The Global Cognitive Computing Market Size accounted for USD 30.4 Billion in 2022 and is projected to achieve a market size of USD 239.5 Billion by 2032 growing at a CAGR of 23.2% from 2023 to 2032. Cognitive computing refers to the application of artificial intelligence (AI) and machine learning (ML) technologies to simulate human thought processes and enhance decision-making capabilities. The cognitive computing market is driven by the growing need for intelligent automation and data-driven decision-making across various industries. Key factors contributing to the growth of the cognitive computing market include the increasing adoption of cloud-based cognitive services, the rising demand for personalized customer experiences, and the growing application of cognitive computing in healthcare, finance, retail, and other sectors.
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