In this rapidly changing world of
technology Amari Cooper
Hoodie , cognitive services platform market is projected to show major
growth prospects during the forecast period. Major factor driving the cognitive
services platform market is the increasing adoption of artificial intelligence
and growing data generation which needs real time analysis. Analyzing consumer
behaviors with cognitive analytics helps in tracking the behavior patterns of
consumers and can enable target advertising. This will eventually help in
driving the cognitive services platform market.
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The global cognitive services platform market, by
geography, has been segmented into North America, Europe, Asia Pacific and Rest
of the World. As compared to other regions, the cognitive services platform
market in North America is expected to witness significant growth and hold the
largest market share during the forecast period. U.S and Canada are anticipated
to drive the growth of cognitive services platform market. This is owing to the
presence of large number of established key players like IBM Corporation and
Microsoft Corporation and also upcoming companies in cognitive services platform
like CognitiveScale in that region. In addition to
this Michael Gallup
Hoodie , the region also has a well-established infrastructure which
allows higher penetration of devices and ultimately provides better
connectivity. This is expected to be a major factor for the growth of cognitive
services platform market. Growing adoption of artificial intelligence and
internet of things in corporate, retail and healthcare sector is another major
factor driving the growth of cognitive services platform market in the region.
Increasing adoption by small and medium businesses could be a major factor
driving the growth of cognitive services platform market in the region.
Cognitive Services Platform Market
Segmentation
The cognitive services platform market has been
segmented on the basis of service, end user and vertical. The end user segment
is further bifurcated into small and medium businesses and large enterprises.
Cognitive services platform is increasingly being adopted by many small and
large enterprises today owing to its efficiency in providing real time analysis
of massive and diversified data. Cognitive services platform helps in building
of cognitive applications which in turn helps these organizations in proper data
interpretation and in driving the return on investment factor.
The prominent players in the cognitive services platform
market are鈥娾€斺€奍BM Corporation (U.S.), Tata Consultancy Services Limited
(India), Infosys Limited (India), Wipro Limited
(India) Byron Jones
Shirt , Google, Inc. (U.S.), Microsoft Corporation (U.S.), General
Electric (U.S.), Attivio (U.S.), Enterra Solutions LLC
(U.S.) Maliek Collins
Shirt , Numenta (U.S.) and others.
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Top Players and Key Trends
SAP Jaylon Smith
Shirt , IBM, Oracle
by Reports24 · March 2, 2020
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