Latest News- Agentic AI Market: Solutions is expected to lead the Component segment during 2025-2029

The Agentic AI Market is being driven by Maturation and proliferation of advanced foundation models

The Agentic AI Market is expected to grow at a CAGR of 38.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 22272.6 million. The agentic AI market is witnessing a significant evolution, moving away from jack-of-all-trades, general-purpose agents towards the development and deployment of highly specialized, industry-specific autonomous systems. While early advancements showcased the broad capabilities of agents built on general foundation models, today's market demands practical applications with tangible business value. Enterprises recognize that while general agents may exhibit impressive potential, they often lack the required reliability, accuracy, and domain expertise for critical business processes. As a result, there is a growing trend to develop, fine-tune, and implement agents that excel in specific industries or functions, delivering enhanced performance and value. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Component
  • Solutions
  • Services
• Deployment
  • Cloud
  • On-premises
• End-user
  • Healthcare
  • IT and telecom
  • BFSI
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Maturation and proliferation of advanced foundation models
• Intense enterprise demand for hyper-automation and operational efficiency
• Democratization of development through open-source frameworks and managed platforms

However, the market also witnesses some limitations, which are as follows:

• Reliability and control dilemma
• Security vulnerabilities and data privacy risks
• Lack of governance, ethical frameworks, and regulatory clarity

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Market Scope in Agentic AI Market Research Report

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Research Analysis Overview

The Agentic AI Market encompasses neural network architectures, cognitive computing systems, computer vision algorithms, speech recognition systems, natural language understanding, sentiment analysis tools, text summarization methods, chatbot development, knowledge graph creation, data preprocessing techniques, feature engineering methods, model selection criteria, hyperparameter tuning, regularization methods, cross-validation techniques, model robustness testing, scalable AI infrastructure, real-time AI processing, edge AI deployment, AI security measures, AI talent acquisition, AI ethics training, AI research funding, AI policy development, AI legal frameworks, and AI risk assessment. These technologies and practices enable advanced AI capabilities, including neural networks that learn and adapt, cognitive systems that mimic human thought, computer vision for image recognition, speech recognition for voice commands, natural language understanding for text analysis, sentiment analysis for emotion detection, text summarization for information extraction, chatbots for conversational interfaces, knowledge graphs for data organization, data preprocessing for data cleaning, feature engineering for data selection, model selection for choosing algorithms, hyperparameter tuning for optimization, regularization for preventing overfitting, cross-validation for model evaluation, model robustness testing for ensuring reliability, scalable AI infrastructure for handling large datasets, real-time AI processing for instant responses, edge AI deployment for on-device processing, AI security measures for protecting data, AI talent acquisition for hiring skilled professionals, AI ethics training for ethical considerations, AI research funding for continued innovation, AI policy development for regulatory frameworks, AI legal frameworks for legal compliance, and AI risk assessment for identifying potential threats.

Market Research Overview

The Agentic AI market is a segment of the expansive IT software industry, focusing on companies that develop and provide advanced artificial intelligence solutions. This encompasses businesses utilizing natural language processing, machine learning models, deep learning algorithms, and reinforcement learning techniques. Technavio's market analysis calculates the Agentic AI market size based on the consolidated revenue generated by these companies, which offer specialized software solutions for businesses and consumers, excluding those engaged in interactive home entertainment or producing database management software classified under systems software.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/