The Business Research Company’s Autonomous AI And Autonomous Agents Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Autonomous AI And Autonomous Agents Global Market Report 2023 evaluates autonomous AI and autonomous agents market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global autonomous AI and autonomous agents market is expected to grow from $3.43 billion in 2022 to $4.93 billion in 2023 at a compound annual growth rate (CAGR) of 43.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The autonomous AI and autonomous agents market is expected to reach $20.92 billion in 2027 at a CAGR of 43.5%.
Increasing AI applications are expected to propel the growth of the autonomous AI and autonomous agents market going forward. AI applications refer to practically implementing and utilizing artificial intelligence (AI) technologies in various domains and sectors. Autonomous AI and autonomous agents use AI for enhanced efficiency, improved decision-making, risk reduction, and cost savings. For instance, in November 2022, according to reports shared by Salesforce Inc., a US-based software company, 57% of businesses used AI applications to improve customer service in 2022. Furthermore, in April 2023, according to Forbes Media LLC, a US-based media company, for internal communications, over half (46% of business owners) utilized AI, 97% of company owners think ChatGPT would benefit their operation, and 73% of business firms will use AI-powered chatbots for instant messaging in 2022. Therefore, increasing AI applications are driving the growth of the autonomous AI market.
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The autonomous AI and autonomous agents market segments in the report are:
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
Major Players:
The table of contents in TBRC’s autonomous AI and autonomous agents market report includes:
1. Executive Summary
2. Autonomous AI And Autonomous Agents Market Characteristics
3. Autonomous AI And Autonomous Agents Market Trends And Strategies
4. Autonomous AI And Autonomous Agents Market – Macro Economic Scenario
5. Autonomous AI And Autonomous Agents Market Size And Growth
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28. Key Mergers And Acquisitions In The Autonomous AI And Autonomous Agents Market
29. Autonomous AI And Autonomous Agents Market Future Outlook and Potential Analysis
30. Appendix
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