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Cognitive Analytics Market Share

Report ID: GMI7368
Published Date: Nov 2023
Report Format: PDF

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Cognitive Analytics Market Share

Major companies operating in the cognitive analytics industry are:

Amazon Web Services
Cisco Systems Inc
Google Inc.
IBM Corporation
Microsoft Corporation
Oracle Corporation
SAS Institute
Narrative Science:
Nuance Communications, Inc.
Sinequa

The cognitive analytics market is dominated by Google Inc., IBM Corporation, Oracle Corporation, and SAS Institute. Major companies are fiercely competing for market shares through continuous technological advancements, product innovation, strategic partnerships, global expansion, and aggressive marketing campaigns.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cognitive analytics reached USD 3.2 billion in 2022 and is set to register 34% CAGR from 2023 to 2032, due to the increasing funding in startups worldwide.

The tools component segment recorded over USD 2 billion in 2022, owing to the rising demand for autonomy and control over analytics processes.

North America held over 33% of the market share in 2022, attributed to the increasing investments in AI technology in the region.

Amazon Web Services, Cisco Systems Inc, Google Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, SAS Institute, Narrative Science, Nuance Communications, Inc., and Sinequa are some of the major cognitive analytics companies worldwide.