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Autonomous AI and Autonomous Agents Market Analysis

  • Report ID: GMI7401
  • Published Date: Nov 2023
  • Report Format: PDF

Autonomous AI and Autonomous Agents Market Analysis

Based on the deployment model, the cloud segment held over 64% of the market share in 2022, owing to its role in facilitating centralized storage, processing power, and collaboration. Cloud computing supports resource-intensive AI tasks, allowing seamless integration and updates across a network of autonomous agents. This centralized approach enhances scalability, collaboration, and accessibility, making it a key enabler for deploying and managing increasingly sophisticated autonomous AI systems, contributing to segment expansion.
 

 Autonomous AI and Autonomous Agents Market Share, By Technology, 2022

Based on technology, the machine learning segment accounted for 35% of the autonomous AI and autonomous agents market share in 2022, due to its pivotal role in enhancing system capabilities. Machine learning algorithms enable these systems to continuously improve and adapt based on data patterns, optimizing performance and decision-making.
 

As the demand for more intelligent and autonomous solutions rises across various industries, the reliance on machine learning becomes paramount, driving segment growth. For instance, in October 2023, Etisalat launched an AI-powered autonomous store, which includes 'Pay & Pick' and 'Pick & Go' capabilities, AI, machine learning, facial recognition, smart gates, robotics, smart shelves, and smart dispensing machines.
 

U.S. Autonomous AI and Autonomous Agents Market, 2021 -2032, (USD Billion)

North America autonomous AI and autonomous agents market recorded around 38% of the revenue share in 2022, attributed to its robust technological infrastructure, substantial investment in AI research & development, and a thriving ecosystem of tech companies. The region's early adoption of autonomous technologies, supportive regulatory environment, and increasing applications in sectors including healthcare, finance, and transportation contribute to its projected expansion, making North America a key player and innovator in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of autonomous ai and autonomous agents reached USD 4.2 billion in 2022 and is set to grow at a CAGR of over 36.5% through 2032, propelled by the increasing integration of AI into business operations including customer service chatbots to advanced analytics.

The cloud deployment segment held a market share of over 64% in 2022, owing to its role in facilitating centralized storage, processing power, and collaboration.

North America Autonomous market accounted for a revenue share of over 38% in 2022, driven by the robust technological infrastructure, substantial investment in AI R&D, and a thriving ecosystem of tech companies in the region.

Google, Microsoft, IBM, Open AI, Sales Force, SAP SE are some of the major industry contenders.

Autonomous AI and Autonomous Agents Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 342
  • Countries covered: 21
  • Pages: 250
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