Growth of Cognitive Computing Market Projected to Amplify During 2025
As a result of various technological advancements in IT sector, the global cognitive market is experiencing a major growth recently finds a Transparency Market Research report. A number of small players and startups are making breakthrough innovations to establish themselves in the space owned by big fishes. Prominent players like Microsoft, Accenture, and Cisco Systems are developing smart and aware apps, and automated solutions for various end-user businesses. This allows these companies to hold their competitive edge over their competitors and strengthen their position as market leaders. The global cognitive computing market reached US$29.67 billion in 2016.Further, this market is projected to rise substantially with a staggering 49.9% CAGR in the forecast period from 2017 to 2025. In terms of revenue, the cognitive computing market shall surpass the benchmark of $US1000.52 bn by the end of this forecast tenure. The global cognitive computing market is ...