Artificial Intelligence in Automobiles Industry

1. Summary Global Automotive Artificial Intelligence Market Information Report by Technology (Deep Learning, Machine Learning, Context Awareness, Computer Vision, Natural Language Processing), by Process (Signal Recognition, Image Recognition, Data Mining), by Application (Human–Machine Interface, Semi- autonomous Driving, Autonomous Driving) and by Regions - Global Forecast To 2023 Overview Market Research Future (MRFR), in its recently published research report, asserts that the global Artificial Intelligence in Automobiles Industry 2020 is booming and expected to grow exponentially over the review period, recording a substantial market valuation and a healthy CAGR of more than 10% in the forecast period. Get free Sample @ https://www.marketresearchfuture.com/sample_request/4258 Higher cost and relative lack of awareness among consumers is expected to act as a major restraint in the automotive AI market. the intimidation of hackers and rise in cybercrime is slated to hinder the market growth. On the contrary, rise in demand for the premium vehicle segment is poised to provide profitable growth opportunities for the market.one of the common buzzwords in the technology industry is Artificial Intelligence (AI). AI is anticipated play a big part in changing automotive industry. Competitive Analysis The leading market players operating in the global market as identified by MRFR are Qualcomm Inc. (US), Volvo Car Corporation (Sweden), Tesla Inc. (US), BMW AG (Germany), General Motors Company (US), Audi AG (Germany), Ford Motor Company (US), Hyundai Motor Corporation (South Korea), Toyota Motor Corporation (Japan), Uber Technologies Inc. (US) . Segmental Analysis The segmentation of the Artificial Intelligence in Automobiles Industry is carried out on the basis of process, technology, application and regions. On the basis of technology, the automotive AI market is segmented into computer vision, machine learning, deep learning, context awareness, and natural language processing. Based on technology, deep learning segment held the maximum share of the global Artificial Intelligence in Automobiles Industry in 2018. The major share of this segment is mainly attributed to the increasing investment by many market players in the development of self-driving cars in which the deep learning technology is used for data analysis, image processing, motion detection, and voice search. The segmentation of the Artificial Intelligence in Automobiles Industry on the basis of process consists of image recognition, signal recognition, and data mining. Based on process, data mining segment is likely to witness the growth ver the forecast period, owing to massive volumes of data generated and processed in a vehicle. The application segment of the market comprises human– machine interface, semi-autonomous driving, and autonomous driving. Regional Analysis The geographical analysis of the global market has been analyzed in four major regions, including North America, the Asia Pacific, Europe, and the rest of the world (Latin America, the Middle East and Africa).

2. North America is expected to be the leading region in the Artificial Intelligence in Automobiles Industry primarily owing to the existence of major manufacturers in this region. In addition to this, the availability of sophisticated technology to advance artificial intelligence programs are much more easily accessible in this region in comparison with others. Growing expectance of autonomous cars in the U.S. has considerably contributed towards the expansion of the Artificial Intelligence in Automobiles Industry in this region. Favorable government norms along with General Motors, Ford Motor Company, and Fiat- Chrysler Automotive leading the charge in the expansion of the artificial intelligence in automotive by constantly upgrading their product will have a positive impact on the market. Get Full Report @ https://www.marketresearchfuture.com/reports/automotive-artificial-intelligence- market-4258 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com