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The Cognitive Automation Market is anticipated to grow at a CAGR of 11.2% during the forecast period. The adoption of cognitive automation is based on factors such as the adoption of artificial intelligence (AI) by businesses to automate processes and integrate human-computer interaction (HCI). Key players in the market are developing cognitive services that are accessed by application developers, or end users who deploy solutions at their systems and servers. The Internal Revenue Service (IRS) has announced a new contract with Blanket Purchase Agreement focused on implementing machine learning (ML) and AI technologies into their data analytics operations.
