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City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Cognitive Analytics market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The healthcare and life sciences industry is estimated to have the largest share of the cognitive analytics market in 2017. Cognitive analytics enables organizations in the healthcare and life sciences industry to accelerate scientific discoveries, transform clinical trials, and improve the execution and engagement for better treatment and care management, leading to the high adoption of the technology in this industry.
Organizations are deploying cognitive analytics solutions, either on-premises or on-demand (cloud). The demand for cloud-based cognitive analytics solutions is expected to grow at a higher rate. Due to the scalability and agility of cloud-based technologies, more enterprises are proactively adopting cloud-based cognitive analytics solutions to avail the cost-saving benefits and increase their operational efficiency.
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In 2017, the global Cognitive Analytics market size was 1800 million US$ and it is expected to reach 14800 million US$ by the end of 2025, with a CAGR of 30.1% between 2018 and 2025.
This report focuses on the global top players, covered
Amazon Web Services
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Deployment and integration
Support and maintenance
Market segment by Application, the market can be split into
Fraud and risk management
Customer analysis and personalization
Sales and marketing management
Supply chain management
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