PUBLISHER: KBV Research | PRODUCT CODE: 1373705
PUBLISHER: KBV Research | PRODUCT CODE: 1373705
North America Cognitive Computing Market Size, Share & Industry Trends Analysis Report By Deployment Type (On-premise and Cloud), By Technology, By Enterprise Size, By Vertical, By Country and Growth Forecast, 2023 - 2030
The North America Cognitive Computing Market would witness market growth of 31.4% CAGR during the forecast period (2023-2030).
Cognitive computing is a platform for technology founded on the scientific principles of artificial intelligence (AI) and signal processing. Due to its innate ability to process natural language exchanges, natural language processing (NLP) is the most widely used technology. The more impressive advancement of data science has been made possible by the expanded application of big data, automated reasoning, machine learning technologies, AI, and probabilistic logic. Cognitive systems can make decisions one step ahead of engagement systems. Utilizing reinforcement learning, these systems are modeled. Cognitive systems make decisions based on fresh data, results, and actions. Tracing a decision's origins and modifying a system's response's confidence score is necessary for autonomous decision-making.
The recommendation engine of the solution is based on its capacity to decipher meaning and analyze questions in the context of natural language and complex medical data, including doctors' notes, patient records, medical annotations, and clinical comments. The solution gets steadily more accurate as it learns. Clinicians can spend more time with patients when decision-support tools and paperwork are made available.
North America has a wealth of data, both structured and unstructured. Cognitive computing systems excel at processing and extracting insights from large datasets, making them valuable tools for businesses wanting to leverage their data for competitive advantage. The region has numerous tech companies, research institutions, and startups working on cognitive computing technologies. The usage of telemedicine has resulted in a significant decrease in healthcare expenses in this nation, according to statistics from consulting company Deloitte. This is because telemedicine eliminates needless travel, shortens wait times, and enables quicker and more effective therapy. Thus, the extensive support for innovative technologies' adoption from regional governments substantially aid in the expansion of the market.
The US market dominated the North America Cognitive Computing Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $73.1 billion by 2030. The Canada market is poised to grow at a CAGR of 34.4% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 33.2% during (2023 - 2030).
Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Technology, the market is segmented into Natural Language Processing (NLP), Machine Learning and Automated Reasoning & Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Vertical, the market is segmented into Healthcare, BFSI, Retail & E-commerce, Manufacturing, IT & Telecom, Government & Defense, Energy & Power and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Google LLC, Tibco Software Inc., 3M Company, Microsoft Corporation, SAS Institute Inc., TATA Consultancy Services Limited, IBM Corporation, Hewlett Packard Enterprise Development LP, and Oracle Corporation
Scope of the Study
Market Segments covered in the Report:
By Deployment Type
- On-premise
- Cloud
By Technology
- Natural Language Processing (NLP)
- Machine Learning
- Automated Reasoning & Others
By Enterprise Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Vertical
- Healthcare
- BFSI
- Retail & E-commerce
- Manufacturing
- IT & Telecom
- Government & Defense
- Energy & Power
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- SAP SE
- Google LLC
- Tibco Software Inc.
- 3M Company
- Microsoft Corporation
- SAS Institute Inc.
- TATA Consultancy Services Limited
- IBM Corporation
- Hewlett Packard Enterprise Development LP
- Oracle Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Cognitive Computing Market, by Deployment Type
- 1.4.2 North America Cognitive Computing Market, by Technology
- 1.4.3 North America Cognitive Computing Market, by Enterprise Size
- 1.4.4 North America Cognitive Computing Market, by Vertical
- 1.4.5 North America Cognitive Computing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2022
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun - 2023, May) Leading Players
- 4.5 Porter's Five Force Analysis
Chapter 5. North America Cognitive Computing Market, By Deployment Type
- 5.1 North America On-premise Market, By Country
- 5.2 North America Cloud Market, By Country
Chapter 6. North America Cognitive Computing Market, By Technology
- 6.1 North America Natural Language Processing (NLP) Market, By Country
- 6.2 North America Machine Learning Market, By Country
- 6.3 North America Automated Reasoning & Others Market, By Country
Chapter 7. North America Cognitive Computing Market, By Enterprise Size
- 7.1 North America Large Enterprises Market, By Country
- 7.2 North America Small & Medium-sized Enterprises Market, By Country
Chapter 8. North America Cognitive Computing Market, By Vertical
- 8.1 North America Healthcare Market, By Country
- 8.2 North America BFSI Market, By Country
- 8.3 North America Retail & E-commerce Market, By Country
- 8.4 North America Manufacturing Market, By Country
- 8.5 North America IT & Telecom Market, By Country
- 8.6 North America Government & Defense Market, By Country
- 8.7 North America Energy & Power Market, By Country
- 8.8 North America Others Market, By Country
Chapter 9. North America Cognitive Computing Market, By Country
- 9.1 US Cognitive Computing Market
- 9.1.1 US Cognitive Computing Market, By Deployment Type
- 9.1.2 US Cognitive Computing Market, By Technology
- 9.1.3 US Cognitive Computing Market, By Enterprise Size
- 9.1.4 US Cognitive Computing Market, By Vertical
- 9.2 Canada Cognitive Computing Market
- 9.2.1 Canada Cognitive Computing Market, By Deployment Type
- 9.2.2 Canada Cognitive Computing Market, By Technology
- 9.2.3 Canada Cognitive Computing Market, By Enterprise Size
- 9.2.4 Canada Cognitive Computing Market, By Vertical
- 9.3 Mexico Cognitive Computing Market
- 9.3.1 Mexico Cognitive Computing Market, By Deployment Type
- 9.3.2 Mexico Cognitive Computing Market, By Technology
- 9.3.3 Mexico Cognitive Computing Market, By Enterprise Size
- 9.3.4 Mexico Cognitive Computing Market, By Vertical
- 9.4 Rest of North America Cognitive Computing Market
- 9.4.1 Rest of North America Cognitive Computing Market, By Deployment Type
- 9.4.2 Rest of North America Cognitive Computing Market, By Technology
- 9.4.3 Rest of North America Cognitive Computing Market, By Enterprise Size
- 9.4.4 Rest of North America Cognitive Computing Market, By Vertical
Chapter 10. Company Profiles
- 10.1 Oracle Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 IBM Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.5.3 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Microsoft Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 SAS Institute, Inc.
- 10.4.1 Company Overview
- 10.4.2 Recent strategies and developments:
- 10.4.2.1 Partnerships, Collaborations, and Agreements:
- 10.4.2.2 Acquisition and Mergers:
- 10.4.3 SWOT Analysis
- 10.5 SAP SE
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.6 SWOT Analysis
- 10.6 Hewlett Packard Enterprise Company
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Acquisition and Mergers:
- 10.6.6 SWOT Analysis
- 10.7 Tata Consultancy Services Ltd.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Product Launches and Product Expansions:
- 10.7.6 SWOT Analysis
- 10.8 Google LLC (Alphabet Inc.)
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Product Launches and Product Expansions:
- 10.8.6 SWOT Analysis
- 10.9 3M Company
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 SWOT Analysis
- 10.10. Tibco Software, Inc. (Vista Equity Partners)
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Cognitive Computing Market, 2019 - 2022, USD Million
- TABLE 2 North America Cognitive Computing Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Cognitive Computing Market
- TABLE 4 Product Launches And Product Expansions- Cognitive Computing Market
- TABLE 5 Acquisition and Mergers- Cognitive Computing Market
- TABLE 6 North America Cognitive Computing Market, By Deployment Type, 2019 - 2022, USD Million
- TABLE 7 North America Cognitive Computing Market, By Deployment Type, 2023 - 2030, USD Million
- TABLE 8 North America On-premise Market, By Country, 2019 - 2022, USD Million
- TABLE 9 North America On-premise Market, By Country, 2023 - 2030, USD Million
- TABLE 10 North America Cloud Market, By Country, 2019 - 2022, USD Million
- TABLE 11 North America Cloud Market, By Country, 2023 - 2030, USD Million
- TABLE 12 North America Cognitive Computing Market, By Technology, 2019 - 2022, USD Million
- TABLE 13 North America Cognitive Computing Market, By Technology, 2023 - 2030, USD Million
- TABLE 14 North America Natural Language Processing (NLP) Market, By Country, 2019 - 2022, USD Million
- TABLE 15 North America Natural Language Processing (NLP) Market, By Country, 2023 - 2030, USD Million
- TABLE 16 North America Machine Learning Market, By Country, 2019 - 2022, USD Million
- TABLE 17 North America Machine Learning Market, By Country, 2023 - 2030, USD Million
- TABLE 18 North America Automated Reasoning & Others Market, By Country, 2019 - 2022, USD Million
- TABLE 19 North America Automated Reasoning & Others Market, By Country, 2023 - 2030, USD Million
- TABLE 20 North America Cognitive Computing Market, By Enterprise Size, 2019 - 2022, USD Million
- TABLE 21 North America Cognitive Computing Market, By Enterprise Size, 2023 - 2030, USD Million
- TABLE 22 North America Large Enterprises Market, By Country, 2019 - 2022, USD Million
- TABLE 23 North America Large Enterprises Market, By Country, 2023 - 2030, USD Million
- TABLE 24 North America Small & Medium-sized Enterprises Market, By Country, 2019 - 2022, USD Million
- TABLE 25 North America Small & Medium-sized Enterprises Market, By Country, 2023 - 2030, USD Million
- TABLE 26 North America Cognitive Computing Market, By Vertical, 2019 - 2022, USD Million
- TABLE 27 North America Cognitive Computing Market, By Vertical, 2023 - 2030, USD Million
- TABLE 28 North America Healthcare Market, By Country, 2019 - 2022, USD Million
- TABLE 29 North America Healthcare Market, By Country, 2023 - 2030, USD Million
- TABLE 30 North America BFSI Market, By Country, 2019 - 2022, USD Million
- TABLE 31 North America BFSI Market, By Country, 2023 - 2030, USD Million
- TABLE 32 North America Retail & E-commerce Market, By Country, 2019 - 2022, USD Million
- TABLE 33 North America Retail & E-commerce Market, By Country, 2023 - 2030, USD Million
- TABLE 34 North America Manufacturing Market, By Country, 2019 - 2022, USD Million
- TABLE 35 North America Manufacturing Market, By Country, 2023 - 2030, USD Million
- TABLE 36 North America IT & Telecom Market, By Country, 2019 - 2022, USD Million
- TABLE 37 North America IT & Telecom Market, By Country, 2023 - 2030, USD Million
- TABLE 38 North America Government & Defense Market, By Country, 2019 - 2022, USD Million
- TABLE 39 North America Government & Defense Market, By Country, 2023 - 2030, USD Million
- TABLE 40 North America Energy & Power Market, By Country, 2023 - 2030, USD Million
- TABLE 41 North America Others Market, By Country, 2019 - 2022, USD Million
- TABLE 42 North America Others Market, By Country, 2023 - 2030, USD Million
- TABLE 43 North America Cognitive Computing Market, By Country, 2019 - 2022, USD Million
- TABLE 44 North America Cognitive Computing Market, By Country, 2023 - 2030, USD Million
- TABLE 45 US Cognitive Computing Market, 2019 - 2022, USD Million
- TABLE 46 US Cognitive Computing Market, 2023 - 2030, USD Million
- TABLE 47 US Cognitive Computing Market, By Deployment Type, 2019 - 2022, USD Million
- TABLE 48 US Cognitive Computing Market, By Deployment Type, 2023 - 2030, USD Million
- TABLE 49 US Cognitive Computing Market, By Technology, 2019 - 2022, USD Million
- TABLE 50 US Cognitive Computing Market, By Technology, 2023 - 2030, USD Million
- TABLE 51 US Cognitive Computing Market, By Enterprise Size, 2019 - 2022, USD Million
- TABLE 52 US Cognitive Computing Market, By Enterprise Size, 2023 - 2030, USD Million
- TABLE 53 US Cognitive Computing Market, By Vertical, 2019 - 2022, USD Million
- TABLE 54 US Cognitive Computing Market, By Vertical, 2023 - 2030, USD Million
- TABLE 55 Canada Cognitive Computing Market, 2019 - 2022, USD Million
- TABLE 56 Canada Cognitive Computing Market, 2023 - 2030, USD Million
- TABLE 57 Canada Cognitive Computing Market, By Deployment Type, 2019 - 2022, USD Million
- TABLE 58 Canada Cognitive Computing Market, By Deployment Type, 2023 - 2030, USD Million
- TABLE 59 Canada Cognitive Computing Market, By Technology, 2019 - 2022, USD Million
- TABLE 60 Canada Cognitive Computing Market, By Technology, 2023 - 2030, USD Million
- TABLE 61 Canada Cognitive Computing Market, By Enterprise Size, 2019 - 2022, USD Million
- TABLE 62 Canada Cognitive Computing Market, By Enterprise Size, 2023 - 2030, USD Million
- TABLE 63 Canada Cognitive Computing Market, By Vertical, 2019 - 2022, USD Million
- TABLE 64 Canada Cognitive Computing Market, By Vertical, 2023 - 2030, USD Million
- TABLE 65 Mexico Cognitive Computing Market, 2019 - 2022, USD Million
- TABLE 66 Mexico Cognitive Computing Market, 2023 - 2030, USD Million
- TABLE 67 Mexico Cognitive Computing Market, By Deployment Type, 2019 - 2022, USD Million
- TABLE 68 Mexico Cognitive Computing Market, By Deployment Type, 2023 - 2030, USD Million
- TABLE 69 Mexico Cognitive Computing Market, By Technology, 2019 - 2022, USD Million
- TABLE 70 Mexico Cognitive Computing Market, By Technology, 2023 - 2030, USD Million
- TABLE 71 Mexico Cognitive Computing Market, By Enterprise Size, 2019 - 2022, USD Million
- TABLE 72 Mexico Cognitive Computing Market, By Enterprise Size, 2023 - 2030, USD Million
- TABLE 73 Mexico Cognitive Computing Market, By Vertical, 2019 - 2022, USD Million
- TABLE 74 Mexico Cognitive Computing Market, By Vertical, 2023 - 2030, USD Million
- TABLE 75 Rest of North America Cognitive Computing Market, 2019 - 2022, USD Million
- TABLE 76 Rest of North America Cognitive Computing Market, 2023 - 2030, USD Million
- TABLE 77 Rest of North America Cognitive Computing Market, By Deployment Type, 2019 - 2022, USD Million
- TABLE 78 Rest of North America Cognitive Computing Market, By Deployment Type, 2023 - 2030, USD Million
- TABLE 79 Rest of North America Cognitive Computing Market, By Technology, 2019 - 2022, USD Million
- TABLE 80 Rest of North America Cognitive Computing Market, By Technology, 2023 - 2030, USD Million
- TABLE 81 Rest of North America Cognitive Computing Market, By Enterprise Size, 2019 - 2022, USD Million
- TABLE 82 Rest of North America Cognitive Computing Market, By Enterprise Size, 2023 - 2030, USD Million
- TABLE 83 Rest of North America Cognitive Computing Market, By Vertical, 2019 - 2022, USD Million
- TABLE 84 Rest of North America Cognitive Computing Market, By Vertical, 2023 - 2030, USD Million
- TABLE 85 Key Information - Oracle Corporation
- TABLE 86 Key Information - IBM Corporation
- TABLE 87 key information - Microsoft Corporation
- TABLE 88 Key information - SAS Institute, Inc.
- TABLE 89 Key Information - SAP SE
- TABLE 90 Key Information - Hewlett Packard Enterprise Company
- TABLE 91 Key Information - Tata Consultancy Services Ltd.
- TABLE 92 Key Information - Google LLC
- TABLE 93 Key Information - 3M Company
- TABLE 94 Key Information - Tibco Software, Inc.
