According to the market research report released by Technavio, the global cognitive solution market is expected to accelerate at a CAGR of nearly 50% during the forecast period. The increasing demand for AI-powered smart solutions is one of the key factors triggering the growth of the market.
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According to the market research report released by Technavio, the global cognitive solution market is expected to accelerate at a CAGR of nearly 50% until 2022. (Graphic: Business Wire)
This research report titled ‘Global Cognitive Solution Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global cognitive solution market into the following geographies:
- Americas
- APAC
- EMEA
In 2017, the Americas accounted for nearly 53% of the global market and is projected to decline to 43% by 2022, exhibiting almost 10% decrease in market share.
Global cognitive solution market: Top emerging trend
The increased acceptance of high-end technologies is an emerging trend in the cognitive solution market space. A cognitive solution consumes data, learns from it, and offers intelligent insights to the user to make smart decisions. It effectively manages information and maximizes its usability and value. Superior decision-making stemming from the strategic analysis and management of organizational information is the primary objective of the deployment of cognitive solutions.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Cognitive Solution Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Amazon.com, Cisco, HPE, IBM, and Microsoft)
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181023006154/en/
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