Global Automotive Artificial Intelligence Market was valued at USD 443.5 million in 2018 which is expected to reach USD 8687.2 million by 2030 at a CAGR 44.08%.
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.
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.
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.
Global Automotive Artificial Intelligence Market is segmented into component such as Hardware, Software, and Services, by technology such as Computer Vision, Natural Language Processing, and Machine Learning & Deep Learning. Further, Global Automotive Artificial Intelligence Market is segmented into application such as Fully Autonomous, and Semi Autonomous.
Also, Global Automotive Artificial Intelligence Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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.
1.1. Market Taxonomy
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
5.1. Y-o-Y Growth Comparison, By Component
5.2. Global Automotive Artificial Intelligence Market Share Analysis, By Component
5.3. Global Automotive Artificial Intelligence Market Size and Forecast, By Component
5.3.1 Hardware
5.3.2 Software
5.3.3 Services
6.1. Y-o-Y Growth Comparison, By Technology
6.2. Global Automotive Artificial Intelligence Market Share Analysis, By Technology
6.3. Global Automotive Artificial Intelligence Market Size and Forecast, By Technology
6.3.1 Computer Vision
6.3.2 Natural Language Processing
6.3.3 Machine Learning & Deep Learning
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Automotive Artificial Intelligence Market Share Analysis, By Application
7.3. Global Automotive Artificial Intelligence Market Size and Forecast, By Application
7.3.1 Fully autonomous
7.3.2 Semi autonomous
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Automotive Artificial Intelligence Market Share Analysis, By Region
9.1 Introduction
9.2 North America Automotive Artificial Intelligence Market Analysis, By Component
9.3 North America Automotive Artificial Intelligence Market Analysis, By Technology
9.4 North America Automotive Artificial Intelligence Market Analysis, By Application
9.5 North America Automotive Artificial Intelligence Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Automotive Artificial Intelligence Market Analysis, By Component
10.3 Europe Automotive Artificial Intelligence Market Analysis, By Technology
10.4 Europe Automotive Artificial Intelligence Market Analysis, By Application
10.5 Europe Automotive Artificial Intelligence Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11.1 Introduction
11.2 Asia Pacific Automotive Artificial Intelligence Market Analysis, By Component
11.3Asia Pacific Automotive Artificial Intelligence Market Analysis, By Technology
11.3Asia Pacific Automotive Artificial Intelligence Market Analysis, By Application
11.4 Asia Pacific Automotive Artificial Intelligence Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Automotive Artificial Intelligence Market Analysis, By Component
12.3Latin America Automotive Artificial Intelligence Market Analysis, By Technology
12.4Latin America Automotive Artificial Intelligence Market Analysis, By Application
13.1 Introduction
13.2 Middle East & Africa Automotive Artificial Intelligence Market Analysis, By Component
13.3Middle East & Africa Automotive Artificial Intelligence Market Analysis, By Technology
13.4Middle East & Africa Automotive Artificial Intelligence Market Analysis, By Application
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15.1 Volvo Car Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Tesla, Inc
15.3 Qualcomm Inc
15.4 Xilinx Inc
15.5 Harman International Industries, Inc
15.6 International Business Machines Corporation
15.7 Microsoft Corporation
15.8 Intel Corporation
15.9 Alphabet Inc
