Automotive Artificial Intelligence Market Size, Technology Insights and Forecast Report by 2027


Posted October 7, 2020 by pankajrathi

Global Automotive Artificial Intelligence Market was valued at USD 443.5 million in 2018 which is expected to reach USD 8687.2 million by 2027 at a CAGR 44.08%.
 
Global Automotive Artificial Intelligence Market was valued at USD 443.5 million in 2018 which is expected to reach USD 8687.2 million by 2027 at a CAGR 44.08%.

For a better understanding of the Automotive Artificial Intelligence market, a better grip over the macroeconomic and microeconomic factors are needed as they are impacting the market towards progress. Those factors can ensure a swift helming of the market by rough patches of economic crisis and help in averting plummeting results. With real-time data, the report captures the essence of the market and provides a close reading of demographic changes. Report would assist key players in assessing growth opportunities and optimally use resources provided by growth pockets.

Request Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Automotive-Artificial-Intelligence-Market/request-sample

Artificial intelligence is the progressive and advanced technology in computer science. This is associated with human intelligence such as reasoning, learning, problem solving, understanding and others. Continuous growth in automotive industry is expected to propel the global automotive artificial intelligence market growth.

Market Drivers
Rise in government rules and regulations for vehicle safety is the key driving factor which is expected to boost the global automotive artificial intelligence market growth. Furthermore, rise in demand for enhanced user experience and convenience features and rise in trends of automotive vehicles will have the positive impact on global automotive artificial intelligence market growth, during this forecast period. In addition to that, rise in demand for autonomous vehicles is expected to fuel the market growth. Also, technological advancements and innovations will drive the global automotive artificial intelligence market growth.

Market Restraints
However, high cost of vehicles is the major challenging factor which expected to hamper the global automotive artificial intelligence market growth. Also, threat to cyber security will affect the market growth.

Market Key Players
Various key players are discussed in this report such as Volvo Car Corporation, Tesla, Inc. Qualcomm Inc., Xilinx Inc., Harman International Industries, Inc., International Business Machines Corporation, Microsoft Corporation, Intel Corporation, and Alphabet Inc.

Market Taxonomy
By Component
• Hardware
• Software
• Services
By Technology
• Computer Vision
• Natural Language Processing
• Machine Learning & Deep Learning
By Application
• Fully autonomous
• Semi-Autonomous
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Browse Full Research Report @ https://qualiketresearch.com/reports-details/Automotive-Artificial-Intelligence-Market

About Us:-
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

Contact Person:-
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: [email protected]
Website: https://qualiketresearch.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By qualiket research
Country India
Categories Business , Industry , News
Tags automotive artificial intelligence market
Last Updated October 7, 2020