Autonomous AI and Autonomous Agents Market Size

  • Report ID: 5948
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Autonomous AI and Autonomous Agents Market Size

Autonomous AI and Autonomous Agents Market size is anticipated to reach USD 508 Billion by the end of 2036, growing at a CAGR of 36% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of autonomous AI and autonomous agents was USD 40 Billion. One of the key drivers for market growth is the growing applications of AI in different sectors. As per a report in 2024, across a broad range of technology products and business processes, 22% of enterprises are actively integrating AI into their operations. In various sectors, including healthcare, finance, transportation, and manufacturing, the use of AI is increasing to deal with difficult problems and improve processes. To gain an important understanding of the situation and to make intelligent choices, these applications use advanced algorithms, machine learning techniques as well as data analysis. 

Autonomous systems are designed to operate without human intervention, eliminating risks related to fatigue, distraction, and supervision. Autonomous AI systems can make split-second decisions, using data analysis to mitigate the potential for accidents and mistakes as well as improve overall security and reliability in sectors such as transport and healthcare. Therefore, these factors are accelerating the growth of the market.


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Author Credits:  Saima Khursheed


  • Report ID: 5948
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing adoption in healthcare settings, rising funding and supportive initiatives by the government, and a surge in the demand for edge AI computing are the major factors driving the growth of the autonomous AI and autonomous agents market.

The market size of autonomous AI and autonomous agents is anticipated to attain a CAGR of 36% over the forecast period, i.e., 2024-2036.

The major players in the market are Amazon Web Services, Inc. (AWS), Microsoft, Bosch, Google, Waymo LLC, OpenAI, SAP SE, CognosysAI, ServiceNow, Nvidia Corporation, and others.

The cloud segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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