Dublin, May 18, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/c9rt4v/cognitive) has announced the addition of the "Cognitive Computing Market by Technology, by Deployment Model & by Regions - Global Forecast to 2019" report to their offering.
The global cognitive computing market is expected to reach $12,550.2 Million in 2019 from $2,510.4 Million in 2014, at a CAGR of 38.0% during the forecast period.
The cognitive computing system works on the principle of neocortex, a part of human brain that helps humans in effective decision making on the basis of contextual and behavioral analysis. Now-a-days, computer system are already programmed and they are only eligible to do exactly what they are told but cognitive computing system works on completely different mechanism, they continuously learns from the patterns and past data without being programmed.
The overall market size of CCS is further distributed into end users, verticals and regions. The end users include small and medium businesses (SMBs) and enterprises.
The technologies include natural language processing (NLP), machine learning, and, automated reasoning; and the deployment model includes on-premises and cloud. In 2014, natural language processing (NLP) accounted for the largest market share followed by machine learning.
There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. A few global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rate of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.
The key players of this market are IBM, Microsoft, Google, Palantir, and Saffron Technology.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Cognitive Computing Market, By Technology
8 Global Cognitive Computing Market, By End User
9 Global Cognitive Computing Market, By Deployment Model
10 Global Cognitive Computing Market, By Verticals
11 Global Cognitive Computing Market, Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- Cognitive Scale
- Cold Light
- Enterra Solutions
- Google
- IBM
- Microsoft Corporation
- Numenta
- Palantir
- Saffron Technology
- Vicarious
For more information visit http://www.researchandmarkets.com/research/c9rt4v/cognitive
Cognitive Computing (Technology, by Deployment Model & by Regions) Market - Global Forecast to 2019
| Source: Research and Markets