Comprehensive Autonomous AI And Autonomous Agents Market Analysis 2024: Size, Share, And Key Trends
Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!
What is the Expected Growth Rate of the Autonomous AI And Autonomous Agents Market from 2024 to 2033?
In recent years, the market size of autonomous AI and autonomous agents has seen tremendous growth. It’s forecasted to expand from $4.93 billion in 2023 to $7.09 billion in 2024, with a 43.8% compound annual growth rate (CAGR). Factors such as augmented computing capabilities, the rise of the internet of things (IoT), seamless integration from edge to cloud, improved connectivity infrastructure, and heightened demands for automation are behind the noteworthy growth experienced during the historic period.
In the ensuing years, the market size for autonomous AI and autonomous agents is projected to experience significant growth. It is predicted to expand to $30.35 billion in 2028, marking a compound annual growth rate (CAGR) of 43.8%. This projected growth within the forecast period is linked to the personalization and customization of AI solutions, an increased emphasis on cybersecurity in AI systems, the widespread use of AI in healthcare applications, a growing demand for industry-tailored solutions, and the emergence of edge intelligence. Key trends expected during this forecast period include progress in machine learning technology, advancements in sensor technology, breakthroughs in computer vision, the growth of robotic operating systems, developments in natural language processing, and the rise of AI-driven virtual assistants and chatbots.
Claim Your Free Sample of the Global Autonomous AI And Autonomous Agents Market Report Today!
https://www.thebusinessresearchcompany.com/sample.aspx?id=12698&type=smp
What Key Factors Are Fueling the Growth of the autonomous ai and autonomous agents Market?
The growth of the autonomous AI and autonomous agents market is anticipated to be fueled by the rising use of AI applications. Integrating and leveraging artificial intelligence technologies across diverse industries and sectors is what AI applications imply. Autonomous AI and autonomous agents take advantage of AI to enhance effectiveness, optimize decision making, mitigate risks, and reduce costs. For instance, Salesforce Inc., a leading US software firm, reported in November 2022 that 57% of companies utilized AI applications for elevating customer service in 2022. Moreover, as per Forbes Media LLC, another American media firm, it was reported in April 2023 that over half of the business owners (46%) employed AI for in-house communication, a whopping 97% believed that integrating ChatGPT would be beneficial for their businesses, and 73% of corporate firms plan on leveraging AI-driven chatbots for instant messaging in 2022. Hence, the burgeoning use of AI applications is steering the growth of the autonomous AI market.
What Are the Major Segments of the Autonomous AI And Autonomous Agents Market?
1) By Offering: Hardware, Software, Services
2) By Technology: Machine Learning, Natural Language Processing, Context Awareness, Computer Vision
3) By Vertical: Banking, Financial Services And Insurance (BFSI), Retail And Ecommerce, Telecommunications, Manufacturing, Healthcare And Life Sciences, Energy And Utilities, Automotive, Transportations And Logistics, Government And Defense, Media And Entertainment, Other Verticals
What New Trends Are Transforming the Autonomous AI And Autonomous Agents Market?
The emergence of AI technological data platforms is a major trend making waves in the autonomous AI and autonomous agent market. Several key players in this market are honing in their efforts on the creation of these cutting-edge platforms as a way to maintain their competitive edge. To exemplify, in May 2023, the US-based technology conglomerate, International Business Machines Corporation (IBM) introduced the Watsonx, an innovative AI and data platform. This revolutionary next-gen AI data platform is engineered to extend and boost the influence of advanced AI, harnessing the power of trustworthy data. The Watsonx operates from the base of the IBM Cloud Pak for Data, and is bedecked with numerous new features which simplify the process of fabricating, implementing, and administering AI models. Further, Watsonx offers businesses with a resourceful platform that can elevate efficiency, pare down costs, sharpen precision, and heighten flexibility. It serves as a worthwhile asset for businesses preparing to incorporate AI into their operations.
Order Now for Fast Delivery of Your Autonomous AI And Autonomous Agents Market Report!
Which Regions Are Driving Growth in the Autonomous AI And Autonomous Agents Market?
North America was the largest region in the autonomous AI and autonomous agents market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the autonomous ai and autonomous agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Autonomous AI And Autonomous Agents Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the autonomous ai and autonomous agents market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Autonomous AI And Autonomous Agents Market Include
1. Autonomous AI And Autonomous Agents Market Executive Summary
2. Autonomous AI And Autonomous Agents Market Segments
3. Autonomous AI And Autonomous Agents Market Size And Template Market Growth Rate
4. Key Autonomous AI And Autonomous Agents Market Trends
5. Major Autonomous AI And Autonomous Agents Market Drivers
……
25. Key Mergers And Acquisitions In The Autonomous AI And Autonomous Agents Market
26. Top Autonomous AI And Autonomous Agents Companies
27. Autonomous AI And Autonomous Agents Market Opportunities And Strategies
28. Autonomous AI And Autonomous Agents Market, Conclusions And Recommendations
29. Appendix
Discover Related Reports by The Business Research Company:
Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2024
Artificial Intelligence Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-global-market-report
Artificial Intelligence Services Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
