The emerging concept of a networked society is based on creating connected smart machines, including autonomous vehicles and robots. Advanced cloud architecture can potentially deal with the sharing and distribution of machine intelligence, and enable functioning at a higher level. Companies are increasingly striving to understand how to bestrew intelligence over the cloud.
As per Fact.MR – a market research and competitive intelligence provider, with increasing digitalization and ascending demand from the healthcare and BFSI sector, the IBM Watson services market is poised to surge at a CAGR of 30% over the next ten years.
Prospects for IBM Watson services continue to be bullish on the coattails of high traction in healthcare & BFSI sectors, and effectiveness in real-time consumer choice decoding & curtailing process downtime in manufacturing facilities, states the latest Fact.MR study.
North America has been envisaged to emerge as the most remunerative market for IBM Watson services, underpinned by demand from regional businesses that seek reinventing themselves for providing differentiated experiences to their clients. Healthcare is set to prevail as the leading industry vertical in the market, trailed by banking, and finance & insurance (BFSI). IBM Watson language services will remain dominant in the market based on service type, accounting for over 3/5 share of the market throughout the forecast period.
According to a Fact.MR, analyst, “healthcare and BFSI are pioneer sectors for IBM Watson service adoption due to their real-time data processing attributes,”
For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=759
Key Takeaways from Market Study
- The global IBM Watson services market is anticipated to reach a market value of US$ 44.5 Bn by the end of 2031, with an absolute dollar opportunity of US$ 41.3 Mn.
- The IBM Watson language service segment is projected to expand at a CAGR of 32% (16X) through 2031.
- Apart from SaaS natured commercialization of Watson technology, the company has also created a separate IBM Watson ecosystem for channeling associated products to target customers.
- North America leads the global IBM Watson services market accounting for more than 50% of overall revenue generation.
- IBM Watson vision services are estimated to progress at a significant CAGR during the forecast period due to high demand from the manufacturing industry.
- IBM is strongly focused on partnership agreements to deliver Watson services across regions. For instance, in China, IBM entered into a partnership with Baheal Pharmaceutical Group to provide Watson oncology technology for cancer treatment.
Segments Covered in IBM Watson Services Market Analysis
-
By Service
- IBM Watson Language Services
- Consulting
- Implementation
- Integration Services
- Custom Application Development
- Application Modernization & Data Migration
- Testing Services
- Support
- Monitoring
- Upgrade
- Helpdesk
- Governance
- Training
- IBM Watson Data Insights Services
- Consulting
- Implementation
- Support
- IBM Watson Speech Services
- Consulting
- Implementation
- Support
- IBM Watson Vision Services
- Consulting
- Implementation
- Support
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=759
-
By Vertical
- IBM Watson Services for Healthcare
- IBM Watson Services for BFSI
- IBM Watson Services for Retail
- IBM Watson Services for Discrete & Process Manufacturing
- IBM Watson Services for Telecom, Media & Entertainment
- IBM Watson Services for Transportation and Logistics
- IBM Watson Services for Governments
- IBM Watson Services for Travel and Tourism
- IBM Watson Services for Education
- Others
Following Questions Answers Covered in the Report are:
- How will the global IBM Watson Services Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global IBM Watson Services Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global IBM Watson Services Market?
- How will these strategies influence the market growth and competition?
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Get More Insights –https://www.accesswire.com/630214/Mobile-Tablet-Interface-Cognitive-Assessment-and-Training-Solutions-to-Experience-High-Growth-FactMR
Key Companies Profiled
- IBM Corporation
- Accenture PLC
- Tata Consultancy Services Limited
- Capgemini SE
- KPMG International
- Tech Mahindra Limited
- DXC Technology Co.
- Wipro Limited
- Deloitte
Full Access of this Report Is Available at https://www.factmr.com/checkout/759
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
The emerging concept of a networked society is based on creating connected smart machines, including autonomous vehicles and robots. Advanced cloud architecture can potentially deal with the sharing and distribution of machine intelligence, and enable functioning at a higher level. Companies are increasingly striving to understand how to bestrew intelligence over the cloud.
As per Fact.MR – a market research and competitive intelligence provider, with increasing digitalization and ascending demand from the healthcare and BFSI sector, the IBM Watson services market is poised to surge at a CAGR of 30% over the next ten years.
Prospects for IBM Watson services continue to be bullish on the coattails of high traction in healthcare & BFSI sectors, and effectiveness in real-time consumer choice decoding & curtailing process downtime in manufacturing facilities, states the latest Fact.MR study.
North America has been envisaged to emerge as the most remunerative market for IBM Watson services, underpinned by demand from regional businesses that seek reinventing themselves for providing differentiated experiences to their clients. Healthcare is set to prevail as the leading industry vertical in the market, trailed by banking, and finance & insurance (BFSI). IBM Watson language services will remain dominant in the market based on service type, accounting for over 3/5 share of the market throughout the forecast period.
According to a Fact.MR, analyst, “healthcare and BFSI are pioneer sectors for IBM Watson service adoption due to their real-time data processing attributes,”
For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=759
Key Takeaways from Market Study
- The global IBM Watson services market is anticipated to reach a market value of US$ 44.5 Bn by the end of 2031, with an absolute dollar opportunity of US$ 41.3 Mn.
- The IBM Watson language service segment is projected to expand at a CAGR of 32% (16X) through 2031.
- Apart from SaaS natured commercialization of Watson technology, the company has also created a separate IBM Watson ecosystem for channeling associated products to target customers.
- North America leads the global IBM Watson services market accounting for more than 50% of overall revenue generation.
- IBM Watson vision services are estimated to progress at a significant CAGR during the forecast period due to high demand from the manufacturing industry.
- IBM is strongly focused on partnership agreements to deliver Watson services across regions. For instance, in China, IBM entered into a partnership with Baheal Pharmaceutical Group to provide Watson oncology technology for cancer treatment.
Segments Covered in IBM Watson Services Market Analysis
By Service
- IBM Watson Language Services
- Consulting
- Implementation
- Integration Services
- Custom Application Development
- Application Modernization & Data Migration
- Testing Services
- Support
- Monitoring
- Upgrade
- Helpdesk
- Governance
- Training
- IBM Watson Data Insights Services
- Consulting
- Implementation
- Support
- IBM Watson Speech Services
- Consulting
- Implementation
- Support
- IBM Watson Vision Services
- Consulting
- Implementation
- Support
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=759
By Vertical
- IBM Watson Services for Healthcare
- IBM Watson Services for BFSI
- IBM Watson Services for Retail
- IBM Watson Services for Discrete & Process Manufacturing
- IBM Watson Services for Telecom, Media & Entertainment
- IBM Watson Services for Transportation and Logistics
- IBM Watson Services for Governments
- IBM Watson Services for Travel and Tourism
- IBM Watson Services for Education
- Others
Following Questions Answers Covered in the Report are:
- How will the global IBM Watson Services Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global IBM Watson Services Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global IBM Watson Services Market?
- How will these strategies influence the market growth and competition?
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Get More Insights –https://www.accesswire.com/630214/Mobile-Tablet-Interface-Cognitive-Assessment-and-Training-Solutions-to-Experience-High-Growth-FactMR
Key Companies Profiled
- IBM Corporation
- Accenture PLC
- Tata Consultancy Services Limited
- Capgemini SE
- KPMG International
- Tech Mahindra Limited
- DXC Technology Co.
- Wipro Limited
- Deloitte
Full Access of this Report Is Available at https://www.factmr.com/checkout/759
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
