Market Research Future (MRFR) has published a cooked research report on the “Autonomous AI and Autonomous Agents Market” that contains information from 2018 to 2032. The Autonomous AI and Autonomous Agents Market is estimated to register a CAGR of 43.80% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Autonomous AI and Autonomous Agents Market— OneTrust (US), TrustArc (US), Securiti (US), BigID (US), Exterro (US), SAP (Germany), IBM (US), Collibra (US), DataGuard (Germany), LogicGate (US), Truyo (US), Segment (US), Spirion (US), Didomi (France), SureCloud (UK), DataGrail (US), Egnyte (US), WireWheel (US), Data Privacy Manager (UK), SAI360 (US), Straits Interactive (Singapore), Corporater (Norway), Transcend (US), Ketch (US), Secuvy (US), Clarip (US), DPOrganizer (UK), MineOS (Israel), Osano (Ireland), and PrivacyEngine (Ireland).
The global Autonomous AI and Autonomous Agents Market is accounted to register a CAGR of 43.80% during the forecast period and is estimated to reach USD 110.4280148 Billion by 2032.
The Autonomous AI and Autonomous Agents market are flourishing with advancements in robotics and AI technology. These systems, capable of independent decision-making and action, find applications in sectors such as autonomous vehicles, drones, and manufacturing, propelling market growth.
The global Autonomous AI and Autonomous Agents Market has been segmented based offering, technology and vertical.
On the basis of offering, the market is segmented into services, cloud, on-premises, and hardware. In the global market for autonomous AI and autonomous agents, the software sector led. This is due to the fact that various autonomous AI agents require ever-more complex software algorithms.
Based on technology, the global Autonomous AI and Autonomous Agents Market has been segmented into computer vision, natural language processing, machine learning, and context awareness. A sizeable portion of the market's income was created by the computer vision segment. The growing application of computer vision across a range of industries is one of the key development factors.
Based on vertical, the global Autonomous AI and Autonomous Agents Market has been segmented into BFSI, e-commerce and retail, telecommunications, manufacturing, health and life sciences, government and defense, media and entertainment, and other industries. The BFSI sector dominated the market in 2022.
The global Autonomous AI and Autonomous Agents Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Autonomous AI and Autonomous Agents Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Autonomous AI and Autonomous Agents Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Autonomous AI and Autonomous Agents Market comprises of Middle East, Africa, and Latin America.
The North America autonomous AI and autonomous agents market dominated this market in 2022 (45.80%). The region's growing demand for automation, better customer service, and advanced data analytics is the reason for this. Additionally, it is projected that the presence of tech hubs and talent pools in this region will accelerate market expansion.
Moreover, the Europe market has been persistently growing over the forecast period. The second-largest market share belongs to the autonomous AI and autonomous agents market in Europe. This is as a result of increased interest in artificial intelligence and machine learning research and development.
The Asia-Pacific autonomous AI and autonomous agents market is expected to grow at the fastest CAGR from 2023 to 2032. This is a result of the area's quick economic expansion and urbanization.
Furthermore, the rest of the world's Autonomous AI and Autonomous Agents Market is divided into the Middle East, Africa, and Latin America. Latin America's Autonomous AI and Autonomous Agents market are emerging as industries embrace autonomous technologies for applications like autonomous vehicles and robotic automation. This market is poised for growth as businesses seek innovative solutions to enhance operational efficiency and competitiveness.
Key Findings of the Study