Cognitive Analytics Market Projected to grow at a CAGR of 40% by 2023

Cognitive Analytics Market is expected to grow at a CAGR of over 40% during the forecast period (2018 - 2023).

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Cognitive Analytics production region, major players, and product type which will provide a simplified view of the Cognitive Analytics industry. The Cognitive Analytics market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Cognitive Analytics market which will help the emerging market segments in making vital business decisions.

Global Cognitive Analytics Market by Top Manufacturers (2018-2023): Oracle Corporation, Sas Institute, Ibm Corporation, Amazon (Amazon Web Services), Microsoft Corporations, Cisco Systems, Sinequa, Narrative Science, Nuance Communications, Inc., Persado Inc., Hewlett Packard Enterprise Corporation, And Ipsoft Inc., Amongst Others.

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Essential points covered in Cognitive Analytics Market 2018 Research are:-
• What will the market size and the growth rate be in 2023?
• What are the key factors driving the Cognitive Analytics market?
• What are the key market trends impacting the growth of the Cognitive Analytics market?
• What are the challenges to market growth?
• Who are the key vendors in the Cognitive Analytics market?
• What are the market opportunities and threats faced by the vendors in the Cognitive Analytics market?
• What are the key outcomes of the five forces analysis of the Cognitive Analytics market?

This independent 105 pages report guarantees you will remain better informed than your competition. With figures examining the Cognitive Analytics market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2023.

Growing Demand for Cognitive Analytics in Health care

The accelerated rise of Big Data and cloud computing, has made cognitive analytics more accessible and accurate results to various end-use industries at large, including the healthcare sector which has the highest growth demand. As the increase in the burden of chronic diseases, advancements in technology in the healthcare industry and increasing clinical tests have generated the significant need for data assimilation and advanced data analytics to know the different patterns of the disease and find out the new drug. Together with data mining, natural language processing (NLP) systems, and other aspects of machine learning technologies, which is used to find out the valuable insights from the unstructured data. On the other hand, cognitive analytics has enhanced patient engagement and improved access to services. Researchers are leveraging the potential of cognitive solutions to make clinical trials more comprehensive and useful, unlocking abundant exciting prospects in the healthcare industry.

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Global Cognitive Analytics in Healthcare Market - Regional Outlook

North America is estimated to have the largest share of the Cognitive Analytics Market due to technological advancements and the early adoption of analytical solutions in this region. The APAC region is projected to have the fastest growth in demand, during the forecast period (2018-2023), owing to rising geriatric population, increasing healthcare expenditure, growing public and private investments in the healthcare sector to counter the unmet medical needs, and growing pharmaceutical industry in the region. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), people aged 65 years and above in Asian countries is expected to increase by nearly two and half times in the next decades to reach 20.5% in 2050. Since the elderly generally need help in meeting their medication needs, including keeping track of their visits to the doctor, exercise reminders, medication timings, and dietary recommendations, there is ample scope for the healthcare cognitive analytics market to flourish in the region which will provide valuable insights from the complex data.

Companies in the healthcare cognitive analytics market are also increasingly getting involved in research and development (R&D) to provide better healthcare solutions. For instance, in August 2016, IBM Watson aided in the detection of a rare form of leukemia in a patient in Japan.

Reasons to Purchase This Report
• Provides latest insights into global cognitive analytics market.
• Gives a detailed analysis of key competitors in the global cognitive analytics market.
• Forecasts the market value by assessing the impact of the market drivers and constraints.
• Three months analyst support, along with the Market Estimate Sheet in excel.
• Regional Analysis of the market.
• Identify the latest developments, market shares, and strategies employed by the major market players.

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