Cognitive Media Market 2021: Global Industry Analysis Report to 2027
The global cognitive media market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor for the growth of the market is the increasing adoption of cognitive computing technology for various applications in the media industry. Additionally, the demand for automated workflows in content creation and distribution is also driving the growth of the market.
Moreover, it is difficult to
classify unstructured sound-visual information in the media market, compelling
media buyers to integrate AI technology with the content supply chain.
Furthermore, tagging content manually is time-consuming and expensive, and as
such media professionals are adopting AI-based solutions to improve content
efficiency. Furthermore, the increasing demand for quality content to engage
the customers is driving the demand for AI-based technology in media, which, in
turn, is driving the demand for cognitive computing and thus propelling the
market.
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Some major players in the market include Microsoft Inc.,
Google LLC., and IBM Corp., among others. The market players are contributing
significantly to the growth of the market by the adoption of various strategies
including mergers & acquisitions, geographical expansion, partnerships and
collaborations, and new product launches, to stay competitive in the market.
For instance, in September 2020, Microsoft announced updates to Azure Cognitive
Services and Azure Machine Learning aimed at streamlining business processes
during the COVID-19 pandemic at its Ignite 2020 conference.
Market Coverage
• The
market number available for – 2020-2027
• Base
year- 2020
• Forecast
period- 2021-2027
• Segment
Covered-
·
By Technology
·
By Application
·
By Component
·
By Enterprise Size
• Regions
Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
•
Competitive Landscape-Microsoft Inc.,
Google LLC, and IBM Corp, among others.
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A
full Report of Cognitive Media Market is Available @: https://www.omrglobal.com/industry-reports/cognitive-media-market
Global Cognitive Media Market Report by Segment
By Technology
• Deep
Learning and Machine Learning
• Natural
Language Processing
By Application
• Content
Management
• Network
Optimization
• Recommendation
and Personalization
• Customer
Retention
• Predictive
Analysis
• Security
Management
• Others
By Component
• Solutions
• Services
By Enterprise Size
• Small
and Medium-sized Enterprises (SMEs)
• Large
Enterprises
Global Cognitive Media Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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15 major industries, further segmented into more than 90 sectors.
2. More than 120
countries are for analysis.
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research analysts answer all your questions before and after purchasing your
report.
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