Global Cognitive Systems Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global cognitive systems market has been witnessing a steady growth over the past few years. This can be attributed to the development of notable innovations in the field of natural language processing.

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The latest report by IMARC Group, titled “Cognitive Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global cognitive systems market reached a value of more than US$ 4 Million in 2016. Cognitive systems refer to programs which imitate the functioning of a human brain. They enhance deeper human engagement and personalization, and enhanced expertise and knowledge-processing. These systems consist of four departments – linguistics, philosophy, computer science and psychology. They perform cognitive tasks of knowing, understanding, planning and problem solving, analyzing, and processing and evaluating unstructured data. Owing to this, these systems can be used to provide expert assistance to lawyers, scientists, engineers and other professionals in a fraction of the time.

Highlights of the global cognitive systems market:

• Extracting valuable information from both structured as well as unstructured data is expected to be the major demand driver.
• On the basis of product type, software accounts for the largest share of the total market.
• North America represents the leading market, holding the majority of the global share.

The usage of artificial intelligence, due to a rise in diverse and highly complicated data sets, vast developments in the field of machine learning and significant advancements in data processing technologies, have emerged as one of the key driving forces of the global cognitive systems market. Additionally, predictive analytics provide customized programs for customers according to their demand, and help in improving the cost-effectiveness of the production process, thereby fuelling the growth of the cognitive systems market. Further, cognitive systems help in speeding up the operations in banking and financial institutes so as to meet the increasing demand of the consumers. Moreover, the adoption of cognitive systems in the healthcare sector enables the collection of real-time data and information which facilitate enhanced patient care, advanced discoveries, and better decision making by the healthcare providers. Owing to these factors, the global cognitive systems market is further expected to reach a value of around US$ 12 Million, exhibiting a CAGR of more than 18% during 2017-2022.

On the basis of product type, the market has been segmented into software, services and hardware. Currently, software is the most popular product type, holding the largest market share. Based on end-use, the banking sector accounts for the majority of the total global share. It is followed by the retail and healthcare sectors. Region-wise, North America dominates the market, accounting for the largest share. Other major regions include Europe, Asia-Pacific, Middle East and Africa, and Latin America. On evaluating the competitive landscape of the market, it is found that the key players include IBM, Infosys, HP Inc., Microsoft Corporation and SAP SE.

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The report by IMARC Group has examined the global cognitive systems market on the basis of:

Product Type:

• Software
• Services
• Hardware

End Use:

• Banking Sector
• Retail Sector
• Healthcare Sector
• Others

Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Major Key Players:

• IBM
• Infosys
• HP Inc.
• Microsoft Corporation
• SAP SE

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About us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Digital Camera Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global digital camera market has witnessed a marginal growth over the years. This can be accredited to the increasing penetration of smartphones among consumers coupled with a lack of innovation and consumer engagement by the manufacturers.

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The latest report by IMARC Group, titled “Digital Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global digital camera market reached a value of US$ 7.3 Billion in 2016. A digital camera is a device in which photographic images and videos are recorded and stored in a digital form. It is user-friendly, economical and eliminates the need to develop the film. Digital camera offers a variety of functions like removable memory card, auto focus, best-shot selector, aperture or shutter priority, panorama assist, digital zoom, etc. However, with the emergence of high-resolution camera in smartphones there has been a threat to the demand for digital cameras as users can use their easily accessible mobile devices for capturing images.

Highlights of the global digital camera market:

• The increasing adoption of smartphone by consumers is the key factor restraining the market growth. 
• Asia Pacific represents the largest market, accounting for the majority of the total share.
• The United States is the largest importer and China is the largest exporter.

The rising usage of smartphones with internet connectivity which enables the users to upload the pictures on social networking sites represents the major factor hampering the global digital camera market. Additionally, the demand for digital camera in the developed countries is reaching maturity due to high ownership level of digital cameras coupled with a sluggish economic growth. Further, on account of minimal consumer engagement and a lack of innovation, the customers are no longer willing to buy new models of digital cameras, thereby limiting the growth of the digital camera market globally. Owing to these factors, the global digital camera market is further expected to reach a value of US$ 5.4 Billion by 2022, exhibiting a CAGR of nearly 5% during 2017-2022.

The market is segmented on the basis of type into built-in lens cameras, interchangeable lens cameras, compact digital cameras, bridge cameras, digital single lens reflex (SLR) cameras, digital rangefinders, line-scan camera systems, integration camera and water-resistant cameras. Region-wise, Asia Pacific currently accounts for the majority of the global share, dominating the market. Other major regions include Europe, North America, Middle East and Africa, and Latin America. On analysing the import-export scenario, the United States is the largest importer and China is the largest exporter of digital cameras. On evaluating the competitive landscape of the market, it is found that the key players are Canon, Inc., Nikon Corporation, Sony Corporation, Panasonic Corporation and Olympus Corporation.

Read full report with TOC: https://www.imarcgroup.com/digital-camera-market

The report by IMARC Group has examined the global digital camera market on the basis of:

Type:

• Built-in lens Cameras
• Interchangeable lens cameras
• Compact Digital Cameras
• Bridge Cameras
• Digital Single Lens Reflex (SLR) Cameras
• Digital Rangefinders
• Line-scan Camera Systems
• Integration Camera
• Water-resistant Camera

Region:

• Asia Pacific
• Europe
• North America
• Middle East and Africa
• North America

Key Players:

• Canon, Inc.
• Nikon Corporation
• Sony Corporation
• Panasonic Corporation
• Olympus Corporation

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Laser Diode Market 2017: Region Wise Analysis of Top Players in Market By Types and Application

The global laser diode market has experienced a healthy growth over the past several years. This can be accredited to the applications of laser diodes in diverse sectors, including healthcare, industrial, automotive, etc.

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The latest report by IMARC Group, titled “Laser Diode Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global laser diode market reached a value more than US$ 7 Billion in 2016. Laser diode, also known as LD, is a semi-conductor device similar to a light-emitting diode, wherein a laser beam is created at the diode's junction. It produces coherent radiation in the visible or infrared (IR) spectrum when electric current passes through them. Low power requirements, and small size and weight make laser diodes highly efficient in nature and suitable for portable electronic equipment. Laser diode finds applications in diverse industries such as communication and optical storage, image recording, instrumentation and sensor, entertainment and agriculture; and in devices such as compact disc (CD) players, optical fibre systems, remote-control devices, laser printers and intrusion detection systems.

Highlights of the global laser diode market:

• Various applications of laser diodes in diverse sectors remains the key factor driving the global laser diode market.
• Injection laser diode (ILD) is the most popular product type, accounting for the largest share.
• Optical storage and communication is the largest application segment.

The global laser diode market is driven by the varied applications of laser diodes across multiple sectors. They are used in a variety of procedures in the health sector, such as LASIK surgery, hair and tattoo removal, body contouring, reducing wrinkles and skin resurfacing. The growing trend and acceptance of these medical procedures has stimulated the demand for laser diodes. Additionally, the market is also flourishing on account of the demand for laser diodes by the automotive sector. Laser diodes are used in combination with LED lights as headlamps of luxury cars, since they have a longer range as compared to the other headlamp technologies. Rapid industrialization has also provided a thrust to the market as laser diodes are used in industrial applications such as welding, soldering, cladding, micromachining and surface hardening. Owing to the abovementioned factors, the market is expected to reach a value of around US$ 13 Billion by 2022, exhibiting a CAGR of more than 10% during 2017-2022.

The market is segmented on the basis of product type, wherein Injection Laser Diode (ILD) is the most popular product type followed by Optically Pumped Semiconductor Laser (OPSL). Based on the applications, the market is categorized into optical storage and communication, industrial applications, medical applications, military and defence applications, instrumentation and sensor applications, and others. Among these, optical storage and communication is the largest segment, accounting for the majority of the global share. Region-wise, Asia-Pacific represents the leading market. Other major regions include Europe, North America, Latin America, and Middle East and Africa. On evaluating the competitive landscape, it is found that some of the key players operating in the market include Coherent, IPG Photonics, OSRAM Licht AG, TRUMPf GmbH + Co. KG, and Jenoptik AG.

Read full report with TOC: http://www.imarcgroup.com/laser-diode-market

The report by IMARC Group has examined the global laser diode market on the basis of:

Product type:

• Injection Laser Diode (ILD)
• Optically Pumped Semiconductor Laser (OPSL)

Applications:

• Optical Storage and Communication
• Industrial Applications
• Medical Applications
• Military and Defense Applications
• Instrumentation and Sensor Applications
• Others

Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key players:

• Coherent
• IPG Photonics
• OSRAM Licht AG
• TRUMPf GmbH + Co. KG
• Jenoptik AG

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter : @imarcglobal