Autonomous Al and Autonomous Agents Market

Autonomous Al and Autonomous Agents Market Size, Share, Growth Analysis, By Offering:(Hardware, Software), By Type(Computational Agents, Robotic Agents), By Deployment:(Cloud, On-premises), By Technology:(Machine Learning, Deep Learning), By Vertical:(BFSI, Retail and Ecommerce), By Region:(North America, Europe) - Industry Forecast 2023-2030


Report ID: UCMIG45A2107 | Region: Global | Published Date: Upcoming | Pages: 165 | Tables: 55 | Figures: 60

Autonomous Al and Autonomous Agents Market Insights

Market Overview:

The revenue of the global market for autonomous AI and autonomous agents exceeded $4.8 billion in 2023 and is expected to reach over $28.5 billion by 2028, recording a CAGR of 43.0% over the forecasted period of 2023–2028. the main forces are Increasing AI applications will serve as a catalyst for autonomous AI and autonomous agents, and more parallel processing resources will be available.

Autonomous Al and Autonomous Agents Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Autonomous Al and Autonomous Agents Market is segmented by Offering:, Type, Deployment:, Technology:, Vertical:, Region:. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Autonomous Al and Autonomous Agents Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Offering: the market is segmented as, Hardware, Software
  • Based on Type the market is segmented as, Computational Agents, Robotic Agents
  • Based on Deployment: the market is segmented as, Cloud, On-premises, Services
  • Based on Technology: the market is segmented as, Machine Learning, Deep Learning, Supervised Learning, Unsupervised Learning, Reinforcement Learning, Large Language Models, Natural Language Processing, Context Awareness, Computer Vision
  • Based on Vertical: the market is segmented as, BFSI, Retail and Ecommerce, Telecommunications, Manufacturing, Healthcare and Life Sciences, Energy & Utilities, Automotive, Transportations, and Logistics, Government & Defense, Media & Entertainment, Others
  • Based on Region: the market is segmented as, North America, Europe, Asia Pacific, Middle East & Africa, Latin America, KEY MARKET PLAYERS, IBM, AWS, Microsoft, Oracle, Google, Waymo LLC, DeepMind, OpenAI, Salesforce, SAP SE, NVIDIA Corporation, Baidu, ServiceNow, H2O.ai, Genesys, Aerogility, Kore.ai, Fetch.ai, Automation Anywhere, Tecnotree, C3.ai, Helpshift, Algotive, CognosysAI, Level AI, Mobileye, Deeproute.ai, Cogito, Uber Technologies

Regional Analysis:

Autonomous Al and Autonomous Agents Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Autonomous Al and Autonomous Agents Market Attractiveness Analysis, By Region 2020-2028
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Autonomous Al and Autonomous Agents Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Autonomous Al and Autonomous Agents Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Autonomous Al and Autonomous Agents Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Autonomous Al and Autonomous Agents Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Autonomous Al and Autonomous Agents Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • Autonomous AI and Autonomous Agents Market size as per revenue was exceeded $4.8 billion in 2023 and is poised to hit around $28.5 billion by 2028, records a CAGR of 43.0% for the anticipated period, 2023-2028. The expansion of autonomous AI and agents is propelled by various factors, including the rising adoption of AI applications, the improved accessibility of parallel computational resources, and advancements in autonomous driving and healthcare.
  • Driver: Increasing AI Applications as a Catalyst for Autonomous AI and Agents
  • One significant driver for the rise of autonomous AI and agents is the increasing number of AI applications across diverse domains. From healthcare and finance to transportation and manufacturing, AI is being employed to solve complex problems and optimize processes. These applications leverage advanced algorithms, machine learning, and data analysis techniques to extract valuable insights and automate decision-making. As the demand for efficient and intelligent solutions grows, so does the need for autonomous AI systems and agents that can adapt and operate independently without constant human intervention.
  • Restraint: Limited Adaptability and Contextual Understanding in Autonomous AI and Agents
  • Limited adaptability and contextual understanding are significant restraints that impede the effectiveness of autonomous AI and agents in various domains. These restraints arise from the complexity of human interactions and the dynamic nature of real-world scenarios. While AI systems may excel at specific tasks within predefined parameters, they often struggle to adapt to unfamiliar situations or handle unpredictable environments. Contextual understanding, which involves interpreting and responding appropriately to diverse cues and environmental factors, presents a challenging task for AI algorithms.
  • Opportunity: Healthcare Advancements with Autonomous AI and Agents
  • Healthcare advancements present a remarkable opportunity for the application of autonomous AI and agents, revolutionizing the way medical care is delivered. These technologies have the potential to enhance diagnosis, treatment planning, and drug discovery, leading to improved patient outcomes and optimized healthcare delivery. Autonomous AI can analyze vast amounts of medical data, including patient records, lab results, and medical imaging, to assist healthcare professionals in accurate diagnosis.
  • Challenge: Ethical and legal concerns pose significant challenges for Market
  • As autonomous AI systems and agents become more advanced and pervasive, several ethical considerations arise. One major concern is the potential for accidents and harm caused by autonomous vehicles or robots. Determining liability in case of accidents involving autonomous systems raises complex legal questions. Legal frameworks and regulations often struggle to keep pace with rapidly evolving autonomous AI technologies. Establishing comprehensive legal frameworks that address liability, privacy, safety standards, and data protection becomes crucial.
  • By vertical, BFSI segment accounts for the largest market size during the forecast period
  • The BFSI (Banking, Financial Services, and Insurance) sector has experienced a transformative impact from Autonomous AI and Autonomous Agents, revolutionizing how financial institutions operate and deliver services. These advanced technologies offer unparalleled opportunities for automation, enhanced decision-making, and improved customer experiences. Autonomous AI systems in the BFSI sector leverage machine learning algorithms to analyze vast amounts of financial data, detect patterns, and make autonomous decisions in areas such as fraud detection, risk management, and investment strategies.
  • By services, the Training, Support, & Maintenance segment is projected to grow at the highest CAGR during the forecast period
  • Training, support, and maintenance services in the field of Autonomous AI and Agents are crucial for organizations seeking to utilize and maintain their AI systems effectively. Training services focus on empowering users with the necessary skills and knowledge to leverage the capabilities of AI technologies and agent systems. Support services encompass technical assistance and troubleshooting to address any issues or challenges that may arise during the operation of AI systems. Maintenance services focus on proactive monitoring, performance optimization, and regular updates to ensure the reliability and longevity of AI systems.
  • North America to account for the largest market size during the forecast period
  • North America, specifically the United States and Canada, is a leading region in the development and adoption of Autonomous AI and Autonomous Agents. The region is home to major technology companies, research institutions, and startups at the forefront of artificial intelligence advancements. Autonomous AI refers to the ability of AI systems to operate and make decisions without human intervention. In North America, autonomous AI finds applications in various sectors, including transportation, healthcare, finance, manufacturing, and entertainment.
  • Recent Developments:
  • In May 2023, IBM unveiled WatsonX, a new AI and data platform that will enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data. WatsonX is a comprehensive platform that includes an AI development studio, a data store, and an AI governance toolkit.
  • In March 2023, Amazon announced the Amazon Chime SDK integration with Amazon Lex for chatbots that allows builders to develop persistent conversational chat interfaces using a simplified architecture. This new integration enables builders to create AI-powered chat tools that understand natural language.
  • In June 2022, Waymo announced a partnership with Uber under which Waymo Via’s self-driving trucks will be able to use Uber Freight’s network of shippers and carriers to find loads and book transportation. This will allow Waymo to expand its reach and offer its customers more options for shipping their goods.
  • In, September 2021, Google Cloud announced a major upgrade to its Vertex AI platform, which includes expanded support for PyTorch and TensorFlow, new AutoML capabilities, and improved data preparation and management tools.
  • In September 2020, IBM and ProMare announced the completion and launch of the Mayflower Autonomous Ship (MAS), a fully autonomous research vessel that is powered by IBM AI, automation, cloud, and edge technologies. The partnership between IBM and ProMare is a significant development in the field of autonomous shipping.
  • KEY MARKET SEGMENTS
  • By Offering:
  • Hardware
  • Software
  • By Type
  • Computational Agents
  • Robotic Agents
  • By Deployment:
  • Cloud
  • On-premises
  • Services
  • By Technology:
  • Machine Learning
  • Deep Learning
  • Supervised Learning
  • Unsupervised Learning
  • Reinforcement Learning
  • Large Language Models
  • Natural Language Processing
  • Context Awareness
  • Computer Vision
  • By Vertical:
  • BFSI
  • Retail and Ecommerce
  • Telecommunications
  • Manufacturing
  • Healthcare and Life Sciences
  • Energy & Utilities
  • Automotive, Transportations, and Logistics
  • Government & Defense
  • Media & Entertainment
  • Others
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
  • KEY MARKET PLAYERS
  • IBM
  • AWS
  • Microsoft
  • Oracle
  • Google
  • Waymo LLC
  • DeepMind
  • OpenAI
  • Salesforce
  • SAP SE
  • NVIDIA Corporation
  • Baidu
  • ServiceNow
  • H2O.ai
  • Genesys
  • Aerogility
  • Kore.ai
  • Fetch.ai
  • Automation Anywhere
  • Tecnotree
  • C3.ai
  • Helpshift
  • Algotive
  • CognosysAI
  • Level AI
  • Mobileye
  • Deeproute.ai
  • Cogito
  • Uber Technologies
  • Attri

SkyQuest's Expertise:

The Autonomous Al and Autonomous Agents Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Offering: - Hardware, Software
  • By Type - Computational Agents, Robotic Agents
  • By Deployment: - Cloud, On-premises, Services
  • By Technology: - Machine Learning, Deep Learning, Supervised Learning, Unsupervised Learning, Reinforcement Learning, Large Language Models, Natural Language Processing, Context Awareness, Computer Vision
  • By Vertical: - BFSI, Retail and Ecommerce, Telecommunications, Manufacturing, Healthcare and Life Sciences, Energy & Utilities, Automotive, Transportations, and Logistics, Government & Defense, Media & Entertainment, Others
  • By Region: - North America, Europe, Asia Pacific, Middle East & Africa, Latin America, KEY MARKET PLAYERS, IBM, AWS, Microsoft, Oracle, Google, Waymo LLC, DeepMind, OpenAI, Salesforce, SAP SE, NVIDIA Corporation, Baidu, ServiceNow, H2O.ai, Genesys, Aerogility, Kore.ai, Fetch.ai, Automation Anywhere, Tecnotree, C3.ai, Helpshift, Algotive, CognosysAI, Level AI, Mobileye, Deeproute.ai, Cogito, Uber Technologies
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • Autonomous AI and Autonomous Agents Market size as per revenue was exceeded $4.8 billion in 2023 and is poised to hit around $28.5 billion by 2028, records a CAGR of 43.0% for the anticipated period, 2023-2028. The expansion of autonomous AI and agents is propelled by various factors, including the rising adoption of AI applications, the improved accessibility of parallel computational resources, and advancements in autonomous driving and healthcare.
  • Driver: Increasing AI Applications as a Catalyst for Autonomous AI and Agents
  • One significant driver for the rise of autonomous AI and agents is the increasing number of AI applications across diverse domains. From healthcare and finance to transportation and manufacturing, AI is being employed to solve complex problems and optimize processes. These applications leverage advanced algorithms, machine learning, and data analysis techniques to extract valuable insights and automate decision-making. As the demand for efficient and intelligent solutions grows, so does the need for autonomous AI systems and agents that can adapt and operate independently without constant human intervention.
  • Restraint: Limited Adaptability and Contextual Understanding in Autonomous AI and Agents
  • Limited adaptability and contextual understanding are significant restraints that impede the effectiveness of autonomous AI and agents in various domains. These restraints arise from the complexity of human interactions and the dynamic nature of real-world scenarios. While AI systems may excel at specific tasks within predefined parameters, they often struggle to adapt to unfamiliar situations or handle unpredictable environments. Contextual understanding, which involves interpreting and responding appropriately to diverse cues and environmental factors, presents a challenging task for AI algorithms.
  • Opportunity: Healthcare Advancements with Autonomous AI and Agents
  • Healthcare advancements present a remarkable opportunity for the application of autonomous AI and agents, revolutionizing the way medical care is delivered. These technologies have the potential to enhance diagnosis, treatment planning, and drug discovery, leading to improved patient outcomes and optimized healthcare delivery. Autonomous AI can analyze vast amounts of medical data, including patient records, lab results, and medical imaging, to assist healthcare professionals in accurate diagnosis.
  • Challenge: Ethical and legal concerns pose significant challenges for Market
  • As autonomous AI systems and agents become more advanced and pervasive, several ethical considerations arise. One major concern is the potential for accidents and harm caused by autonomous vehicles or robots. Determining liability in case of accidents involving autonomous systems raises complex legal questions. Legal frameworks and regulations often struggle to keep pace with rapidly evolving autonomous AI technologies. Establishing comprehensive legal frameworks that address liability, privacy, safety standards, and data protection becomes crucial.
  • By vertical, BFSI segment accounts for the largest market size during the forecast period
  • The BFSI (Banking, Financial Services, and Insurance) sector has experienced a transformative impact from Autonomous AI and Autonomous Agents, revolutionizing how financial institutions operate and deliver services. These advanced technologies offer unparalleled opportunities for automation, enhanced decision-making, and improved customer experiences. Autonomous AI systems in the BFSI sector leverage machine learning algorithms to analyze vast amounts of financial data, detect patterns, and make autonomous decisions in areas such as fraud detection, risk management, and investment strategies.
  • By services, the Training, Support, & Maintenance segment is projected to grow at the highest CAGR during the forecast period
  • Training, support, and maintenance services in the field of Autonomous AI and Agents are crucial for organizations seeking to utilize and maintain their AI systems effectively. Training services focus on empowering users with the necessary skills and knowledge to leverage the capabilities of AI technologies and agent systems. Support services encompass technical assistance and troubleshooting to address any issues or challenges that may arise during the operation of AI systems. Maintenance services focus on proactive monitoring, performance optimization, and regular updates to ensure the reliability and longevity of AI systems.
  • North America to account for the largest market size during the forecast period
  • North America, specifically the United States and Canada, is a leading region in the development and adoption of Autonomous AI and Autonomous Agents. The region is home to major technology companies, research institutions, and startups at the forefront of artificial intelligence advancements. Autonomous AI refers to the ability of AI systems to operate and make decisions without human intervention. In North America, autonomous AI finds applications in various sectors, including transportation, healthcare, finance, manufacturing, and entertainment.
  • Recent Developments:
  • In May 2023, IBM unveiled WatsonX, a new AI and data platform that will enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data. WatsonX is a comprehensive platform that includes an AI development studio, a data store, and an AI governance toolkit.
  • In March 2023, Amazon announced the Amazon Chime SDK integration with Amazon Lex for chatbots that allows builders to develop persistent conversational chat interfaces using a simplified architecture. This new integration enables builders to create AI-powered chat tools that understand natural language.
  • In June 2022, Waymo announced a partnership with Uber under which Waymo Via’s self-driving trucks will be able to use Uber Freight’s network of shippers and carriers to find loads and book transportation. This will allow Waymo to expand its reach and offer its customers more options for shipping their goods.
  • In, September 2021, Google Cloud announced a major upgrade to its Vertex AI platform, which includes expanded support for PyTorch and TensorFlow, new AutoML capabilities, and improved data preparation and management tools.
  • In September 2020, IBM and ProMare announced the completion and launch of the Mayflower Autonomous Ship (MAS), a fully autonomous research vessel that is powered by IBM AI, automation, cloud, and edge technologies. The partnership between IBM and ProMare is a significant development in the field of autonomous shipping.
  • KEY MARKET SEGMENTS
  • By Offering:
  • Hardware
  • Software
  • By Type
  • Computational Agents
  • Robotic Agents
  • By Deployment:
  • Cloud
  • On-premises
  • Services
  • By Technology:
  • Machine Learning
  • Deep Learning
  • Supervised Learning
  • Unsupervised Learning
  • Reinforcement Learning
  • Large Language Models
  • Natural Language Processing
  • Context Awareness
  • Computer Vision
  • By Vertical:
  • BFSI
  • Retail and Ecommerce
  • Telecommunications
  • Manufacturing
  • Healthcare and Life Sciences
  • Energy & Utilities
  • Automotive, Transportations, and Logistics
  • Government & Defense
  • Media & Entertainment
  • Others
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
  • KEY MARKET PLAYERS
  • IBM
  • AWS
  • Microsoft
  • Oracle
  • Google
  • Waymo LLC
  • DeepMind
  • OpenAI
  • Salesforce
  • SAP SE
  • NVIDIA Corporation
  • Baidu
  • ServiceNow
  • H2O.ai
  • Genesys
  • Aerogility
  • Kore.ai
  • Fetch.ai
  • Automation Anywhere
  • Tecnotree
  • C3.ai
  • Helpshift
  • Algotive
  • CognosysAI
  • Level AI
  • Mobileye
  • Deeproute.ai
  • Cogito
  • Uber Technologies
  • Attri
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Autonomous Al and Autonomous Agents Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Autonomous Al and Autonomous Agents Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • Autonomous AI and Autonomous Agents Market size as per revenue was exceeded $4.8 billion in 2023 and is poised to hit around $28.5 billion by 2028, records a CAGR of 43.0% for the anticipated period, 2023-2028. The expansion of autonomous AI and agents is propelled by various factors, including the rising adoption of AI applications, the improved accessibility of parallel computational resources, and advancements in autonomous driving and healthcare.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver: Increasing AI Applications as a Catalyst for Autonomous AI and Agents
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • One significant driver for the rise of autonomous AI and agents is the increasing number of AI applications across diverse domains. From healthcare and finance to transportation and manufacturing, AI is being employed to solve complex problems and optimize processes. These applications leverage advanced algorithms, machine learning, and data analysis techniques to extract valuable insights and automate decision-making. As the demand for efficient and intelligent solutions grows, so does the need for autonomous AI systems and agents that can adapt and operate independently without constant human intervention.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint: Limited Adaptability and Contextual Understanding in Autonomous AI and Agents
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Limited adaptability and contextual understanding are significant restraints that impede the effectiveness of autonomous AI and agents in various domains. These restraints arise from the complexity of human interactions and the dynamic nature of real-world scenarios. While AI systems may excel at specific tasks within predefined parameters, they often struggle to adapt to unfamiliar situations or handle unpredictable environments. Contextual understanding, which involves interpreting and responding appropriately to diverse cues and environmental factors, presents a challenging task for AI algorithms.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity: Healthcare Advancements with Autonomous AI and Agents
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Healthcare advancements present a remarkable opportunity for the application of autonomous AI and agents, revolutionizing the way medical care is delivered. These technologies have the potential to enhance diagnosis, treatment planning, and drug discovery, leading to improved patient outcomes and optimized healthcare delivery. Autonomous AI can analyze vast amounts of medical data, including patient records, lab results, and medical imaging, to assist healthcare professionals in accurate diagnosis.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge: Ethical and legal concerns pose significant challenges for Market
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • As autonomous AI systems and agents become more advanced and pervasive, several ethical considerations arise. One major concern is the potential for accidents and harm caused by autonomous vehicles or robots. Determining liability in case of accidents involving autonomous systems raises complex legal questions. Legal frameworks and regulations often struggle to keep pace with rapidly evolving autonomous AI technologies. Establishing comprehensive legal frameworks that address liability, privacy, safety standards, and data protection becomes crucial.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By vertical, BFSI segment accounts for the largest market size during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The BFSI (Banking, Financial Services, and Insurance) sector has experienced a transformative impact from Autonomous AI and Autonomous Agents, revolutionizing how financial institutions operate and deliver services. These advanced technologies offer unparalleled opportunities for automation, enhanced decision-making, and improved customer experiences. Autonomous AI systems in the BFSI sector leverage machine learning algorithms to analyze vast amounts of financial data, detect patterns, and make autonomous decisions in areas such as fraud detection, risk management, and investment strategies.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By services, the Training, Support, & Maintenance segment is projected to grow at the highest CAGR during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Training, support, and maintenance services in the field of Autonomous AI and Agents are crucial for organizations seeking to utilize and maintain their AI systems effectively. Training services focus on empowering users with the necessary skills and knowledge to leverage the capabilities of AI technologies and agent systems. Support services encompass technical assistance and troubleshooting to address any issues or challenges that may arise during the operation of AI systems. Maintenance services focus on proactive monitoring, performance optimization, and regular updates to ensure the reliability and longevity of AI systems.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America to account for the largest market size during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America, specifically the United States and Canada, is a leading region in the development and adoption of Autonomous AI and Autonomous Agents. The region is home to major technology companies, research institutions, and startups at the forefront of artificial intelligence advancements. Autonomous AI refers to the ability of AI systems to operate and make decisions without human intervention. In North America, autonomous AI finds applications in various sectors, including transportation, healthcare, finance, manufacturing, and entertainment.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In May 2023, IBM unveiled WatsonX, a new AI and data platform that will enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data. WatsonX is a comprehensive platform that includes an AI development studio, a data store, and an AI governance toolkit.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In March 2023, Amazon announced the Amazon Chime SDK integration with Amazon Lex for chatbots that allows builders to develop persistent conversational chat interfaces using a simplified architecture. This new integration enables builders to create AI-powered chat tools that understand natural language.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In June 2022, Waymo announced a partnership with Uber under which Waymo Via’s self-driving trucks will be able to use Uber Freight’s network of shippers and carriers to find loads and book transportation. This will allow Waymo to expand its reach and offer its customers more options for shipping their goods.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In, September 2021, Google Cloud announced a major upgrade to its Vertex AI platform, which includes expanded support for PyTorch and TensorFlow, new AutoML capabilities, and improved data preparation and management tools.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In September 2020, IBM and ProMare announced the completion and launch of the Mayflower Autonomous Ship (MAS), a fully autonomous research vessel that is powered by IBM AI, automation, cloud, and edge technologies. The partnership between IBM and ProMare is a significant development in the field of autonomous shipping.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Offering:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Hardware
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Software
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Computational Agents
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Robotic Agents
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Deployment:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Cloud
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • On-premises
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Services
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Technology:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Machine Learning
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Deep Learning
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Supervised Learning
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Unsupervised Learning
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Reinforcement Learning
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Large Language Models
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Natural Language Processing
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Context Awareness
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Computer Vision
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Vertical:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • BFSI
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Retail and Ecommerce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Telecommunications
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Manufacturing
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Healthcare and Life Sciences
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Energy & Utilities
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automotive, Transportations, and Logistics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Government & Defense
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Media & Entertainment
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East & Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • IBM
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • AWS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Microsoft
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Oracle
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Google
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Waymo LLC
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • DeepMind
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • OpenAI
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Salesforce
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SAP SE
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • NVIDIA Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Baidu
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ServiceNow
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • H2O.ai
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Genesys
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Aerogility
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Kore.ai
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Fetch.ai
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automation Anywhere
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Tecnotree
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • C3.ai
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Helpshift
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Algotive
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • CognosysAI
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Level AI
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mobileye
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Deeproute.ai
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Cogito
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Uber Technologies
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Attri
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Autonomous Al and Autonomous Agents Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Autonomous Al and Autonomous Agents Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

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Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Autonomous Al and Autonomous Agents Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Autonomous Al and Autonomous Agents Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

The global market for Autonomous Al and Autonomous Agents was estimated to be valued at US$ XX Mn in 2021.

The global Autonomous Al and Autonomous Agents Market is estimated to grow at a CAGR of XX% by 2028.

The global Autonomous Al and Autonomous Agents Market is segmented on the basis of Offering:, Type, Deployment:, Technology:, Vertical:, Region:.

Based on region, the global Autonomous Al and Autonomous Agents Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Autonomous Al and Autonomous Agents Market are Autonomous AI and Autonomous Agents Market size as per revenue was exceeded $4.8 billion in 2023 and is poised to hit around $28.5 billion by 2028, records a CAGR of 43.0% for the anticipated period, 2023-2028. The expansion of autonomous AI and agents is propelled by various factors, including the rising adoption of AI applications, the improved accessibility of parallel computational resources, and advancements in autonomous driving and healthcare. , Driver: Increasing AI Applications as a Catalyst for Autonomous AI and Agents , One significant driver for the rise of autonomous AI and agents is the increasing number of AI applications across diverse domains. From healthcare and finance to transportation and manufacturing, AI is being employed to solve complex problems and optimize processes. These applications leverage advanced algorithms, machine learning, and data analysis techniques to extract valuable insights and automate decision-making. As the demand for efficient and intelligent solutions grows, so does the need for autonomous AI systems and agents that can adapt and operate independently without constant human intervention. , Restraint: Limited Adaptability and Contextual Understanding in Autonomous AI and Agents , Limited adaptability and contextual understanding are significant restraints that impede the effectiveness of autonomous AI and agents in various domains. These restraints arise from the complexity of human interactions and the dynamic nature of real-world scenarios. While AI systems may excel at specific tasks within predefined parameters, they often struggle to adapt to unfamiliar situations or handle unpredictable environments. Contextual understanding, which involves interpreting and responding appropriately to diverse cues and environmental factors, presents a challenging task for AI algorithms. , Opportunity: Healthcare Advancements with Autonomous AI and Agents , Healthcare advancements present a remarkable opportunity for the application of autonomous AI and agents, revolutionizing the way medical care is delivered. These technologies have the potential to enhance diagnosis, treatment planning, and drug discovery, leading to improved patient outcomes and optimized healthcare delivery. Autonomous AI can analyze vast amounts of medical data, including patient records, lab results, and medical imaging, to assist healthcare professionals in accurate diagnosis. , Challenge: Ethical and legal concerns pose significant challenges for Market , As autonomous AI systems and agents become more advanced and pervasive, several ethical considerations arise. One major concern is the potential for accidents and harm caused by autonomous vehicles or robots. Determining liability in case of accidents involving autonomous systems raises complex legal questions. Legal frameworks and regulations often struggle to keep pace with rapidly evolving autonomous AI technologies. Establishing comprehensive legal frameworks that address liability, privacy, safety standards, and data protection becomes crucial. , By vertical, BFSI segment accounts for the largest market size during the forecast period , The BFSI (Banking, Financial Services, and Insurance) sector has experienced a transformative impact from Autonomous AI and Autonomous Agents, revolutionizing how financial institutions operate and deliver services. These advanced technologies offer unparalleled opportunities for automation, enhanced decision-making, and improved customer experiences. Autonomous AI systems in the BFSI sector leverage machine learning algorithms to analyze vast amounts of financial data, detect patterns, and make autonomous decisions in areas such as fraud detection, risk management, and investment strategies. , By services, the Training, Support, & Maintenance segment is projected to grow at the highest CAGR during the forecast period , Training, support, and maintenance services in the field of Autonomous AI and Agents are crucial for organizations seeking to utilize and maintain their AI systems effectively. Training services focus on empowering users with the necessary skills and knowledge to leverage the capabilities of AI technologies and agent systems. Support services encompass technical assistance and troubleshooting to address any issues or challenges that may arise during the operation of AI systems. Maintenance services focus on proactive monitoring, performance optimization, and regular updates to ensure the reliability and longevity of AI systems. , North America to account for the largest market size during the forecast period , North America, specifically the United States and Canada, is a leading region in the development and adoption of Autonomous AI and Autonomous Agents. The region is home to major technology companies, research institutions, and startups at the forefront of artificial intelligence advancements. Autonomous AI refers to the ability of AI systems to operate and make decisions without human intervention. In North America, autonomous AI finds applications in various sectors, including transportation, healthcare, finance, manufacturing, and entertainment. , Recent Developments: , In May 2023, IBM unveiled WatsonX, a new AI and data platform that will enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data. WatsonX is a comprehensive platform that includes an AI development studio, a data store, and an AI governance toolkit. , In March 2023, Amazon announced the Amazon Chime SDK integration with Amazon Lex for chatbots that allows builders to develop persistent conversational chat interfaces using a simplified architecture. This new integration enables builders to create AI-powered chat tools that understand natural language. , In June 2022, Waymo announced a partnership with Uber under which Waymo Via’s self-driving trucks will be able to use Uber Freight’s network of shippers and carriers to find loads and book transportation. This will allow Waymo to expand its reach and offer its customers more options for shipping their goods. , In, September 2021, Google Cloud announced a major upgrade to its Vertex AI platform, which includes expanded support for PyTorch and TensorFlow, new AutoML capabilities, and improved data preparation and management tools. , In September 2020, IBM and ProMare announced the completion and launch of the Mayflower Autonomous Ship (MAS), a fully autonomous research vessel that is powered by IBM AI, automation, cloud, and edge technologies. The partnership between IBM and ProMare is a significant development in the field of autonomous shipping. , KEY MARKET SEGMENTS, By Offering: , Hardware , Software , By Type , Computational Agents , Robotic Agents , By Deployment: , Cloud , On-premises , Services , By Technology: , Machine Learning , Deep Learning , Supervised Learning , Unsupervised Learning , Reinforcement Learning , Large Language Models , Natural Language Processing , Context Awareness , Computer Vision , By Vertical: , BFSI , Retail and Ecommerce , Telecommunications , Manufacturing , Healthcare and Life Sciences , Energy & Utilities , Automotive, Transportations, and Logistics , Government & Defense , Media & Entertainment , Others , By Region: , North America , Europe , Asia Pacific , Middle East & Africa , Latin America , KEY MARKET PLAYERS , IBM , AWS , Microsoft , Oracle , Google , Waymo LLC , DeepMind , OpenAI , Salesforce , SAP SE , NVIDIA Corporation , Baidu , ServiceNow , H2O.ai , Genesys , Aerogility , Kore.ai , Fetch.ai , Automation Anywhere , Tecnotree , C3.ai , Helpshift , Algotive , CognosysAI , Level AI , Mobileye , Deeproute.ai , Cogito , Uber Technologies , Attri .

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Autonomous Al and Autonomous Agents Market

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