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 further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the rising tide of AI applications in a variety of disciplines is a major factor in the development of autonomous AI and agents. The presence of key market player including Waymo (Alphabet Inc.), Tesla, Inc., NVIDIA Corp., Aurora Innovation and others across the region has further contributed to the high share of the regional market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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
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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