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Autonomous Agents Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Autonomous Agents Market
The expansion of automation throughout a variety of industries is anticipated to fuel the autonomous agent market's development in the foreseeable future. Automation encompasses the implementation of technology to accomplish tasks with minimal human interaction, employing an array of tools and strategies aimed at substituting human labor with machines, software or pre-programmed operations. Autonomous agents form a crucial component of automation due to their capacity to perform activities quicker and more precisely than humans by automating the monotonous, labor-intensive tasks, leading to heightened efficiency. For example, in October 2024, the Department for Science, Innovation and Technology, a government department in the UK, reported an increase in total numbers for AI companies, income, employment, and GVA in 2023 compared to the 2022 study. Consequently, the escalating implementation of automation across diverse industries is acting as a catalyst for the autonomous agent market.
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What is the projected compound annual growth rate (CAGR) of the autonomous agents market from 2025 to 2034, and what factors influence it?
The market size for autonomous agents has seen exponential growth in the past few years. The market is projected to increase from a value of $2.71 billion in 2024 to a whopping $4.13 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 52.6%. The substantial growth witnessed in the historic period is due to factors such as advancements in artificial intelligence (AI), broadened data availability, the rise in internet of things (iot), automation requirements, and integration with robotic systems.
The market for autonomous agents is predicted to experience a significant increase in size over the coming years, expanding to a worth of $21.56 billion by 2029 with a CAGR of 51.2%. This growth during the projected period is credited to the rapid progression of edge computing, advances in natural language processing (nlp), a strong emphasis on explainable ai (xai), proposed regulations for autonomous systems, and enhanced security precautions. Major trends anticipated during this period encompass collaboration across industries, the rising adoption of 5g technology, advancements in cloud computing infrastructure, the emergence of swarm robotics, and developments in reinforcement learning.
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What are the most significant trends transforming the autonomous agents market today?
Leading corporations in the autonomous agent market are intensifying their efforts in creating unique autonomy platforms, such as BrainOS, as a strategy to outperform their competitors. An autonomy platform is an encompassing software and hardware structure that gives autonomous systems, like robots or unmanned vehicles, the capability to make decisions independently, without human supervision. For instance, in November 2022, Brain Crop, an American AI software enterprise, unveiled its third-generation autonomy platform, BrainOS, destined to fuel the upcoming generation of autonomous commercial robots. This platform promises original equipment manufacturers (OEMs) a quicker path to the market for mass-production automated robotics and data gathering products. The latest platform is predicted to facilitate a range of robotic innovations, entailing enhanced localization and navigation performance, amplified safety and reliability, better human-robot interaction, and a modular infrastructure for swifter and simpler product development.
What are the major segments of the autonomous agents market and their role in driving growth?
The autonomous agents market covered in this report is segmented -
1) By Deployment Type: Cloud, On-Premises
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
3) By End User: Information Technology And Telecommunication, Banking, Financial Services And Insurance (BSFI), Healthcare, Transportation And Mobility, Manufacturing, Other End Users
Subsegments:
1) By Cloud: Public Cloud Solutions, Private Cloud Solutions, Hybrid Cloud Solutions
2) By On-Premises: Dedicated Server Deployments, Local Network Deployments, Edge Computing Deployments
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Which regions are key players in the growth of the autonomous agents market?
North America was the largest region in the autonomous agents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the autonomous agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the autonomous agents market?
Major companies operating in the autonomous agents market report are Amazon Web Services, Alphabet Inc., Microsoft Corporation, The Boeing Company, Intel Corporation, Airbus SE, IBM Corporation, Oracle Corporation, SAP SE, Uber Technologies Inc., SZ DJI Technology Co. Ltd., ABB Ltd., Salesforce Inc., NVIDIA Corporation, IDC (International Data Corporation), Infosys Limited, Aptiv PLC, Gartner Inc., Yaskawa Electric Corporation, KUKA Robotics, AOS Group., SAS Institute, Nuance Communications Inc., Boston Dynamics, Brain Corp, Fetch.AI, Hanson Robotics, Affectiva
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What Is Covered In The Autonomous Agents Global Market Report?
• Market Size Forecast: Examine the autonomous agents market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the autonomous agents market for a structured understanding.
• Key Players Overview: Analyze major players in the autonomous agents market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the autonomous agents market.
• Segment Contributions: Evaluate how different segments drive overall growth in the autonomous agents market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the autonomous agents market.
• Industry Challenges: Identify potential risks and obstacles affecting the autonomous agents market.
• Competitive Landscape: Review strategic developments in the autonomous agents market, including expansions, agreements, and new product launches.
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