Market Overview:
The global cognitive operations market is expected to grow from USD 3.02 billion in 2018 to USD 10.01 billion by 2030, at a CAGR of 16.5% during the forecast period. The growth of the market can be attributed to the increasing demand for cognitive operations solutions across various industries, such as IT Operations Analytics (ITOA), Application Performance Management (APM), Infrastructure Management, Network Analytics, Security Analytics, and others. Furthermore, the need for reducing operational costs and improving business efficiency is also fueling the growth of this market. However, lack of awareness about cognitive operations solutions among end users is restraining the growth of this market to some extent.
Product Definition:
Cognitive operations are the mental processes that we use to think, learn, and remember. They include things like perception, attention, comprehension, and reasoning. Cognitive operations are important because they allow us to understand and interact with the world around us.
Cloud:
Cloud is a shared pool of data that can be easily accessed by any authorized user from anywhere in the world. It provides benefits such as on-demand availability of computing resources and low cost infrastructure. Cloud service providers offer various types of solutions based on the type of data, use cases, deployment models and industry verticals for processing Big Data.
On-premises:
On-premises is a term used for software and hardware installation at the organization's premise, in other words, at the client’s site. On-premises solutions offer benefits such as easy maintenance and customization of products.
Application Insights:
The application performance management segment dominated the global cognitive operations market in 2017. This can be attributed to the growing demand for automated solutions that help improve business productivity and efficiency. The IT Operations Analytics segment is expected to register a significant CAGR over the forecast period owing to its rising adoption across multiple industry verticals such as banking, financial services, and insurance (BFSI) and retail for monitoring & optimization of IT infrastructure.
The network analytics segment is anticipated to witness considerable growth over the forecast period owing to its rising adoption across numerous industries such as telecom & media, government, healthcare, transportation & logistics among others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in cloud computing, rising adoption of DevOps and IoT technologies, and growing demand for digital services across various industries. Moreover, presence of major technology players such as IBM Corporation; Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP; CA Technologies; VMWare Inc.; Microsoft Corporation; Google LLC has contributed significantly toward regional growth.
Asia Pacific is anticipated to emerge as the fastest-growing region over the next eight years owing to significant developments taking place at a rapid pace in countries such as China and India with their focus on developing smart cities with advanced infrastructure facilities coupled with advancements made by governments for providing high-speed internet access across rural areas are some of them’stargets'. Furthermore, increasing investments made by governments for deploying innovative solutions that enable efficient management of IT assets are also contributing toward regional growth.
Growth Factors:
- Increasing demand for cognitive computing and artificial intelligence (AI) across industries is expected to drive the growth of cognitive operations market.
- Proliferation of big data and emergence of Internet of Things (IoT) are anticipated to create new opportunities for the cognitive operations market over the forecast period.
- The increasing need for automation in various business processes is projected to fuel the growth of cognitive operations market during the forecast period.
- Rising demand for advanced analytics and machine learning is expected to propel the growth of cognitive operations market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cognitive Operations Market Research Report
By Type
Cloud, On-premises
By Application
IT Operations Analytics, Application Performance Management, Infrastructure Management, Network Analytics, Security Analytics, Others
By Companies
IBM, Broadcom, Micro Focus, VMware, Splunk, BMC Software, HCL Technologies, New Relic, Servicenow, Cloudfabrix, Loom Systems, Dynatrace, Devo, Logz.Io, Corvil, Interlink Software Services, Correlata, Science Logic, Sumo Logic, Risc Networks, Bay Dynamics, Appdynamics, Zenoss
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Cognitive Operations Market Report Segments:
The global Cognitive Operations market is segmented on the basis of:
Types
Cloud, On-premises
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
IT Operations Analytics, Application Performance Management, Infrastructure Management, Network Analytics, Security Analytics, Others
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
- Broadcom
- Micro Focus
- VMware
- Splunk
- BMC Software
- HCL Technologies
- New Relic
- Servicenow
- Cloudfabrix
- Loom Systems
- Dynatrace
- Devo
- Logz.Io
- Corvil
- Interlink Software Services
- Correlata
- Science Logic
- Sumo Logic
- Risc Networks
- Bay Dynamics
- Appdynamics
- Zenoss
Highlights of The Cognitive Operations 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:
- Cloud
- On-premises
- By Application:
- IT Operations Analytics
- Application Performance Management
- Infrastructure Management
- Network Analytics
- Security Analytics
- Others
- 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 Operations 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.
How you may use our products:
- Correctly Positioning New Products
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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 operations are the mental processes that allow people to think, learn, and remember information.
Some of the key players operating in the cognitive operations market are IBM, Broadcom, Micro Focus, VMware, Splunk, BMC Software, HCL Technologies, New Relic, Servicenow, Cloudfabrix, Loom Systems, Dynatrace, Devo, Logz.Io, Corvil, Interlink Software Services, Correlata, Science Logic, Sumo Logic, Risc Networks, Bay Dynamics, Appdynamics, Zenoss.
The cognitive operations market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cognitive Operations Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cognitive Operations Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cognitive Operations Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cognitive Operations Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cognitive Operations Market Size & Forecast, 2020-2028 4.5.1 Cognitive Operations Market Size and Y-o-Y Growth 4.5.2 Cognitive Operations Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 IT Operations Analytics
6.2.2 Application Performance Management
6.2.3 Infrastructure Management
6.2.4 Network Analytics
6.2.5 Security Analytics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cognitive Operations Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cognitive Operations Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 IT Operations Analytics
9.10.2 Application Performance Management
9.10.3 Infrastructure Management
9.10.4 Network Analytics
9.10.5 Security Analytics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 IT Operations Analytics
10.10.2 Application Performance Management
10.10.3 Infrastructure Management
10.10.4 Network Analytics
10.10.5 Security Analytics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 IT Operations Analytics
11.10.2 Application Performance Management
11.10.3 Infrastructure Management
11.10.4 Network Analytics
11.10.5 Security Analytics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 IT Operations Analytics
12.10.2 Application Performance Management
12.10.3 Infrastructure Management
12.10.4 Network Analytics
12.10.5 Security Analytics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 IT Operations Analytics
13.10.2 Application Performance Management
13.10.3 Infrastructure Management
13.10.4 Network Analytics
13.10.5 Security Analytics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cognitive Operations Market: Competitive Dashboard
14.2 Global Cognitive Operations Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Broadcom
14.3.3 Micro Focus
14.3.4 VMware
14.3.5 Splunk
14.3.6 BMC Software
14.3.7 HCL Technologies
14.3.8 New Relic
14.3.9 Servicenow
14.3.10 Cloudfabrix
14.3.11 Loom Systems
14.3.12 Dynatrace
14.3.13 Devo
14.3.14 Logz.Io
14.3.15 Corvil
14.3.16 Interlink Software Services
14.3.17 Correlata
14.3.18 Science Logic
14.3.19 Sumo Logic
14.3.20 Risc Networks
14.3.21 Bay Dynamics
14.3.22 Appdynamics
14.3.23 Zenoss