This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. Some of the players operating in the AI in automotive industry include Alphabet Inc., Audi AG, BMW AG, Daimler AG, Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Inc., Tesla, Inc., Toyota Motor Corporation, Uber Technologies, Inc., Volvo Car Corporation, and Xilinx Inc. The global Automotive Artificial Intelligence market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. Artificial Intelligence in Automotive Market, By Offering (Hardware and Software), By Technology (Deep Learning, Machine Learning, Infotainment Systems, and IOT (Internet of Things), Cognitive Capabilities), By Application (Semi-autonomous and Fully-autonomous), and By Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines. Furthermore, the growing acceptance of additional comfort and next generation driving features among German citizens is proliferating the growth of AI technologies across the country. The Artificial Intelligence (Ai) In Automotive market size was valued at USD 81.6 Bn in 2018 and is expected to reach USD 170.6 Bn by 2026 and growing at a CAGR of 31.4%. Global Artificial Intelligence for Automotive Applications Market is estimated to be valued US$ XX.X million in 2019. Extensive insights into the Growth of Artificial Intelligence In Automotive Market amidst COVID-19. This chapter explains the regulatory framework that is likely to impact the overall market. 1. The deep learning segment for artificial intelligence (AI) in automotive market is expected to witness a lucrative growth of over 45% CAGR from 2020 to 2026 due to the extensive adoption of deep learning solutions for training neural networks to mimic human-like driving behavior. Artificial Intelligence (AI) in Automotive market is projected to surpass USD 12 billion by 2026. The latest report, titled “Artificial Intelligence (AI) in Automotive Market” released by Market Research Intellect, provides the reader with a comprehensive overview of the Artificial Intelligence (AI) in Automotive Industry and familiarizes them with the latest market trends, industry information, and market share. The report offers an in-depth study of the Artificial Intelligence (AI) in Automotive market by defining its core segments. It is expected that these regions will experience rapid growth during the expected time. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients. The Detailed Market intelligence report on the Artificial Intelligence for Automotive Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Artificial Intelligence for Automotive Market place for the forecast 2020– 2025. Further, processor is divided into graphics processing unit and microprocessor. Artificial Intelligence (AI) in Automotive Market - Global market segmentation by types, application, regions, company market share, key developments, SWOT analysis, CAGR, sales, competitive analysis, financial performance to 2026 Thanks for reading our report. GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. The increasing importance of perception sensors including high-resolution cameras, LiDAR, and radar in providing accurate localization & context awareness to onboard AI systems is accentuating the growth of the hardware segment. The global automotive artificial intelligence market is expected to grow at a CAGR of 45.0% from 2019 to 2025. It examines various key aspects of the market, including the latest technological innovations in the industry, current trends, and development opportunities. Furthermore, the supporting initiatives from various governments to incorporate semi-autonomous vehicle technologies by 2022 will positively impact industry growth. Alphabet Inc., Audi AG, BMW AG, Daimler AG, Didi Chuxing, Ford Motor Company, General Motors Company, Harman International Industries, Inc., Honda Motor Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Inc., Tesla, Inc., Toyota Motor Corporation, Uber Technologies, Inc., Volvo Car Corporation, and Xilinx Inc. Increasing adoption of IoT in automotive industry, Growing trend of Advance Driver Assist System (ADAS) technology, Rising demand for enhanced driver convenience, Issues related to accidents of driverless cars, This website is secured by 256-Bit encryption, Comodo, Firewall, Verified Sitelock Malware Protection. For instance, in March 2018, the Netherlands government announced a partnership with Belgium and Germany to introduce truck platooning corridors, facilitating the movement of 100 self-driving trucks during the night. The increasing positive perception among consumers regarding autonomous technologies will complement the market revenue. The application spectrum of Artificial Intelligence in Automotive Industry market is classified into Semi-autonomous Driving andAutonomous Driving. Based on Applications Artificial Intelligence (Ai) In Automotive Market Segmentation: Human–Machine Interface (HMI) Autonomous Driving Others This software ensures that vehicles adhere to speed limits by detecting speed limit signs and automatically reducing vehicle speed as per the regulation. Artificial Intelligence (AI) in Automotive Market size exceeded USD 1 billion in 2019 and is estimated to grow at over 35% CAGR between 2020 and 2026. The market growth is attributed to increasing popularity of autonomous vehicles for increased driver comfort and reducing accidents. Similarly, in November 2018, Singapore announced the launch of driverless buses & shuttles to reduce peak traffic loads starting 2022. The growth of the Artificial Intelligence (AI) in Automotive market has been significantly hampered by the current economic situation triggered by the COVID-19 pandemic. The report offers an in-depth study of the global market focusing on each segment and sub-segment of the Artificial Intelligence (AI) in Automotive market. This new solution is helping automotive manufacturers to incorporate next-generation ADAS capabilities and intelligent cockpit experiences with limited power consumption and high efficiency. Artificial intelligence (AI) holds the key to a new future of value for the automotive industry. Get more details on this report - Request Free Sample PDF. Read unbiased reviews and insights, compare features and key buying criteria. The recent report on the Artificial Intelligence in Automotive Industry market predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. In addition, this report also explained the adverse effects of the coronavirus pandemic on the Artificial Intelligence (AI) in Automotive market along with its fundamental segments. With the increasing rate of road accidents caused due to over-speeding, implementation of image/signal recognition solutions will drastically improve road safety. The deep learning segment for artificial intelligence (AI) in automotive market is expected to witness a lucrative growth of over 45% CAGR from 2020 to 2026 due to the extensive adoption of deep learning solutions for training neural networks to mimic human-like driving behavior. The marriage of AI and computing is at the heart of it. The Market research report contains important details regarding the Artificial Intelligence (AI) in Automotive market value based on market dynamics and various growth factors. Furthermore, the development of AI optimized processors and computing hardware will enable enterprises to design and deploy improved autonomous solutions. In this context, the market research & strategy consulting company Yole releases today its new technology & market analysis: Artificial Intelligence Computing for Automotive 2020 report. The artificial intelligence market for automotive and transportation industry in Asia-Pacific is expected to grow at a significant CAGR during the forecast period, 2019-2029. The research also segments the Automotive Artificial Intelligence market on the basis of end user, product type, application, and demography for the forecast period 2019–2024. Here are a few examples of how smart machinery and AI-powered systems are making automotive production lines more efficient. Automotive manufacturers are taking note of these trends and are offering innovative driver assistance solutions to gain a competitive advantage. Artificial intelligence: automotive’s new value-creating engine 7 Our analyses yielded the following key insights, which will be explained in more detail in the course of the report (for details on our sources and methodology see text box 1 and the appendix): We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth. The global artificial intelligence in automotive market is expected to witness strong growth over the coming years due to the growing demand for autonomous vehicles, adoption of advanced automotive solutions, growing adoption of artificial intelligence for traffic management, and government initiatives and investments towards connected and autonomous vehicles. Artificial intelligence is not only changing the cars on the road, but the factories that build them. The global automotive artificial intelligence market is expected to reach at $8,887.6 million by 2025, from $445.8 million in 2017, growing at a CAGR of 45.0% from 2018 to 2025. Another factor contributing to the AI in automotive market share is the increasing demand for driver convenience and improving access to mobility. Major automotive manufacturers in Europe such as Toyota, and BMW have been offering semi autopilot and drive cruise control in their latest models. The market growth is attributed to the steadily growing uptake of driver assistance technologies for increasing driving comfort and ensuring safe driving experience. The funding helped the company to expand its workforce by 40% and handle the autonomous technology development division of Volkswagen. The growth of the Artificial Intelligence (AI) in Automotive market has been significantly hampered by the current economic situation triggered by the COVID-19 pandemic. The Germany AI in automotive market is expected to exhibit a lucrative growth over the forecast timeline due to a high concentration of leading automotive manufacturing companies such as Audi, BMW, Mercedes-Benz, and Porsche, which are fueling the research & development of autonomous vehicle technologies. Normally self-driving cars might the first thing that came to your mind when you think of AI in the automotive industry. However, expensive autonomous technologies, issues concerning accidents of self-driving cars, and the risks of cyber-attacks on connected vehicles may hinder the market demand from 2020 to 2026. The report measures the market share of every application segment and subsequently predicts their respective growth rate over the estimated timeframe. With a pool of established automotive players and a maturing AI landscape, the rapid adoption of autonomous technologies is underway in Germany. The automotive artificial intelligence market, on the basis of process, is segmented into signal recognition, image recognition, and data mining. The report on Automotive Artificial Intelligence Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. The global automotive artificial intelligence market is expected to grow at a CAGR of 45.0% from 2019 to 2025. The value of artificial Intelligence in automotive manufacturing and cloud services will exceed $10.73 billion by 2024. According to the data reported by the World Intellectual Property Organization in 2018, German auto manufacturers accounted for over 51% of the total autonomous driving patents filed globally. The research report on ' Automotive Artificial Intelligence market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. Natural Language Processing (NLP)???????????????????????????? The market size of AI in automotive exceeded USD 1 billion in 2019. 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