The North America Autonomous Enterprise Market is expected to witness market growth of 16.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Autonomous Enterprise Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD39.60 billion by 2031. The Canada market is experiencing a CAGR of 19% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 18% during 2024-2031.
The concept of these enterprises has become a defining trend in the evolving landscape of modern business. Operational efficiency, agility, and data-driven decision-making are now more essential than ever as organizations in various sectors encounter mounting pressure to remain competitive that is swiftly digitizing. At the heart of this transformation is the rise of these enterprises - businesses that leverage advanced technologies such as artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and automation to significantly reduce the need for human intervention in their day-to-day operations.
An autonomous enterprise is characterized by its ability to operate with minimal human input, owing to its reliance on advanced automation and data analytics. Processes that once required manual oversight are now streamlined, with AI-driven algorithms making decisions based on real-time data. This level of automation enables businesses to react to market changes, customer requirements, and internal operations with unparalleled speed and precision.
In Mexico, the National Financial Inclusion Strategy, implemented by the Mexican government, focuses on increasing access to digital financial services accelerating the adoption of automation in the BFSI sector. According to the Government of Mexico, in the second quarter of 2024, the gross domestic product of the finance and insurance sector was USD1.4T MX, 3.89% more than the previous quarter. Automation is employed to enhance service delivery and reduce operational costs by facilitating fraud detection, risk management, and customer service. Therefore, as the adoption of these technologies continues to expand across industries, North America is poised to remain a global leader in this space.
Based on Offering, the market is segmented into Solution (Robotic Process Automation, Autonomous Networks, Accounts Automation & Security Automation, and Autonomous Agents & Others) and Services (Professional Services and Managed Services). Based on Business Functions, the market is segmented into Sales & Marketing, Accounting & Finance, Supply Chain & Operations, Human Resource (HR), and IT.
The US market dominated the North America Autonomous Enterprise Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD39.60 billion by 2031. The Canada market is experiencing a CAGR of 19% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 18% during 2024-2031.
The concept of these enterprises has become a defining trend in the evolving landscape of modern business. Operational efficiency, agility, and data-driven decision-making are now more essential than ever as organizations in various sectors encounter mounting pressure to remain competitive that is swiftly digitizing. At the heart of this transformation is the rise of these enterprises - businesses that leverage advanced technologies such as artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and automation to significantly reduce the need for human intervention in their day-to-day operations.
An autonomous enterprise is characterized by its ability to operate with minimal human input, owing to its reliance on advanced automation and data analytics. Processes that once required manual oversight are now streamlined, with AI-driven algorithms making decisions based on real-time data. This level of automation enables businesses to react to market changes, customer requirements, and internal operations with unparalleled speed and precision.
In Mexico, the National Financial Inclusion Strategy, implemented by the Mexican government, focuses on increasing access to digital financial services accelerating the adoption of automation in the BFSI sector. According to the Government of Mexico, in the second quarter of 2024, the gross domestic product of the finance and insurance sector was USD1.4T MX, 3.89% more than the previous quarter. Automation is employed to enhance service delivery and reduce operational costs by facilitating fraud detection, risk management, and customer service. Therefore, as the adoption of these technologies continues to expand across industries, North America is poised to remain a global leader in this space.
Based on Offering, the market is segmented into Solution (Robotic Process Automation, Autonomous Networks, Accounts Automation & Security Automation, and Autonomous Agents & Others) and Services (Professional Services and Managed Services). Based on Business Functions, the market is segmented into Sales & Marketing, Accounting & Finance, Supply Chain & Operations, Human Resource (HR), and IT.
List of Key Companies Profiled
- Microsoft Corporation
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Check Point Software Technologies Ltd.
- Pegasystems Inc.
- Cisco Systems, Inc.
- Hewlett Packard Enterprise Company
- SAP SE
- ATOSS Software SE
- Oracle Corporation
Market Report Segmentation
By Offering
- Solution
- Robotic Process Automation
- Autonomous Networks
- Accounts Automation & Security Automation
- Autonomous Agents & Others
- Services
- Professional Services
- Managed Services
By Business Functions
- Sales & Marketing
- Accounting & Finance
- Supply Chain & Operations
- Human Resource (HR)
- IT
By Application
- Process Automation
- Customer & Employee Engagement
- Order Management
- Credit Evaluation & Management
- Predictive Maintenance
- Other Application
By Vertical
- BFSI
- IT & ITes
- Manufacturing
- Healthcare
- Transportation & Logistics
- Telecom
- Retail & eCommerce
- Government & Defence
- Other Vertical
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Autonomous Enterprise Market by Offering
Chapter 6. North America Autonomous Enterprise Market by Business Functions
Chapter 7. North America Autonomous Enterprise Market by Application
Chapter 8. North America Autonomous Enterprise Market by Vertical
Chapter 9. North America Autonomous Enterprise Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies in the North America Autonomous Enterprise Market include:- Microsoft Corporation
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Check Point Software Technologies Ltd.
- Pegasystems Inc.
- Cisco Systems, Inc.
- Hewlett Packard Enterprise Company
- SAP SE
- ATOSS Software SE
- Oracle Corporation
Methodology
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