Press release
Artificial Intelligence In Automotive: Accelerated Market Growth Predicted with a CAGR of 61.5%, Major Trends and Drivers in View for 2025
Artificial Intelligence In Automotive Market Outlook
What Is The Projected Market Size Of The Global Artificial Intelligence In Automotive Market And Its Growth Rate?
•The artificial intelligence in automotive market has grown significantly from $10.88 billion in 2024 and is projected to reach $17.56 billion in 2025, marking a compound annual growth rate (CAGR) of 61.5%.
•Predictions suggest a surge to $98 billion by 2029 at a CAGR of 53.7%.
•The growth is driven by factors such as increasing demand for autonomous vehicles, user convenience experiences, AI implementation in automotive supply chains, and noteworthy advancements in computer vision.
What Is Driving The Growth In The Artificial Intelligence In Automotive Market?
The surge in demand for autonomous vehicles serves as a primary driver for the growth of artificial intelligence in the automotive market. These vehicles integrate AI to interpret surroundings, make decisions, and control the vehicle without human intervention. According to the National Highway Traffic Safety Administration, it's expected that by 2025 there will be 3.5 million self-driving vehicles on U.S. roads, which will increase to 4.5 million by 2030. Thus, this rise in the autonomous vehicles paves the way for accelerated growth in the AI automotive market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13584&type=smp
Who Are the Key Players Driving Artificial Intelligence In Automotive Market Growth?
•Alphabet Inc.
•Toyota Motor Corporation
•Microsoft Corporation
•Ford Motor Company
•General Motors Company
•Bayerische Motoren Werke AG
•Honda Motor Co. Ltd.
•Tencent Holdings Ltd.
•Tesla Inc.
•Intel Corporation
•The International Business Machines Corporation (IBM)
•Audi AG
•Volvo Cars
•AB Volvo
•Qualcomm Technologies Inc.
•The Mercedes-Benz Group AG
•Mitsubishi Electric
•Uber Technologies Inc.
•Micron Technology Inc.
•NVIDIA Corporation
•Harman International Industries Inc.
•Waymo LLC
•Xilinx Inc.
•Argo AI
•Cognata ltd
What Are The Key Trends In The Artificial Intelligence In Automotive Market?
•Advancements in autonomous driving
•Personalized user experiences
•Predictive maintenance
•Enhancements in vehicle connectivity
•Integration of natural language processing (NLP)
What Are The Segments Of Artificial Intelligence In Automotive Global Market?
•By Component: Hardware, Software, Services
•By Process: Data Mining, Image Or Signal Recognition
•By Technology: Computer Vision, Context Awareness, Deep Learning, Machine Learning, Natural Language Processing (NLP)
•By Application: Semi-Autonomous vehicles, Fully-Autonomous Vehicles
Which Region Leads The Artificial Intelligence In Automotive Market?
North America held the largest market share for artificial intelligence in automotive in 2024. However, Asia-Pacific is expected to see the fastest growth during the forecast period. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for swift delivery:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-automotive-global-market-report
What Is Covered In The Artificial Intelligence In Automotive Global Market Report?
•Market Size Analysis: Analyze the Artificial Intelligence In Automotive size by key regions, countries, product types, and applications.
•Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence In Automotive for effective categorization.
•Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
•Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
•Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence In Automotive growth.
•Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
•Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence In Automotive.
•Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for this report:
https://www.thebusinessresearchcompany.com/customise?id=13584&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence In Automotive: Accelerated Market Growth Predicted with a CAGR of 61.5%, Major Trends and Drivers in View for 2025 here
News-ID: 3846128 • Views: …
More Releases from The Business Research Company
Future of Synthetic Pigments Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Synthetic Pigments Market by 2025?
In the past few years, the synthetic pigments market has seen considerable growth. It is projected to elevate from $44.22 billion in 2024 to $46.99 billion in 2025, witnessing a compound annual growth rate (CAGR) of 6.3%.…
Fatty Methyl Ester Sulfonate Market Expansion Outlook: $3.32 Billion in 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Fatty Methyl Ester Sulfonate Market from 2024 to 2025?
In recent times, the market size of fatty methyl ester sulfonate has experienced rapid growth. The market, which was valued at $1.65 billion in 2024, is expected to grow to $1.9 billion in 2025, with a…
Specialty Fertilizers Market Size to Reach $42.26 Billion by 2029 | Growth at 7. …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Specialty Fertilizers Industry?
In the past few years, the specialty fertilizers market has seen robust growth. The market, which was worth $30.4 billion in 2024, is projected to increase to $32.07 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.5%.…
Seed Coating Materials Industry Set to Achieve $3.87 Billion Milestone by 2029 | …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Seed Coating Materials Market Size 2025?
The market for seed coating materials has seen substantial growth recently, with projections showing a rise from $2.41 billion in 2024 to $2.62 billion in 2025, representing a compound annual growth rate (CAGR) of 8.7%. The past growth…
More Releases for Artificial
Artificial Intelligence or Artificial Soul by Denise White
Author Denise White exposes the subtle societal forces shaping young minds and offers profound wisdom to help children develop resilience against artificial influences.
As artificial intelligence continues to permeate every aspect of modern life, from self-driving cars to virtual assistants, a critical question arises: Are we sacrificing our authenticity and human essence for the sake of technological advancement? In her latest book, Guarding the Child's Imagination , author Denise White sheds…
Artificial Neural Network Software Market: Advancements in Artificial Neural Net …
The Report on "Artificial Neural Network Software Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of Artificial Neural Network Software Market: The artificial neural network software market is experiencing robust growth as organizations across various industries increasingly leverage AI-driven solutions to enhance decision-making, automate processes, and gain actionable insights from…
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Kidney Market Report 2018: Segmentation by Type (Wearable Artificial …
Global Artificial Kidney market research report provides company profile for Medtronic, DaVita, Merit Medical Systems, NIPRO Medical Corporation, Nikkiso, B. Braun Melsungen AG, Kawasumi Laboratories, Fresenius, Baxter, Asahi Kasei Medical, Xcorporeal and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
