Press release
Automotive Artificial Intelligence Market Worldwide & Regional Industry Size, Trends, Analysis, Statistics & Forecast 2028 | NVIDIA Corporation, Waymo, Intel Corporation, IBM Corporation, Microsoft Corporation, Micron Technology, Otto Motors, BMW
Automotive Artificial Intelligence Market
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Expansion of the automotive industry is expected to drive the demand for automotive artificial intelligence. The automotive artificial intelligence market is likely to expand at a significant pace during forecast period owing to the advent of various advanced features and expansion of the service sector for automotive application. Moreover, key players operating in the automotive industry are investing heavily in order to develop advanced technology for vehicles. Varying customer preference for convenience, security, and safety offers an opportunity for vehicle manufacturers to implement AI systems in vehicles.
Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for automotive artificial intelligence. The automotive artificial intelligence market has been segmented by component (hardware, software, and service), by technology (machine learning & deep learning, computer vision, and natural language processing), by application (semi-autonomous and autonomous). Historical background for the demand of automotive artificial intelligence has been studied according to organic and inorganic innovations in order to provide accurate estimates of the market size. Primary factors influencing the growth of the demand automotive artificial intelligence have also been established with potential gravity. Major regions covered in the study include North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. NVIDIA Corporation
2. Waymo
3. Intel Corporation
4. IBM Corporation
5. Microsoft Corporation
6. Micron Technology
7. Otto Motors
8. BMW
9. Tesla Inc.
Increasing adoption of ADAS technology and rising demand for autonomous vehicles are major factors driving growth of the global automotive artificial intelligence market. In addition, increasing government regulations for vehicle safety is another factor driving growth of the global market. Moreover, increasing need to provide enhanced user and driving experience with advanced features is a rising trend in the global market, which is expected to further support growth of the global market during the forecast period.
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This is one of the key factors regulating automotive artificial intelligence market growth in those regions. Some of the major countries covered in this region include the USA, Germany, United Kingdom, France, Italy, Canada, etc.
During the forecast period Asia Pacific is expected to be one of the fastest growing regions for the automotive artificial intelligence market . Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar and others promises high market potential. In terms of market demand during the forecast period, the rest of the world including South America and Africa are developing regions.
Market Segmentation:
By Component:
Hardware
Software
Service
By Technology:
Machine Learning & Deep Learning
Computer Vision
Natural Language Processing
By Application:
Semi-Autonomous
Autonomous
By Region:
North America Automotive Artificial Intelligence Market
North America, by Country
US
Canada
Mexico
North America, by Component
North America, by Technology
North America, by Application
Europe Automotive Artificial Intelligence Market
Europe, by Country
Germany
Russia
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Europe, by Component
Europe, by Technology
Europe, by Application
Asia Pacific Automotive Artificial Intelligence Market
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Component
Asia Pacific, by Technology
Asia Pacific, by Application
Middle East & Africa Automotive Artificial Intelligence Market
Middle East & Africa, by Country
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Middle East & Africa, by Component
Middle East & Africa, by Technology
Middle East & Africa, by Application
South America Automotive Artificial Intelligence Market
South America, by Country
Brazil
Argentina
Colombia
Rest of South America
South America, by Component
South America, by Technology
South America, by Application
Objectives of this report:
To estimate market size for automotive artificial intelligence market on regional and global basis.
To identify major segments in automotive artificial intelligence market and evaluate their market shares and demand.
To provide a competitive scenario for the automotive artificial intelligence market with major developments observed by key companies in the historic years.
To evaluate key factors governing the dynamics of automotive artificial intelligence market with their potential gravity during the forecast period.
Reasons to Buy This Report:
Provides niche insights for decision about every possible segment helping in strategic decision making process.
Market size estimation of the automotive artificial intelligence market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the automotive artificial intelligence
Customization:
This study is customized to meet your specific requirements:
By Segment
By Sub-segment
By Region/Country
Product Specific Competitive Analysis
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 144 439 0986 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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