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AI in Automotive Market Insights Report by 2026 - Trends & Future Growth Factors

More Information @ https://bit.ly/2ZJqzOt<br><br>Artificial Intelligence (AI) in Automotive Market Size, By Component (Software, Hardware, Service), By Technology (Computer Vision, Context Awareness, Deep Learning, Machine Learning, Natural language Processing (NLP)), By Process (Data Mining, Image/Signal Recognition), By Application (Semi-Autonomous Vehicles, Fully Autonomous Vehicles) Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 u2013 2026<br>

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AI in Automotive Market Insights Report by 2026 - Trends & Future Growth Factors

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  1. By 2026, AI in Automotive Market to Register 38%+ CAGR Via semi-autonomous vehicles segment

  2. Industry Overview • Artificial Intelligence (AI) in Automotive Marketfrom the semi-autonomous vehicles segment is projected to witness remarkable growth, with more than 38% CAGR by the year 2026 • The automobile market is seeing a constant rise in demand for AI-powered driving systems. In fact, several car manufacturers are now working on updating their driver assistance technologies to offer customers with more comfortable and safe driving experience. • Recently, Intel launched a new AI-enabled chip, Pohoiki Beach, which could rapidly scale up to 10,000 times faster computing speed using 8 million neural networks. With increasing use of sensors like LiDAR and ultrasonic sensors as well as high-resolution cameras for developing next-gen vehicles, the AI hardware industry may strive significant proceeds in the coming years.

  3. Continue… • Based on process, the image/signal recognition segment is expected to witness sizable growth over the forthcoming years. In 2019, the segment had garnered over 65% share in AI in automotive market. Surging concerns regarding on-road accidents and over-speeding have infused the need for traffic signs & speed limit indicators. These systems use image/signal recognition technologies to detect traffic signals and minimizes the vehicles’ speed automatically. Favorable federal initiatives to promote traffic sign recognition for speed checks could propel the product demand in the long run. • Recently, the European Commission enforced automakers to provide a built-in image/signal recognition feature in their vehicles by 2022. This would help minimize the cases of rash driving and endorse the idea of on-road safety.

  4. Industry Player Overview • Speculating growing demand for advanced automotive systems, industry players have started to invest heavily in R&D activities. A few of the prominent players in the AI in automotive industry include Audi AG, Alphabet Inc., Daimler AG, BMW AG, Ford Motor Company, Didi Chuxing, Harman International Industries Inc., General Motors Company, IBM Corporation, Honda Motor Co., Ltd., Microsoft Corporation, Intel Corporation, Qualcomm Inc., NVIDIA Corporation, Toyota Motor Corporation, Tesla, Inc., Volvo Car Corporation, Xilinx Inc. and Uber Technologies.

  5. Browse Report @https://bit.ly/2ZJqzOt Request for a Sample of this Research report @ https://bit.ly/2ucrmfb

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