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Artificial Intelligence (AI) for Automotive Market 2018
Artificial Intelligence for Automotive Market 2018, is latest research report by
MarketResearchFuture, the global Artificial Intelligence for Automotive market is expected
to Register High Growth Rate during 2018 To 2023. Report analyzes Artificial Intelligence
for Automotive Market Key Companies with Size, Share, Trends analysis, and Key Country
Forecast to 2023. Artificial Intelligence for Automotive Market Information is segmented
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
Key Players
The key players of global Artificial Intelligence for Automotive market Qualcomm Inc. (US),
Tesla Inc. (US), Volvo Car Corporation (Sweden), BMW AG (Germany), Audi AG (Germany),
General Motors Company (US), Ford Motor Company (US), Toyota Motor Corporation
(Japan), Hyundai Motor Corporation (South Korea), Uber Technologies Inc. (US) .
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Market Scenario
The booming automotive industry is a constant source of driving demand in the Artificial
Intelligence for Automotive market. With the emergence of cloud-hosted intelligence,
driver assist features and internet of thing the market for Artificial Intelligence for
Automotive is expected to witness significant growth in the near future. Additionally with
major players in the automotive industry heavily investing in development of artificial
intelligence for automobiles, the industry wide standard such as the adaptive cruise
control, advanced driver assistance systems and blind spot alert would further trigger the
growth in the Artificial Intelligence for Automotive market. Changing consumer preference
towards convenience and safety provides an opportunity for original equipment
manufacturers in the automotive AI market. The global Artificial Intelligence for
Automotive market is expected to register a healthy growth rate of more than 10%.
High cost and relative lack of awareness among consumers is expected to act as a major
restraint in the automotive AI market.
Regional Analysis
By 2023, North America is expected to be the dominant region in the Artificial Intelligence
for Automotive market primarily due to the presence of major manufacturers in this