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Artificial Intelligence In Transportation Market 2023 | Business Overview, New Share, Trends Analysis, And Forecast To 2032
Artificial Intelligence in Transportation Market
The Business Research Company's Artificial Intelligence In Transportation Global Market Report 2023 identifies growing demand for autonomous vehicles is expected to propel the growth of artificial intelligence in the transportation market. Autonomous vehicles employ artificial intelligence to operate the vehicle and to sense any accidents or obstacles.
The global artificial intelligence in transportation market size will grow from $2.6 billion in 2022 to $3.1 billion in 2023 at a compound annual growth rate (CAGR) of 19.4%. The size of artificial intelligence in transportation market is expected to grow to $6.3 billion in 2027 at a CAGR of 19.4%.
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Major players in the artificial intelligence in transportation market are Volvo Cars, Mercedes-Benz Group AG, Scania AB, Peloton Interactive, Inc., Valeo, Xevo Inc., NVIDIA Corporation, Intel Corporation, Robert Bosch GmbH, Continental AG, Microsoft Corporation, IBM Corporation, Magna International Inc., and ZF Friedrichshafen AG.
Technological advancements have emerged as a key trend gaining popularity in artificial intelligence in the transportation market. Major companies operating in the market are focusing on innovations of new products to strengthen their market position.
Read More On The Global Artificial Intelligence In Transportation Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-transportation-global-market-report
The artificial intelligence in transportation market is segmented -
• By Offering: Hardware, Software
• By Machine Learning Technology: Deep Learning, Computer Vision, Context Awareness, Natural Language Processing
• By Process: Signal Recognition, Object Recognition, Data Mining
• By Application: Semi-Autonomous Truck, Truck Platooning, Predictive Maintenance, Precision And Mapping, Autonomous Truck, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the artificial intelligence in transportation market.
The Business Research Company's "Global Artificial Intelligence In Transportation Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence In Transportation Market Include:
1. Artificial Intelligence In Transportation Market Executive Summary
2. Artificial Intelligence In Transportation Market Segments
3. Artificial Intelligence In Transportation Market Size And Artificial Intelligence In Transportation Market Growth Rate
4. Key Artificial Intelligence In Transportation Market Trends
5. Major Artificial Intelligence In Transportation Market Drivers
……
25. Key Mergers And Acquisitions In The Artificial Intelligence In Transportation Market
26. Top Artificial Intelligence In Transportation Companies
27. Artificial Intelligence In Transportation Market Opportunities And Strategies
28. Artificial Intelligence In Transportation Market, Conclusions And Recommendations
29. Appendix
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