The global Cognitive Process Automation (CPA) industry is experiencing rapid growth, driven by the increasing demand for more efficient and error-free automation solutions. The CPA combines AI, machine learning, NLP and RPA to automate cognitive functions traditionally performed by humans, enhancing efficiency and productivity. It is particularly beneficial in areas such as banking, healthcare, insurance and manufacturing where large data is required quickly and accurately processed. The Robotic Process Automated segment held a dominant market position in 2024, capturing over a 65.7% share of the Global Cognitive Process Autoation Market. North America held a dominance position, capturing more than a 32.7%. In 2024, the BFSI segment held an overall 25.5% share and the Finance Services segment captured over a 40.5%.
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