According to a new report, published by KBV research, The Global Autonomous AI and Autonomous Agents Market size is expected to reach $51.2 billion by 2030, rising at a market growth of 40.7% CAGR during the forecast period.
The Healthcare & Lifesciences segment is showcasing a CAGR of 42.3% during (2023 - 2030). Intelligent automation can be used by businesses in the life sciences industry to improve operations in all functional areas, including development, manufacturing, sales & marketing, and supply chain & distribution. The businesses have already implemented intelligent automation solutions to assist with DNA and RNA genomic sequencing and the detection of biomarkers in drug discovery and research.
The Machine Learning segment is leading the Global Autonomous AI and Autonomous Agents Market by Technology in 2022; thereby, achieving a market value of $20.9 billion by 2030. Machine learning (ML) is a foundational technology for the advancement of autonomous AI and autonomous agents. It is a branch of artificial intelligence that concentrates on creating models and algorithms that allow computers to learn from data and anticipate or decide without explicit programming. ML enables autonomous AI and agents to analyze massive amounts of data, recognize patterns, and modify their behavior in response to the knowledge learned from the data.
The Software segment acquired maximum revenue share in the Global Autonomous AI and Autonomous Agents Market by Offering in 2022; thereby, achieving a market value of $24.0 billion by 2030. Computational agents are examples of autonomous AI agents, and software components are crucial in enabling their functionality and intelligence. The software component enables autonomous AI agents to function independently, perceive their environment, reason, make decisions, and execute actions to complete tasks and achieve targets.
The North America region dominated the Global Autonomous AI and Autonomous Agents Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.0 billion by 2030. The Europe region is poised to grow at a CAGR of 40.4% during (2023 - 2030). Additionally, The Asia Pacific region would register a CAGR of 41.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/autonomous-ai-and-autonomous-agents-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Microsoft Corporation, Oracle Corporation, Google LLC (Alphabet Inc.), Salesforce, Inc., SAP SE, NVIDIA Corporation, Baidu, Inc., Uber Technologies, Inc., Cogito Tech LLC.
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