Cognitive Data Management Market Share, Size, Trends, and Forecast by 2031

Cognitive data management facilitates to automate the manual activities in data management by the utilizing cognitive computing. This type of data management supports to reduce the administrative burden imposed by data management and thereby minimize errors. Owing to the technological advancements and the development of advanced tools and intelligent algorithms the data governance & management has become much easier, which is further boosting the demand for cognitive computing solutions among data-intensive industries that comprise banking, retail, manufacturing, and healthcare.
The factors such as the advancements in industrial IT infrastructure and widespread adoption of IoT-based devices among the enterprises are boosting them to adopt advanced data analytics & management solutions to process their data and extract actionable insights, which in turn are propelling the growth of the cognitive data management market. Moreover, the rising adoption of cloud technology and higher acceptance by SMEs are further expected to offer significant opportunities for the cognitive data management market to grow. However, the high deployment cost and integration of newer technologies within existing infrastructure are the major challenges that are anticipated to hamper the growth of the cognitive data management market.

The "Global Cognitive Data Management Market Analysis to 2031" is a specialized and in-depth study of the cognitive data management market with a focus on the global market trend. The report aims to provide an overview of the global cognitive data management market with detailed market segmentation by the solution, deployment mode, industry verticals, and geography. The global Cognitive data management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Cognitive data management market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cognitive data management market based on the solution, deployment mode, and industry verticals. It also provides market size and forecast till 2031 for overall cognitive data management market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the market in these regions. Further, the report also includes ecosystem analysis for the cognitive data management market.

Also, key Cognitive data management market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key development in the past five years. Some of the key players influencing the Cognitive data management market are IBM Corp., Salesforce.com, Inc., SAP SE, Informatica, Microsoft Corporation, Cognizant, HPE, Oracle Corporation, Attivio, and CognitiveScale, Inc. among others.

Cognitive Data Management Report Scope