At what pace is the generative artificial intelligence (ai) in automation market growing, and what is its estimated value?
The generative artificial intelligence (AI) in automation market size has grown rapidly in recent years. It will grow from $1.53 $ billion in 2024 to $1.79 $ billion in 2025 at a compound annual growth rate (CAGR) of 17.2%. The growth in the historic period can be attributed to increase in computational power, rise of big data, improvements in natural language processing, growth in demand for personalized solutions, widespread adoption of cloud computing, and the evolution of neural networks.
The generative artificial intelligence (AI) in automation market size is expected to see rapid growth in the next few years. It will grow to $3.33 $ billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The growth in the forecast period can be attributed to increasing demand for intelligent process automation, cross-industry adoption, rising investments in AI, expanding applications in various sectors, growing emphasis on operational efficiency, and increasing need for enhanced customer experiences. Major trends in the forecast period include advancements in enhanced machine learning models, integration with IoT devices, improved natural language processing capabilities, adoption of AI-driven decision-making tools, personalized AI solutions, and development of more ethical and transparent AI systems.
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What are the top drivers to the rising demand in the generative artificial intelligence (ai) in automation market?
The increasing adoption of industrial robots is expected to propel the growth of the generative AI in automation market going forward. Industrial robots refer to programmable, automated machines designed to perform a wide range of manufacturing tasks with precision, speed, and consistency. The adoption of industrial robots is attributed to their ability to enhance production efficiency, improve product quality, reduce labor costs, and perform complex tasks with precision and consistency. Generative AI in automation enable industrial robots to optimize their operations through advanced planning and decision-making, enhance their adaptability to new tasks with minimal reprogramming, and improve their performance by generating precise, context-aware instructions and simulations for complex manufacturing processes. For instance, in June 2023, according to the International Federation of Robotics, a Germany-based non-profit organization to promote, strengthen, and protect the robotics industry worldwide, the number of installations of industrial robots in Europe was 72,000 units in 2022, a rise of 6% from 2021. Therefore, increasing adoption of industrial robots is driving the generative AI in automation market.
How is the generative artificial intelligence (ai) in automation market segmented?
The generative artificial intelligence (AI) in automation market covered in this report is segmented –
1) By Technology: Computer Vision, Natural Language Processing (NLP), Reinforcement Learning, Deep Learning, Other Technologies
2) By Application: Robotic Process Automation (RPA), Process Optimization, Intelligent Chatbots, Predictive Maintenance, Quality Control And Anomaly Detection, Other Applications
3) By End Users: Automotive, Aerospace, Electronics, Consumer Goods, Other End Users
Subsegments:
1) By Computer Vision: Image Recognition, Object Detection, Facial Recognition, Image Segmentation, Optical Character Recognition (OCR)
2) By Natural Language Processing (NLP): Text Analysis, Speech Recognition, Sentiment Analysis, Chatbots and Virtual Assistants, Machine Translation
3) By Reinforcement Learning: Model-Based Reinforcement Learning, Model-Free Reinforcement Learning, Deep Reinforcement Learning, Multi-Agent Reinforcement Learning
4) By Deep Learning: Neural Networks, Convolutional Neural Networks (CNN), Recurrent Neural Networks (RNN), Generative Adversarial Networks (GANs), Autoencoders
5) By Other Technologies: Robotic Process Automation (RPA), Edge AI, Quantum Computing in AI, Federated Learning, Explainable AI (XAI)
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Who are the top competitors in the generative artificial intelligence (ai) in automation market?
Major companies operating in the generative artificial intelligence (AI) in automation market are Microsoft Corporation, Amazon Web Services Inc., Siemens AG, General Electric Company, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Salesforce Inc., Nvidia Corporation, Zebra Technologies Corp., Autodesk Inc., SAS Institute Inc., OpenAI, Databricks Inc., UiPath Inc., Quantiphi, Darktrace plc, Automation Anywhere Inc., C3.ai Inc., Blue Prism, Google DeepMind Technologies Limited, Cerebras Systems Inc., Syntiant Corp., Clarifai Inc., Trifacta
What significant trends should we anticipate in the generative artificial intelligence (ai) in automation market over the forecast period?
Major companies operating in the generative artificial intelligence (AI) in automation market are developing workflow automation platforms to streamline complex workflows by automating repetitive tasks and decision-making processes. Workflow automation platforms are essential tools that enable organizations to optimize their operations by automating and managing business processes, leading to increased efficiency, reduced manual effort, and consistent execution across various tasks. For instance, in February 2024, Tungsten Automation, a US-based software company, launched TotalAgility 8, a business process management (BPM) and workflow automation platform designed to help organizations streamline and optimize their processes. The platform’s innovative features, including AI-powered Copilots and extensive document libraries, empower users of all skill levels to streamline operations effectively. With this launch, Tungsten Automation solidifies its position as a leader in the Intelligent Automation sector, driving transformative change for organizations.
Which regional trends are influencing the generative artificial intelligence (ai) in automation market, and which area dominates the industry?
North America was the largest region in the generative artificial intelligence (AI) in automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative artificial intelligence (AI) in automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Generative Artificial Intelligence (AI) In Automation Market Report 2025 Offer?
The generative artificial intelligence (ai) in automation market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Generative artificial intelligence (AI) in automation refers to the application of AI algorithms that autonomously generate, optimize, and enhance processes, designs, and systems in various automated industrial and technological environments. It leads to increased efficiency, enhanced innovation, reduced operational costs, improved decision-making, accelerate product development, and the ability to handle complex tasks autonomously.
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