You can find more information about the report at @ https://www.marketresearchintellect.com/product/global-artificial-intelligence-ai-in-automotive-market-size-and-forecast/. Artificial intelligence (AI) holds the key to a new future of value for the automotive industry. View top Automotive Artificial Intelligence 360 quadrants to know the market … North America is expected to account for the largest market share in the artificial intelligence in automotive market … Please contact us to learn more about reporting and customization options. Location: Boston, Massachusetts The research also segments the Automotive Artificial Intelligence market on the basis of end user, product type, application, and demography for the forecast period 2019–2024. Artificial Intelligence (AI) in Automotive market is projected to surpass USD 12 billion by 2026. The Detailed Market intelligence report on the Artificial Intelligence for Automotive Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Artificial Intelligence for Automotive Market place for the forecast 2020– 2025. The major driving factors of Automotive Artificial Intelligence Market are as follows: Advancement in technologies; Increase in awareness; Increase in number of eSports enthusiast . Major automotive manufacturers in Europe such as Toyota, and BMW have been offering semi autopilot and drive cruise control in their latest models. Similarly, in November 2018, Singapore announced the launch of driverless buses & shuttles to reduce peak traffic loads starting 2022. The latest report, titled “Artificial Intelligence (AI) in Automotive Market” released by Market Research Intellect, provides the reader with a comprehensive overview of the Artificial Intelligence (AI) in Automotive Industry and familiarizes them with the latest market trends, industry information, and market share. Artificial Intelligence (AI) in Automotive Market by Regional Segments: The chapter on regional segmentation details the regional aspects of the Artificial Intelligence (AI) in Automotive market. Market Definition: At an estimated value of over 2.49 billion USD in 2019, the global Automotive Artificial Intelligence (AI) market is predicted to thrive at a CAGR of 36.2% and valued at over USD 74.50 billion over the forecast year 2020-2030. Artificial intelligence is not only changing the cars on the road, but the factories that build them. The research report on ' Automotive Artificial Intelligence market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. Additionally, as these systems are powered by AI technologies, chances of error during on-road decision making is minimized. AI in Automotive Market size exceeded USD 1 billion in 2019 and is estimated to grow at over 35% CAGR between 2020 and 2026. Furthermore, the development of AI optimized processors and computing hardware will enable enterprises to design and deploy improved autonomous solutions. However, expensive autonomous technologies, issues concerning accidents of self-driving cars, and the risks of cyber-attacks on connected vehicles may hinder the market demand from 2020 to 2026. Market Definition: At an estimated value of over 2.49 billion USD in 2019, the global Automotive Artificial Intelligence (AI) market is predicted to thrive at a CAGR of 36.2% and valued at over USD 74.50 billion over the forecast year 2020-2030. The main players examined in the report are: These facts and figures help readers to assess global market growth, production and consumption rates, product demand and price volatility, and upcoming market trends during the forecast period. The deep learning segment for artificial intelligence (AI) in automotive market is expected to witness a lucrative growth of over 45% CAGR from 2020 to 2026 due to the extensive adoption of deep learning solutions for training neural networks to mimic human-like driving behavior.
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