At an estimated value of over 2.49 billion USD in 2019, the Global Automotive Artificial Intelligence (AI) Market is predicted to thrive at a CAGR of 36.2% and valued at over USD 74.50 billion over the forecast year 2020-2030. Fully autonomous as well as semiautonomous vehicles use artificial intelligence to perform complex tasks such as face recognition, threat detection, image processing, vehicle localization and mapping etc., among others. Machine learning technology enables the vehicle in apprehending data, imitate the human mind and problem solving. Artificial Intelligence, along with other technologies such as Advance Driver Assistance System (ADAS), Adaptive Cruise Control (ACC) and Electronic Braking Distribution (EBD) make driving experience better and ensure advanced safety for both driver and passenger. Market Segmentations and Scope of the Study: The global automotive artificial intelligence market share has been analyzed on the basis of technology, component, application and geography. On the basis of technology, the market is categorized into machine learning & deep Learning, computer vision, and natural language processing. On the basis of component, the market is segmented into hardware, software and service. Hardware is further sub segmented into processor, memory and networks. Additionally, processor is bifurcated into microprocessor and graphics processing unit. On the basis of application, the market is segmented into Semi-Autonomous and Fully Autonomous. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW. Request
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https://www.nextmsc.com/automotive-artificial-
intelligence-market/request-sample Geographical Analysis In terms of geography, North America holds the lion share in the Automotive AI market. The increased adoption of advanced technologies in this region along with the expansion of automotive industry will help this region to retain the major market share throughout the forecast period. In addition, Asia Pacific is expected to grow rapidly with the fastest growing CAGR due to growing consumer base in this region. Inquire before buying- https://www.nextmsc.com/automotive-artificial-intelligencemarket/inquire-before-buying About Us: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help