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The global Artificial Intelligence Software Platform Market is expected to exceed more than US$ 11.5 Billion by 2024, at a CAGR of 45.3% in the given forecast period. AI platforms simulate the cognitive function that human minds accomplish, such as learning, problem solving, reasoning, and social intelligence. Expert systems such as Speech recognition, context aware computing, and machine vision are also involved in AI application. The major factors that contribute the market growth is the increase in the investment in research and development of AI technology.