The global cognitive computing market size is projected to grow from $20.5 billion in 2020 to $77.5 billion in 2025 with an average annual growth rate (CAGR) of 30% over the forecast period. The main growth factors of the market are the continuous evolution of the computing environment: cloud, mobile and analytics; Use cognitive skills to reduce excessive operating costs. Growing demand for intelligent business processes.
A full report of Cognitive Computing Market is available at: https://www.orionmarketreports.com/cognitive-computing-market/24240/
Key Market Players
The Cognitive Computing Market is dominated by a few globally established players such as Intel (US), STMicroelectronics (Switzerland), Renesas (Japan), Texas Instruments (US), and NXP Semiconductors (Netherlands).
These companies have adopted both organic and inorganic growth strategies such as product launches and developments, agreements, partnerships, joint ventures, collaborations, mergers, and acquisitions to strengthen their position in the market.
Cognitive Computing Market Segmentations
- Application-specific Integrated Circuits (ASIC)
- Power Management Integrated Circuits (PMIC)
- Field Programmable Gate Arrays (FPGA)
- Digital Signal Processors (DSP)
- Operating Systems
- Real-time Embedded Systems
- Standalone Embedded Systems
By System Size
- Small-scale Embedded Systems
- Medium-scale Embedded Systems
- Large-scale Embedded Systems
- Consumer Electronics
- Aerospace and Defense
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cognitive Computing Market Report
- What was the Cognitive Computing Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Cognitive Computing Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Cognitive Computing Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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