The surging demand for offering engaging content with an objective to minimize customer churn is augmenting the adoption of AI technology in the entertainment & media sector. Machine learning is capable of automating content creation workflows, helping content writers create more customer-engaging content, which, in turn, is driving the industry growth.
Adroit Market Research study on the global market for Cognitive Media offers a holistic view of the industry from 2020 to 2028 as a forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The growing prominence of advanced technologies such as the internet of things, artificial intelligence, and cloud computing is anticipated to lead the resolution among industries. The organizations operating across different verticals are aggressively integrating cloud computing owing to evolving technologies. The industry players are focusing on offering solutions to the AI-enabled industrial IoT cloud platform in order to help organizations to transform operational data into actionable insights with the application of real-time analytics solutions.
The large enterprise segment is anticipated to hold a substantial share in the terms of enterprise size for the Cognitive Media market. The growth is accounted to better collaboration lower operating costs, improved time to market, and increased flexibility. The growth is further supported by the organization's shift toward the utilization of the cloud for modernization of core business applications from deploying the cloud for developing applications.
Asia Pacific region is anticipated to witness a substantial growth rate over the forecast period. The rapid growth in emerging countries such as India and China coupled with the ongoing emergence of regional players has a positive impact on the regional market growth in the recent few years. Furthermore, hyper-scale cloud providers including are establishing their data centers in developing markets such as Thailand and Indonesia, which, in turn, is further expected to drive the market in the coming years.
The key players of the global Cognitive Media market report include- Microsoft Corporation, Google LLC, Amazon Web Services, Inc., Adobe Inc., IBM Corporation, Nvidia Corporation, Salesforce, Baidu, Inc., Crimson Hexagon, and Veritone, Inc.
Key Segments of the Global Cognitive Media Market
Applications Overview, 2018-2028 (USD Million)
- Content Management
- Network Optimization
- Predictive Analysis
Component Overview, 2018-2028 (USD Million)
Technology Overview, 2018-2028 (USD Million)
- Deep Learning & Machine Learning
- Natural Language Processing
Organization Size Overview 2018-2028 (USD Million)
- Large Enterprises
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America