Edison, NJ -- (SBWIRE) -- 02/02/2019 -- HTF MI recently Announced Global Cognitive Services study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Cognitive Services. Global Cognitive Services research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Cognitive Services Forecast till 2025*. Some of the Leading key Company's Covered for this Research are Microsoft Corporation (United States) , AWS Inc. (United States) , Google (United States) , IBM Corporation (United States) , Apple Inc. (United States) , Expert System Enterprise (United States) , Folio3 Software (United States) , Inbenta (United States) , IPsoft (United States) , Nokia (Finland) , Nuance Communications (United States) , Qualcomm Technologies (United States) , SAS (United States) , Softweb Solutions (United States) , TCS (India) and Verbio Technologies.

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AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Global Cognitive Services market - Global outlook to 2023".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Cognitive Services market to grow at a CAGR of 40.3% to aggregate USD20.03 Billion by 2023.

Market Overview: A cognitive services is an automated model which provides language, speech, vision, search, and knowledge APIs. It is a toolkit which is used to develop artificial intelligence and cognitive computing-based applications for generating business value from unstructured information It helps to build powerful intelligence into applications to enable natural and contextual interactions. It is a set of APIs, SDKs and services. The advantage of cognitive services are ensuring cost reductions, greater efficiency and enhanced results simultaneously in core business areas such as customer support.

Market Trend
Rising smarter applications through intelligent APIs and increasing use of cognitive services across various industries

Market Drivers
Rising growth in aligning organizational core work with business
The growing data is becoming crucial and organizations are majorly focusing on the integration of cognitive capabilities

Challenges
Lack of security and cyber-attack

Opportunities
Increasing development of IT infrastructure in developing economies

Target Audience
Services platform solution providers , Small and Medium-sized Enterprises (SMEs) , Infrastructure providers , External Service Providers (ESPs) , Corporate sector , Original Equipment Manufacturers (OEMs) and technology solution providers , Government and Public Sector Undertakings (PSUs) , IT and telecommunication industry and System integrators

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Important Features that are under offering & key highlights of the report:

1) Who are the Leading Key Company in Global Cognitive Services market space?

Following are list of players that are currently profiled in the report "Microsoft Corporation (United States) , AWS Inc. (United States) , Google (United States) , IBM Corporation (United States) , Apple Inc. (United States) , Expert System Enterprise (United States) , Folio3 Software (United States) , Inbenta (United States) , IPsoft (United States) , Nokia (Finland) , Nuance Communications (United States) , Qualcomm Technologies (United States) , SAS (United States) , Softweb Solutions (United States) , TCS (India) and Verbio Technologies"

** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Cognitive Services market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.

3) What are the Market Applications & Types:

The study is segmented by following Product Type: Machine Learning And Deep Learning and Natural Language Processing

Major applications/end-users industry are: Banking, Financial Services and Insurance (BFSI), , Healthcare Sector , Retail Sector , IT and Telecommunication Sector, , Government and Educational Organisation , Manufacturing and Others

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

To comprehend Global Cognitive Services market dynamics in the world mainly, the worldwide Cognitive Services market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.

- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Microsoft Corporation (United States) , AWS Inc. (United States) , Google (United States) , IBM Corporation (United States) , Apple Inc. (United States) , Expert System Enterprise (United States) , Folio3 Software (United States) , Inbenta (United States) , IPsoft (United States) , Nokia (Finland) , Nuance Communications (United States) , Qualcomm Technologies (United States) , SAS (United States) , Softweb Solutions (United States) , TCS (India) and Verbio Technologies. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

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Research Parameter/ Research Methodology

Primary Research:
The primary sources involves the industry experts from the Global Cognitive Services industry including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Cognitive Services in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.

In this study, the years considered to estimate the market size of Global Cognitive Services are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

Key Stakeholders in Global Cognitive Services Market:
Global Cognitive Services Manufacturers
Global Cognitive Services Distributors/Traders/Wholesalers
Global Cognitive Services Subcomponent Manufacturers
Industry Association
Downstream Vendors

**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

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