Press release
Incredible Demand of Global Artificial Intelligence in Transportation Market 2020-2027 with Top Players like Daimler, Scania, Paccar, Man, Volvo, Continental, Magna, Bosch
Global Artificial Intelligence in Transportation Market was valued at USD 1.85 billion in 2018 which is expected to reach USD 4.8 billion by 2027 at a CAGR 17.3%.Artificial intelligence technology is the computer operated task which involves human intelligence such as solving complex problem solving, and decision making. Global artificial intelligence in transportation market is exponentially growing due to government rules and regulations for vehicle safety and security and implementation of enhanced driver assistance systems.
In addition to providing an understanding of the fundamental dynamics molding the Artificial Intelligence in Transportation Market, the report also investigates the numerous volume trends and the pricing history as well as the market value. A number of potential growth factors, risks, and opportunities are also evaluated to get an acute grasp of the overall market.
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However, high cost of artificial intelligence systems and high infrastructure cost are the major challenges for the growth of artificial intelligence in transportation market. Also, machine learning is data driven and cyber security and data privacy will affect the global artificial intelligence in transportation market growth.
Market Key Players
Various key players are discussed in this report such as Daimler, Scania, Paccar, Man, Volvo, Continental, Magna, Bosch, Valeo, and ZF.
Market Taxonomy
By Offering
• Hardware
• Software
By Technology
• Computer Vision
• NLP
• Deep Learning
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By Process
• Signal Recognition
• Data Mining
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middles East & Africa
Regional Description
The analysis and the forecast of the Artificial Intelligence in Transportation Market are analyzed not just on a global basis but also on a regional basis. Taking a closer look at the regions wherein the market is concentrated, the report focuses on Middle East & Africa, Europe, Latin America, Asia Pacific, and North America. These regions are studied with respect to the prevalent trends and several opportunities as well as an outlook that could benefit the market in the long run.
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About Us
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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