Press release
Artificial Intelligence In Transportation Market Industry Analysis, Growth, Trends and Forecast - 2029
Artificial Intelligence In Transportation Market
The report's statistical analysis included the following topics: capacity, production value, cost and profit, and supply and demand. Also included with examples by region is a brief review of the market's drivers, restraints, opportunities, and challenges. Market vendors should preserve their positions in the slow-growing segments while concentrating more on the growth prospects in the fast-growing segments to take advantage of the opportunities. Also, it has discussed market micro- and macro-analysis, significant market advancements, and significant market trends.
Artificial intelligence is the technology that is employed in the production of autonomous vehicles. The market for artificial intelligence and transportation will expand throughout the forecast period since it is the only technology that offers real-time and trustworthy recognition of diverse items around the vehicle. The application of this technology aids in improved optimization for these autonomous vehicles. This technology is being used by original equipment manufacturers to create efficient vehicles.
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One of the main factors influencing the expansion of AI in the transportation sector is the development of autonomous cars. Major vehicle original equipment manufacturers are now making large investments in the automotive sector, primarily for the development of the self-driving technology (OEM). Consequently, it is anticipated that the development of autonomous vehicles with smart features would accelerate the market's growth on a global scale.
The transportation industry for artificial intelligence is divided into data mining, signal recognition, and picture recognition categories based on the method. Due to the increasing demand for prognostic maintenance in the transportation industry, the expanding impact of artificial intelligence in in-car safety and infotainment, and the need for more data of images and signals to be managed and analysed, the data mining segment is anticipated to grow at the fastest rate among all processes during the forecast period. Also, the market leader in 2023 will be the signal recognition section. This is because signals like text, gestures, mapping, tracking, and others are increasingly used in a variety of safety applications.
Global Artificial Intelligence in Transportation Market: Major Players
Robert Bosch GmbH
Baidu
IBM Corporation
Continental AG
MicroStrategy, Inc
Apple Inc.
Intel Corporation
Microsoft Corporation
Tesla
ZF Friedrichshafen AG
Valeo SA
IPsoft
Alphabet Inc
Qlik Technologies Inc
NVIDIA Corporation
Global Artificial Intelligence in Transportation Market: By Types
Deep Learning
Computer Vision
Natural Language Processing (NLP)
Others
Global Artificial Intelligence in Transportation Market: By Applications
Semi & Full-Autonomous
Platooning
Human Machine Interface (HMI)
Advance Driver Assistance System (ADAS)
Global Artificial Intelligence in Transportation Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Artificial Intelligence in Transportation market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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