AI in Automotive Market size exceeded USD 1 billion in 2019 and is estimated to grow at over 35% CAGR between 2021 and 2027.
Artificial intelligence is increasingly being adopted in the automotive sector to reduce human error and human intervention. Artificial intelligence autonomously improves visual perception, decision making and speech recognition. Increasing government regulation of vehicle safety has become one of the major drivers of market growth.
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Automotive AI Market, by Component
- Hardware
- Software
- Services
Automotive AI Market, by Technology
- Machine Learning
- Computer Vision
- Natural Language Processing
- Context-Aware Computing
Automotive AI Market, by Process
- Signal Recognition
- Image Recognition
- Voice Recognition
- Data Mining
Some of the players operating in the AI in automotive industry include :
Alphabet Inc., Audi AG, BMW AG, Daimler AG, Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Inc., Tesla, Inc., Toyota Motor Corporation, Uber Technologies, Inc., Volvo Car Corporation, and Xilinx Inc.
Scope of the Report
The research study analyzes the global Artificial Intelligence AI In Automotive industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Artificial Intelligence AI In Automotive Market Report
1. What was the Artificial Intelligence AI In Automotive Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Artificial Intelligence AI In the Automotive Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Artificial Intelligence AI In Automotive Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Artificial Intelligence AI In Automotive market.
• The market share of the global Artificial Intelligence AI In the Automotive market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Artificial Intelligence AI In the Automotive market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Artificial Intelligence AI In the Automotive market.
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