Cognitive Services Market Key Findings by 2031
Cognitive Services is a set of machine learning, application programming interfaces (APIs), and artificial intelligence (AI) algorithms for building intelligent applications. The increasing demand for cognitive services to develop smarter products, make smarter decisions, build new variants of customer engagement, and improve the overall internal performance. Further, cognitive services offer various benefits such as streamline the business processes and help to achieve operational efficiencies and higher revenues by automating the various business processes, thereby increasing demand for the cognitive services market.
MARKET DYNAMICS
Cognitive services leverage the benefits of technologies, such as deep learning, machine learning, and NLP, to analyze trends that enable enterprises to develop applications that are capable of the understanding image, text, video, and audio data. Growing adoption of an IoT and artificial intelligence (AI) is one major factor triggering the growth of cognitive services market. However, lack of awareness across industries may restraint the growth of the cognitive services market. The rising use of cognitive services across vertical and increasing demand for intelligent APIs to build smarter applications is expected to provide lucrative opportunities for the cognitive services market during the forecast period.
MARKET SCOPE
The "Global Cognitive Services Market Analysis to 2031" is a specialized and in-depth study of the Cognitive services industry with a special focus on the global market trend analysis. The report aims to provide an overview cognitive services market with detailed market segmentation technology, service type, deployment type, application, end-user, and geography. The global cognitive services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cognitive services market player and offers key trends and opportunities in the Cognitive services market.
MARKET SEGMENTATION
The global Cognitive services Market is segmented on the basis of technology, service type, deployment type, application, end-user. On the basis of technology the market is segmented as machine learning, natural language processing. On the basis of service type the market is segmented as cloud and web-based application programming interface, data transformation, data integration and cognitive automation, cognitive risk intelligence, consulting and advisory, training and support, others. On the basis of deployment type the market is segmented as cloud, on-premises. On the basis of application the market is segmented as marketing analysis, safety and security management, supply chain management, predictive maintenance, quality management investigation and recommendation, diagnosis and treatment system, others. On the basis of end-user the market is segmented as BFSI, IT and telecom, government and education, retail, manufacturing, healthcare, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cognitive services market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cognitive services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Cognitive services market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the cognitive services market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cognitive services market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cognitive services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Cognitive services market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the cognitive services market in these regions.
MARKET PLAYERS
The reports cover key developments in the Cognitive services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Cognitive services market are anticipated to lucrative growth opportunities in the future with the rising demand for Cognitive services in the global market. Below mentioned is the list of few companies engaged in the cognitive services market.
The report also includes the profiles of key Cognitive services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amazon Web Services, Inc.
- Attivio
- BMC Software, Inc.
- IBM Corporation
- Microsoft Corporation
- Nokia Corporation
- Nuance Communications, Inc.
- Progress Software Corporation
- Softweb Solutions Inc. (Avnet, Inc.)
- Tallan, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cognitive Services Market - By Technology
1.3.2 Cognitive Services Market - By Service Type
1.3.3 Cognitive Services Market - By Deployment Type
1.3.4 Cognitive Services Market - By Application
1.3.5 Cognitive Services Market - By End-user
1.3.6 Cognitive Services Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COGNITIVE SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. COGNITIVE SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. COGNITIVE SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. COGNITIVE SERVICES - GLOBAL MARKET OVERVIEW
6.2. COGNITIVE SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. COGNITIVE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. MACHINE LEARNING
7.3.1. Overview
7.3.2. Machine Learning Market Forecast and Analysis
7.4. NATURAL LANGUAGE PROCESSING
7.4.1. Overview
7.4.2. Natural Language Processing Market Forecast and Analysis
8. COGNITIVE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
8.1. OVERVIEW
8.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3. CLOUD AND WEB-BASED APPLICATION PROGRAMMING INTERFACE
8.3.1. Overview
8.3.2. Cloud and Web-Based Application Programming Interface Market Forecast and Analysis
8.4. DATA TRANSFORMATION
8.4.1. Overview
8.4.2. Data Transformation Market Forecast and Analysis
8.5. DATA INTEGRATION AND COGNITIVE AUTOMATION
8.5.1. Overview
8.5.2. Data Integration and Cognitive Automation Market Forecast and Analysis
8.6. COGNITIVE RISK INTELLIGENCE
8.6.1. Overview
8.6.2. Cognitive Risk Intelligence Market Forecast and Analysis
8.7. CONSULTING AND ADVISORY
8.7.1. Overview
8.7.2. Consulting and Advisory Market Forecast and Analysis
8.8. TRAINING AND SUPPORT
8.8.1. Overview
8.8.2. Training and Support Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. COGNITIVE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
9.1. OVERVIEW
9.2. DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
9.3. CLOUD
9.3.1. Overview
9.3.2. Cloud Market Forecast and Analysis
9.4. ON-PREMISES
9.4.1. Overview
9.4.2. On-premises Market Forecast and Analysis
10. COGNITIVE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. MARKETING ANALYSIS
10.3.1. Overview
10.3.2. Marketing Analysis Market Forecast and Analysis
10.4. SAFETY AND SECURITY MANAGEMENT
10.4.1. Overview
10.4.2. Safety and Security Management Market Forecast and Analysis
10.5. SUPPLY CHAIN MANAGEMENT
10.5.1. Overview
10.5.2. Supply Chain Management Market Forecast and Analysis
10.6. PREDICTIVE MAINTENANCE
10.6.1. Overview
10.6.2. Predictive Maintenance Market Forecast and Analysis
10.7. QUALITY MANAGEMENT INVESTIGATION AND RECOMMENDATION
10.7.1. Overview
10.7.2. Quality Management Investigation and Recommendation Market Forecast and Analysis
10.8. DIAGNOSIS AND TREATMENT SYSTEM
10.8.1. Overview
10.8.2. Diagnosis and Treatment System Market Forecast and Analysis
10.9. OTHERS
10.9.1. Overview
10.9.2. Others Market Forecast and Analysis
11. COGNITIVE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
11.1. OVERVIEW
11.2. END-USER MARKET FORECASTS AND ANALYSIS
11.3. BFSI
11.3.1. Overview
11.3.2. BFSI Market Forecast and Analysis
11.4. IT AND TELECOM
11.4.1. Overview
11.4.2. IT and Telecom Market Forecast and Analysis
11.5. GOVERNMENT AND EDUCATION
11.5.1. Overview
11.5.2. Government and Education Market Forecast and Analysis
11.6. RETAIL
11.6.1. Overview
11.6.2. Retail Market Forecast and Analysis
11.7. MANUFACTURING
11.7.1. Overview
11.7.2. Manufacturing Market Forecast and Analysis
11.8. HEALTHCARE
11.8.1. Overview
11.8.2. Healthcare Market Forecast and Analysis
11.9. OTHERS
11.9.1. Overview
11.9.2. Others Market Forecast and Analysis
12. COGNITIVE SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Cognitive Services Market Overview
12.1.2 North America Cognitive Services Market Forecasts and Analysis
12.1.3 North America Cognitive Services Market Forecasts and Analysis - By Technology
12.1.4 North America Cognitive Services Market Forecasts and Analysis - By Service Type
12.1.5 North America Cognitive Services Market Forecasts and Analysis - By Deployment Type
12.1.6 North America Cognitive Services Market Forecasts and Analysis - By Application
12.1.7 North America Cognitive Services Market Forecasts and Analysis - By End-user
12.1.8 North America Cognitive Services Market Forecasts and Analysis - By Countries
12.1.8.1 United States Cognitive Services Market
12.1.8.1.1 United States Cognitive Services Market by Technology
12.1.8.1.2 United States Cognitive Services Market by Service Type
12.1.8.1.3 United States Cognitive Services Market by Deployment Type
12.1.8.1.4 United States Cognitive Services Market by Application
12.1.8.1.5 United States Cognitive Services Market by End-user
12.1.8.2 Canada Cognitive Services Market
12.1.8.2.1 Canada Cognitive Services Market by Technology
12.1.8.2.2 Canada Cognitive Services Market by Service Type
12.1.8.2.3 Canada Cognitive Services Market by Deployment Type
12.1.8.2.4 Canada Cognitive Services Market by Application
12.1.8.2.5 Canada Cognitive Services Market by End-user
12.1.8.3 Mexico Cognitive Services Market
12.1.8.3.1 Mexico Cognitive Services Market by Technology
12.1.8.3.2 Mexico Cognitive Services Market by Service Type
12.1.8.3.3 Mexico Cognitive Services Market by Deployment Type
12.1.8.3.4 Mexico Cognitive Services Market by Application
12.1.8.3.5 Mexico Cognitive Services Market by End-user
12.2. EUROPE
12.2.1 Europe Cognitive Services Market Overview
12.2.2 Europe Cognitive Services Market Forecasts and Analysis
12.2.3 Europe Cognitive Services Market Forecasts and Analysis - By Technology
12.2.4 Europe Cognitive Services Market Forecasts and Analysis - By Service Type
12.2.5 Europe Cognitive Services Market Forecasts and Analysis - By Deployment Type
12.2.6 Europe Cognitive Services Market Forecasts and Analysis - By Application
12.2.7 Europe Cognitive Services Market Forecasts and Analysis - By End-user
12.2.8 Europe Cognitive Services Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Cognitive Services Market
12.2.8.1.1 Germany Cognitive Services Market by Technology
12.2.8.1.2 Germany Cognitive Services Market by Service Type
12.2.8.1.3 Germany Cognitive Services Market by Deployment Type
12.2.8.1.4 Germany Cognitive Services Market by Application
12.2.8.1.5 Germany Cognitive Services Market by End-user
12.2.8.2 France Cognitive Services Market
12.2.8.2.1 France Cognitive Services Market by Technology
12.2.8.2.2 France Cognitive Services Market by Service Type
12.2.8.2.3 France Cognitive Services Market by Deployment Type
12.2.8.2.4 France Cognitive Services Market by Application
12.2.8.2.5 France Cognitive Services Market by End-user
12.2.8.3 Italy Cognitive Services Market
12.2.8.3.1 Italy Cognitive Services Market by Technology
12.2.8.3.2 Italy Cognitive Services Market by Service Type
12.2.8.3.3 Italy Cognitive Services Market by Deployment Type
12.2.8.3.4 Italy Cognitive Services Market by Application
12.2.8.3.5 Italy Cognitive Services Market by End-user
12.2.8.4 United Kingdom Cognitive Services Market
12.2.8.4.1 United Kingdom Cognitive Services Market by Technology
12.2.8.4.2 United Kingdom Cognitive Services Market by Service Type
12.2.8.4.3 United Kingdom Cognitive Services Market by Deployment Type
12.2.8.4.4 United Kingdom Cognitive Services Market by Application
12.2.8.4.5 United Kingdom Cognitive Services Market by End-user
12.2.8.5 Russia Cognitive Services Market
12.2.8.5.1 Russia Cognitive Services Market by Technology
12.2.8.5.2 Russia Cognitive Services Market by Service Type
12.2.8.5.3 Russia Cognitive Services Market by Deployment Type
12.2.8.5.4 Russia Cognitive Services Market by Application
12.2.8.5.5 Russia Cognitive Services Market by End-user
12.2.8.6 Rest of Europe Cognitive Services Market
12.2.8.6.1 Rest of Europe Cognitive Services Market by Technology
12.2.8.6.2 Rest of Europe Cognitive Services Market by Service Type
12.2.8.6.3 Rest of Europe Cognitive Services Market by Deployment Type
12.2.8.6.4 Rest of Europe Cognitive Services Market by Application
12.2.8.6.5 Rest of Europe Cognitive Services Market by End-user
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Cognitive Services Market Overview
12.3.2 Asia-Pacific Cognitive Services Market Forecasts and Analysis
12.3.3 Asia-Pacific Cognitive Services Market Forecasts and Analysis - By Technology
12.3.4 Asia-Pacific Cognitive Services Market Forecasts and Analysis - By Service Type
12.3.5 Asia-Pacific Cognitive Services Market Forecasts and Analysis - By Deployment Type
12.3.6 Asia-Pacific Cognitive Services Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific Cognitive Services Market Forecasts and Analysis - By End-user
12.3.8 Asia-Pacific Cognitive Services Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Cognitive Services Market
12.3.8.1.1 Australia Cognitive Services Market by Technology
12.3.8.1.2 Australia Cognitive Services Market by Service Type
12.3.8.1.3 Australia Cognitive Services Market by Deployment Type
12.3.8.1.4 Australia Cognitive Services Market by Application
12.3.8.1.5 Australia Cognitive Services Market by End-user
12.3.8.2 China Cognitive Services Market
12.3.8.2.1 China Cognitive Services Market by Technology
12.3.8.2.2 China Cognitive Services Market by Service Type
12.3.8.2.3 China Cognitive Services Market by Deployment Type
12.3.8.2.4 China Cognitive Services Market by Application
12.3.8.2.5 China Cognitive Services Market by End-user
12.3.8.3 India Cognitive Services Market
12.3.8.3.1 India Cognitive Services Market by Technology
12.3.8.3.2 India Cognitive Services Market by Service Type
12.3.8.3.3 India Cognitive Services Market by Deployment Type
12.3.8.3.4 India Cognitive Services Market by Application
12.3.8.3.5 India Cognitive Services Market by End-user
12.3.8.4 Japan Cognitive Services Market
12.3.8.4.1 Japan Cognitive Services Market by Technology
12.3.8.4.2 Japan Cognitive Services Market by Service Type
12.3.8.4.3 Japan Cognitive Services Market by Deployment Type
12.3.8.4.4 Japan Cognitive Services Market by Application
12.3.8.4.5 Japan Cognitive Services Market by End-user
12.3.8.5 South Korea Cognitive Services Market
12.3.8.5.1 South Korea Cognitive Services Market by Technology
12.3.8.5.2 South Korea Cognitive Services Market by Service Type
12.3.8.5.3 South Korea Cognitive Services Market by Deployment Type
12.3.8.5.4 South Korea Cognitive Services Market by Application
12.3.8.5.5 South Korea Cognitive Services Market by End-user
12.3.8.6 Rest of Asia-Pacific Cognitive Services Market
12.3.8.6.1 Rest of Asia-Pacific Cognitive Services Market by Technology
12.3.8.6.2 Rest of Asia-Pacific Cognitive Services Market by Service Type
12.3.8.6.3 Rest of Asia-Pacific Cognitive Services Market by Deployment Type
12.3.8.6.4 Rest of Asia-Pacific Cognitive Services Market by Application
12.3.8.6.5 Rest of Asia-Pacific Cognitive Services Market by End-user
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Cognitive Services Market Overview
12.4.2 Middle East and Africa Cognitive Services Market Forecasts and Analysis
12.4.3 Middle East and Africa Cognitive Services Market Forecasts and Analysis - By Technology
12.4.4 Middle East and Africa Cognitive Services Market Forecasts and Analysis - By Service Type
12.4.5 Middle East and Africa Cognitive Services Market Forecasts and Analysis - By Deployment Type
12.4.6 Middle East and Africa Cognitive Services Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa Cognitive Services Market Forecasts and Analysis - By End-user
12.4.8 Middle East and Africa Cognitive Services Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Cognitive Services Market
12.4.8.1.1 South Africa Cognitive Services Market by Technology
12.4.8.1.2 South Africa Cognitive Services Market by Service Type
12.4.8.1.3 South Africa Cognitive Services Market by Deployment Type
12.4.8.1.4 South Africa Cognitive Services Market by Application
12.4.8.1.5 South Africa Cognitive Services Market by End-user
12.4.8.2 Saudi Arabia Cognitive Services Market
12.4.8.2.1 Saudi Arabia Cognitive Services Market by Technology
12.4.8.2.2 Saudi Arabia Cognitive Services Market by Service Type
12.4.8.2.3 Saudi Arabia Cognitive Services Market by Deployment Type
12.4.8.2.4 Saudi Arabia Cognitive Services Market by Application
12.4.8.2.5 Saudi Arabia Cognitive Services Market by End-user
12.4.8.3 U.A.E Cognitive Services Market
12.4.8.3.1 U.A.E Cognitive Services Market by Technology
12.4.8.3.2 U.A.E Cognitive Services Market by Service Type
12.4.8.3.3 U.A.E Cognitive Services Market by Deployment Type
12.4.8.3.4 U.A.E Cognitive Services Market by Application
12.4.8.3.5 U.A.E Cognitive Services Market by End-user
12.4.8.4 Rest of Middle East and Africa Cognitive Services Market
12.4.8.4.1 Rest of Middle East and Africa Cognitive Services Market by Technology
12.4.8.4.2 Rest of Middle East and Africa Cognitive Services Market by Service Type
12.4.8.4.3 Rest of Middle East and Africa Cognitive Services Market by Deployment Type
12.4.8.4.4 Rest of Middle East and Africa Cognitive Services Market by Application
12.4.8.4.5 Rest of Middle East and Africa Cognitive Services Market by End-user
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Cognitive Services Market Overview
12.5.2 South and Central America Cognitive Services Market Forecasts and Analysis
12.5.3 South and Central America Cognitive Services Market Forecasts and Analysis - By Technology
12.5.4 South and Central America Cognitive Services Market Forecasts and Analysis - By Service Type
12.5.5 South and Central America Cognitive Services Market Forecasts and Analysis - By Deployment Type
12.5.6 South and Central America Cognitive Services Market Forecasts and Analysis - By Application
12.5.7 South and Central America Cognitive Services Market Forecasts and Analysis - By End-user
12.5.8 South and Central America Cognitive Services Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Cognitive Services Market
12.5.8.1.1 Brazil Cognitive Services Market by Technology
12.5.8.1.2 Brazil Cognitive Services Market by Service Type
12.5.8.1.3 Brazil Cognitive Services Market by Deployment Type
12.5.8.1.4 Brazil Cognitive Services Market by Application
12.5.8.1.5 Brazil Cognitive Services Market by End-user
12.5.8.2 Argentina Cognitive Services Market
12.5.8.2.1 Argentina Cognitive Services Market by Technology
12.5.8.2.2 Argentina Cognitive Services Market by Service Type
12.5.8.2.3 Argentina Cognitive Services Market by Deployment Type
12.5.8.2.4 Argentina Cognitive Services Market by Application
12.5.8.2.5 Argentina Cognitive Services Market by End-user
12.5.8.3 Rest of South and Central America Cognitive Services Market
12.5.8.3.1 Rest of South and Central America Cognitive Services Market by Technology
12.5.8.3.2 Rest of South and Central America Cognitive Services Market by Service Type
12.5.8.3.3 Rest of South and Central America Cognitive Services Market by Deployment Type
12.5.8.3.4 Rest of South and Central America Cognitive Services Market by Application
12.5.8.3.5 Rest of South and Central America Cognitive Services Market by End-user
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. COGNITIVE SERVICES MARKET, KEY COMPANY PROFILES
14.1. AMAZON WEB SERVICES, INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. ATTIVIO
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. BMC SOFTWARE, INC.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. IBM CORPORATION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. MICROSOFT CORPORATION
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. NOKIA CORPORATION
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. NUANCE COMMUNICATIONS, INC.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. PROGRESS SOFTWARE CORPORATION
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SOFTWEB SOLUTIONS INC. (AVNET, INC.)
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. TALLAN, INC.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Amazon Web Services, Inc.
2. Attivio
3. BMC Software, Inc.
4. IBM Corporation
5. Microsoft Corporation
6. Nokia Corporation
7. Nuance Communications, Inc.
8. Progress Software Corporation
9. Softweb Solutions Inc. (Avnet, Inc.)
10. Tallan, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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