Cognitive Analytics Market Size

Cognitive Analytics Market size was over USD 5.15 billion in 2024 and is projected to reach USD 203.76 billion by 2037, witnessing around 32.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cognitive analytics is assessed at USD 6.5 billion. It is anticipated that the expansion of cognitive computing solutions will be supported by the increasing adoption of integrated cloud platforms and artificial intelligence. By 2030, the sector for AI is predicted to expand twentyfold. By 2025, 97 million workers will be there in the AI industry.

In addition, global demand for cognitive analytics is rising at a rapid rate, mainly because predictive analytics is becoming more and more advanced and there is an ongoing desire to improve workplace performance. By offering real-time responses together with the capability to search through vast volumes of data and information, understand context, and determine the most likely response, a cognitive solution system can provide a firm with a competitive edge over its rivals.