Cognition

Cognition

The Cognitive Computing Market Size is expected to see significant growth in the coming years, with natural language processing and machine learning leading the way in revenue generation. In 2014, these technologies accounted for nearly 44% and 30% of the revenue, respectively. Retail and security are projected to be the fastest-growing application segments, with a compound annual growth rate (CAGR) of 35.8% and 36.5%, respectively, during the forecast period.

Key Highlights:

- Natural language processing and machine learning are driving revenue growth in the cognitive computing market.

- Retail and security are expected to experience rapid growth, with CAGRs of 35.8% and 36.5%, respectively.