The Global Deep Learning Cognitive Computing Market is expected to grow at a compound annual growth rate of 29.70% in the forecast period of 2021 to 2028 and is likely to reach a value of USD 91,573.79 million by 2028. The rapid evolution in the computing environment such as cloud, mobile and analytics is a significant factor driving the market growth rate.
Likewise, the increase in the use of deep learning technology in artificial intelligence recommendation engine solutions and the rise in the usage of cognitive abilities to lessen excess operational costs will produce lucrative opportunities for the growth of the deep learning cognitive computing market.
Deep Learning Cognitive Computing Market Scenario
According to Data Bridge Market Research the market for deep learning cognitive computing is expected to gain growth because of the rise in the demand for intelligent business processes. Also the rapid technological advancements and the rise in customer engagement through social media platforms are also expected to fuel the demand of the deep learning cognitive computing market over the forecast period of 2021 to 2028. Whereas, the inability to recognize customer intent and respond proficiently are expected to hinder the growth of the deep learning cognitive computing market in the aforementioned forecast period.
Now the question is which are the other regions that deep learning cognitive computing market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to the rise in the investments by the technology companies and high adoption of advanced artificial intelligence and machine learning technologies.
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Deep Learning Cognitive Computing Market Scope
Deep learning cognitive computing market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
- All country based analysis of deep learning cognitive computing market is further analyzed based on maximum granularity into further segmentation. The component segment of the deep learning cognitive computing market is segmented into platform and services. On the basis of business function, the deep learning cognitive computing market is segmented into human resource, operations, finance, marketing and sales and others. Others have further been segmented into research and development and legal. Based on deployment mode, the deep learning cognitive computing market is segmented into on-premises, cloud and hybrid. On the basis of organization size, the deep learning cognitive computing market is segmented into small and medium-sized enterprises and large enterprises. Based on application, the deep learning cognitive computing market is segmented into automation, intelligent virtual assistants and chatbots, behavioral analysis, biometrics and others. Deep learning cognitive computing market is also segmented on the basis of end user into banking, financial services, and insurance, retail and e-commerce, travel and hospitality, government, it and telecommunications, healthcare and life sciences, manufacturing, media and entertainment and others.
- Cognitive computing is usually the use of programmed models to emulate the human thought procedure in difficult situations where the answers may be indistinct and uncertain. It is a platform, based on the scientific disciplines of artificial intelligence and signal processing.
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Key Pointers Covered in the Deep Learning Cognitive Computing Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Microsoft
- IBM
- SAS Institute Inc
- Amazon Web Services, Inc
- CognitiveScale,
- Numenta,
- Enterra Solutions,
- Expert System S.p.A
- Google LLC
- Virtusa corp,
- Cisco Systems, Inc
- Tata Consultancy Services Limited
- Acuiti Group
- Infosys Limited
- BurstIQ
- Red Skios
- e-Zest Solutions
- Vantage Labs
- Cognitive Software Group
- SparkCognition
Above are the key players covered in the report, to know about more and exhaustive list of deep learning cognitive computing companies’ contact us https://www.databridgemarketresearch.com/zh/toc/?dbmr=global-deep-learning-cognitive-computing-market
Research Methodology of Global Deep Learning Cognitive Computing Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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