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Autonomous AI and Autonomous Agents Market Share

Report ID: GMI7401
Published Date: Nov 2024
Report Format: PDF

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Autonomous AI and Autonomous Agents Market Share

Autonomous AI and Autonomous Agents Company Market Share, 2024

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Google and Microsoft hold a market share of over 10% in the autonomous AI and autonomous agents industry. Google is heavily investing in adding AI to its main products such as Google Cloud, Google Search, Google Assistant, and Waymo, its self-driving car division. These AI integrations aim to improve user experiences, provide better analytics, and make cloud services more efficient. Google Cloud's AI and machine learning features help businesses automate tasks, enhance predictions, and optimize data processing. This helps the company in strengthening its market position.

Microsoft is focusing on adding autonomous AI to its enterprise tools. For instance, Microsoft Azure offers AI-powered cloud services for industries such as finance, healthcare, and retail. Azure AI helps businesses build, train, and deploy AI solutions at scale. Additionally, Microsoft’s Power Automate uses AI to automate workflows, making business operations simpler and more productive.

Autonomous AI and Autonomous Agents Market Companies

Major players operating in the autonomous AI and autonomous agents industry include:

Deepmind
Google
IBM
Microsoft
Nvidia
OpenAI
Oracle
Salesforce
SAP SE
SAS Institute

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of autonomous AI and autonomous agents reached USD 6.8 billion in 2024 and is set to grow at a 30.3% CAGR from 2025 to 2034, driven by the increasing adoption of AI among businesses worldwide.

The BFSI sector held a market share of around 23% in 2024, led by the automation of customer service through AI-powered chatbots and virtual assistants, which enhance customer satisfaction and reduce operational costs.

North Americas market accounted for 40% of the revenue share in 2024, supported by the presence of numerous startups and established tech companies advancing AI innovation and increased government support for AI development.

The key players in the industry include Deepmind, Google, IBM, Microsoft, Nvidia, OpenAI, Oracle, Salesforce, SAP SE, and SAS Institute.