The global cognitive spending systems market is expected to grow from USD 3.5 billion in 2018 to USD 12.2 billion by 2030, at a CAGR of 18.6% during the forecast period. The growth of this market can be attributed to the increasing adoption of cognitive technologies in various industries such as banking, education industry, manufacturing industry, government and healthcare industry. Cognitive technologies are used for various purposes such as data analytics and machine learning which helps organizations make better decisions and improve their business processes with minimal human intervention.
Some Of The Growth Factors Of This Market:
- The Cognitive Spending Systems market is driven by factors such as increasing demand for cognitive spending systems, growing need for automation in the workplace, and increasing adoption of cognitive technologies in various industries.
- Increasing adoption of cognitive technologies in various industries will drive the growth of the Cognitive Spending Systems market during the forecast period.
- Increasing demand for cognitive spending systems will also drive growth in this market during the forecast period due to their ability to automate repetitive tasks and improve productivity levels among employees, thereby reducing costs incurred by organizations on hiring additional staff members or outsourcing these tasks to third-party vendors or contractors who charge higher rates than what an organization would have paid its own employees if they were not using a cognitive spending system.
- Growing need for automation in workplaces will also fuel growth in this market during the forecast period due to their ability to reduce human error and increase efficiency levels among employees.
Industry Growth Insights published a new data on “Cognitive Spending Systems Market”. The research report is titled “Cognitive Spending Systems Market research by Types (Hardware Systems, Software Systems, Services Systems), By Applications (Banking, Education Industry, Manufacturing Industry, Government, Healthcare Industry, Other), By Players/Companies IBM, Accenture, HP, Microsoft, Intel Corporation, Attivio, Wipro, COGNITIVE SCALE, IPSOFT”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cognitive Spending Systems Market Research Report
By Type
Hardware Systems, Software Systems, Services Systems
By Application
Banking, Education Industry, Manufacturing Industry, Government, Healthcare Industry, Other
By Companies
IBM, Accenture, HP, Microsoft, Intel Corporation, Attivio, Wipro, COGNITIVE SCALE, IPSOFT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Cognitive Spending Systems Market Report Segments:
The global Cognitive Spending Systems market is segmented on the basis of:
Types
Hardware Systems, Software Systems, Services Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banking, Education Industry, Manufacturing Industry, Government, Healthcare Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Accenture
- HP
- Microsoft
- Intel Corporation
- Attivio
- Wipro
- COGNITIVE SCALE
- IPSOFT
Highlights of The Cognitive Spending Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware Systems
- Software Systems
- Services Systems
- By Application:
- Banking
- Education Industry
- Manufacturing Industry
- Government
- Healthcare Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cognitive Spending Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cognitive spending systems are a type of budgeting system that helps people to better understand and manage their money by breaking it down into smaller, more manageable chunks. This system encourages people to think about their finances in a more holistic way, which can help them make smarter decisions about how to spend their money.
Some of the major players in the cognitive spending systems market are IBM, Accenture, HP, Microsoft, Intel Corporation, Attivio, Wipro, COGNITIVE SCALE, IPSOFT.
The cognitive spending systems market is expected to grow at a compound annual growth rate of 18.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cognitive Spending Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cognitive Spending Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cognitive Spending Systems Market - Supply Chain
4.5. Global Cognitive Spending Systems Market Forecast
4.5.1. Cognitive Spending Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cognitive Spending Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cognitive Spending Systems Market Absolute $ Opportunity
5. Global Cognitive Spending Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cognitive Spending Systems Market Size and Volume Forecast by Type
5.3.1. Hardware Systems
5.3.2. Software Systems
5.3.3. Services Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cognitive Spending Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cognitive Spending Systems Market Size and Volume Forecast by Application
6.3.1. Banking
6.3.2. Education Industry
6.3.3. Manufacturing Industry
6.3.4. Government
6.3.5. Healthcare Industry
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cognitive Spending Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cognitive Spending Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cognitive Spending Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cognitive Spending Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cognitive Spending Systems Demand Share Forecast, 2019-2029
9. North America Cognitive Spending Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cognitive Spending Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cognitive Spending Systems Market Size and Volume Forecast by Application
9.4.1. Banking
9.4.2. Education Industry
9.4.3. Manufacturing Industry
9.4.4. Government
9.4.5. Healthcare Industry
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cognitive Spending Systems Market Size and Volume Forecast by Type
9.7.1. Hardware Systems
9.7.2. Software Systems
9.7.3. Services Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cognitive Spending Systems Demand Share Forecast, 2019-2029
10. Latin America Cognitive Spending Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cognitive Spending Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cognitive Spending Systems Market Size and Volume Forecast by Application
10.4.1. Banking
10.4.2. Education Industry
10.4.3. Manufacturing Industry
10.4.4. Government
10.4.5. Healthcare Industry
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cognitive Spending Systems Market Size and Volume Forecast by Type
10.7.1. Hardware Systems
10.7.2. Software Systems
10.7.3. Services Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cognitive Spending Systems Demand Share Forecast, 2019-2029
11. Europe Cognitive Spending Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cognitive Spending Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cognitive Spending Systems Market Size and Volume Forecast by Application
11.4.1. Banking
11.4.2. Education Industry
11.4.3. Manufacturing Industry
11.4.4. Government
11.4.5. Healthcare Industry
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cognitive Spending Systems Market Size and Volume Forecast by Type
1.7.1. Hardware Systems
11.7.2. Software Systems
11.7.3. Services Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cognitive Spending Systems Demand Share, 2019-2029
12. Asia Pacific Cognitive Spending Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cognitive Spending Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cognitive Spending Systems Market Size and Volume Forecast by Application
12.4.1. Banking
12.4.2. Education Industry
12.4.3. Manufacturing Industry
12.4.4. Government
12.4.5. Healthcare Industry
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cognitive Spending Systems Market Size and Volume Forecast by Type
12.7.1. Hardware Systems
12.7.2. Software Systems
12.7.3. Services Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cognitive Spending Systems Demand Share, 2019-2029
13. Middle East & Africa Cognitive Spending Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cognitive Spending Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cognitive Spending Systems Market Size and Volume Forecast by Application
13.4.1. Banking
13.4.2. Education Industry
13.4.3. Manufacturing Industry
13.4.4. Government
13.4.5. Healthcare Industry
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cognitive Spending Systems Market Size and Volume Forecast by Type
13.7.1. Hardware Systems
13.7.2. Software Systems
13.7.3. Services Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cognitive Spending Systems Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cognitive Spending Systems Market: Market Share Analysis
14.2. Cognitive Spending Systems Distributors and Customers
14.3. Cognitive Spending Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Accenture
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Microsoft
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Intel Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Attivio
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wipro
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COGNITIVE SCALE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IPSOFT
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
