Global and United States Cognitive Computing Market Report & Forecast 2022-2028

Cognitive Computing is completely changing the way organization use their big data in each verticals, especially in industries like Healthcare, BFSI and Customer services. This is big revolution in global information technology market and holds very strong potential of growth. The Cognitive Computing enables a machine to think, interpret and infer information like a human brain. The biggest advancement in this market is IBM’s Watson Cognitive Computing. There are few players in the market that have developed the technique of integrating cognitive computing with internet of things (IoT).
Market Analysis and Insights: Global and United States Cognitive Computing Market
This report focuses on global and United States Cognitive Computing market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Cognitive Computing market size is estimated to be worth US$ 9367.5 million in 2022 and is forecast to a readjusted size of US$ 30200 million by 2028 with a CAGR of 21.5% during the review period. Fully considering the economic change by this health crisis, by Type, Natural Language Processing (NLP) accounting for % of the Cognitive Computing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, SMBs was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The cognitive computing basically works on the principle of neocortex, a part of human brain that plays a big role in the decision making by analyzing the behaviors of a human being and makes decision on the basis of time series analysis. The computer systems that we are using today are consulting us the way we already programed them but cognitive computing systems are completely different, they works on the machine learning algorithms and natural language processing. This unique feature of cognitive computing is enabling business organizations to use immense amount of dark data available with them.
Global Cognitive Computing Scope and Market Size
Cognitive Computing market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Cognitive Computing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Cognitive Computing market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
Natural Language Processing (NLP)
Machine Learning
Automated Reasoning
Others Technologies

Segment by Application
SMBs
Large Enterprises

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Google
IBM
Microsoft
Palantir
Saffron Technology
Cold Light
Cognitive Scale
Enterra Solutions
Numenta
Vicarious