The market for autonomous agents is expected to reach US$ 1.3 billion by 2022, from an estimated US$ 818 million in 2021. During the projected period from 2022 to 2032, the market is anticipated to grow at a CAGR of 32.5%, reaching US$ 20.9 billion.
Robots and autonomous agents can be deployed in factories to collect data on each worker’s performance.
An organization like Amazon utilizes autonomous agents and robotics in their warehouses to take products off the shelves. Making autonomous decisions in a variety of business sectors, including manufacturing, retail, and transportation, is becoming simpler thanks to the expansion of global network access in remote areas.
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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.
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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