Cognitive Computing Market Outlook:
Cognitive Computing Market size was valued at USD 56.31 billion in 2025 and is expected to reach USD 770.33 billion by 2035, registering around 29.9% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of cognitive computing is evaluated at USD 71.46 billion.
The growth of the cognitive computing market is anticipated to be supported by the increasing adoption of integrated cloud platforms and artificial intelligence. By 2028, the cloud computing market will have grown to over USD 1 trillion globally. Robotic Process Automation (RPAs) is pertinent to public and private agencies interested in digitizing their records by the joint NARA Memorandum- M-19-21 and the Office of Management and Budget’s (OMB) transition to electronic records.
The memorandum has mandated agencies to electronically manage permanent and temporary records with the appropriate metadata. Governments are encouraging digitization as it requires organizations to move away from agency-operated records storage facilities and leverage RPAs. how cognitive technologies could automate Federal records management functions. The use of cloud-based cognitive technology by corporations is one of the new trends in the market. The potential of cognitive cloud computing to boost organizational effectiveness, save expenses, and raise income is advantageous to businesses. Businesses are also concentrating on deploying cognitive cloud computing solutions for supply chain optimization and product development.
