Autonomous AI and autonomous agents market is anticipated to grow at a significant CAGR of 11.6% during the forecast period (2023-2030). The rise in the adoption of AI-based applications across several verticals majorly drives the growth of the global autonomous AI and autonomous agents market. AI is used in almost all major areas and fields, as it not only helps to improve development but also the growth of these autonomous agents. Moreover, the rise in demand for autonomous agents among end users, owing to its numerous benefits such as constantly improved performance, increased efficiency to access real-time information, and rise in scalability further fuel the growth of the autonomous agents market. Furthermore, the rise in applications of autonomous agents such as smart homes, mobile robots, self-driving cars, and intelligent factories provides lucrative opportunities for the autonomous agents market growth. In addition, ongoing advancements in artificial intelligence (AI) and machine learning (ML) along with growth in cloud deployments are expected to provide lucrative opportunities for the market. To meet the growing demand for autonomous agents in end-user verticals, in March 2023, Google Cloud, a subsidiary of Google LLC, teamed up with Oxbotica, an autonomous vehicle software developer. This collaboration would help to facilitate the deployment of autonomous software platforms for clients across the globe.
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The global autonomous AI and autonomous agents market is segmented on the vertical, technology, and offering. Based on the vertical, the market is sub-segmented into BFSI, healthcare & life sciences, IT &telecom, retail and e-commerce, media & entertainment, energy & power, automotive, transportation & logistics, government & defense, manufacturing, and others. Based on the technology, the market is sub-segmented into machine learning, natural language processing, context awareness, and computer vision. Further, on the basis of offering, the market is sub-segmented into software, hardware, and services. Among the technology, the machine learning sub-segment is anticipated to hold a considerable share of the market owing to the rise in the accuracy of predictions or adapts the system’s behavior in response to new data.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Autonomous AI and Autonomous Agents Market Report Segment
By Vertical
- BFSI
- Healthcare & Lifesciences
- IT & Telecom
- Retail & E-commerce
- Media & Entertainment
- Energy & Power
- Automotive
- Transportation & Logistics
- Government & Defense
- Manufacturing
- Others
By Technology
- Machine Learning
- Natural Language Processing
- Context Awareness
- Computer Vision
By Offering
- Software
- Hardware
- Services
Global Autonomous AI and Autonomous Agents Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global autonomous AI and autonomous agents market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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