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Autonomous AI and Autonomous Agents Market Size

Report ID: GMI7401 Published Date: November 2024Report Format: PDF
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Autonomous AI and Autonomous Agents Market Size

The global autonomous AI and autonomous agents market size was valued at USD 6.8 billion in 2024 and is estimated to register a CAGR of 30.3% between 2025 and 2034. The growth of the market can be attributed to the increasing adoption of AI among businesses across the globe. Organizations leverage AI, from customer service chatbots to sophisticated analytics, to boost efficiency and foster innovation. Recognizing the transformative power of autonomous AI and agents in streamlining processes, refining decision-making, and offering tailored solutions, companies are rapidly adopting the technology, leading to market expansion.

 

Autonomous AI and Autonomous Agents Market

According to Statista, in 2023, the global AI adoption rate in businesses reached 55% with robotic process automation and computer vision being the most adopted AI capabilities among businesses.

 

Governments across the world are investing in AI technologies to enhance public services, improve infrastructure, and support digital transformation. For instance, in March 2024, the Indian government approved a USD 1.25 billion investment in AI projects. This funding will enhance computing infrastructure, develop large language models, support AI startups, and create AI applications for the public sector.

 

In addition to public sector investments, private companies are heavily funding AI research and development to stay competitive. This investment drive innovation and create a supportive ecosystem for the development of AI solutions. Industries including defense, healthcare, and smart city initiatives are particularly benefit from these investments, which speedup the development and deployment of autonomous systems.

 

Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

How big is the autonomous AI and autonomous agents market?+

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.

What is the size of the BFSI sector in the autonomous AI and autonomous agents industry?+

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.

How much is the North America autonomous AI and autonomous agents market worth?+

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.

Who are the major players in the autonomous AI and autonomous agents industry?+

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

Autonomous AI and Autonomous Agents Market Scope

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