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Cognitive Operations Market size is expected to grow from USD 7.27 billion in 2018 to USD 21.67 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.4% during the forecast period.

Major growth factors for the cognitive operations market include a growing need to monitor the complex IT environment, and an increasing focus on the adoption of cloud-based cognitive IT operations solutions. A growing need to deliver an enhanced customer experience and an increasing need to analyze growing IT operations data will provide significant growth opportunities for vendors in the market.
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