Cognitive Computing Market Insights, Status, Latest Amendments and Outlook 2019-2025

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Sep 16, 2020 (Heraldkeepers) —
Cisco Systems Inc., Hewlett Packard Enterprise, IBM Corporation, Flatiron Health, Inc., Accenture, Inc., Microsoft Corporation, Spark Cognition, Google, Inc., Digital Reasoning Systems, Narrative Science., and others are among the major players in the global Cognitive Computing market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

In 2018, the global cognitive computing market was valued at US$ 30.67 Billion and is expected to reach US$ 360.55 Billion by 2024, expanding at a CAGR of 50.92% during the forecast period.

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Cognitive computing represents the third era of computing, we started from computers that could tabulate sums (1900s) to programmable systems (1950s), and now to cognitive systems.

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