Agentic Artificial Intelligence (AI) Market Size to Reach USD 214.90 Billion in 2032
The agentic artificial intelligence (AI) market size was USD 19.63 Billion in 2024 and is expected to register a revenue CAGR of 35.3% during the forecast period
January 4th, 2025 – Rising enterprises digital transformation owing to increasing worldwide internet connectivity penetration is a major factor driving the agentic artificial intelligence (AI) market’s revenue growth. According to the International Telecommunication Union (ITU), over 68% of the world’s population, or 5.5 billion people, are using the internet in 2024.
Globally, agentic artificial intelligence (AI) is becoming increasingly crucial in automating critical business processes such as real-time data for corporate decision-making. Enterprises are rapidly implementing AI-powered solutions into various business operations systems in order to streamline workflows more efficiently.
The growing demand for automation across end-use industries fueling the growth agentic artificial intelligence (AI) market. Several emerging sectors are implementing sophisticated AI technology to improve operational efficiency and boost overall company profitability and growth. Agentic AI enables these businesses to automate a variety of complicated tasks related to decision making and process optimization. Moreover, the global 5G rollout is considerably increasing the use of advanced AI technologies and automation in sectors. According to the GSM Association, 5G will account for up to 1.2 billion connections by 2025.
The incorporation of agentic AI in the banking, financial, and insurance (BFSI) industries, and fintech industry, is a prominent market trend for agentic artificial intelligence (AI) market. Prominent players in banking, financial services, and insurance (BFSI) industries across worldwide are using agentic AI to transform complex procedures and decision-making.
However, concerns about data privacy and security are key barriers to growth in the agentic AI market. AI systems depend on large volume of data for training and decision-making. Data breaches are becoming increasingly common across globally. According to the FBI, the Internet Crime Complaint Centre (IC3) received 880,418 complaints in 2023, with possible damages surpassing USD 12.5 billion, marking a 10% increase in complaints and a 22% increase in losses over the previous year.
Key Highlights:
- Software solution segment contributed largest revenue share in 2024. Rising use of advanced AI software solutions for business applications is expected to drive global revenue growth in the agentic artificial intelligence (AI) market in 2024. Businesses across globally are increasingly deploying artificial intelligence (AI)-driven software solutions to accomplish specialised tasks such as process optimisation and autonomous decision-making.
- Computer vision segment is expected to register fastest revenue growth over the forecasted period. Rapid integration of computer vision (CV) with agentic artificial intelligence (AI) to effectively understand and respond to visual input from the environment is expected to fuel global revenue growth by 2032. Computer vision is a crucial technology that enables autonomous decision-making. For example, it offers real-time scene comprehension and object recognition, spatial awareness for navigation, and visual anomaly detection for quality control.
- Healthcare segment contributed significant revenue share in 2024. The rapid demand for agentic artificial intelligence (AI) in handling and processing massive amounts of data is expected to fuel revenue development in the market. A research predicts that by 2025, worldwide data creation would surpass 180 zettabytes, with healthcare accounting for more than a third of that amount. Currently, only 3% of healthcare data is being used efficiently, owing to the constraints of antiquated systems that struggle to analyse multi-modal data on a large scale.
- Asia Pacific is expected to register significant revenue growth by 2032. The rapid adoption of 5G in this region has helped to drive revenue growth in the agentic artificial intelligence (AI) market. According to the GSM Association, Asia-Pacific will have a population of over 1.2 billion people and a penetration rate of slightly under 45% by 2021.
- Some major companies in the agentic artificial intelligence (AI) market report are including Alphabet Inc., Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc., OpenAI, UiPath, Inc., Anthropic PBC, Stability AI Ltd, Restack Software, Inc., Beam AI Inc., DevRev Inc., Adept AI Labs Inc., Vultr, Copado, Inc., Faros AI, Inc., d-Matrix Inc., and Five9, Inc.
- On 24th September 2024, Copado has created a set of generative AI agents designed to automate specific tasks commonly faced by DevOps teams when building and deploying applications on Salesforce’s software-as-a-service (SaaS) platform. As AI continues to shape the future of DevOps, more tasks will be automated through agentic AI, which uses generative AI to develop agents trained on a targeted dataset for specific tasks. This approach ensures higher accuracy compared to large language models (LLMs) trained on data pulled randomly from the web.
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Navistrat Analytics has segmented agentic artificial intelligence (AI) market based on component, deployment model, technology, organization size, end-use and region:
- Component Outlook (Revenue, USD Million; 2022-2032)
- Hardware
- Software
- Services
- Deployment Model Outlook (Revenue, USD Million; 2022-2032)
- On-premise
- Cloud
- Hybrid
- Technology Outlook (Revenue, USD Million; 2022-2032)
- Natural Language Processing (NLP)
- Computer Vision
- Machine Learning (ML)
- Cognitive Computing
- Others
- Organization Size Outlook (Revenue, USD Million; 2022-2032)
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- Startups & Innovators
- End-Use Size Outlook (Revenue, USD Million; 2022-2032)
- Banking, Financial Services and Insurance (BFSI)
- IT and Telecommunications
- E-commerce
- Healthcare
- Transportation and Logistics
- E-learning
- Travel & Hospitality
- Others
- Regional Outlook (Revenue, USD Million; 2022-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Nordic Countries
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Oceania
- ASEAN Countries
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- GCC Countries
- South Africa
- Israel
- Turkey
- Rest of MEA
- North America