Product Code: ETC4413680 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The cognitive services market in Hungary is experiencing steady growth as businesses recognize the value of leveraging AI-powered services to enhance customer experiences, optimize operations, and drive innovation. With the proliferation of data and the need for actionable insights, companies are leveraging cognitive services such as natural language processing, image recognition, and predictive analytics to gain a competitive edge. Industries such as retail, healthcare, and finance are particularly embracing cognitive services to personalize offerings, improve decision-making processes, and automate repetitive tasks.
In Hungary, the cognitive services market is experiencing significant growth driven by the increasing adoption of AI and machine learning technologies across various industries. Businesses are leveraging cognitive services to enhance customer experiences, streamline operations, and gain actionable insights from data. Key drivers include the growing volume of unstructured data, the need for automation and efficiency improvements, and the demand for personalized and intelligent applications. Furthermore, advancements in natural language processing, computer vision, and speech recognition technologies are expanding the use cases for cognitive services, driving adoption across sectors such as healthcare, finance, and retail in Hungary.
One of the significant challenges in the cognitive services market in Hungary is the adoption rate. While businesses recognize the potential benefits of cognitive technologies such as artificial intelligence and machine learning, there might be resistance to implementing them due to concerns about job displacement or lack of understanding about the technology`s capabilities.
The cognitive services market in Hungary is expanding rapidly, propelled by advancements in artificial intelligence and machine learning technologies. The government recognizes the importance of these technologies in driving innovation and competitiveness. Policies are aimed at fostering an ecosystem conducive to the development and adoption of cognitive services, including investment in research and development, support for startups, and initiatives to upskill the workforce in relevant fields.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Cognitive Services Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Cognitive Services Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Cognitive Services Market - Industry Life Cycle |
3.4 Hungary Cognitive Services Market - Porter's Five Forces |
3.5 Hungary Cognitive Services Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Hungary Cognitive Services Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Hungary Cognitive Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Hungary Cognitive Services Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.9 Hungary Cognitive Services Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.10 Hungary Cognitive Services Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Hungary Cognitive Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Cognitive Services Market Trends |
6 Hungary Cognitive Services Market, By Types |
6.1 Hungary Cognitive Services Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Hungary Cognitive Services Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Hungary Cognitive Services Market Revenues & Volume, By Machine learning and deep learning, 2021-2031F |
6.1.4 Hungary Cognitive Services Market Revenues & Volume, By Natural Language Processing (NLP), 2021-2031F |
6.2 Hungary Cognitive Services Market, By Service Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Cognitive Services Market Revenues & Volume, By Knowledge management, 2021-2031F |
6.2.3 Hungary Cognitive Services Market Revenues & Volume, By Data transformation, 2021-2031F |
6.2.4 Hungary Cognitive Services Market Revenues & Volume, By Cloud and web-based Application Programming Interfaces (APIs), 2021-2031F |
6.2.5 Hungary Cognitive Services Market Revenues & Volume, By Data integration and cognitive automation, 2021-2031F |
6.2.6 Hungary Cognitive Services Market Revenues & Volume, By Cognitive risk intelligence, 2021-2031F |
6.2.7 Hungary Cognitive Services Market Revenues & Volume, By Consulting and advisory, 2021-2031F |
6.2.8 Hungary Cognitive Services Market Revenues & Volume, By Communication monitoring, 2021-2031F |
6.2.9 Hungary Cognitive Services Market Revenues & Volume, By Communication monitoring, 2021-2031F |
6.3 Hungary Cognitive Services Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Cognitive Services Market Revenues & Volume, By Marketing analysis, 2021-2031F |
6.3.3 Hungary Cognitive Services Market Revenues & Volume, By Predictive maintenance, 2021-2031F |
6.3.4 Hungary Cognitive Services Market Revenues & Volume, By Supply chain management, 2021-2031F |
6.3.5 Hungary Cognitive Services Market Revenues & Volume, By Quality management investigation and recommendation, 2021-2031F |
6.3.6 Hungary Cognitive Services Market Revenues & Volume, By Safety and security management, 2021-2031F |
6.3.7 Hungary Cognitive Services Market Revenues & Volume, By Diagnosis and treatment system, 2021-2031F |
6.4 Hungary Cognitive Services Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Hungary Cognitive Services Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 Hungary Cognitive Services Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.4 Hungary Cognitive Services Market Revenues & Volume, By Retail, 2021-2031F |
6.4.5 Hungary Cognitive Services Market Revenues & Volume, By IT and telecommunication, 2021-2031F |
6.4.6 Hungary Cognitive Services Market Revenues & Volume, By Government and education, 2021-2031F |
6.4.7 Hungary Cognitive Services Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5 Hungary Cognitive Services Market, By Deployment Mode |
6.5.1 Overview and Analysis |
6.5.2 Hungary Cognitive Services Market Revenues & Volume, By Cloud, 2021-2031F |
6.5.3 Hungary Cognitive Services Market Revenues & Volume, By On-premises, 2021-2031F |
6.6 Hungary Cognitive Services Market, By End-User |
6.6.1 Overview and Analysis |
6.6.2 Hungary Cognitive Services Market Revenues & Volume, By SMEs, 2021-2031F |
6.6.3 Hungary Cognitive Services Market Revenues & Volume, By Large enterprises, 2021-2031F |
7 Hungary Cognitive Services Market Import-Export Trade Statistics |
7.1 Hungary Cognitive Services Market Export to Major Countries |
7.2 Hungary Cognitive Services Market Imports from Major Countries |
8 Hungary Cognitive Services Market Key Performance Indicators |
9 Hungary Cognitive Services Market - Opportunity Assessment |
9.1 Hungary Cognitive Services Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Hungary Cognitive Services Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.3 Hungary Cognitive Services Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Hungary Cognitive Services Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.5 Hungary Cognitive Services Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.6 Hungary Cognitive Services Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Hungary Cognitive Services Market - Competitive Landscape |
10.1 Hungary Cognitive Services Market Revenue Share, By Companies, 2024 |
10.2 Hungary Cognitive Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |