Cognitive Services Industry Analysis, Industry Trends, Market Growth and Forecast to 2031

Posted by ramtbrc on December 12th, 2022

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Cognitive Services Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the cognitive services industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected cognitive services market growth numbers from 2022-2031.

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The global cognitive services market size is expected to grow from .94 billion in 2021 to .83 billion in 2022 at a compound annual growth rate (CAGR) of 41.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The cognitive services market is expected to grow to .69 billion in 2026 at a CAGR of 39.9%.

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The Cognitive Services Global Market Report 2022-31 by The Business Research Company evaluates cognitive services market size, growth rate, drivers, cognitive services industry trends, and major companies.


The cognitive services market segments in the report are:

1) By Service Type: Data Transformation, Cloud and Web-Based Application Programming Interface, Knowledge Management, Cognitive Risk Intelligence, Data Integration and Cognitive Automation, Training and Support, Communication Monitoring, Consulting and Advisory, Other Service Types

2) By Deployment: On-Premises, Cloud

3) By Technology Type: Natural Language Processing, Machine Learning and Deep Learning

4) By Application: Predictive Maintenance, Marketing Analysis, Quality Management Investigation And Recommendation, Supply Chain Management, Diagnosis And Treatment System, Safety And Security Management, Other Applications

5) By End User: Healthcare, Banking, Financial Services, and Insurance, IT and Telecommunication, Retail, Manufacturing, Education, Government, Other End Users


The table of contents in TBRC’s cognitive services market report includes:

1. Executive Summary

2. Cognitive Services Market Characteristics

3. Cognitive Services Market Trends And Strategies

4. Cognitive Services Market - Macro Economic Scenario

5. Cognitive Services Market Size And Growth.


27. Cognitive Services Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Cognitive Services Market

29. Cognitive Services Market Future Outlook and Potential Analysis

30. Appendix

About The Business Research Company: 
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.  

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The Business Research Company 
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