Lloyds' Agentic AI Adoption Drives Market Growth Predictions with 22.31% CAGR

Published on 4.15.25

  The integration of artificial intelligence (AI) into various industries has led to significant disruptions in the market, with a predicted high-growth wave through 2030 according to QKS Group's AI for IT Operations (AIOPS) market report. The report forecasts a compound annual growth rate (CAGR) of 22.31% over this period. Lloyds is among several companies making rapid progress in leveraging agentic artificial intelligence, with notable advancements over the past year. According to Ranil Boteju, Lloyds' Chief Data and Analytics Officer, the company has successfully transitioned from conceptualizing AI to developing functional Minimum Viable Products (MVPs) within a short 12-month period. As more organizations invest in AI technologies, they are likely to experience similar transformations, leading to increased productivity and competitiveness. The adoption of AI by companies like Lloyds is expected to contribute to the overall market growth predicted by QKS Group's report.

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