Cognitive Computer Market Segmentation, Forecast, Market Analysis. Cognitive Market pdf | Page 2

Orion Market Research (OMR) recently published a market research report on global cognitive computer
market. According to OMR analysis, the global cognitive computer market is expected to grow at a
moderate CAGR during the forecast period 2018-2023.
The cognitive computer market is estimated to grow modestly during the forecast period due to
increasing adoption of the technology in end-user industries to facilitate the integration of human and
computer with software services. The global cognitive computer market can be bifurcated into by
technology, which is further segmented into natural language processing, machine learning, automated
reasoning and others (information retrieval); by deployment, it is segmented into cloud and on
premises; by vertical, the market is further bifurcated into aerospace & defense, BFSI (Banking, Financial
Services and Insurance), telecom & IT, consumer goods & retail, energy & power, tourism & travel,
media & entertainment, education & research and others; and by geography, it is further segmented
into North America, Europe, Asia-Pacific and Rest of the World.
The report provides detailed and insightful chapters which includes market overview, key findings,
strategic recommendations, market estimations, market determinants, key company analysis, market
insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive
analysis of the market.
Full report of global cognitive computer market is available at: https://www.omrglobal.com/industry-
reports/cognitive-computing-market/
Cognitive computing is the technology platform which is based on artificial intelligence, machine
learning and signal processing. The technology enables the human-computer interaction in more
efficient manner due to integration of AI and machine learning with it.
Use cases of the technology are face detection, speech recognition, sentimental analysis, fraud
detection and risk management. Some of the major IT development in the field of cognitive computing
made by software giants to solve real life problems are Vantage Software, Café Well Concierge, Sofie,
Bright Minded, Way Blazer, and Edge Up Sports. Technological advancements of the artificial
intelligence, one of the key aspects of cognitive computing, led to rise in the investment of $5.1 billion in
the year of 2016. Major breakthrough of cognitive computing is in the sector of healthcare where it
facilitates to reduce cost by automating task such as de-identifying patient care records, and reviewing