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Artificial Intelligence (AI) Market for Automotive and Transportation Industry

Artificial intelligence in automotive and transportation industry is used in different subdivisions including autonomous vehicle, public transport, traffic management, ride sharing and so on. Deep learning technology is used in autonomous vehicle for applications such as speech recognition, image processing, and data analysis.

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Artificial Intelligence (AI) Market for Automotive and Transportation Industry

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  1. Artificial Intelligence (AI) Market for Automotive and Transportation Industry

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Artificial Intelligence (AI) Market for Automotive and Transportation Industry The global artificial intelligence (AI) market for automotive and transportation industry is expected to reach USD 47.1 billion by 2027, growing at a CAGR of 18.0% during the forecast period. The global artificial intelligence (AI) market for automotive and transportation industry is growing at exponential rate with growing adoption of ADAS (Advanced Driver-Assistance Systems), rising investment in vehicle performance improvement, and implementation of government regulations for vehicle safety and security. Among the AI technologies, deep learning captures largest market share in terms of revenue and is the fastest growing technology as well. Growing demand for improved driving experience with enhanced safety and comfort features will act as a major driver for the artificial intelligence market for automotive and transportation industry. Along with that, ADAS and inclination towards safety and security will act as an addition factor driving the market.

  4. Artificial Intelligence (AI) Market for Automotive and Transportation Industry Geographically, North America, specifically US is the largest artificial intelligence market for automotive and transportation industry with technically advance region and early adopter of AI in numerous sectors. Besides, implementation of some of the government regulations such as Hours of Service Solution (HOS) revisions Compliance, Safety, and Accountability (CSA) and are expected to drive the artificial intelligence market for automotive and transportation industry in the region. Key players in the artificial intelligence market for automotive and transportation industry consist of both Tier 1 automotive OEMs and leading AI software companies. The automotive OEMs are making huge investments in AI technology integration in high end and other autonomous vehicles. Partnership and collaboration is one of the key strategies adopted by these market stakeholders currently and expected to drive the market in near future.

  5. Artificial Intelligence (AI) Market for Automotive and Transportation Industry Some of the key players operating in the artificial intelligence market for automotive and transportation industry are Continental AG, Denso Corporation, Nvidia Corporation, Intel Corporation, Harman International, AI Motive, Argo AI, CarVi, Harman International, Valeo, Orbcomm Inc., and Affectiva.

  6. For Sample Report :- https://www.vynzresearch.com/automotive-transportation/artificial-intelligence-ai-market-for-automotive-and-transportation-industry www.vynzresearch.com

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