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Global Cognitive Operations Market to reach USD XX billion by the end of 2029.

Global Cognitive Operations Market Size study & Forecast, by Component (Solutions, Services), Deployment Mode (Cloud, On-Premises), Enterprise Size (Large Enterprises, Small and Medium-Sized Enterprises), Application (IT Operations Analytics, Application Performance Management, Network Analytics, Security Analytics, Infrastructure Management), Industry Vertical (BFSI, Healthcare & Life Sciences, IT & Telecom, Retail & E-commerce), and Regional Analysis, 2022-2029

Product Code: ICTICTI-13319220
Publish Date: 25-01-2023
Page: 200

Global Cognitive Operations Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Cognitive Operations uses artificial intelligence to perform mental operations. It includes interpretation, transformation, manipulation, storage, etc. Cognitive operations enable to maintenance, analysis, monitor large and complex data with ease. The Cognitive Operations market is expanding because of factors such as the rising adoption of cloud-based cognitive IT operations solutions and the growing demand for monitoring the computer IT Environment in the forecast period.

According to Statista in 2022, the cloud computing market generates revenue of around USD 400 billion in 2021. And it is expected to increase rapidly globally. It includes the adoption of IT services, use of networks of remote services, accessed over the internet. Whereas rising demand from end-user industries and growing R&D activities by market players create lucrative opportunities for the market. However, a lack of skilled professionals and expertise hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Cognitive Operations Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing demand from end-use industries, and the growing adoption of cognitive operation solutions across banking, telecommunication, financial services, and so on. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing penetration of market players, growing R&D activities, and investment towards digitalization

Major market players included in this report are:
Broadcom Inc.
IBM Corporation
VMware, Inc.
Micro Focus International Plc
Splunk Inc.
HCL Technologies Limited
BMC Software, Inc.
New Relic, Inc.
CloudFabrix Software Inc.
Servicenow Inc.

Recent Developments in the Market:
 In December 2021, TCS launched TCS Cognix, a ready-made solution ecosystem that accelerates digital transformation and is powered by the Machine First Delivery Model (MFDM). It orchestrates the digital technology ecosystem logically, innovatively, and modularly and contextualizes solutions using domain knowledge. TCS Cognix assists in the realization of a configurable enterprise, allowing organizations to gain a competitive advantage through cognitive operations.
 In November 2021, Beyond Limits, a company that develops industrial and enterprise-grade AI software, announced the general availability of its new Luminai Refinery Advisor, which was created in collaboration with bp. Beyond Limits’ Cognitive AI software is used in this cloud-based offering to better adhere to commercial operating plans, capture and operationalize expert knowledge, reduce production material costs, maximize operational efficiencies, accelerate time to market, and reduce waste in various sectors.
Global Cognitive Operations Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Deployment Mode, Enterprise Size, Application, Industry Vertical, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:

By Deployment Mode:
On Premises

By Enterprise Size:
Large Enterprises,
Small Sized Enterprises
Medium-Sized Enterprises

By Application:
IT Operations Analytics,
Application Performance Management,
Network Analytics,
Security Analytics,
Infrastructure Management

By Industry Vertical:
Healthcare & Life Sciences,
IT & Telecom,
Retail & E-commerce

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Cognitive Operations Market, by Region, 2019-2029 (USD Billion)
1.2.2. Cognitive Operations Market, by Component, 2019-2029 (USD Billion)
1.2.3. Cognitive Operations Market, by Deployment Mode,2019-2029 (USD Billion)
1.2.4. Cognitive Operations Market, by Enterprise Size, 2019-2029 (USD Billion)
1.2.5. Cognitive Operations Market, by Application, 2019-2029 (USD Billion)
1.2.6. Cognitive Operations Market, by Industry Vertical, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cognitive Operations Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cognitive Operations Market Dynamics
3.1. Cognitive Operations Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising adoption of cloud-based cognitive IT operations solutions Growing demand for monitoring the complex IT Environment
3.1.2. Market Challenges Lack of skilled professionals and expertise
3.1.3. Market Opportunities Rising demand from end-user industries Growing R&D activities by market players
Chapter 4. Global Cognitive Operations Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cognitive Operations Market, by Component
6.1. Market Snapshot
6.2. Global Cognitive Operations Market by Component Performance – Potential Analysis
6.3. Global Cognitive Operations Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Cognitive Operations Market, Sub Segment Analysis
6.4.1. Solutions,
6.4.2. Services
Chapter 7. Global Cognitive Operations Market, by Deployment Mode,
7.1. Market Snapshot
7.2. Global Cognitive Operations Market by Deployment Mode, Performance – Potential Analysis
7.3. Global Cognitive Operations Market Estimates & Forecasts by Deployment Mode, 2019-2029 (USD Billion)
7.4. Cognitive Operations Market, Sub Segment Analysis
7.4.1. Cloud
7.4.2. On Premises
Chapter 8. Global Cognitive Operations Market, by Enterprise Size,
8.1. Market Snapshot
8.2. Global Cognitive Operations Market by Enterprise Size, Performance – Potential Analysis
8.3. Global Cognitive Operations Market Estimates & Forecasts by Enterprise Size, 2019-2029 (USD Billion)
8.4. Cognitive Operations Market, Sub Segment Analysis
8.4.1. Large Enterprises,
8.4.2. Small Sized Enterprises
8.4.3. Medium-Sized Enterprises
Chapter 9. Global Cognitive Operations Market, by Application
9.1. Market Snapshot
9.2. Global Cognitive Operations Market by Application Performance – Potential Analysis
9.3. Global Cognitive Operations Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
9.4. Cognitive Operations Market, Sub Segment Analysis
9.4.1. IT Operations Analytics,
9.4.2. Application Performance Management,
9.4.3. Network Analytics,
9.4.4. Security Analytics,
9.4.5. Infrastructure Management
Chapter 10. Global Cognitive Operations Market, by Industry Vertical,
10.1. Market Snapshot
10.2. Global Cognitive Operations Market by Industry Vertical, Performance – Potential Analysis
10.3. Global Cognitive Operations Market Estimates & Forecasts by Industry Vertical, Channel 2019-2029 (USD Billion)
10.4. Cognitive Operations Market, Sub Segment Analysis
10.4.1. BFSI,
10.4.2. Healthcare & Life Sciences,
10.4.3. IT & Telecom,
10.4.4. Retail & E-commerce
Chapter 11. Global Cognitive Operations Market, Regional Analysis
11.1. Cognitive Operations Market, Regional Market Snapshot
11.2. North America Cognitive Operations Market
11.2.1. U.S. Cognitive Operations Market Component, breakdown estimates & forecasts, 2019-2029 Deployment Mode, breakdown estimates & forecasts, 2019-2029 Enterprise Size, breakdown estimates & forecasts, 2019-2029 Application, breakdown estimates & forecasts, 2019-2029 Industry Vertical, breakdown estimates & forecasts, 2019-2029
11.2.2. Canada Cognitive Operations Market
11.3. Europe Cognitive Operations Market Snapshot
11.3.1. U.K. Cognitive Operations Market
11.3.2. Germany Cognitive Operations Market
11.3.3. France Cognitive Operations Market
11.3.4. Spain Cognitive Operations Market
11.3.5. Italy Cognitive Operations Market
11.3.6. Rest of Europe Cognitive Operations Market
11.4. Asia-Pacific Cognitive Operations Market Snapshot
11.4.1. China Cognitive Operations Market
11.4.2. India Cognitive Operations Market
11.4.3. Japan Cognitive Operations Market
11.4.4. Australia Cognitive Operations Market
11.4.5. South Korea Cognitive Operations Market
11.4.6. Rest of Asia Pacific Cognitive Operations Market
11.5. Latin America Cognitive Operations Market Snapshot
11.5.1. Brazil Cognitive Operations Market
11.5.2. Mexico Cognitive Operations Market
11.6. Rest of The World Cognitive Operations Market

Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. Broadcom Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
12.2.2. IBM Corporation
12.2.3. VMware, Inc.
12.2.4. Micro Focus International Plc
12.2.5. Splunk Inc.
12.2.6. HCL Technologies Limited
12.2.7. BMC Software, Inc.
12.2.8. New Relic, Inc.
12.2.9. CloudFabrix Software Inc.
12.2.10. Servicenow Inc.
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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