Financial Services, and Insurance (2016-2026) (US $MN)
32 Global Cognitive Services Market Outlook, By Retail (2016-2026) (US $MN) 
33 Global Cognitive Services Market Outlook, By Other End Users (2016-2026) (US $MN)
34 Global Cognitive Services Market Outlook, By Technology (2016-2026) (US $MN) 
35 Global Cognitive Services Market Outlook, By Natural Language Processing (2016-2026) (US $MN)
36 Global Cognitive Services Market Outlook, By Machine Learning and Deep Learning (2016-2026) (US $MN)
37 Global Cognitive Services Market Outlook, By Facial Recognition (2016-2026) (US $MN)
38 Global Cognitive Services Market Outlook, By Emotion Detection (2016-2026) (US $MN)

NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

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