Automotive Artificial Intelligence Market PPT: Demand, Trends and Business Opportunities 2023-28

Report DescriptionAbout IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Global Automotive Artificial Intelligence Market Research Report:

The latest report by IMARC, titled “ AutomotiveArtificialIntelligenceMarket:GlobalIndustryTrends,Share,Size,Growth,Opportunitya ndForecast2023-2028

” " the global automotive artificial intelligence market reached a value of US$ 3.0 Billion in 2022.

Artificial intelligence (AI) is associated with human intelligence through similar characteristics, such as language understanding, reasoning, learning, problem-solving, and others. It is one of the most progressive technologies in computer science. The automotive industry has experienced a significant rise in its adoption and is among the primary sectors using AI to augment and mimic human actions. The emergence of advanced driver assistance systems (ADAS), adaptive cruise control (ACC), and blind spot alert, along with the escalating demand for convenience features, are attracting automotive vendors towards artificial intelligence. These systems are used to alter, process, and function data and algorithms to simulate the intellectual functions of the human brain and gain the capacity to resolve problems automatically. Automobiles with self-driving features are more likely to adopt such systems to improve overall efficiency and functioning.

Request Free Sample Report: https://www.imarcgroup.com/automotive-artificial-intelligence-market/requestsample

Global Automotive Artificial Intelligence Market Trends:

The global market is majorly driven by significant growth in the automotive industry. In line with this, the rising popularity of autonomous vehicles for increased driver comfort and reducing accidents is positively influencing the market. Furthermore, multiple automotive manufacturers are offering innovative driver assistance solutions to gain a competitive advantage in the market. Apart from this, the growing demand for premium vehicles among the masses is offering numerous opportunities for vendors.

Moreover, the widespread adoption of ADAS technology by OEMs is catalyzing the market. Besides this, the rapid development of autonomous vehicle technology and strict government regulations related to road safety worldwide are creating a positive outlook for the market. Additionally, the increasing adoption of artificial intelligence for traffic management and heavy investments in connected and autonomous vehicles are providing a boost to the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 17.6 Billion by 2028, exhibiting a CAGR of 31.91% during 2023-2028.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

Report Description Report Description and Highlights

MarketSummary:

BreakupbyComponent:

• Hardware

• Software

• Services

BreakupbyTechnology:

• Machine Learning and Deep Learning

• Computer Vision

• Natural Language Processing

BreakupbyProcess:

• Data Mining

• Image Recognition

• Signal Recognition

BreakupbyApplication:

• Semi-Autonomous

• Autonomous BreakupbyRegion:

• North America

• United States

• Canada

• Asia-Pacific

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

• Europe

• Germany

• France

• United Kingdom

• Italy

• Spain

• Russia

• Others

• Latin America

• Brazil

• Mexico

• Others

• Middle East and Africa

Report Description Report Description and Highlights

CompetitiveLandscapewithKeyPlayers:

• Bayerische Motoren Werke AG

• Daimler AG

• Ford Motor Company

• Hyundai Motor Company

• Intel Corporation

• International Business Machines Corporation

• Micron Technology Inc.

• Microsoft Corporation

• NVIDIA Corporation

• Qualcomm Incorporated

• Tesla Inc.

• Toyota Motor Corporation

• Uber Technologies Inc.

ViewFullReportwithTOC&ListofFigure:

https://www.imarcgroup.com/automotive-artificial-intelligence-market

A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

Report Description Report Description and Highlights

© 2019 IMARC All Rights Reserved

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.