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What Is Driving Global Autonomous AI And Autonomous Agents Market Growth in 2025: The Role of Surging AI Applications To Drive Market Growth
Autonomous AI And Autonomous Agents Market
Autonomous AI And Autonomous Agents Market Size Growth Forecast: What to Expect by 2025?
In recent years, there has been an exponential increase in the size of the autonomous AI and autonomous agents market. Projected growth indicates an expansion from $6.97 billion in 2024 to a staggering $9.83 billion in 2025, with a compound annual growth rate (CAGR) of 41.1%. Factors such as improved computing capabilities, the spread of the Internet of Things (IoT), edge-to-cloud integration for smooth operation, improved connectivity infrastructure, and a rising demand for automation have all contributed to the growth seen in the historic period.
How Will the Autonomous AI And Autonomous Agents Market Size Evolve and Grow by 2029?
In the forthcoming years, a significant surge is predicted in the market of autonomous AI and autonomous agents, escalating it to $43.21 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 44.8%. This anticipated growth during the forecast period can be credited to the personalisation and customisation of AI solutions, amplified focus on AI systems' cybersecurity, AI's widespread in healthcare apps, increased demand for industry-specific solutions and the rise of edge intelligence. During this forecast period, the top trends to look out for include technological innovation in machine learning, developments in sensor technologies, advancements in computer vision, and the growth of robotic operating systems, natural language processing improvements, and the emergence of AI-backed virtual assistants and chatbots.
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What Drivers Are Propelling the Growth of Autonomous AI And Autonomous Agents Market Forward?
The rise in the practical implementation of artificial intelligence (AI), commonly referred to as AI applications, is predicted to boost the progression of the autonomous AI and autonomous agents market. These entities utilize AI to bolster efficiency, optimize decision-making processes, mitigate risks, and reduce costs. For example, Salesforce Inc., a prominent software corporation from the U.S, revealed in reports from November 2022 that 57% of companies utilized AI applications to enhance their customer service in 2022. Additionally, Forbes Media LLC, a renowned American media firm, disclosed in April 2023 that more than half (46%) of business owners implemented AI for internal communications. Similarly, 97% of the respondents believed that ChatGPT could positively contribute to their operations while 73% of businesses intended to employ AI-driven chatbots for prompt messaging in 2022. Consequently, the proliferation of AI applications contributes significantly to the expansion of the autonomous AI market.
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Which Emerging Trends Are Transforming the Autonomous AI And Autonomous Agents Market in 2025?
Advancements in AI technology data platforms are becoming a crucial trend in the autonomous AI and autonomous agent sector. Leading companies in this sector place significant emphasis on the development of innovative AI data platforms to maintain their competitive edge. For instance, in May 2023, International Business Machines Corporation (IBM), an American tech giant, unveiled the Watsonx platform - a new AI and data platform. The revolutionary platform is designed to assist businesses in scaling and enhancing the influence of the most sophisticated AI with reliable data. Constructed on the IBM Cloud Pak for Data, Watsonx possesses new features that simplify the process of building, deploying, and managing AI models for businesses. Meanwhile, Watsonx is a robust platform capable of aiding corporations in enhancing efficiency, reducing expenditures, increasing accuracy, and augmenting agility. As such, it is a precious resource for companies intending to adopt AI.
What Are the Key Segments in the Autonomous AI And Autonomous Agents Market?
The autonomous ai and autonomous agentsmarket 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
Subsegments:
1) By Hardware: Sensors, Actuators, Computing Units, Robotics Platforms
2) By Software: Machine Learning Algorithms, Natural Language Processing (NLP) Software, Computer Vision Software, Simulation Software, Autonomous Navigation Software
3) By Service: Consulting Services, Integration Services, Maintenance And Support Services, Training And Development Services
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Who Are the Key Players Shaping the Autonomous AI And Autonomous Agents Market's Competitive Landscape?
Major companies operating in the autonomous ai and autonomous agents market include Alphabet Inc., Microsoft Corporation, Amazon Web Services Inc., Siemens AG, Intel Corporation, accenture* 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
What Geographic Markets Are Powering Growth in the Autonomous AI And Autonomous Agents Market?
North America was the largest region in the autonomous AI and 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 ai and autonomous agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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