The global autonomous agents market is expected to increase rapidly between 2023 and 2033. The global market is expected to exceed a valuation of US$ 1,790.4 million in 2023, according to a research analysis released by Future Market Insights. It is expected to be valued at US$ 210,664.3 million by 2033. From 2023 to 2033, the industry is expected to grow at an astounding 32.6% CAGR.
In their warehouses, companies like Amazon deploy robotics and autonomous agents to fetch products off the shelves. Individuals in many sector verticals, such as manufacturing, retail, and transportation, are finding it easier to make independent judgments as global network connectivity spreads to faraway regions.
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Key Takeaways
- The global autonomous agents market is currently valued at US$ 20.9 Billion, with a CAGR of 32.5% during the forecast period.
- By deployment type, the on-premises autonomous agents segment to expand at a CAGR of 32.1% during the forecast period
- In the U.S., the market is predicted to reach a CAGR of 32.2% during the forecast period.
- China’s market will grow at a 31.6% CAGR during the forecast period.
- IT and Telecom industries to record a CAGR of 29% during the forecast period.
- Japan is expected to reach a CAGR of 30.4% during the forecast period between 2022 and 2032.
Competitive Landscape
Key Players that have been profiled in the report are IBM, SAP, AWS, SAS, Infosys, Nuance Communications, Fico, Affectiva and Intel Innovative products and technologies will allow customers to benefit from new technologies.
- Semiotic, a core developer for The Graph, will join in December 2021 and receive a $60 million grant over 8 years to support protocol development. As a result of this grant, The Graph ecosystem and Semiotic AI, a startup that builds secure, autonomous agents for decentralized markets, continue to strengthen their relationship. As a Graph Grantee, Semiotic has been working closely with the Edge & Node team since March. In order to complete The Graph, Semiotic will also collaborate with other core developer teams and the rest of the community.
- Micropsi raised $30 M in February 2022 to retrain industrial robots using human demonstrations. Using artificial intelligence, Micropsi claims that it can generate robot movements in real-time, and it can keep track of variations in position, color, and lighting. Moreover, the robot can also be trained to perform various tasks, including the detection of leaks in industrial machinery, the securing of screws and the insertion of cables into products, and the sorting of objects on an assembly line, according to the company.
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More Valuable Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global autonomous agents market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
Key Segments Covered In The Autonomous Agents Industry Report
Autonomous Agents by Development Type:
- On-premises Autonomous Agents Deployment
- Cloud-based Autonomous Agents Deployment
Autonomous Agents by Organization Size:
- Autonomous Agents for Large Enterprises
- Autonomous Agents for SMEs
Autonomous Agents by Vertical:
- Autonomous Agents for BFSI
- Autonomous Agents for IT and Telecom
- Autonomous Agents for Manufacturing
- Autonomous Agents for Healthcare
- Autonomous Agents for Transportation and Mobility
- Autonomous Agents for Other Verticals
Autonomous Agents by Region:
- North America Autonomous Agents Market
- Europe Autonomous Agents Market
- Asia Pacific Autonomous Agents Market
- Middle East and Africa Autonomous Agents Market
- Latin America Autonomous Agents Market
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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