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Autonomous AI and Autonomous Agents Market by Offering (Hardware, Software (Type (Computational Agents, Robotic Agents)) and Services), Technology (ML, NLP, Context Awareness, Computer Vision), By Region And Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, And Forecast by 2032
  • Report ID 138210
  • Published Date July 2023
  • Delivery Format PDF/PPT/Word
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  • Report Details

    Autonomous AI and Autonomous Agents Market Overview and Statistics

    The field of artificial intelligence has been rapidly advancing in recent years, with autonomous AI and autonomous agents playing a significant role in shaping the future. These intelligent systems have the potential to revolutionize various industries, from healthcare to transportation and beyond.

    The global Autonomous AI and Autonomous Agents Market Size accounted for USD 4.9 Billion in 2023 and is estimated to garner a market size of USD 28.6 Billion by 2028 rising at a CAGR of 43.0% from 2023 to 2028. The market is being driven by the increasing demand for autonomous systems in a variety of industries, such as manufacturing, healthcare, and transportation.

    Key Takeaways

    • The global autonomous AI and autonomous agents market is expected to be dominated by North America, followed by Europe and Asia-Pacific.
    • The deep learning segment is expected to be the fastest-growing segment of the market during the forecast period.
    • The manufacturing segment is expected to be the largest end-user segment of the market during the forecast period.

    Autonomous AI and Autonomous Agents Market

    Top 5 Trends Propelling Sales:

    1. Industrial Automation: The manufacturing and logistics sectors are witnessing increased adoption of autonomous AI and autonomous agents for tasks such as robotic assembly, inventory management, and autonomous vehicles. The potential cost savings, improved productivity, and reduced human error are driving sales in these industries.
    2. Healthcare Applications: Autonomous AI and autonomous agents are being used in healthcare for various applications, including diagnosis assistance, robotic surgery, patient monitoring, and personalized medicine. The ability of these technologies to analyze vast amounts of medical data and provide accurate and timely insights is fueling their adoption.
    3. Autonomous Vehicles: The automotive industry is a key driver of the autonomous AI and autonomous agents market. The development of self-driving cars and autonomous delivery vehicles is gaining momentum, with companies investing heavily in research and development. The potential for enhanced safety, reduced traffic congestion, and improved transportation efficiency is propelling sales in this segment.
    4. Customer Service and Chatbots: Many businesses are leveraging autonomous AI and autonomous agents to enhance customer service through chatbots and virtual assistants. These systems can provide personalized assistance, answer inquiries, and resolve customer issues, leading to improved customer satisfaction and cost savings for companies.
    5. Defense and Security Applications: Autonomous AI and autonomous agents have significant implications for defense and security purposes. Autonomous drones, unmanned surveillance systems, and autonomous threat detection systems are being developed to enhance military capabilities and improve security in various domains. The defense sector is a major driver of sales in this market.

    World’s Largest Markets

    Country Market Size (2022) Market Size (2032) CAGR
    United States $4.8 billion $28.5 billion 43.0%
    China $2.5 billion $12.6 billion 42.0%
    Germany $1 billion $5.3 billion 41.0%
    Japan $500 million $2.6 billion 40.0%
    Others $1 billion $5.0 billion 40.0%

    Country-wise Top Exporters

    • United States: The United States is the largest exporter of autonomous AI and autonomous agents, accounting for 35% of global exports. The country is home to a number of leading autonomous AI and autonomous agents companies, such as Google, Amazon, and Tesla.
    • China: China is the second-largest exporter of autonomous AI and autonomous agents, accounting for 25% of global exports. The country is a major hub for manufacturing and robotics and is investing heavily in the development of autonomous AI and autonomous agents technologies.
    • Germany: Germany is the third-largest exporter of autonomous AI and autonomous agents, accounting for 10% of global exports. The country is home to a number of leading automotive and manufacturing companies, which are using autonomous AI and autonomous agents technologies to improve their operations.
    • Japan: Japan is the fourth-largest exporter of autonomous AI and autonomous agents, accounting for 5% of global exports. The country is a major hub for electronics and robotics and is investing heavily in the development of autonomous AI and autonomous agents technologies.
    • Others: The remaining 25% of global exports of autonomous AI and autonomous agents are accounted for by other countries, such as South Korea, France, and the United Kingdom.

    Market Dynamics
    Drivers
    The main drivers of the global autonomous AI and autonomous agents market are:

    • Increasing demand for automation in manufacturing
    • Growing need for safety and efficiency in healthcare
    • Rising adoption of autonomous vehicles in transportation

    Restraints
    The main restraints of the global autonomous AI and autonomous agents market are:

    • High cost of implementation
    • Lack of skilled manpower
    • Regulatory challenges

    Opportunities
    The main opportunities of the global autonomous AI and autonomous agents market are:

    • Development of new technologies
    • Expansion into new markets
    • Increased adoption by government and private sectors

    Challenges
    The main challenges of the global autonomous AI and autonomous agents market are:

    • Safety concerns
    • Security concerns
    • Privacy concerns

    Recent Developments

    Some of the recent developments in the global autonomous AI and autonomous agents market include:

    • The launch of new autonomous vehicles by Google, Uber, and other companies.
    • The development of new autonomous AI-powered robots for manufacturing and healthcare.
    • The introduction of new regulations for autonomous AI and autonomous agents.

    Top Key Players

    • IBM (US)
    • AWS (US)
    • Microsoft (US)
    • Oracle (US)
    • Google (US)
    • Waymo LLC (US)
    • DeepMind (UK)
    • OpenAI (US)
    • Salesforce (US)
    • SAP SE (Germany)
    • NVIDIA Corporation (US)
    • Baidu( China)
    • ServiceNow (US)
    • H2O.ai (US)
    • Genesys(US)
    • Aerogility (UK)
    • Kore.ai (US)
    • Fetch.ai (UK)
    • Automation Anywhere (US)
    • Tecnotree (Finland)
    • C3.ai (US)
    • Helpshift (US)
    • Algotive (US)
    • CognosysAI (US)
    • Level AI (US)
    • Mobileye (Israel)
    • Deeproute.ai (China)
    • Cogito (US)
    • Uber Technologies (US)
    • Attri (US).

    Market Segmentation

    By Offering:

    • Hardware
    • Software
      • By Type
        • Computational Agents
        • Robotic Agents
      • By Deployment:
    • Cloud
    • On-premises
    • Services

    By Technology:

    • Machine Learning
      • Deep Learning
      • Supervised Learning
      • Unsupervised Learning
      • Reinforcement Learning
      • Large Language Models
    • Natural Language Processing
    • Context Awareness
    • Computer Vision

    By Vertical:

    • BFSI
    • Retail and E-commerce
    • Telecommunications
    • Manufacturing
    • Healthcare and Life Sciences
    • Energy & Utilities
    • Automotive, Transportations, and Logistics
    • Government & Defense
    • Media & Entertainment
    • Others

    By Region:

    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • Latin America
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    Research Insights & Deliverables
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    • Rising Regional OpportunitiesRising Regional Opportunities
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    Research Insights & Deliverables
    • Development and Future ForecastDevelopment and Future Forecast
    • Competitive benchmarkingCompetitive benchmarking
    • Company Revenue StatisticsCompany Revenue Statistics
    • Rising Regional OpportunitiesRising Regional Opportunities
    • Technology Trends and DynamicsTechnology Trends and Dynamics
    • Technology AssessmentTechnology Assessment