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).
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.

Market Analysis and Insights: Global Cognitive Computing Market
The global Cognitive Computing market size is projected to reach US$ 30200 million by 2027, from US$ 7639.3 million in 2020, at a CAGR of 21.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cognitive Computing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cognitive Computing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cognitive Computing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cognitive Computing market.

Global Cognitive Computing Scope and Market Size
Cognitive Computing market is segmented by company, region (country), 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 Type and by Application in terms of revenue and forecast for the period 2016-2027.

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
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

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