The global cognitive services #market is experiencing rapid growth, driven by advancements in #artificialintelligence (AI) and machine learning (ML). Cognitive services are a subset of AI that allow systems to process and interpret data similarly to human cognition, enabling features like speech recognition, image #analysis, natural language processing, and decision-making automation. These technologies are transforming industries by automating tasks, improving decision-making processes, and enhancing customer experiences. In 2023, the global #cognitiveservicesmarket reached a value of USD 16.63 billion, and it is expected to grow at an impressive CAGR of 40.9% from 2024 to 2032, reaching USD 363.91 billion by 2032. For more info: https://www.expertmarketresearch.com/reports/cognitive-services-market
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