Artificial Intelligence uses various computer functions such as reasoning, learning, and problem-solving based on human intelligence. It involves the science and engineering of intelligent computer programs.AI systems can be used in various disciplines such as biology, computer science, mathematics, linguistics, psychology, and engineering to build an intelligent system. Applications that incorporate the AI systems in automotive are semi-autonomous and autonomous.

The global automotive artificial intelligence market is expected to register significant growth during the forecast period, owing to rise in demand for autonomous vehicles and increase in preference for an enhanced user experience and convenience features. However, threat of hackers and rise in cybercrime is expected to restrain the market growth.

The report segments the automotive artificial intelligence market based on component, technology, application, and region. Based on component, the market is divided into hardware, software, and service. Further, hardware is classified into processor, memory, and networks. Furthermore, processor is bifurcated into microprocessor and graphics processing unit. By technology the market is segmented into machine learning & deep learning, computer vision, and natural language processing. By application, it is fragmented into semi-autonomous and autonomous. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

A comprehensive competitive analysis and profiles of the major market players such as NVIDIA Corporation, Waymo, Intel Corporation, IBM Corporation, Microsoft Corporation, Micron Technology, Otto Motors, BMW, Tesla Inc., and Toyota.

KEY BENEFITS

This report provides an extensive analysis of the current & emerging trends along with dynamics in the global automotive artificial intelligence market.
In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2024.
This report entails the detailed quantitative analysis of the current trends and future estimations, which assist to identify the prevailing market opportunities.

KEY MARKET SEGMENTS

By Component

Hardware
Processor
Microprocessor (MPU)
Graphics Processing Unit (GPU)
Memory
Network
Software
Service

By Technology

Machine Learning & Deep Learning
Computer Vision
Natural Language Processing

By Application

Semi-Autonomous
Autonomous

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
Russia
France
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS PROFILED

NVIDIA Corporation
Waymo
Intel Corporation
IBM Corporation
Microsoft Corporation
Micron Technology
Otto Motors
BMW
Tesla Inc.
Toyota