Automotive Artificial Intelligence Market Size By Technology, By Process, By Application, By Geographic Scope And Forecast


Posted February 11, 2020 by jennysmith

Automotive Artificial Intelligence Market was valued at USD 1.01 Billion in 2018 and is projected to reach USD 12.98 Billion by 2026, growing at a CAGR of 37.5% from 2019 to 2026.

 
Automotive Artificial Intelligence Market Size And Forecast
According to Verified Market Research, the Global Automotive Artificial Intelligence Market was valued at USD 1.01 Billion in 2018 and is projected to reach USD 12.98 Billion by 2026, growing at a CAGR of 37.5% from 2019 to 2026.

What is Automotive Artificial Intelligence?
The Automotive Artificial Intelligence is the system comprises of the algorithms and data to independently imitate the functions provide by human intelligence. The automobiles with artificial intelligence are designed for navigation, decision making, speech recognition, and many other functionalities. It is the most accelerating field in technology, which enables the assistance of driverless cars in the automotive industry.

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Global Automotive Artificial Intelligence Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The Automotive Artificial Intelligence Market is experiencing tremendous growth owing to the factors such as rapidly increasing demand for autonomous vehicles and better driving experience. In addition, the growing awareness among the population and the imposition of government standard laws for vehicle safety are some other factors fueling the growth of the market. However, the issues related to the cyber-threats and huge vehicle cost acts as a restricting factor for the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The Global Automotive Artificial Intelligence Market is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Automotive Artificial Intelligence Market Competitive Landscape
The “Global Automotive Artificial Intelligence Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Intel Corporation, Alphabet Inc., NVIDIA Corporation, IBM Corporation, Harman International Industries Inc., Microsoft Corporation, Xilinx Inc., Qualcomm Inc., Tesla Inc., Volvo Car Corporation. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Global Automotive Artificial Intelligence Market, By Technology
• Computer Vision
• Context Awareness
• Deep Learning
• Machine Learning
• Natural Language Processing

Global Automotive Artificial Intelligence Market, By Process
• Data Mining
• Image Recognition
• Signal Recognition

Global Automotive Artificial Intelligence Market, By Application
• Semi-autonomous Driving
• Human–Machine Interface
• Autonomous Driving

Global Automotive Artificial Intelligence Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business , Industry , Research
Tags automotive artificial intelligence , automotive artificial intelligence market , automotive artificial intelligence market trends
Last Updated February 11, 2020