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Benzinga
56 days

BofA Sees $155 Billion Agentic AI Boom By 2030, Names Key Beneficiaries

1. BofA expects significant software spending surge driven by AI agents by 2030. 2. Agentic functionality may catalyze substantial revenue through productivity improvements. 3. 64% of organizations plan to pursue agentic AI initiatives by 2025. 4. Salesforce CRM's Agentforce identified as a key beneficiary of AI advances. 5. Monetization of AI expected to ramp up in 2026, benefiting software vendors.

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FAQ

Why Bullish?

The projection of $155 billion in AI spending indicates strong future revenue potential for CRM. Historically, AI has proven profitable for software companies, as seen in similar trends in cloud computing adoption leading to revenue growth.

How important is it?

The article provides compelling data and projections that reinforce CRM's potential market position with Agentforce, influencing stakeholder perception of CRM’s future value.

Why Long Term?

The long-term projection until 2030 shows gradual adoption, with significant benefits expected beyond 2025. Similar tech adoptions have driven substantial revenues over a multi-year horizon, as with the cloud services boom.

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