The Asia Pacific Autonomous AI and Autonomous Agents Market should witness market growth of 41.6% CAGR during the forecast period (2023-2030).
Rising costs for security and upkeep of on-premises solutions, an increase in the size & complexity of data sets, and increased use of parallel computing resources are all significant factors accelerating the market's growth. Improvements in natural language processing (NLP), artificial intelligence (AI), machine learning (ML), and the development of large & complex data sets are other essential factors boosting autonomy. Additionally, throughout the estimated period, increased cloud integration and AI and ML advances will open up new prospects for the market.
The adoption of autonomous agents is rising for consumer automation due to the increasing need to handle unstructured and complicated data sources. One of the factors influencing the market's expansion is a rise in reliance on cloud-based solutions and AI technology. The market is projected to grow as the economy strengthens due to technological advancements and demand rises for increased automation and agility.
The region is evolving through digital automation at a rapid rate. The demand for autonomous agents is anticipated to grow significantly in the APAC region, with a natural momentum increasing sustainability as advancements in technologies like big data, AI, robotics, and IoT reshape the economic environment. These developments demonstrate that the APAC region, with a particular emphasis on the BFSI, IT, and telecom verticals, is well-versed in deploying autonomous agents across various industries.
The China market dominated the Asia Pacific 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 $3.9 billion by 2030. The Japan market is anticipated to grow at a CAGR of 40.7% during (2023-2030). Additionally, The India market would register a CAGR of 42.5% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
Rising costs for security and upkeep of on-premises solutions, an increase in the size & complexity of data sets, and increased use of parallel computing resources are all significant factors accelerating the market's growth. Improvements in natural language processing (NLP), artificial intelligence (AI), machine learning (ML), and the development of large & complex data sets are other essential factors boosting autonomy. Additionally, throughout the estimated period, increased cloud integration and AI and ML advances will open up new prospects for the market.
The adoption of autonomous agents is rising for consumer automation due to the increasing need to handle unstructured and complicated data sources. One of the factors influencing the market's expansion is a rise in reliance on cloud-based solutions and AI technology. The market is projected to grow as the economy strengthens due to technological advancements and demand rises for increased automation and agility.
The region is evolving through digital automation at a rapid rate. The demand for autonomous agents is anticipated to grow significantly in the APAC region, with a natural momentum increasing sustainability as advancements in technologies like big data, AI, robotics, and IoT reshape the economic environment. These developments demonstrate that the APAC region, with a particular emphasis on the BFSI, IT, and telecom verticals, is well-versed in deploying autonomous agents across various industries.
The China market dominated the Asia Pacific 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 $3.9 billion by 2030. The Japan market is anticipated to grow at a CAGR of 40.7% during (2023-2030). Additionally, The India market would register a CAGR of 42.5% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
Scope of the Study
By Vertical
- BFSI
- Healthcare & Lifesciences
- IT & Telecom
- Retail & Ecommerce
- Media & Entertainment
- Energy & Power
- Automotive, Transportation & Logistics
- Government & Defense
- Manufacturing
- Others
By Technology
- Machine Learning
- Natural Language Processing
- Context Awareness
- Computer Vision
By Offering
- Software
- Type
- Computational Agents
- Robotic Agents
- Deployment Type
- On-premise
- Cloud
- Hardware
- Services
- Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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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- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Autonomous AI and Autonomous Agents Market by Vertical
Chapter 6. Asia Pacific Autonomous AI and Autonomous Agents Market by Technology
Chapter 7. Asia Pacific Autonomous AI and Autonomous Agents Market by Offering
Chapter 8. Asia Pacific Autonomous AI and Autonomous Agents Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Google LLC (Alphabet Inc.)
- Salesforce, Inc.
- SAP SE
- NVIDIA Corporation
- Baidu, Inc.
- Uber Technologies, Inc.
- Cogito Tech LLC
Methodology
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