  We implement quantum corrections for a magnetic monopole in a classically
conformally invariant theory containing gravity. This yields the trace
(conformal) anomaly and introduces a length scale in a natural fashion via the
process of renormalization. We evaluate the one-loop effective potential and
extract the vacuum expectation value (VEV) from it; spontaneous symmetry
breaking is radiatively induced. The VEV is set at the renormalization scale
$M$ and we exchange the dimensionless scalar coupling constant for the
dimensionful VEV via dimensional transmutation. The asymptotic (background)
spacetime is anti-de Sitter (AdS) and its Ricci scalar is determined entirely
by the VEV. We obtain analytical asymptotic solutions to the coupled set of
equations governing gravitational, gauge and scalar fields that yield the
magnetic monopole in an AdS spacetime.
