Global Artificial Intelligence (AI) in Automotive Market – Industry Analysis and Forecast

Global Artificial Intelligence (AI) in Automotive Market has valued 782.75 Mn in 2019 and is estimated to reach US$ XX Mn by 2026 at a CAGR of about XX % during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Global Artificial Intelligence (AI) in Automotive Market is segmented by technology, offering, process, application, and geography. By technology, Global Artificial Intelligence (AI) in the automotive market is divided into Computer Vision, Machine Learning, Context Awareness, natural language processing. Based on the offering, Artificial Intelligence (AI) in Automotive Market is categorized hardware and software.

By process, the market is fragmented into Data Mining, Signal Recognition, and Image Recognition. Application segment includes Autonomous Vehicle, Human-Machine Interface, Semi-Autonomous Driving. Based on geography, the Global Artificial Intelligence (AI) in Automotive is segmented into North America, Europe, Asia Pacific, Middle East, and Africa and Latin America.

The growing demand for automating every aspect of daily life is one of the main drive factors for the development of the market for artificial intelligence in automotive. The necessity for urban mobility is projected to add to the overall development of the market.

Autonomous Vehicle is projected to hold large market share in the Global Artificial Intelligence (AI) in Automotive Market. Many key players are investing in the development of self-driving cars in which the deep learning technology is used for image processing, speech recognition, and data analysis.

Artificial Intelligence is making life in the car more convenient and safer, for both the driver and the passengers. With the car assistants, natural language processing and machine learning techniques, permit the vehicle’s systems to react to voice commands and infer what actions to take, without human involvement.

North American region is expected to be a vital growth in the Global Artificial Intelligence (AI) in Automotive Market owing to primarily the presence of major key players in this region. User-friendliness to sophisticated technology to grow artificial intelligence programs are accessible without anxiety in this region in relation to others. Furthermore, Asia Pacific is estimated to dominate the growth in the Global Artificial Intelligence (AI) in Automotive Market owing to enormous population, fast-growing economies, and increasing living standards.

Some of the major key players in the Global Artificial Intelligence (AI) in Automotive Market includes IBM, NVIDIA, Tesla, Inc., Honda Motor Co. Ltd. , Volvo Car Corporation, Xilinx, Intel Corporation, Tesla, Inc., Hyundai Motor Company, Microsoft Corporation.
The scope of the report for Global Artificial Intelligence (AI) in Automotive Market

Global Artificial Intelligence (AI) in Automotive Market, By Offering

• Software
• Hardware
Global Artificial Intelligence (AI) in Automotive Market, By Technology

• Context Awareness Computing
• Machine Learning
• Natural Language Processing
• Computer Vision
Global Artificial Intelligence (AI) in Automotive Market, By Process

• Signal Recognition
• Data Mining
• Image Recognition
Global Artificial Intelligence (AI) in Automotive Market, By Application

• Human-Machine Interface
• Autonomous Vehicle
• Semi-Autonomous Driving
Global Artificial Intelligence (AI) in Automotive Market, By Geographies

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key players Global Artificial Intelligence (AI) in Automotive Market

• IBM
• NVIDIA
• Tesla, Inc.
• Honda Motor Co. Ltd.
• Volvo Car Corporation
• Xilinx
• Intel Corporation
• Tesla, Inc.
• Hyundai Motor Company
• Microsoft Corporation
• Qualcomm Inc.
• BMW AG
• Audi AG
• General Motors Company
• Ford Motor Company
• Toyota Motor Corporation
• Uber Technologies Inc

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