Cognitive Computing Market - Top Companies and Manufacturers

  • Report ID: 6466
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Companies Dominating the Cognitive Computing Landscape

    The leading companies in the industry are improving their services and platforms for cognitive computing. To enhance machine learning, automated reasoning, and natural language processing (NLP), they make significant investments in R&D. They are also customizing their products to fit the particular requirements of industries like healthcare, banking, retail, and more.

    Additionally, they are working with industry professionals to provide customized solutions that let clients get the most out of their cognitive systems. In addition, the major firms are pushing cloud-based cognitive services to increase their scalability and accessibility. With the help of their global cloud infrastructure expansion, companies of all kinds may take advantage of cognitive computing without having to make large hardware investments.

    Here are some leading players in the cognitive computing market:

    • IBM
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Expert System S.p.A.
    • SparkCognition Inc
    • Microsoft Corporation
    • VERSES Technologies Inc.
    • International Business Machines Corporation
    • Cisco Systems
    • DeepMind Technologies Limited
    • SVT RoboticsTM
    • Innatera

Browse Key Market Insights with Data Illustration:

In the News

  • In February 2023, SVT RoboticsTM partnered with VERSES Technologies Inc., to develop Robots with AI capabilities and deploy them in warehouses and distribution centers more quickly as a result of SVT's integration with VERSES' KOSMTM network operating system.
  • In November 2021, IBM revealed more planned improvements to its Watson Discovery natural language processing (NLP) system. By revealing patterns and combining data from intricate papers, these planned upgrades aim to assist business users in sectors like finance, insurance, and law in improving customer service and expediting company procedures.

Author Credits:  Abhishek Verma


  • Report ID: 6466
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The cognitive computing market size was USD 48.8 billion in 2024.

The global cognitive computing market size was US 48.8 billion in 2024 and is likely to reach USD 758.7 billion by the end of 2037, expanding at a CAGR of 23.5% over the forecast period, i.e., 2025-2037.

Expert System S.p.A., SparkCognition Inc, Microsoft Corporation, VERSES Technologies Inc., International Business Machines Corporation, Cisco Systems, DeepMind Technologies Limited, SVT RoboticsTM are some key players in the market.

The natural language processing segment is expected to hold a dominant share during the forecast period.

North America is projected to offer lucrative prospects with a share of 40.9% during the forecast period.
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