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Automotive ai (artificial intelligence) market

The study segments the Automotive AI (artificial intelligence) industry in light of major classification such as product type, potential markets, application, and end-user.

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Automotive ai (artificial intelligence) market

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  1. Automotive AI Market To Reach USD 9.40 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com

  2. Market Summary Rise in demand for enhanced customer experience and convenience features, significant improvement in AI technology will drive the market at a high CAGR during the forecast period. Market Size- USD 520 Million in 2018, Market Growth- CAGR of 43.6%, Market trends- Growing demand for autonomous vehicle, North America expected to register the highest market share during the forecast period The Automotive AI market was valued at USD 520 million in 2018 and is expected to reach USD 9.40 billion by the year 2026, at a CAGR of 43.6% CAGR during the forecast period (from 2018 – 2026). The rising government regulations for driver and passenger safety, rising adoption of ADAS and HMI (human-machine interface) technology by OEMs, and growing demand for enhanced customer experience play a critical role in the growth of the automotive AI market.

  3. Our Approach Market Summary Artificial intelligence (AI) is a branch of computer science that focusses on the creation of intelligent machines that work like humans. Computers with artificial intelligence are designed for planning, speech recognition, learning, and problem-solving. The overall automotive industry is one of the most technology-intensive sectors. Nowadays, the development of driverless or autonomous cars are one of the major innovations in the global automotive industry. Artificial Intelligence (AI) gives the vehicle the ability to see, think, learn, and navigate a nearly infinite range of different driving scenarios. The automotive industry uses the power of AI and deep learning technology to achieve a breakthrough end-to-end solution for the autonomous vehicle by collecting data, generating statistical models, and simulation testing to the deployment of safe, smart, and self-driving vehicles. Asia Pacific region is expected to register highest CAGR over the forecast period due to the fast-growing economies, massive populations, increasing living standards and several homegrown giant OEMs However, the rise in cybercrime and the threat of hackers and the rise in the overall cost of a vehicle is anticipated to hamper the growth of automotive AI market to some degree. On the other hand, maintaining the balance between cost and quality are the key hurdles of the market. In addition, increased funding for R&D of autonomous vehicles and the development of an autonomous fleet of the cab and parcel delivery services are the major trends observed in the automotive artificial intelligence market. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2448

  4. Our Approach Market Summary Key participants NVIDIA Corporation (US), Alphabet Inc. (US), Intel Corporation (US), IBM Corporation (US), Microsoft Corporation (US), Harman International Industries Inc. (US), Xilinx Inc. (US), Qualcomm Inc. (US), Tesla Inc. (US), Volvo Car Corporation (Sweden) and others. For the purpose of this study, Reports and Data have segmented the industry by Technology, by Function, by Process, by Component and by Region: Automotive AI by Technology (Revenue, USD Million; 2016–2026) Machine and Deep Learning Computer Vision Natural Language Processing Automotive AI by Function (Revenue, USD Million; 2016–2026) Digital/ Mobility Services Manufacturing Operations Procurement R&D and Engineering Customer Experience Supply Chain

  5. Our Approach Market Summary Automotive AI by Process (Revenue, USD Million; 2016–2026) Signal Recognition Image Recognition Data Mining Automotive AI by Component (Revenue, USD Million; 2016–2026) Hardware Software Automotive AI by Region (Revenue, USD Million; 2016–2026) North America Europe Asia Pacific Middle East and Africa Latin America Order Now: https://www.reportsanddata.com/checkout-form/2448

  6. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com About Us Our Approach About Us

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