PUBLISHER: The Business Research Company | PRODUCT CODE: 1760029
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760029
An artificial intelligence agent is an intelligent system capable of responding to user requests without the need for human intervention. These agents utilize machine instructions and natural language processing to perform a wide range of tasks, including answering basic questions, solving complex issues, and managing multiple tasks simultaneously.
The primary types of AI agents include ready-to-deploy agents and build-your-own agents. Ready-to-deploy agents are pre-developed, trained, and configured AI systems designed to execute specific tasks or functions, and they can be integrated into existing systems with minimal adjustments. The technologies involved in AI agents include machine learning, natural language processing (NLP), deep learning, computer vision, and others. These agents function through various system architectures, such as single-agent and multi-agent systems. Their applications span customer service and virtual assistants, robotics and automation, healthcare, financial services, security and surveillance, marketing and sales, and legal and compliance. They serve a range of end users, including consumers, enterprises, and industrial sectors.
The AI agents market research report is one of a series of new reports from The Business Research Company that provides AI agents market statistics, including AI agents industry global market size, regional shares, competitors with an AI agents market share, detailed AI agents market segments, market trends and opportunities, and any further data you may need to thrive in the AI agents industry. This AI agents market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The AI agents market size has grown exponentially in recent years. It will grow from $5.68 billion in 2024 to $8.34 billion in 2025 at a compound annual growth rate (CAGR) of 47.0%. The growth during the historic period can be attributed to advancements in natural language processing (NLP), increased investment in AI research by major technology companies, the growing use of virtual assistants in customer service, the spread of smart devices and IoT platforms, and rising demand for automation in enterprise workflows.
The AI agents market size is expected to see exponential growth in the next few years. It will grow to $38.52 billion in 2029 at a compound annual growth rate (CAGR) of 61.4%. The growth in the forecast period can be attributed to the integration of AI agents into enterprise software ecosystems, a growing emphasis on autonomous decision-making capabilities, the rise of agent-based modeling in simulations and digital twins, increasing demand for intelligent customer support systems available 24/7, and regulatory support for the responsible development of AI. Key trends expected in the forecast period include the emergence of multi-agent collaboration platforms in businesses, the use of AI agents in code generation and software engineering, the convergence of generative AI with intelligent agents, the adoption of AI agents in healthcare diagnostics and patient assistance, and the expanding role of agents in delivering hyperpersonalized digital experiences.
The growing adoption of automation is expected to drive the expansion of the AI agents market. Automation involves using technology to perform tasks with minimal human input, enhancing efficiency and consistency. Its adoption is largely motivated by cost efficiency, as automating repetitive tasks allows businesses to cut operational costs, allocate resources more effectively, and boost productivity, ultimately improving profit margins. AI agents offer scalable solutions that help streamline operations and reduce human error. These agents manage functions such as customer service, data analysis, and decision-making, significantly improving overall operational performance. For example, in September 2024, the International Federation of Robotics, a U.S.-based non-profit organization, reported that 4,281,585 industrial robots were operational in factories worldwide, marking a 10% increase from 2023. Asia accounted for 70% of all new robot deployments in 2023. Thus, the increased adoption of automation is contributing to the growth of the AI agents market.
Major players in the AI agents market are focusing on developing open reasoning AI models to strengthen the reasoning, problem-solving, and decision-making abilities of AI systems. These agents are integrating advanced natural language processing (NLP) technologies to improve communication and understanding between AI systems and users, resulting in more intuitive and effective interactions. For instance, in March 2025, Nvidia, a U.S.-based technology company, launched the Llama Nemotron family-a suite of open reasoning AI models intended to improve AI performance in complex reasoning, decision-making, and problem-solving tasks. These models aim to elevate AI agent performance in key sectors such as healthcare, finance, and customer service by incorporating advanced NLP and deep learning capabilities.
In March 2025, ServiceNow, a U.S.-based software firm, acquired Moveworks for $2.85 billion. This acquisition boosts ServiceNow's AI agent capabilities by integrating Moveworks' advanced AI-powered assistants into its platform, enabling more efficient automation of enterprise service requests and reducing operational expenses. Moveworks is a U.S.-based artificial intelligence company specializing in developing AI assistants tailored for enterprise use.
Major players in the AI agents market are Amazon Web Services (AWS), Apple Inc., Google LLC, Microsoft Corporation, Alibaba Group Holding Limited, Meta Inc., International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, Salesforce Corporation, NVIDIA Corporation, Baidu Inc., Hewlett-Packard (HP), ServiceNow, Kore.ai, OpenAl Corporation, Cogito, Level Al, Rasa, Avaamo
North America was the largest region in the AI agents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in AI agents report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the AI agents market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The AI agents market consists of revenues earned by entities by providing services such as integration and deployment services, training and fine-tuning services, monitoring and optimization services, maintenance and support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI agents market also includes sales of AI agent frameworks, conversational ai platforms, large language model (llm)-based agents, agent orchestration platforms, task automation bots. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
AI Agents Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ai agents market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ai agents ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ai agents market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.