Global Content Analytics Discovery And Cognitive Systems Market Is Projected to Grow at a Substantial Rate by 2025
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Information can be a strategic asset for an organisation which can reduce business risks, enable better customer relationships and drive better decision making. With tremendous surge in the diversity and volume of data, the need is more urgent to extract information across the organisation. Content analytics, discovery and cognitive systems enable user to connect customers and employees with right insights and information at right time that can help in growth of the organisation.
Global Content Analytics, Discovery, and Cognitive Systems Market: Segmentation
Global content analytics, discovery, and cognitive systems market is classified into type, vertical, and region.The worldwide content analytics, discovery, and cognitive systems market can be segmented on the basis oftypewhich includes solution and service. The solution segment can be sub-segmented into content analytics solution and cognitive computing solution.
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The content analytics solution sub-segment can be further categorised into text analytics, speech analytics, social media analytics, e-discovery & navigation tools, web analytics and other. The cognitive computing solution includes automated reasoning, machine learning, natural language processing and other. The service segment can be further sub-segmented into consulting service, integration service, implementation service and maintenance service. Vertical wise, the market is segmented into BFSI, media & entertainment sector, healthcare sector, public sector, retail sector, transportation & logistics sector, manufacturing sector, IT & telecom sector and energy and utility sector. Region wise, market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA).
Global Content Analytics, Discovery and Cognitive Systems Market: Region-wise Outlook
The worldwide content analytics, discovery, and cognitive systems market is projected to register a considerable growth in terms of CAGR during the forecast period. The content analytics, discovery and cognitive systems are gaining traction across verticals, which in turn is expected to create huge growth opportunity for key players operating in the content analytics, discovery and cognitive systems market.
Global Content Analytics, Discovery, and Cognitive Systems Market: Drivers
The digital data is continuously increasing at a fast rate and this complex data are available in different format such as video, images and text. Business organisations across the globe are facing problem in terms of managing and analysing these huge sets of unstructured data. Thus, they require advanced content analytic tools and cognitive systems in order to extract valuable information from the both structured as well as unstructured. This is encouraging major players operating in the market to introduce content analytics, discovery and cognitive systems equipped with advanced technology.
Global Content Analytics, Discovery, and Cognitive Systems Market: Restraints
Lack of awareness across end user verticals in emerging markets such as Brazil, India and Indonesia is one of the major factors which is expected to hinder growth of the global content analytics, discovery and cognitive systems market to some extent.
Global Content Analytics, Discovery, and Cognitive Systems Market: Competitive Landscape
Key players in the global content analytics, discovery and cognitive systems market focus on acquisition and mergers, and introduction of advanced solutions in order to enhance customer experience and outperform competitors. For example in 2016, Microsoft launched Azure Mobile Engagement – a real-time analytical tool that enables real-time in-app messaging across all connected devices
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Global Content Analytics, Discovery, and Cognitive Systems Market: Key Players
Some of the major players identified in the global content analytics, discovery and cognitive systems market are Microsoft Corporation, IBM Corporation, Google Inc., Symantec Corporation, Palantir Technologies, Inc., Recommind, Inc.and OpenText Corporation etc.
The report covers exhaustive analysis on:
- Content Analytics, Discovery, and Cognitive Systems Market Segments
- Content Analytics, Discovery, and Cognitive Systems Market Dynamics
- Historical Actual Market Size, 2012 – 2014
- Content Analytics, Discovery, and Cognitive Systems Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Content Analytics, Discovery, and Cognitive Systems Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Content Analytics, Discovery, and Cognitive Systems Market Drivers and Restraints
Regional analysis for Content Analytics, Discovery, and Cognitive Systems Market includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
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Tailwinds and headwinds molding the market’s trajectory
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Market segments based on products, technology, and applications
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Prospects of each segment
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Overall current and possible future size of the market
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Growth pace of the market
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Competitive landscape and key players’ strategies
The main aim of the report is to:
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Enable key stakeholder’s in the market bet right on it
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Understand the opportunities and pitfalls awaiting them
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Assess the overall growth scope in the near term
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Strategize effectively with respect to production and distribution
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