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The modern cognitive solution market is a rapidly growing sector that encompasses various technologies and applications that leverage artificial intelligence, machine learning, natural language processing, computer vision, and cognitive computing. These solutions aim to enhance human capabilities, improve decision-making, automate processes, and create new value propositions for businesses and consumers.

 According to a recent report by Market sand Market s, the global modern cognitive solution market size is expected to grow from USD 20.5 billion in 2020 to USD 77.5 billion by 2025, at a compound annual growth rate (CAGR) of 30.5% during the forecast period. The major factors driving the growth of this market are the increasing demand for intelligent and data-driven solutions , the rising adoption of cloud-based services, the growing need for customer and employee engagement, and the emergence of new use cases and applications across various industries.

 Some of the key segments of the modern cognitive solution market are:

 - Cognitive Services : These are cloud-based APIs that provide various capabilities such as speech recognition, text analysis, image processing, face detection, sentiment analysis, and natural language understanding. These services enable developers and enterprises to easily integrate cognitive features into their applications and platforms, without requiring extensive expertise or infrastructure. Some of the leading providers of cognitive services are Microsoft, IBM, Google, Amazon, and Alibaba.

- Cognitive Platforms: These are software frameworks and tools that enable the development, deployment, and management of cognitive applications and solutions . These platforms provide various features such as data ingestion, processing, storage, analytics, visualization, and orchestration. Some of the leading providers of cognitive platforms are IBM, Microsoft, Google, Amazon, and Salesforce.

- Cognitive Applications: These are software solutions that leverage cognitive technologies and platforms to provide specific functionalities and outcomes for various domains and industries. These applications can be categorized into horizontal and vertical applications . Horizontal applications are those that can be applied across multiple industries and domains, such as chatbots, virtual assistants, recommendation systems, and sentiment analysis. Vertical applications are those that are tailored for specific industries and domains, such as healthcare, education, finance, retail, and manufacturing. Some of the leading providers of cognitive applications are IBM, Microsoft, Google, Amazon, and SAP.

 The modern cognitive solution market offers tremendous opportunities for startups to innovate and disrupt the existing landscape. Some of the ways that startups can grow in this field are:

 - Identify and address the pain points and gaps in the current market and offer differentiated and value-added solutions that can solve real-world problems and create positive impacts.

- Leverage the existing cognitive services and platforms to reduce the development time and cost, and focus on the core competencies and unique features of the solutions .

- Partner with established players and industry leaders to access their customer base, distribution channels, and domain expertise, and to gain credibility and trust in the market.

- Adopt a customer-centric and agile approach to continuously test, validate, and improve the solutions based on the feedback and needs of the target users and segments.

- Explore new and emerging use cases and applications that can create new markets and revenue streams, and expand the scope and reach of the solutions .

 The modern cognitive solution market is a dynamic and exciting field that is poised to transform the world with its innovative and intelligent solutions . Startups that can leverage the power of cognitive technologies and platforms, and offer compelling and impactful solutions , can expect to thrive and succeed in this market.

References:

 - Market sand Market s. (2020). Cognitive Services Market by Technology, Service Type, Deployment Mode, Application, End-User, Vertical (BFSI, Healthcare, Retail, IT and Telecommunication, Government and Education, Manufacturing), and Region - Global Forecast to 2025. https://www.marketsandmarkets.com/ Market -Reports/cognitive-services-market-194983894.html

- IBM. (n.d.). What is cognitive computing? https://www.ibm.com/cloud/learn/cognitive-computing

- Microsoft. (n.d.). Cognitive Services . https://azure.microsoft.com/en-us/services/cognitive-services/