Global Cognitive Data Management Market, By Component (Solutions and Services), Business Function (Operations, Sales and Marketing, Finance, Legal, and Human Resource), Deployment Type (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Vertical (Banking, Financial Services and Insurance, Healthcare and Pharmaceuticals, Manufacturing, Telecom, IT and Media, Government and Legal Services and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Cognitive Data Management Market
Cognitive data management market is expected to grow at a CAGR of 21.5% in the forecast period of 2020 to 2027. Data Bridge Market Research report on cognitive data management market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The cognitive data management helps in looking for leverages as the recent advancements has been made in the computing of cognitive technology in order to do all the activities manually within data management. The volume of complex data is also increasing because of the development of technologies.
The rise in IoT based devices, rise in adoption of cognitive computing technology, increase in the volume of complex data are the factors driving the growth of the cognitive data management market. Prevailing data security and complex analytical process are the factors restraining the growth of the cognitive data management market.
Increasing adoption of cloud technology acts as an opportunity of the cognitive data management market. Lack of skilled workforce is one of the challenges faced by the cognitive data management market.
This cognitive data management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cognitive data management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cognitive Data Management Market Scope and Market Size
Cognitive data management market is segmented on the basis of component, business function, deployment type, organization size and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the cognitive data management market is segmented into solutions and services. Solutions are sub-segmented into data integration and migration, data governance and quality and others. Services are sub-segmented into consulting services, integration services and support and maintenance services.
- Based on business function, the cognitive data management market is segmented into operations, sales and marketing, finance, legal and human resource.
- Based on deployment type, the cognitive data management market is segmented into on-premises and cloud.
- Based on organization size, the cognitive data management market is segmented into small and medium enterprises and large enterprises.
- Based on vertical, the cognitive data management market is segmented into banking, financial services and insurance, healthcare and pharmaceuticals, manufacturing, telecom, IT and media, Government and legal services and others. Each segment is further segmented into use case and data source.
Cognitive Data Management Market Country Level Analysis
Cognitive data management market is analysed and market size, volume information is provided by country, component, business function, deployment type, organization size and vertical as referenced above.
The countries covered in the cognitive data management market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the cognitive data management market because of the various factors that are expected to contribute to the growth of the cognitive data management market across the region. These factors consists of growing investments in cognitive technologies by market players, increasing adoption and government support towards artificial intelligence (AI), increase in the advancements in infrastructure, growing digital transformations and increasing IT budgets.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cognitive Data Management Market Share Analysis
Cognitive data management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cognitive data management market.
The major players covered in the cognitive data management market report are Veritas, Wipro, Datum, Reltio, Talend, HPE, Oracle, Saksoft, Snaplogic, Strongbox, Expert System, Cogntivescale, IBM Corporation, SAP SE, SAS, Infosys among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.