Press release
Allied Market Research
Automotive Artificial Intelligence Market
๐๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/4638
๐๐ข๐ฌ๐ญ ๐๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Waymo,
BMW,
Intel Corporation,
Toyota,
Microsoft Corporation,
NVIDIA Corporation,
IBM Corporation,
Otto Motors,
Micron Technology,
Tesla Inc.
Demand for better user experience & convenience features and surge in demand for autonomous vehicles drive the growth of the global automotive AI market. However, an increase in various security & privacy concerns restrains the growth up to a certain extent. On the other hand, the rise in demand for premium vehicles is expected to create numerous opportunities in the future.
๐๐๐๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ - https://www.alliedmarketresearch.com/automotive-artificial-intelligence-market/purchase-options
The hardware segment to remain dominant during the forecast period
Based on the component, the hardware segment contributed nearly half of the total market in 2017 and will maintain its dominant position throughout the forecast period. On the other hand, the services segment is expected to register the highest growth rate with a CAGR of 47.8% from 2018 to 2025, owing to increase in requirement of hosting services including maintenance, integration, security, and others to resolve hosting issues.
The computer vision segment to lead throughout the forecast period
Based on technology, the computer vision segment generated the highest market share in 2017, contributing nearly two-fifths of the total market share. This is due to the surge in the usage of machine learning and deep learning for developing self-driving vehicles. However, the natural language processing segment is expected to register the fastest CAGR of 47.0% from 2018 to 2025, owing to ease in the manipulation of texts and automatic identification of the voice, speech, and places.
North America to maintain lead position by 2025
Based on the region, North America accounted for nearly two-fifths of the total market share in 2017 and is expected to maintain its lead position throughout the forecast period. This is due to an increase in demand for AI, rise in demand for automation, the emergence of the Internet of Things (IoT), and accessibility to high-end infrastructure.
๐๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/4638
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
Based on component, the hardware segment is anticipated to dominate the global automotive artificial intelligence market in terms of revenue. However, based on application, semiautonomous dominated the market in 2017.
In 2017, the machine learning & deep learning based on the technology segment accounted for the highest revenue.
North America held the majority of market share in 2017.
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
โก๏ธAutomotive V2X Market - https://www.alliedmarketresearch.com/automotive-v2x-market-A07120
โก๏ธAutomotive Over-the-Air (OTA) Market - https://www.alliedmarketresearch.com/automotive-over-the-air-ota-market-A07270
โก๏ธAutomotive Repair and Service Market - https://www.alliedmarketresearch.com/automotive-repair-and-service-market
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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