Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 338

Global Cognitive Services Market

Posted by fidest press agency su giovedì, 2 gennaio 2020

The Cognitive Services market worldwide is projected to grow by US$25.8 Billion, driven by a compounded growth of 40.1%.Cloud, one of the segments analyzed and sized in this study, displays the potential to grow at over 41.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$19.5 Billion by the year 2025, Cloud will bring in healthy gains adding significant momentum to global growth.Representing the developed world, the United States will maintain a 44.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$704.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$1.2 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Cloud will reach a market size of US$1.3 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 38.2% over the next couple of years and add approximately US$4.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

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