Automotive Artificial Intelligence Market: Industry Insights, Major Key Players and Current Trends Analysis and Forecast: 2022-2031
The booming automotive trade is a constant supply of driving demand within the automotive AI market. With the emergence of cloud-hosted intelligence, driver assist options and internet of thing the marketplace for automotive AI is expected to witness vital growth in the near future. Additionally, with major players within the automotive trade heavily finance in development of AI for cars, the trade wide customary like the adaptive controller, advanced driver help systems and blind spot alert would any trigger the expansion within the automotive AI market. Dynamic shopper preference towards convenience and safety provides a chance for original instrumentality makers within the automotive AI market.
Market Insights
The global Automotive Artificial Intelligence market is expected to be around US$ 13.5 Billion by 2025 at a CAGR of 35% in the given forecast period.
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The global Automotive Artificial Intelligence market is segregated on the basis of Component as Hardware, Software, and Services. Based on Technology the global Automotive Artificial Intelligence market is segmented in Machine Learning & Deep Learning, Computer Vision, and Natural Language Processing. Based on End-User Industry the global Automotive Artificial Intelligence market is segmented in Semi-Autonomous, Autonomous, and Consumer electronics.
The global Automotive Artificial Intelligence market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Artificial Intelligence market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Intel Co, IBM, Microsoft Co, BMW, Uber Technologies Inc., Tesla, Inc., Toyota Motor Co, Micron Technology, Inc., NVidia Co, Alphabet Inc., and others are among the major players in the global Automotive Artificial Intelligence market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive Artificial Intelligence Market has been segmented as below:
Automotive Artificial Intelligence Market, By Component
Hardware
Software
Services
Automotive Artificial Intelligence Market, By TECHNOLOGY
Machine Learning & Deep Learning
Computer Vision
Natural Language Processing
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Automotive Artificial Intelligence Market, By End-User Industry
Semi-Autonomous
Autonomous
Consumer electronics
Automotive Artificial Intelligence Market, By Region
North America
Europe
Asia-Pacific
Rest of the World
Automotive Artificial Intelligence Market, By Company
Intel Co
IBM
Microsoft Co
BMW
Uber Technologies Inc.
Tesla, Inc.
Toyota Motor Co
Micron Technology, Inc.
NVidia Co
Alphabet Inc.
The report covers:
Global Automotive Artificial Intelligence market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Automotive Artificial Intelligence market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Artificial Intelligence market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Report Scope:
The global Automotive Artificial Intelligence market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Artificial Intelligence market share. Major industry players with significant revenue share include Intel Co, IBM, Microsoft Co, BMW, Uber Technologies Inc., Tesla, Inc., Toyota Motor Co, Micron Technology, Inc., NVidia Co, Alphabet Inc., and others.
Reasons to Buy this Report:
Gain detailed insights on the Automotive Artificial Intelligence industry trends
Find complete analysis on the market status
Identify the Automotive Artificial Intelligence market opportunities and growth segments
Analyze competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making
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