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Cognitive Services-Global Market Insights and Sales Trends 2025
Synopsis
Cognitive Services are a set of machine learning algorithms that Microsoft has developed to solve problems in the field of Artificial Intelligence (AI)
The global Cognitive Services market size is expected to reach US$ 13310 million by 2029, growing at a CAGR of 24.2% from 2023 to 2029. The market is mainly driven by the significant applications of Cognitive Services in various end use industries. The expanding demands from the BFSI, Healthcare, Retail and IT and Telecommunication, are propelling Cognitive Services market. Machine Learning and Deep Learning, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Natural Language Processing (NLP) segment is estimated at % CAGR for the next seven-year period.
North America is expected to have the largest market size in the cognitive services market, while Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period. The North American region has shown increased investments in the market, and several vendors have evolved to cater to the rapidly growing market. A considerable growth is expected in the region during the forecast period. In North America, the cognitive services technology is effectively used for various business applications, such as market analysis, diagnosis and treatment system, safety and security management, and supply chain management.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cognitive Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cognitive Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cognitive Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cognitive Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cognitive Services covered in this report include IBM, Microsoft, Google, AWS, Baidu, Nuance Communications, Qualcomm Technologies, SAS and Apple, etc.
The global Cognitive Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM
Microsoft
Google
AWS
Baidu
Nuance Communications
Qualcomm Technologies
SAS
Apple
TCS
Nokia
Expert System
Verbio Technologies
Softweb Solutions
Folio3 Software
Fusion Informatics
Inbenta
Cognitivescale
Ipsoft
Global Cognitive Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cognitive Services market, Segment by Type:
Machine Learning and Deep Learning
Natural Language Processing (NLP)
Global Cognitive Services market, by Application
BFSI
Healthcare
Retail
IT and Telecommunication
Government and Education
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Cognitive Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Cognitive Services are a set of machine learning algorithms that Microsoft has developed to solve problems in the field of Artificial Intelligence (AI)
The global Cognitive Services market size is expected to reach US$ 13310 million by 2029, growing at a CAGR of 24.2% from 2023 to 2029. The market is mainly driven by the significant applications of Cognitive Services in various end use industries. The expanding demands from the BFSI, Healthcare, Retail and IT and Telecommunication, are propelling Cognitive Services market. Machine Learning and Deep Learning, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Natural Language Processing (NLP) segment is estimated at % CAGR for the next seven-year period.
North America is expected to have the largest market size in the cognitive services market, while Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period. The North American region has shown increased investments in the market, and several vendors have evolved to cater to the rapidly growing market. A considerable growth is expected in the region during the forecast period. In North America, the cognitive services technology is effectively used for various business applications, such as market analysis, diagnosis and treatment system, safety and security management, and supply chain management.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cognitive Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cognitive Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cognitive Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cognitive Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cognitive Services covered in this report include IBM, Microsoft, Google, AWS, Baidu, Nuance Communications, Qualcomm Technologies, SAS and Apple, etc.
The global Cognitive Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM
Microsoft
AWS
Baidu
Nuance Communications
Qualcomm Technologies
SAS
Apple
TCS
Nokia
Expert System
Verbio Technologies
Softweb Solutions
Folio3 Software
Fusion Informatics
Inbenta
Cognitivescale
Ipsoft
Global Cognitive Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cognitive Services market, Segment by Type:
Machine Learning and Deep Learning
Natural Language Processing (NLP)
Global Cognitive Services market, by Application
BFSI
Healthcare
Retail
IT and Telecommunication
Government and Education
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Cognitive Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Cognitive Services
1.1 Cognitive Services Market Overview
1.1.1 Cognitive Services Product Scope
1.1.2 Cognitive Services Market Status and Outlook
1.2 Global Cognitive Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Cognitive Services Market Size by Region (2018-2029)
1.4 Global Cognitive Services Historic Market Size by Region (2018-2023)
1.5 Global Cognitive Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Cognitive Services Market Size (2018-2029)
1.6.1 North America Cognitive Services Market Size (2018-2029)
1.6.2 Europe Cognitive Services Market Size (2018-2029)
1.6.3 Asia-Pacific Cognitive Services Market Size (2018-2029)
1.6.4 Latin America Cognitive Services Market Size (2018-2029)
1.6.5 Middle East & Africa Cognitive Services Market Size (2018-2029)
2 Cognitive Services Market by Type
2.1 Introduction
2.1.1 Machine Learning and Deep Learning
2.1.2 Natural Language Processing (NLP)
2.2 Global Cognitive Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Cognitive Services Historic Market Size by Type (2018-2023)
2.2.2 Global Cognitive Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Cognitive Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Cognitive Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Cognitive Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Cognitive Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Cognitive Services Revenue Breakdown by Type (2018-2029)
3 Cognitive Services Market Overview by Application
3.1 Introduction
3.1.1 BFSI
3.1.2 Healthcare
3.1.3 Retail
3.1.4 IT and Telecommunication
3.1.5 Government and Education
3.1.6 Manufacturing
3.1.7 Others
3.2 Global Cognitive Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Cognitive Services Historic Market Size by Application (2018-2023)
3.2.2 Global Cognitive Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Cognitive Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Cognitive Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Cognitive Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Cognitive Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Cognitive Services Revenue Breakdown by Application (2018-2029)
4 Cognitive Services Competition Analysis by Players
4.1 Global Cognitive Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cognitive Services as of 2022)
4.3 Date of Key Players Enter into Cognitive Services Market
4.4 Global Top Players Cognitive Services Headquarters and Area Served
4.5 Key Players Cognitive Services Product Solution and Service
4.6 Competitive Status
4.6.1 Cognitive Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 IBM
5.1.1 IBM Profile
5.1.2 IBM Main Business
5.1.3 IBM Cognitive Services Products, Services and Solutions
5.1.4 IBM Cognitive Services Revenue (US$ Million) & (2018-2023)
5.1.5 IBM Recent Developments
5.2 Microsoft
5.2.1 Microsoft Profile
5.2.2 Microsoft Main Business
5.2.3 Microsoft Cognitive Services Products, Services and Solutions
5.2.4 Microsoft Cognitive Services Revenue (US$ Million) & (2018-2023)
5.2.5 Microsoft Recent Developments
5.3 Google
5.3.1 Google Profile
5.3.2 Google Main Business
5.3.3 Google Cognitive Services Products, Services and Solutions
5.3.4 Google Cognitive Services Revenue (US$ Million) & (2018-2023)
5.3.5 AWS Recent Developments
5.4 AWS
5.4.1 AWS Profile
5.4.2 AWS Main Business
5.4.3 AWS Cognitive Services Products, Services and Solutions
5.4.4 AWS Cognitive Services Revenue (US$ Million) & (2018-2023)
5.4.5 AWS Recent Developments
5.5 Baidu
5.5.1 Baidu Profile
5.5.2 Baidu Main Business
5.5.3 Baidu Cognitive Services Products, Services and Solutions
5.5.4 Baidu Cognitive Services Revenue (US$ Million) & (2018-2023)
5.5.5 Baidu Recent Developments
5.6 Nuance Communications
5.6.1 Nuance Communications Profile
5.6.2 Nuance Communications Main Business
5.6.3 Nuance Communications Cognitive Services Products, Services and Solutions
5.6.4 Nuance Communications Cognitive Services Revenue (US$ Million) & (2018-2023)
5.6.5 Nuance Communications Recent Developments
5.7 Qualcomm Technologies
5.7.1 Qualcomm Technologies Profile
5.7.2 Qualcomm Technologies Main Business
5.7.3 Qualcomm Technologies Cognitive Services Products, Services and Solutions
5.7.4 Qualcomm Technologies Cognitive Services Revenue (US$ Million) & (2018-2023)
5.7.5 Qualcomm Technologies Recent Developments
5.8 SAS
5.8.1 SAS Profile
5.8.2 SAS Main Business
5.8.3 SAS Cognitive Services Products, Services and Solutions
5.8.4 SAS Cognitive Services Revenue (US$ Million) & (2018-2023)
5.8.5 SAS Recent Developments
5.9 Apple
5.9.1 Apple Profile
5.9.2 Apple Main Business
5.9.3 Apple Cognitive Services Products, Services and Solutions
5.9.4 Apple Cognitive Services Revenue (US$ Million) & (2018-2023)
5.9.5 Apple Recent Developments
5.10 TCS
5.10.1 TCS Profile
5.10.2 TCS Main Business
5.10.3 TCS Cognitive Services Products, Services and Solutions
5.10.4 TCS Cognitive Services Revenue (US$ Million) & (2018-2023)
5.10.5 TCS Recent Developments
5.11 Nokia
5.11.1 Nokia Profile
5.11.2 Nokia Main Business
5.11.3 Nokia Cognitive Services Products, Services and Solutions
5.11.4 Nokia Cognitive Services Revenue (US$ Million) & (2018-2023)
5.11.5 Nokia Recent Developments
5.12 Expert System
5.12.1 Expert System Profile
5.12.2 Expert System Main Business
5.12.3 Expert System Cognitive Services Products, Services and Solutions
5.12.4 Expert System Cognitive Services Revenue (US$ Million) & (2018-2023)
5.12.5 Expert System Recent Developments
5.13 Verbio Technologies
5.13.1 Verbio Technologies Profile
5.13.2 Verbio Technologies Main Business
5.13.3 Verbio Technologies Cognitive Services Products, Services and Solutions
5.13.4 Verbio Technologies Cognitive Services Revenue (US$ Million) & (2018-2023)
5.13.5 Verbio Technologies Recent Developments
5.14 Softweb Solutions
5.14.1 Softweb Solutions Profile
5.14.2 Softweb Solutions Main Business
5.14.3 Softweb Solutions Cognitive Services Products, Services and Solutions
5.14.4 Softweb Solutions Cognitive Services Revenue (US$ Million) & (2018-2023)
5.14.5 Softweb Solutions Recent Developments
5.15 Folio3 Software
5.15.1 Folio3 Software Profile
5.15.2 Folio3 Software Main Business
5.15.3 Folio3 Software Cognitive Services Products, Services and Solutions
5.15.4 Folio3 Software Cognitive Services Revenue (US$ Million) & (2018-2023)
5.15.5 Folio3 Software Recent Developments
5.16 Fusion Informatics
5.16.1 Fusion Informatics Profile
5.16.2 Fusion Informatics Main Business
5.16.3 Fusion Informatics Cognitive Services Products, Services and Solutions
5.16.4 Fusion Informatics Cognitive Services Revenue (US$ Million) & (2018-2023)
5.16.5 Fusion Informatics Recent Developments
5.17 Inbenta
5.17.1 Inbenta Profile
5.17.2 Inbenta Main Business
5.17.3 Inbenta Cognitive Services Products, Services and Solutions
5.17.4 Inbenta Cognitive Services Revenue (US$ Million) & (2018-2023)
5.17.5 Inbenta Recent Developments
5.18 Cognitivescale
5.18.1 Cognitivescale Profile
5.18.2 Cognitivescale Main Business
5.18.3 Cognitivescale Cognitive Services Products, Services and Solutions
5.18.4 Cognitivescale Cognitive Services Revenue (US$ Million) & (2018-2023)
5.18.5 Cognitivescale Recent Developments
5.19 Ipsoft
5.19.1 Ipsoft Profile
5.19.2 Ipsoft Main Business
5.19.3 Ipsoft Cognitive Services Products, Services and Solutions
5.19.4 Ipsoft Cognitive Services Revenue (US$ Million) & (2018-2023)
5.19.5 Ipsoft Recent Developments
6 North America
6.1 North America Cognitive Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Cognitive Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Cognitive Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Cognitive Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Cognitive Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Cognitive Services Market Dynamics
11.1 Cognitive Services Industry Trends
11.2 Cognitive Services Market Drivers
11.3 Cognitive Services Market Challenges
11.4 Cognitive Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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