How large is the cognitive operations market, and what is its growth trajectory?
The cognitive operations market size has grown exponentially in recent years. It will grow from $13.17 billion in 2024 to $16.25 billion in 2025 at a compound annual growth rate (CAGR) of 23.4%. The growth in the historic period can be attributed to increasing cyber threats, rising incidents of cyberattacks, incident response challenges, growing sophistication of malware, global connectivity.
The cognitive operations market size is expected to see exponential growth in the next few years. It will grow to $34.65 billion in 2029 at a compound annual growth rate (CAGR) of 20.8%. The growth in the forecast period can be attributed to increasing adoption of iot, cloud security requirements, zero trust security models, evolving threat landscape, advanced persistent threats . Major trends in the forecast period include increased integration with cloud security, ai-driven threat intelligence, continuous adaptive risk and trust assessment, privacy-preserving technologies, collaborative threat intelligence sharing.
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What are the key forces behind the cognitive operations market’s growth in recent years?
The surge in digital transformation is expected to propel the growth of cognitive operations market going forward. Digital transformation refers to the strategic integration and optimization of digital technologies, data-driven processes and innovative business models to enhance operational efficiency, customer experiences and overall competitiveness within an organization. Digital transformation enhances cognitive operations by leveraging advanced technologies, such as artificial intelligence and machine learning, to automate routine tasks, analyze vast amounts of data for informed decision-making, and empower cognitive processes that lead to more adaptive, efficient, and intelligent business operations. For instance, in 2023, according to Eurostat, a Luxembourg-based statistical office of the European Union, in 2022, 70% of all EU businesses achieved a basic level of digital intensity, with small and medium-sized enterprises (SMEs) at 69%, about 20% points below the EU’s 2030 target, while large businesses reached 98%. Therefore, the surge in digital transformation is driving the growth of the cognitive operations market.
What are the major segments of the cognitive operations market?
The cognitive operations market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Organization Size: Large Enterprise, SMEs
3) By Deployment Mode: Cloud, On-Premises
4) By Application: IT Operations Analytics, Application Performance Management, Infrastructure Management, Network Analytics, Security Analytics, Other Applications
5) By Vertical: BFSI (Banking, Financial Services, And Insurance), Healthcare And Life Science, IT And Telecom, Retail And eCommerce, Manufacturing, Government, Media And Entertainment, Other Verticals
Subsegments:
1) By Solutions: Cognitive Analytics Tools, Machine Learning Solutions, Natural Language Processing (NLP) Solutions, Robotic Process Automation (RPA), Decision Management Systems
2) By Services: Consulting Services, Implementation And Integration Services, Managed Services, Training And Support Services
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Which companies dominate the cognitive operations market?
Major companies operating in the cognitive operations market report are Alphabet Inc., Microsoft Corporation, AppDynamics, International Business Machines Corporation (IBM), Cisco Systems Inc., Broadcom Inc., VMware Inc., ServiceNow Inc., SAS Institute Inc., Micro Focus International PLC, Splunk Inc., BMC Software, Inc., Palantir Technologies Inc., Dynatrace LLC, New Relic Inc., Sumo Logic, Kofax Inc., HCL Technologies, ScienceLogic Inc., CA Technologies, Corvil, Interlink Software Services Ltd., Bay Dynamics Inc., DEVO Technology Inc., Risc Networks, Loom Systems Inc., Correlata Solutions Inc., Cloudfabrix Software Inc., Logz.io, Zenoss Inc.
What major trends will shape the cognitive operations market during the forecast period?
Major companies operating in the cognitive operations market are developing new products, such as cognitive AI platforms, to gain a competitive edge in the market. A cognitive AI platform refers to an advanced technological system that integrates cognitive computing capabilities, such as machine learning, natural language processing and pattern recognition, to simulate human-like intelligence and decision-making processes. For instance, in November 2023, Burson Cohn & Wolfe, a US-based public relations company, launched the Decipher Index, a platform leveraging cognitive artificial intelligence (AI) to predict upcoming top global macro trends. Developed in collaboration with Limbik, a US-based cognitive AI company, the Decipher Index identifies over 20 macro themes and issues expected to shape global interest in the next 12 months, offering businesses and organizations valuable insights to anticipate and navigate potential crises or capitalize on emerging opportunities. The platform’s cognitive AI continuously analyzes data, providing weekly updates and regional rankings, with themes ranging from elections and artificial intelligence to sustainability and cultural issues. It aims to empower leaders with real-time information for proactive decision-making in a complex and transformative landscape.
What are the key regional dynamics of the cognitive operations market, and which region leads in market share?
North America was the largest region in the cognitive operations market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cognitive operations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Cognitive Operations Market Report 2025 Offer?
The cognitive operations market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Cognitive operations refer to processes and decisions within an organization that leverage cognitive capabilities, enabling them to sense, respond, and learn. Cognitive operations involve the way individuals acquire, process, store, and use information.
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