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Artificial Intelligence in Automotive Market Offering Company Profile: Qualcomm Inc., Tesla Inc., Volvo Car, BMW AG, Audi AG

03-26-2021 11:47 AM CET | Tourism, Cars, Traffic

Press release from: Coherent Market Insights

Artificial Intelligence in Automotive Market

Artificial Intelligence in Automotive Market

Artificial Intelligence is increasingly being adopted in the automotive sector, in order to reduce human errors and human intervention. Artificial intelligence autonomously enhances visual perception, decision making, and speech recognition. The increasing government regulations for vehicle safety become one of the major driver for the growth of the market. Increasing demand for autonomous vehicles is expected to support growth of the artificial intelligence in automotive market. Increasing number of road accidents and fatal injuries, due to human errors has led to increasing demand for autonomous vehicles

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Key Players in the Global Artificial Intelligence in Automotive Market:-
Major players of global artificial intelligence in automotive market are Qualcomm Inc. (U.S.), Tesla Inc., Volvo Car Corporation, BMW AG, Audi AG (Germany), General Motors Company (U.S.), Ford Motor Company (U.S.), Toyota Motor Corporation (Japan), Hyundai Motor Corporation (South Korea), Uber Technologies Inc. (U.S.), and Apple Inc

Global Artificial Intelligence in AutomotiveMarket Taxonomy:-
On basis of offering, the artificial intelligence in automotive market is segmented into
• Hardware
• Software

On basis of technology, the artificial intelligence in automotive market is segmented into
• Deep learning
• Machine learning
• Infotainment Systems
• IOT (Internet Of Things)
• Cognitive Capabilities

On basis of application, the artificial intelligence in automotive market is segmented into
• Semi-autonomous applications
• Fully-autonomous applications

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The report also sheds light on the vendor landscape, in order to inform the readers about the changing dynamics of the market. The report plays host to information such as theArtificial Intelligence in Automotive products developed by these companies, that is certain to help established companies as well as new entrants to plan their strategies. The researchers and analysts have provided in-depth analysis of the market segmentation based on the type, application, and geography.

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About Coherent Market Insights:-
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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