Cognitive Media Market: Summary

The Global Cognitive Media Market is estimated to reach USD 2.1 Billion by 2025 at a CAGR of 26.8%, states forencis research (FSR).

Cognitive is a system which helps to interact with humans naturally. It is used for data mining, natural language processing and visual recognition. It can connect and understand things which help in decision making and problem-solving. Cognitive includes all conscious and unconscious process such as recognizing, perceiving and conceiving. Cognitive media helps in the understanding of the various products.

Cognitive Media Market: Drivers & Challenges

Market Drivers:

• Rising Demand for Cognitive Computing

Rising demand for cognitive computing technology in the media sector is projected to automate and simplify the workflow which will drive the cognitive media market. Also, the manual process which is time consuming and expensive work, therefore, to improve and enhance work efficiency the media sector is adopting the AI-based solution.

Hence, rising demand for cognitive computing is expected to surge the cognitive media market during the forecast period.

• Increasing Demand for Machine Learning

Machine learning helps media and advertising sector to predict customer demand by correlating the data. Also, machine learning enables the content writer to be more productive and efficient in the writing content which may help them to increase revenue streams. Natural language processing (NLP) and Natural Language Generation (NLG) are the two technologies used for content creation.

Therefore, increasing demand for machine learning is expected to drive the Cognitive Media Market during the forecast period

Market Challenges:

• Lack of Human Expertise

With new emerging technology a major limiting factor is the lack of human expertise for data privacy, artificial intelligence and for programming sector. Also, there is a limited number of professionals skilled in the AI market. Hence the lack of human expertise may hinder the growth of cognitive computing in the media sector.

Cognitive Media Market: Key Segments

• Based on Deployment Type: Cloud and On-Premises.
• Based on Technology Type: Natural Language Processing and Machine Learning and Deep Learning.
• Based on Component: Solution and Services
• Based on Application: Predictive Modelling, Forecasting, Document Analysis, Transcription, Fraud Detection, Online Gaming, Security Management and Others
• Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.  

Cognitive Media Market: Report Scope

The report on the cognitive media market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Key Companies Covered

• IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• Amazon.com, Inc.
• Microsoft Corporation
• Google LLC
• Salesforce.com, inc.
• Adobe Inc
• Baidu Research
• Veritone, Inc.
• Albert Corporation
• Other Key Companies

 Cognitive Media Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Cognitive Media Market, By Deployment Type

• Cloud
• On-Premises

Cognitive Media Market, By Technology Type

• Natural Language Processing
• Machine Learning and Deep Learning

Cognitive Media Market, By Component

• Solution
• Services

Cognitive Media Market, By Application

• Predictive Modelling
• Forecasting
• Document Analysis
• Transcription
• Fraud Detection
• Online Gaming
• Security Management
• Others

Cognitive Media Market, By Region

• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

• South America
  • Brazil
  • Argentina
  • Rest of South America

Key Questions answered by the report

• What are the leading developments impacting the global market and its growth?
• What will be the result of the developments in the global market in the industry and on the market players in the near and far future?
• What are the develop types of the global market?
• What are the emerging applications of the global market?
• What are the major characteristics that will influence the global market growth during the study period?
• Who are the key global players operating in the market?
• How are the major players leveraging in the actual global market conditions?

Report Audience

• Cognitive Media Market Providers
• Cognitive Media Market Solution and Services Suppliers, Distributors and Dealers
• End-Users of Varied Segments of Cognitive Media Market
• Government Bodies and Intellectual Institutions
• Associations and Industrial Organizations
• Research & Consulting Service Providers
• Research & Development Organizations 
• Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE COGNITIVE MEDIA MARKET STUDY