NJ New Jersey, USA -- (SBWIRE) -- 09/29/2023 -- Advance Market Analytics added research publication document on Worldwide Artificial Intelligence and Cognitive Computing Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Artificial Intelligence and Cognitive Computing market. Some are the key & emerging players that are part of coverage and have being profiled are Microsoft (United States), Teradata (United States), IBM (United States), SAS (United States), Google (United States), AWS (United States), CognitiveScale (United States), SparkCognition (United States), TCS (India), Expert System (United States),.

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AI is the simulation of human intelligence processes by machines. These processes include learning from constantly changing data, reasoning to make sense of data and self-correction mechanisms to make decisions. Whereas, Cognitive Computing is the individual technologies which perform specific tasks that facilitate human intelligence. In In the real world, applications for Cognitive Computing is often different than applications for AI. Cognitive Computing is important in analysis intensive industries and AI is important in service-oriented industries.

On January 2019, Capgemini launched Perform AI which is a new portfolio of solutions and services to assist organisations in achieving and sustaining tangible business outcomes by building and operating enterprise-grade artificial intelligence (AI) at scale.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Artificial Intelligence and Cognitive Computing Market various segments and emerging territory.

Influencing Market Trend
- Rising Demand of Better Customer Experience

Market Drivers
- Increase in Big Data Analytics
- Development of Machine to Machine Technologies

Opportunities:
- Rise in Transaction Information and Customer Data
- Increasing Need for High Speed Computing Services

Challenges:
- Lack of Awareness Associated with Cognitive Computing

Analysis by Application (Automation, Intelligent Virtual Assistants, Behavioral Analysis, Biometrics, Others), Technology (Machine Learning (ML), Human Computer Interaction, Natural Language Processing (NLP), Deep Learning), Industry Vertical (BFSI, Retail and eCommerce, Telecommunication and IT, Healthcare and Life Sciences, Manufacturing, Government and Defense, Media and Entertainment, Travel and Hospitality, Others), Component (Platform, Service), Organisation size (SMEs, Large enterprises)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
- % Market Share, Segment Revenue, Swot Analysis for each profiled company [Microsoft (United States), Teradata (United States), IBM (United States), SAS (United States), Google (United States), AWS (United States), CognitiveScale (United States), SparkCognition (United States), TCS (India), Expert System (United States),]
- Business overview and Product/Service classification
- Product/Service Matrix [Players by Product/Service comparative analysis]
- Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
- Consumption, Capacity & Production by Players

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The regional analysis of Global Artificial Intelligence and Cognitive Computing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.

On May 2020, Microsoft has acquired Softomotive which is a software company that provides Robotic Process Automation technology for organisation's digital workforce development

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

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Highlights of the Report
- The future prospects of the global Artificial Intelligence and Cognitive Computing market during the forecast period 2023-2028 are given in the report.
- The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
- The emerging technologies that are driving the growth of the market are highlighted in the report.
- The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
- The report studies the leading manufacturers and other players entering the global Artificial Intelligence and Cognitive Computing market.