Cognitive Systems Market Developments by 2031
The cognitive system replaces the human thought process with a simulated digital model. It encompasses technologies such as machine learning, automated reasoning, natural language processing, and others, which are used in translating unstructured data to sense, infer, and predict the best solution. Growing usage of artificial intelligence in various industry verticals and constant advancement in data processing technology are the major factors propelling the growth of the cognitive systems market.
MARKET DYNAMICS
Developments of a machine to machine (M2M) technologies, an increase in demand for big data analytics, and a rise in demand for better customer experience is the significant factor boosting the growth of the cognitive systems market. However, security issues, lack of skilled labor, and complex learning may restraint the growth of the cognitive systems market. Moreover, the emergence of smarter robots and emotion detection systems, increasing unstructured data, and growing demand for predictive analytics are expected to influence the growth of the cognitive systems market.
MARKET SCOPE
The Global Cognitive Systems Market Analysis to 2031 is a specialized and in-depth study of the Cognitive systems industry with a special focus on the global market trend analysis. The report aims to provide an overview Cognitive systems market with detailed market segmentation as component, technology, enterprise size, deployment type, end-user, and geography. The global cognitive systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cognitive systems market players and offers key trends and opportunities in the cognitive systems market.
MARKET SEGMENTATION
The global cognitive systems market is segmented on the basis of component, technology, enterprise size, deployment type, end-user. On the basis of component the market is segmented as solution, services. On the basis of technology the market is segmented as machine learning, natural language processing, automated reasoning, others. On the basis of enterprise size the market is segmented as small and medium enterprises, large enterprises. On the basis of deployment type the market is segmented as cloud, on-premise. On the basis of end-user the market is segmented as BFSI, healthcare, retail, it and telecommunication, 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 systems 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 systems 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 systems 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 systems market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 systems 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 systems 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 systems 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 systems market in these regions.
MARKET PLAYERS
The reports cover key developments in the cognitive systems 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 systems market are anticipated to lucrative growth opportunities in the future with the rising demand for cognitive systems in the global market. Below mentioned is the list of few companies engaged in the cognitive systems market.
The report also includes the profiles of key cognitive systems 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.
- Accenture
- Alteryx Inc.
- Attivio
- Cognizant
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- SYNECHRON
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
1.3.1Cognitive Systems Market - By Component
1.3.2Cognitive Systems Market - By Technology
1.3.3Cognitive Systems Market - By Enterprise Size
1.3.4Cognitive Systems Market - By Deployment Type
1.3.5Cognitive Systems Market - By End-user
1.3.6Cognitive Systems Market - By Region
1.3.6.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.COGNITIVE SYSTEMS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.COGNITIVE SYSTEMS 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 SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1.COGNITIVE SYSTEMS - GLOBAL MARKET OVERVIEW
6.2.COGNITIVE SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.COGNITIVE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 " COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.SOLUTION
7.3.1.Overview
7.3.2.Solution Market Forecast and Analysis
7.4.SERVICES
7.4.1.Overview
7.4.2.Services Market Forecast and Analysis
8.COGNITIVE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 " TECHNOLOGY
8.1.OVERVIEW
8.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3.MACHINE LEARNING
8.3.1.Overview
8.3.2.Machine Learning Market Forecast and Analysis
8.4.NATURAL LANGUAGE PROCESSING
8.4.1.Overview
8.4.2.Natural Language Processing Market Forecast and Analysis
8.5.AUTOMATED REASONING
8.5.1.Overview
8.5.2.Automated Reasoning Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.COGNITIVE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 " ENTERPRISE SIZE
9.1.OVERVIEW
9.2.ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3.SMALL AND MEDIUM ENTERPRISES
9.3.1.Overview
9.3.2.Small and Medium Enterprises Market Forecast and Analysis
9.4.LARGE ENTERPRISES
9.4.1.Overview
9.4.2.Large Enterprises Market Forecast and Analysis
10.COGNITIVE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 " DEPLOYMENT TYPE
10.1.OVERVIEW
10.2.DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
10.3.CLOUD
10.3.1.Overview
10.3.2.Cloud Market Forecast and Analysis
10.4.ON-PREMISE
10.4.1.Overview
10.4.2.On-Premise Market Forecast and Analysis
11.COGNITIVE SYSTEMS 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.HEALTHCARE
11.4.1.Overview
11.4.2.Healthcare Market Forecast and Analysis
11.5.RETAIL
11.5.1.Overview
11.5.2.Retail Market Forecast and Analysis
11.6.IT AND TELECOMMUNICATION
11.6.1.Overview
11.6.2.IT and Telecommunication Market Forecast and Analysis
11.7.OTHERS
11.7.1.Overview
11.7.2.Others Market Forecast and Analysis
12.COGNITIVE SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Cognitive Systems Market Overview
12.1.2North America Cognitive Systems Market Forecasts and Analysis
12.1.3North America Cognitive Systems Market Forecasts and Analysis - By Component
12.1.4North America Cognitive Systems Market Forecasts and Analysis - By Technology
12.1.5North America Cognitive Systems Market Forecasts and Analysis - By Enterprise Size
12.1.6North America Cognitive Systems Market Forecasts and Analysis - By Deployment Type
12.1.7North America Cognitive Systems Market Forecasts and Analysis - By End-user
12.1.8North America Cognitive Systems Market Forecasts and Analysis - By Countries
12.1.8.1United States Cognitive Systems Market
12.1.8.1.1United States Cognitive Systems Market by Component
12.1.8.1.2United States Cognitive Systems Market by Technology
12.1.8.1.3United States Cognitive Systems Market by Enterprise Size
12.1.8.1.4United States Cognitive Systems Market by Deployment Type
12.1.8.1.5United States Cognitive Systems Market by End-user
12.1.8.2Canada Cognitive Systems Market
12.1.8.2.1Canada Cognitive Systems Market by Component
12.1.8.2.2Canada Cognitive Systems Market by Technology
12.1.8.2.3Canada Cognitive Systems Market by Enterprise Size
12.1.8.2.4Canada Cognitive Systems Market by Deployment Type
12.1.8.2.5Canada Cognitive Systems Market by End-user
12.1.8.3Mexico Cognitive Systems Market
12.1.8.3.1Mexico Cognitive Systems Market by Component
12.1.8.3.2Mexico Cognitive Systems Market by Technology
12.1.8.3.3Mexico Cognitive Systems Market by Enterprise Size
12.1.8.3.4Mexico Cognitive Systems Market by Deployment Type
12.1.8.3.5Mexico Cognitive Systems Market by End-user
12.2.EUROPE
12.2.1Europe Cognitive Systems Market Overview
12.2.2Europe Cognitive Systems Market Forecasts and Analysis
12.2.3Europe Cognitive Systems Market Forecasts and Analysis - By Component
12.2.4Europe Cognitive Systems Market Forecasts and Analysis - By Technology
12.2.5Europe Cognitive Systems Market Forecasts and Analysis - By Enterprise Size
12.2.6Europe Cognitive Systems Market Forecasts and Analysis - By Deployment Type
12.2.7Europe Cognitive Systems Market Forecasts and Analysis - By End-user
12.2.8Europe Cognitive Systems Market Forecasts and Analysis - By Countries
12.2.8.1Germany Cognitive Systems Market
12.2.8.1.1Germany Cognitive Systems Market by Component
12.2.8.1.2Germany Cognitive Systems Market by Technology
12.2.8.1.3Germany Cognitive Systems Market by Enterprise Size
12.2.8.1.4Germany Cognitive Systems Market by Deployment Type
12.2.8.1.5Germany Cognitive Systems Market by End-user
12.2.8.2France Cognitive Systems Market
12.2.8.2.1France Cognitive Systems Market by Component
12.2.8.2.2France Cognitive Systems Market by Technology
12.2.8.2.3France Cognitive Systems Market by Enterprise Size
12.2.8.2.4France Cognitive Systems Market by Deployment Type
12.2.8.2.5France Cognitive Systems Market by End-user
12.2.8.3Italy Cognitive Systems Market
12.2.8.3.1Italy Cognitive Systems Market by Component
12.2.8.3.2Italy Cognitive Systems Market by Technology
12.2.8.3.3Italy Cognitive Systems Market by Enterprise Size
12.2.8.3.4Italy Cognitive Systems Market by Deployment Type
12.2.8.3.5Italy Cognitive Systems Market by End-user
12.2.8.4United Kingdom Cognitive Systems Market
12.2.8.4.1United Kingdom Cognitive Systems Market by Component
12.2.8.4.2United Kingdom Cognitive Systems Market by Technology
12.2.8.4.3United Kingdom Cognitive Systems Market by Enterprise Size
12.2.8.4.4United Kingdom Cognitive Systems Market by Deployment Type
12.2.8.4.5United Kingdom Cognitive Systems Market by End-user
12.2.8.5Russia Cognitive Systems Market
12.2.8.5.1Russia Cognitive Systems Market by Component
12.2.8.5.2Russia Cognitive Systems Market by Technology
12.2.8.5.3Russia Cognitive Systems Market by Enterprise Size
12.2.8.5.4Russia Cognitive Systems Market by Deployment Type
12.2.8.5.5Russia Cognitive Systems Market by End-user
12.2.8.6Rest of Europe Cognitive Systems Market
12.2.8.6.1Rest of Europe Cognitive Systems Market by Component
12.2.8.6.2Rest of Europe Cognitive Systems Market by Technology
12.2.8.6.3Rest of Europe Cognitive Systems Market by Enterprise Size
12.2.8.6.4Rest of Europe Cognitive Systems Market by Deployment Type
12.2.8.6.5Rest of Europe Cognitive Systems Market by End-user
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Cognitive Systems Market Overview
12.3.2Asia-Pacific Cognitive Systems Market Forecasts and Analysis
12.3.3Asia-Pacific Cognitive Systems Market Forecasts and Analysis - By Component
12.3.4Asia-Pacific Cognitive Systems Market Forecasts and Analysis - By Technology
12.3.5Asia-Pacific Cognitive Systems Market Forecasts and Analysis - By Enterprise Size
12.3.6Asia-Pacific Cognitive Systems Market Forecasts and Analysis - By Deployment Type
12.3.7Asia-Pacific Cognitive Systems Market Forecasts and Analysis - By End-user
12.3.8Asia-Pacific Cognitive Systems Market Forecasts and Analysis - By Countries
12.3.8.1Australia Cognitive Systems Market
12.3.8.1.1Australia Cognitive Systems Market by Component
12.3.8.1.2Australia Cognitive Systems Market by Technology
12.3.8.1.3Australia Cognitive Systems Market by Enterprise Size
12.3.8.1.4Australia Cognitive Systems Market by Deployment Type
12.3.8.1.5Australia Cognitive Systems Market by End-user
12.3.8.2China Cognitive Systems Market
12.3.8.2.1China Cognitive Systems Market by Component
12.3.8.2.2China Cognitive Systems Market by Technology
12.3.8.2.3China Cognitive Systems Market by Enterprise Size
12.3.8.2.4China Cognitive Systems Market by Deployment Type
12.3.8.2.5China Cognitive Systems Market by End-user
12.3.8.3India Cognitive Systems Market
12.3.8.3.1India Cognitive Systems Market by Component
12.3.8.3.2India Cognitive Systems Market by Technology
12.3.8.3.3India Cognitive Systems Market by Enterprise Size
12.3.8.3.4India Cognitive Systems Market by Deployment Type
12.3.8.3.5India Cognitive Systems Market by End-user
12.3.8.4Japan Cognitive Systems Market
12.3.8.4.1Japan Cognitive Systems Market by Component
12.3.8.4.2Japan Cognitive Systems Market by Technology
12.3.8.4.3Japan Cognitive Systems Market by Enterprise Size
12.3.8.4.4Japan Cognitive Systems Market by Deployment Type
12.3.8.4.5Japan Cognitive Systems Market by End-user
12.3.8.5South Korea Cognitive Systems Market
12.3.8.5.1South Korea Cognitive Systems Market by Component
12.3.8.5.2South Korea Cognitive Systems Market by Technology
12.3.8.5.3South Korea Cognitive Systems Market by Enterprise Size
12.3.8.5.4South Korea Cognitive Systems Market by Deployment Type
12.3.8.5.5South Korea Cognitive Systems Market by End-user
12.3.8.6Rest of Asia-Pacific Cognitive Systems Market
12.3.8.6.1Rest of Asia-Pacific Cognitive Systems Market by Component
12.3.8.6.2Rest of Asia-Pacific Cognitive Systems Market by Technology
12.3.8.6.3Rest of Asia-Pacific Cognitive Systems Market by Enterprise Size
12.3.8.6.4Rest of Asia-Pacific Cognitive Systems Market by Deployment Type
12.3.8.6.5Rest of Asia-Pacific Cognitive Systems Market by End-user
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Cognitive Systems Market Overview
12.4.2Middle East and Africa Cognitive Systems Market Forecasts and Analysis
12.4.3Middle East and Africa Cognitive Systems Market Forecasts and Analysis - By Component
12.4.4Middle East and Africa Cognitive Systems Market Forecasts and Analysis - By Technology
12.4.5Middle East and Africa Cognitive Systems Market Forecasts and Analysis - By Enterprise Size
12.4.6Middle East and Africa Cognitive Systems Market Forecasts and Analysis - By Deployment Type
12.4.7Middle East and Africa Cognitive Systems Market Forecasts and Analysis - By End-user
12.4.8Middle East and Africa Cognitive Systems Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Cognitive Systems Market
12.4.8.1.1South Africa Cognitive Systems Market by Component
12.4.8.1.2South Africa Cognitive Systems Market by Technology
12.4.8.1.3South Africa Cognitive Systems Market by Enterprise Size
12.4.8.1.4South Africa Cognitive Systems Market by Deployment Type
12.4.8.1.5South Africa Cognitive Systems Market by End-user
12.4.8.2Saudi Arabia Cognitive Systems Market
12.4.8.2.1Saudi Arabia Cognitive Systems Market by Component
12.4.8.2.2Saudi Arabia Cognitive Systems Market by Technology
12.4.8.2.3Saudi Arabia Cognitive Systems Market by Enterprise Size
12.4.8.2.4Saudi Arabia Cognitive Systems Market by Deployment Type
12.4.8.2.5Saudi Arabia Cognitive Systems Market by End-user
12.4.8.3U.A.E Cognitive Systems Market
12.4.8.3.1U.A.E Cognitive Systems Market by Component
12.4.8.3.2U.A.E Cognitive Systems Market by Technology
12.4.8.3.3U.A.E Cognitive Systems Market by Enterprise Size
12.4.8.3.4U.A.E Cognitive Systems Market by Deployment Type
12.4.8.3.5U.A.E Cognitive Systems Market by End-user
12.4.8.4Rest of Middle East and Africa Cognitive Systems Market
12.4.8.4.1Rest of Middle East and Africa Cognitive Systems Market by Component
12.4.8.4.2Rest of Middle East and Africa Cognitive Systems Market by Technology
12.4.8.4.3Rest of Middle East and Africa Cognitive Systems Market by Enterprise Size
12.4.8.4.4Rest of Middle East and Africa Cognitive Systems Market by Deployment Type
12.4.8.4.5Rest of Middle East and Africa Cognitive Systems Market by End-user
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Cognitive Systems Market Overview
12.5.2South and Central America Cognitive Systems Market Forecasts and Analysis
12.5.3South and Central America Cognitive Systems Market Forecasts and Analysis - By Component
12.5.4South and Central America Cognitive Systems Market Forecasts and Analysis - By Technology
12.5.5South and Central America Cognitive Systems Market Forecasts and Analysis - By Enterprise Size
12.5.6South and Central America Cognitive Systems Market Forecasts and Analysis - By Deployment Type
12.5.7South and Central America Cognitive Systems Market Forecasts and Analysis - By End-user
12.5.8South and Central America Cognitive Systems Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Cognitive Systems Market
12.5.8.1.1Brazil Cognitive Systems Market by Component
12.5.8.1.2Brazil Cognitive Systems Market by Technology
12.5.8.1.3Brazil Cognitive Systems Market by Enterprise Size
12.5.8.1.4Brazil Cognitive Systems Market by Deployment Type
12.5.8.1.5Brazil Cognitive Systems Market by End-user
12.5.8.2Argentina Cognitive Systems Market
12.5.8.2.1Argentina Cognitive Systems Market by Component
12.5.8.2.2Argentina Cognitive Systems Market by Technology
12.5.8.2.3Argentina Cognitive Systems Market by Enterprise Size
12.5.8.2.4Argentina Cognitive Systems Market by Deployment Type
12.5.8.2.5Argentina Cognitive Systems Market by End-user
12.5.8.3Rest of South and Central America Cognitive Systems Market
12.5.8.3.1Rest of South and Central America Cognitive Systems Market by Component
12.5.8.3.2Rest of South and Central America Cognitive Systems Market by Technology
12.5.8.3.3Rest of South and Central America Cognitive Systems Market by Enterprise Size
12.5.8.3.4Rest of South and Central America Cognitive Systems Market by Deployment Type
12.5.8.3.5Rest of South and Central America Cognitive Systems 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 SYSTEMS MARKET, KEY COMPANY PROFILES
14.1.ACCENTURE
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.ALTERYX INC.
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.ATTIVIO
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.COGNIZANT
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.IBM 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.MICROSOFT 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.ORACLE CORPORATION
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.SAP SE
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.SAS INSTITUTE 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.SYNECHRON
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. Accenture
2. Alteryx Inc.
3. Attivio
4. Cognizant
5. IBM Corporation
6. Microsoft Corporation
7. Oracle Corporation
8. SAP SE
9. SAS Institute Inc.
10. SYNECHRON
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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