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Global Cognitive Services Market by Service Type, Technology, Organization Size, Vertical - Forecast 2024-2030

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    Report

  • 184 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5887205
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The Cognitive Services Market size was estimated at USD 14.94 billion in 2023, USD 20.24 billion in 2024, and is expected to grow at a CAGR of 35.75% to reach USD 126.95 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cognitive Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cognitive Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cognitive Services Market, highlighting leading vendors and their innovative profiles. These include Adobe Inc., Amazon Web Services, Inc., Cisco Systems Inc., Enterra Solutions LLC, Expert System S.p.A., Google LLC by Alphabet Inc., HCL Technologies Limited, Hewlett Packard Enterprise Development LP, Infosys Limited, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Nokia Corporation, Nuance Communications Inc., Numenta Inc., Oracle Corporation, Salesforce Inc., SAP SE, SAS Institute Inc., Softweb Solutions Inc., TATA Consultancy Services Limited, ThoughtSpot Inc., TIBCO Software Inc., Verint Systems Inc., and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the Cognitive Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Service Type
    • Cloud & Web-Based Application Programming Interfaces (APIs)
    • Cognitive Risk Intelligence
    • Communication Monitoring
    • Consulting & Advisory
    • Data Integration & Cognitive Automation
    • Data Transformation
    • Knowledge Management
    • Training & Support
  • Technology
    • Machine Learning & Deep Learning
    • Natural Language Processing (NLP)
  • Organization Size
    • Large Enterprises
    • SMEs
  • Vertical
    • Banking, Financial Services, & Insurance (BFSI)
    • Education
    • Government
    • Healthcare
    • IT & Telecommunication
    • Manufacturing
    • Retail
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Cognitive Services Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cognitive Services Market?
  3. What are the technology trends and regulatory frameworks in the Cognitive Services Market?
  4. What is the market share of the leading vendors in the Cognitive Services Market?
  5. Which modes and strategic moves are suitable for entering the Cognitive Services Market?

Additional Product Information:

  • The purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
  • With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase
  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Cognitive Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing use of advanced analytics to provide personalized experience
5.1.1.2. Increasing adoption of natural language processing technologies
5.1.1.3. Proliferation of big data and IoT across businesses worldwide
5.1.2. Restraints
5.1.2.1. Interoperability and integration issues in cognitive services
5.1.3. Opportunities
5.1.3.1. Integration of cognitive services with virtual and augmented reality
5.1.3.2. Emerging use of cognitive services in healthcare sector
5.1.4. Challenges
5.1.4.1. Data breach and security concerns associated with the use of cognitive services
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Cognitive Services Market, by Service Type
6.1. Introduction
6.2. Cloud & Web-Based Application Programming Interfaces (APIs)
6.3. Cognitive Risk Intelligence
6.4. Communication Monitoring
6.5. Consulting & Advisory
6.6. Data Integration & Cognitive Automation
6.7. Data Transformation
6.8. Knowledge Management
6.9. Training & Support
7. Cognitive Services Market, by Technology
7.1. Introduction
7.2. Machine Learning & Deep Learning
7.3. Natural Language Processing (NLP)
8. Cognitive Services Market, by Organization Size
8.1. Introduction
8.2. Large Enterprises
8.3. SMEs
9. Cognitive Services Market, by Vertical
9.1. Introduction
9.2. Banking, Financial Services, & Insurance (BFSI)
9.3. Education
9.4. Government
9.5. Healthcare
9.6. IT & Telecommunication
9.7. Manufacturing
9.8. Retail
10. Americas Cognitive Services Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Cognitive Services Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Cognitive Services Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Adobe Inc.
14.1.2. Amazon Web Services, Inc.
14.1.3. Cisco Systems Inc.
14.1.4. Enterra Solutions LLC
14.1.5. Expert System S.p.A.
14.1.6. Google LLC by Alphabet Inc.
14.1.7. HCL Technologies Limited
14.1.8. Hewlett Packard Enterprise Development LP
14.1.9. Infosys Limited
14.1.10. Intel Corporation
14.1.11. International Business Machines Corporation
14.1.12. Microsoft Corporation
14.1.13. Nokia Corporation
14.1.14. Nuance Communications Inc.
14.1.15. Numenta Inc.
14.1.16. Oracle Corporation
14.1.17. Salesforce Inc.
14.1.18. SAP SE
14.1.19. SAS Institute Inc.
14.1.20. Softweb Solutions Inc.
14.1.21. TATA Consultancy Services Limited
14.1.22. ThoughtSpot Inc.
14.1.23. TIBCO Software Inc.
14.1.24. Verint Systems Inc.
14.1.25. Wipro Limited
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. COGNITIVE SERVICES MARKET RESEARCH PROCESS
FIGURE 2. COGNITIVE SERVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. COGNITIVE SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. COGNITIVE SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. COGNITIVE SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. COGNITIVE SERVICES MARKET DYNAMICS
FIGURE 7. COGNITIVE SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2030 (%)
FIGURE 8. COGNITIVE SERVICES MARKET SIZE, BY SERVICE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. COGNITIVE SERVICES MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. COGNITIVE SERVICES MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. COGNITIVE SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 12. COGNITIVE SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. COGNITIVE SERVICES MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 14. COGNITIVE SERVICES MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES COGNITIVE SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES COGNITIVE SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA COGNITIVE SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. COGNITIVE SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. COGNITIVE SERVICES MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Adobe Inc.
  • Amazon Web Services, Inc.
  • Cisco Systems Inc.
  • Enterra Solutions LLC
  • Expert System S.p.A.
  • Google LLC by Alphabet Inc.
  • HCL Technologies Limited
  • Hewlett Packard Enterprise Development LP
  • Infosys Limited
  • Intel Corporation
  • International Business Machines Corporation
  • Microsoft Corporation
  • Nokia Corporation
  • Nuance Communications Inc.
  • Numenta Inc.
  • Oracle Corporation
  • Salesforce Inc.
  • SAP SE
  • SAS Institute Inc.
  • Softweb Solutions Inc.
  • TATA Consultancy Services Limited
  • ThoughtSpot Inc.
  • TIBCO Software Inc.
  • Verint Systems Inc.
  • Wipro Limited

Methodology

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Table Information