AI Agents Market Size to Hit $50.31 Billion by 2030 at CAGR 45.8% - Grand View Research, Inc.

AI Agents Market Size to Hit $50.31 Billion by 2030 at CAGR 45.8% - Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, May 6, 2025

SAN FRANCISCO, May 6, 2025 /PRNewswire/ -- The global AI agents market size is expected to reach USD 50.31 billion by 2030, registering a CAGR of 45.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. This high growth is driven by advancements in AI, machine learning, and NLP. AI agents, including chatbots, virtual assistants, and autonomous decision-making systems, are being increasingly adopted across industries such as healthcare, finance, e-commerce, and customer service. Businesses leverage AI agents to enhance operational efficiency, reduce costs, and improve user experience. The rising demand for automation, coupled with the proliferation of big data and cloud computing, is further accelerating market expansion. For instance, in October 2024, Honeywell International Inc., a U.S.-based technology company, and Google Cloud announced a collaboration to integrate AI agents with Honeywell Forge, Honeywell's IoT platform, to enhance autonomous operations in the industrial sector, improve productivity, and upskill workers. The aims to utilize Google Cloud's Gemini AI technology to offer purpose-built industrial AI agents and advanced cybersecurity solutions.

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The rise of Automated Customer Service Agents (ACSAs) is transforming the landscape of the AI agent industry in several significant ways. As businesses aim to streamline operations, improve customer experience, and reduce costs, the integration of AI-driven customer service solutions has become a key element of their strategy. This rapid adoption and evolution of ACSAs are driving innovation, creating new opportunities, and shaping the future of AI in customer interaction. Moreover, AI agents handle multiple inquiries simultaneously, which dramatically reduce waiting times and improve service levels. This ability to scale operations efficiently is particularly valuable for businesses with a high volume of customer interactions, making the AI agent industry an essential component in modern customer service strategies. For instance, In January 2024, Google LLC launched Agentspace, a platform that enables retailers to build intelligent AI agents for personalizing customer experiences and optimizing operations. The platform helps retailers automate tasks such as inventory management, customer support, and product recommendations to improve efficiency and drive customer satisfaction.

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Moreover, AI agents are becoming more adaptable and tailored to specific industries, such as healthcare, finance, e-commerce, and education. AI tools designed for healthcare, for instance, can assist with medical diagnoses, monitor patient health, or automate administrative tasks, while AI agents in finance can enhance fraud detection, streamline customer onboarding, and optimize trading algorithms. These AI solutions can now be deployed with minimal effort, providing significant advantages in terms of speed and cost-effectiveness. For instance, in September 2024, Salesforce, Inc. and IBM Corporation collaborated to deliver advanced AI agents for sales and services, enabling organizations to automate tasks while maintaining control over their data, especially in regulated industries. By combining Salesforce's Agentforce with IBM's watsonx and Granite models, businesses can enhance productivity, streamline operations, and improve customer experiences through customized autonomous agents powered by their enterprise data.

AI Agents Market Report Highlights:

Read full market research report on AI Agents Market with TOC - AI Agents Market Size, Share & Trends Analysis Report By Technology (ML, NLP), By Agent System (Single Agent Systems, Multiple Agent Systems), By Type, By Application, By End-use, By Region, And Segment Forecasts, 2025 - 2030

AI Agents Market Segmentation

Grand View Research has segmented the global AI agents market based on technology, agent system, type, application, end use, and region:

AI Agents Market - Technology Outlook (Revenue, USD Million, 2017 - 2030)

AI Agents Market - Agent System Outlook (Revenue, USD Million, 2017 - 2030)

AI Agents Market - Type Outlook (Revenue, USD Million, 2017 - 2030)

AI Agents Market - Application Outlook (Revenue, USD Million, 2017 - 2030)

AI Agents Market - End Use Outlook (Revenue, USD Million, 2017 - 2030)

AI Agents Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

List of Key Players in the AI Agents Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research. Gain insights from 30K+ Global & Regional Reports, 120K+ Country Reports, 1.2M+ Market Statistics, 200K+ Company Profiles, and 5 business solutions encompassing ESG and Sustainability Consulting, Procurement Intelligence, Pricing Index and Analysis, and Consumer Analytics.

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