Friday, June 2, 2023
AI Emerging Tech
  • Home
  • News
  • Shop
  • Blog
  • Resources
No Result
View All Result
  • Home
  • News
  • Shop
  • Blog
  • Resources
No Result
View All Result
AI Emerging Tech
No Result
View All Result

Global Automotive Artificial Intelligence Market Report to 2030

admin@justmattg by admin@justmattg
February 1, 2023
Home News
Share on FacebookShare on Twitter


DUBLIN, Feb. 1, 2023 /PRNewswire/ — The “Automotive Artificial Intelligence Market by Component, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to  ResearchAndMarkets.com’s offering.

Research and Markets Logo

Research and Markets Logo

 

At an estimated value of over 2.57 billion USD in 2021, the global Automotive Artificial Intelligence (AI) Market is predicted to thrive at a CAGR of 29.2% and valued at over USD 34.30 billion over the forecast year 2022-2030.

Fully autonomous as well as semi-autonomous vehicles use artificial intelligence to perform complex tasks such as face recognition, threat detection, image processing, vehicle localization and mapping etc., among others. Machine learning technology enables the vehicle in apprehending data, imitate the human mind and problem solving.

Artificial Intelligence, along with other technologies such as Advance Driver Assistance System (ADAS), Adaptive Cruise Control (ACC) and Electronic Braking Distribution (EBD) make driving experience better and ensure advanced safety for both driver and passenger.

The gaining popularity of autonomous vehicle globally, due to its safety and comfort features, along with a shift towards alternative fuel has propelled the growth of automotive artificial intelligence market. Also, artificial intelligence reduces the need of a driver in an autonomous vehicle, which eliminates driver wages and drastically minimizes the operational cost.

These advantages, along with investments made by major market players are expected to further accelerate the automotive artificial intelligence market. Additionally, the increase in demand for premium vehicles with advanced systems and software is anticipated to create opportunities for the market players in the near future. However, an increase in cyber-crime activities as well as increase in consumer privacy concerns are expected to restrain the market growth

Key Benefits

  • The automobile artificial intelligence market report provides the quantitative analysis of the current market and estimations through 2022-2030 that assists in identifying the prevailing market opportunities to capitalize on

  • The study comprises a deep dive analysis of the automobile artificial intelligence market trend including the current and future trends for depicting the prevalent investment pockets in the market

  • The information related to key drivers, restraints and opportunities and their impact on the automobile artificial intelligence market is provided in the report.

  • The market share of the players in the global automobile artificial intelligence market along with their competitive analysis.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles

Market Segmentation

By Technology

By Component

  • Hardware

  • Processor

  • Memory

  • Network

  • Software

  • Service

By Application

  • Semi-Autonomous

  • Fully Autonomous

By Geography

  • North America

  • U.S.

  • Canada

  • Mexico

  • Europe

  • UK

  • Germany

  • Russia

  • France

  • Rest of Europe

  • Asia-Pacific

  • China

  • Japan

  • South Korea

  • India

  • Rest of Asia-Pacific

  • RoW

  • Latin America

  • Middle East

  • Africa

Market Dynamics

Drivers

  • Rising Demand for Enhanced User Experience and Convenience Features

  • Ongoing Trend of Autonomous Vehicles

  • Increasing Government Regulations for Vehicle Safety and the Growing Adoption of Adas Technology by Original Equipment Manufacturers (Oems)

Restraints

Opportunities

A selection of companies mentioned in this report includes

For more information about this report visit https://www.researchandmarkets.com/r/wggg0k

Media Contact: Laura Wood | +353-1-481-1716 | press@researchandmarkets.net

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Cision

Cision

View original content:https://www.prnewswire.com/news-releases/global-automotive-artificial-intelligence-market-report-to-2030—players-include-alphabet-general-motors-intel-microsoft-and-tesla-301736573.html

SOURCE Research and Markets



Source link

admin@justmattg

admin@justmattg

Next Post
MASS Group Recognized as a Top Semiconductor Tech Company

MASS Group Recognized as a Top Semiconductor Tech Company

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

This Artificial Intelligence (AI) Paper Introduces HyperReel: A Novel 6-DoF Video Representation

Researchers Develop a Framework that Emphasizes Developing Realistic AI Strategies, Data Requirements, and a Human AI Symbiosis for Photovoltaics Energy SMEs

January 13, 2023
Kevin R. Spencer, CEO is recognized by Continental Who’s Who

Kevin R. Spencer, CEO is recognized by Continental Who’s Who

January 7, 2023

Trending.

New NextGen TV Products Highlighted at 2023 CES

New NextGen TV Products Highlighted at 2023 CES

January 24, 2023
Whose art is this, really? Inside Canadians’ fight against AI

Whose art is this, really? Inside Canadians’ fight against AI

February 2, 2023
AI-Generated Seinfeld-Like Twitch ‘TV Show’ Is Peak Absurdity

AI-Generated Seinfeld-Like Twitch ‘TV Show’ Is Peak Absurdity

February 2, 2023
Artificial intelligence bot ChatGPT could be misused to spread ‘propaganda and disinformation’ to users, report says

Artificial intelligence bot ChatGPT could be misused to spread ‘propaganda and disinformation’ to users, report says

January 12, 2023
The Future of Artificial Intelligence: A Look Inside DOD’s Newest AI Office

The Future of Artificial Intelligence: A Look Inside DOD’s Newest AI Office

January 18, 2023
  • Privacy Policy
  • Refund and Returns Policy
  • Contact Us

© 2023 AIEmergingTech - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Shop
  • Blog
  • Resources

© 2023 AIEmergingTech - All rights reserved.