Sequoia's $1T software map: copilot vs autopilot, and what's really up for grabs
Sequoia has published a two-by-two matrix mapping agentic software opportunities across two axes: Copilot (human-assisted) versus Autopilot (outsourced), and Match (in-housed) versus Next Wave. The matrix maps this against Judgment versus Intelligence and includes specific total addressable markets: management consulting at $300B+, IT managed services at $100–200B, accounting at $50–80B, and freight at $100B+. The overall framing, as Greg Isenberg summarizes it, is that there is a trillion dollars up for grabs within agents — with Howie Liu's view being that the true number is significantly larger.
Go deeper with Greg Isenberg
Ask anything about this, and Greg Isenberg answers from everything they've shared.
More to learn
See everything in Learn
Sequoia estimates $1 trillion up for grabs in the AI agents market
Sequoia has laid out a chart showing roughly a trillion dollars of addressable market within AI agents, spanning industries like consulting ($300B+), IT managed services ($100–200B), accounting ($50–80B), and freight ($100B+). The framing i
The true TAM for AI agents isn't $1T — it's the entire GDP of white-collar labor
A trillion dollars is actually an underestimate. The real total addressable market for AI agents is essentially all white-collar labor — many tens of trillions of dollars, even in the western hemisphere alone. Once agents can do nearly anyt
Sequoia's AI agent deployment chart: software engineering dominates at 50%
According to a Sequoia chart on AI agent deployment by domain, software engineering accounts for nearly 50% of all tool calls made by agents. The next largest categories are back-office automation at 9.1%, marketing and copywriting at 4.4%,