The North America Autonomous AI and Autonomous Agents Market would witness market growth of 39.8% CAGR during the forecast period (2023-2030).
Software systems that can complete particular tasks without human interaction are known as autonomous agents and autonomous artificial intelligence. They are designed to make decisions using algorithms and machine learning and to enhance their performance over time. Autonomous AI is being developed and tested for various applications, including robots, self-driving cars, and medical diagnosis.
Similarly, autonomous agents are being created and tested for multiple applications, including automating customer service duties, managing inventory, improving manufacturing processes, and offering financial advice. Autonomous agents have the potential to change a variety of industries as they continue to advance.
Autonomous agents assist SMEs in digitizing their routine tasks, enhancing efficiency by removing the need for individuals to play out challenging assignments since cost reduction is the primary need of SMEs. Therefore, increased adoption among SMEs is anticipated due to better efficiency and cost reduction.
The desire for easy driving and growing security and safety concerns drive demand for advanced technology, which drives up demand for semi-autonomous vehicles in the US. Due to US traffic law changes, self-driving cars are becoming more popular in this region. These modifications will allow for the adoption of self-driving automobiles on American public roadways. This rule is being adopted by all 50 states in the US to make transportation entirely autonomous. It is anticipated that demand for self-driving cars will increase significantly in the future due to a rise in the demand for mobility as a service sector.
The US market dominated the North America Autonomous AI and Autonomous Agents Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13.6 billion by 2030. The Canada market is poised to grow at a CAGR of 42.9% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 41.7% during (2023 - 2030).
Based on Vertical, the market is segmented into BFSI, Healthcare & Lifesciences, IT & Telecom, Retail & Ecommerce, Media & Entertainment, Energy & Power, Automotive, Transportation & Logistics, Government & Defense, Manufacturing, and Others. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Context Awareness, and Computer Vision. Based on Offering, the market is segmented into Software, Hardware, and Services. Based on Software Type, the market is segmented into Computational Agents, and Robotic Agents. Based on Software Deployment Type, the market is segmented into On-premise, and Cloud. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Autonomous AI and Autonomous Agents Market is Projected to reach USD 51.2 Billion by 2030, at a CAGR of 40.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Oracle Corporation, Google LLC (Alphabet Inc.), Salesforce, Inc., SAP SE, NVIDIA Corporation, Baidu, Inc., Uber Technologies, Inc., Cogito Tech LLC.
By Vertical
By Technology
By Offering
By Country
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