The AI agent market is projected to grow from USD 5.1 billion in 2024 to USD 47.1 billion by 2030, driven by advancements in NLP and ML.
AI agents are revolutionizing sectors like customer service and healthcare by improving efficiency and enabling automation, resulting in personalized experiences.
Despite the promising growth, challenges like data privacy and high implementation costs must be navigated to realize the full potential of AI agents.
North America leads in AI agent development, bolstered by investments from tech giants like Google and IBM, while the Asia-Pacific region is growing fastest.
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