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Global Autonomous AI And Autonomous Agents Market 2024 - Growth Opportunities, Future Insights, Regional Segmentation, Latest Innovations, and Forecasting up to 2033
Global Autonomous AI And Autonomous Agents Market
The autonomous ai and autonomous agents market size is expected to see exponential growth in the next few years. It will grow to $30.35 billion in 2028 at a compound annual growth rate (CAGR) of 43.8%. The growth in the forecast period can be attributed to customization and personalization of ai solutions, growing focus on cybersecurity for ai systems, proliferation of ai in healthcare applications, rising demand for industry-specific solutions, rise of edge intelligence. Major trends in the forecast period include technological advancements in machine learning, advancements in sensor technologies, advances in computer vision, development of robotic operating systems, advances in natural language processing, ai-powered virtual assistants and chatbots.
Market Overview -
Autonomous AI and autonomous agents refer to systems or software entities that can operate and make decisions independently without direct human intervention. These systems leverage AI technologies and algorithms to analyze data, perceive their environment, learn from experience, and act in pursuit of specific goals.
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Surging AI Applications To Drive Market Growth
Increasing AI applications are expected to propel the growth of the autonomous AI and autonomous agents market going forward. AI applications refer to practically implementing and utilizing artificial intelligence (AI) technologies in various domains and sectors. Autonomous AI and autonomous agents use AI for enhanced efficiency, improved decision-making, risk reduction, and cost savings. For instance, in November 2022, according to reports shared by Salesforce Inc., a US-based software company, 57% of businesses used AI applications to improve customer service in 2022. Furthermore, in April 2023, according to Forbes Media LLC, a US-based media company, for internal communications, over half (46% of business owners) utilized AI, 97% of company owners think ChatGPT would benefit their operation, and 73% of business firms will use AI-powered chatbots for instant messaging in 2022. Therefore, increasing AI applications are driving the growth of the autonomous AI market.
Competitive Landscape -
Major companies operating in the autonomous ai and autonomous agents market report are Alphabet Inc., Microsoft Corporation, Amazon Web Services Inc., Siemens AG, Intel Corporation, Acce*nture PLC, International Business Machines (IBM) Corporation, Oracle Corporation, Schneider Electric, NVIDIA Corporation, Salesforce Inc., Cognizant Technology Solutions Corp., Infosys Limited, Wipro Limited, SAS Institute Inc., Waymo LLC, Fair Isaac Corporation (FICO), UiPath, DeepMind Technologies Limited, Nuance Communications Inc., Blue River Technology, OpenAI, Fetch.ai, Affectiva Inc., Cognitivescale
Cutting-Edge AI Technological Data Platform Transforming The Autonomous Ai And Autonomous Agent Market
AI technological data platforms are a key trend gaining popularity in the autonomous AI and autonomous agent market. Major companies operating in the autonomous AI and autonomous agent market are focused on developing innovative AI technological data platforms to sustain their position in the market. For instance, in May 2023, International Business Machines Corporation (IBM), a US-based technology company, launched the Watsonx platform, a new AI and data platform. This innovative next-generation AI data platform is designed to help businesses scale and accelerate the impact of the most advanced AI with trusted data. Watsonx is built on top of IBM Cloud Pak for Data, and it includes several new features that make it easier for businesses to build, deploy, and manage AI models. Additionally, Watsonx is a powerful platform that can help enterprises to improve efficiency, reduce costs, improve accuracy, and increase agility. It is a valuable tool for businesses that are looking to adopt AI.
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Key Segments -
The autonomous ai and autonomous agents market covered in this report is segmented -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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