Automotive Artificial Intelligence Market Report

Description

Developing cloud hosting intelligence along with ever flourishing automotive industry is rapidly altering the overall dynamics of the automotive artificial intelligence market. Autonomous driving assistance that enables object recognition is viewed as a reliable solution to the pressing issue of road safety. The industry standards as adaptive cruise control, advanced driver assistance systems and blind spot alert are being readily incorporated within the leading automotive manufacturing brands by facilitating huge investments for product innovation. The inclination towards the use of passenger cars and commercial vehicles that could be operated with minimal human intervention is estimated to soon be the norm. Thus autonomous vehicles leveraging artificial intelligence would prove to be a breakthrough in regions facing scarcity of manpower in the transportation sector. 
The global automotive artificial intelligence market is anticipated to surpass the market value of US$ 11 billion by 2026 end, registering a bolstering CAGR of 37.1%, for the forecast period from 2019 to 2026. 

Global Automotive Artificial Intelligence Market, by Component
  Software
  Hardware
  Service
Software is the core segment of the global automotive artificial intelligence that majorly drives the interactions with databases and internet of things (IoT) related to automotive operations. The major challenge faced by this segment is the cyber-attacks and related consequences. Thus market players that provide cyber-attack safeguarded solution on a regular basis are estimated to lead the market. The hardware components provide physical interfacing between human being and automotive vehicles. This segment is anticipated to grow in terms of nanotechnology innovations for years to come. Automotive artificial intelligence runs on services like blockchain and high-speed wireless internet services. Hence the services segment will remain the most competitive segment in terms of affordability and omnipresence.

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Global Automotive Artificial Intelligence Market, by Technology 
Natural Language Processing
Computer Vision
Machine Learning & Deep Learning
Overall, the usage of voice commands for automatic operations is gaining popularity across demography. Natural Language Processing (NLP)is the most comprehensive set of technology that can be employed for meeting this demand. Hence NLP segment is to experience a tremendous upsurge in the CAGR for coming years. The advancement in data mining and data analysing tools is facilitating rapid reliability on machine learning and deep learning to facilitate mimicking of human reactions in life-critical situations while driving. Hence this segment has a huge potential of growth over the forecast period.

Global Automotive Artificial Intelligence Market, by Application   
  Autonomous
  Semi-Autonomous
 
Global Automotive Artificial Intelligence Market, by Region
North America
Latin America
Europe
Asia Pacific
Rest of the World

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Competitive Landscape:  
Tier 1 players- established companies in the market with a major market share
Tier 2 players 
Emerging players which are growing rapidly 
New Entrants  

FutureWise Key Takeaways 
Growth prospects
SWOT analysis 
Key trends 
Key data-points affecting market growth 

Objectives of the Study: 
To provide with an exhaustive analysis on the global automotive artificial intelligence  market on the basis of component, technology, application and region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market 
To predict the market size, in key regions (along with countries)North America, Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies 

Table of Contents

INTRODUCTION

• Report description
• Key benefits for stakeholders
• Key market segment
• Research methodology
  • o Secondary research
  • o Primary research
  • o Analyst tools & models

EXECUTIVE SUMMARY

MARKET OVERVIEW

• Market definition and scope
• Key findings
• Market share, 2019
• Market dynamics
• Drivers
• Rise in demand for enhanced user experience and convenience features
• Growing demand of autonomous vehicle
• Restraint
• Rise security and privacy concerns
• Opportunity
• Increasing demand for premium vehicle segment

AUTOMOTIVE ARTIFICIAL INTELLIGENCE MARKET, BY COMPONENT

• Overview
• Hardware
• Processor
• Memory
• Network
• Software
• Services

AUTOMOTIVE ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY

• Overview
• Machine Learning & Deep Learning
• Computer Vision
• Natural Language Processing

AUTOMOTIVE ARTIFICIAL INTELLIGENCE MARKET, BY APPLICATION

• Overview
• Semi-Autonomous
• Autonomous

AUTOMOTIVE ARTIFICIAL INTELLIGENCE MARKET, BY REGION

• Overview
• 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

COMPANY PROFILES

• Nvidia Corporation
• Alphabet Inc. (Waymo)
• Intel Corporation
• International Business Machines Corporation (IBM)
• Microsoft Corporation
• Micron Technology, Inc.
• BMW
• Uber Technologies Inc. (OTTO Motors)
• Tesla, Inc.
• Toyota Motor Corporation

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Contact Us:

Company Name: FutureWise Research
Contact Person:  Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
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Country:  United Kingdom
Website: www.futurewiseresearch.com

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