Europe Autonomous AI and Autonomous Agents Market Size, Share & Industry Trends Analysis Report By Vertical, By Technology, By Offering (Software, Hardware, and Services), By Software Deployment Type, By Country and Growth Forecast, 2023 - 2030
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Market Report Description
The Europe Autonomous AI and Autonomous Agents Market would witness market growth of 40.4% CAGR during the forecast period (2023-2030).
Computer agents (AI) are autonomous and make judgments depending on the situations they are presented with on their own, without the direct input of humans. Autonomous agents are currently used for various tasks, such as trading in the financial sector, driving vehicles, and controlling machinery. It is crucial to comprehend the advantages and disadvantages of these systems and most critically to create new techniques for anticipating and managing them because their reach may be greatly expanded in the near future.
Autonomous agents significantly impact the BFSI, IT & telecom, manufacturing, healthcare, transportation & mobility, and other sector verticals. Autonomous agents are best suited for applications that call for cross-segment communication, environment detection, sensing, monitoring, or autonomous operation activity. Since agent specialists can independently analyze they can quickly complete complex tasks based on the messages they receive, their beliefs, and their overall objectives and goals.
According to International Federation of robotics, in 2022, France's robot industry was the third largest in Europe. The overall number of installations yearly increased by 15% to 7,400 units. In the coming years, there will be an increase in demand for industrial robots due to the €100 billion stimulus package for innovative industry equipment that the French government announced in mid-2021. As a result of the rising industrial robots’ adoption across the regional nations, the market is estimated to grow.
The Germany market dominated the Europe 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 $3.4 billion by 2030. The UK market is estimated to witness a CAGR of 39.2% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 41.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Market Segments Covered in the Report:
- Healthcare & Lifesciences
- IT & Telecom
- Retail & Ecommerce
- Media & Entertainment
- Energy & Power
- Automotive, Transportation & Logistics
- Government & Defense
- Machine Learning
- Natural Language Processing
- Context Awareness
- Computer Vision
- Computational Agents
- Robotic Agents
- Deployment Type
- Rest of Europe
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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