New Omdia Analysis Shows Agentic AI Outpacing Growth Rates of Traditional Generative AI
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Enterprise agentic AI software revenue forecast, 2024-2030
The analysis shows agentic AI is significantly outperforming traditional generative AI at similar market stages. While generative AI's initial 5-year CAGR (2022-2027) is projected at 90%, agentic AI's forecast 5-year CAGR (2024-2029) reaches an impressive 175%. This accelerated adoption is driven by enterprise priorities for automation, with 39% of early adopters citing reduced costs and increased employee productivity as primary motivations for deployment. Importantly, previous generative AI infrastructure investments have paved the way for an easier market entry and quicker development for agentic AI, offering organizations the potential to achieve faster returns on investment.
"The agentic AI market is evolving rapidly as enterprises prioritize automation capabilities," said
Omdia's complete forecast provides detailed breakdowns by vertical industry, geographic region, workload type, and use case, along with strategic insights to guide investment decisions in this rapidly evolving landscape.
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Source: Omdia