The age of AI has arrived and how AI will revolutionize the automobile

Dublin, June 16, 2023 /PRNewswire/ — ‘Artificial Intelligence for Automotive: Global Strategic Business Report’ report added of ResearchAndMarkets.com Recruitment.

Global automotive artificial intelligence market to reach $14.8 billion by 2030

In the changing business environment after COVID-19, the global market for automotive artificial intelligence is estimated as follows. US$3.2 billion In 2022, the revised scale will be US$14.8 billion By 2030, it will grow at a CAGR of 20.9% over the analysis period of 2022-2030.

Software, one of the segments analyzed in the report, registered a CAGR of 22.5%, $9.6 billion By the end of the analysis period. Considering the continued recovery after the pandemic, the growth of the hardware sector will recalibrate to revise his CAGR to 18.4% over the next eight years.

The US market is estimated to be $1.2 billionMeanwhile, China is projected to grow at a CAGR of 23.1%

The US automotive artificial intelligence market is estimated to be: $1.2 billion In 2022. ChinaAs the second largest economy in the world, the size of this market is US$2.4 billion By 2030, it will achieve a CAGR of 23.1% over the analysis period of 2022-2030.

Other notable geographic markets include: Japan and Canada, respectively, are expected to grow by 16.3% and 18.3% respectively over the period 2022-2030.internal Europe, Germany It is projected to grow at a CAGR of approximately 20.3%.

Towards 2023

Fears of inflation and sluggish demand have led companies to curb investment, and a decline in capital investment is imminent. With slowing growth and high inflation, developed markets appear poised to plunge into recession.

Fear of the spread of new infections with the new coronavirus and Chinese The post-pandemic trajectory is already uncertain, and there is a real risk that the world will suffer more severe supply chain pain and manufacturing disruptions this year.

The challenges we face will be compounded by volatile financial markets, increasing trade tensions, a tightening regulatory environment and pressure to mainstream climate change into economic decision-making.

story continues

2023 is expected to be a tough year for most markets, investors and consumers. Nevertheless, there is always an opportunity for companies and their leaders who can chart a path forward that is resilient and adaptive.

What’s new for 2023?

• special coverage Russia–Ukraine war; global inflation;Relaxation of the zero-corona policy China And that “bumpy” restart. Supply chain disruptions, global trade conflicts. and recession risk.

• Global competitiveness and market share percentage of major competitors

• Market presence across multiple geographies – strong/active/niche/small

• Bespoke updates for online, interactive, peer-to-peer collaboration

• Access to digital archives and research platforms

• 1 year of free updates

Main topics covered:

Market overview

• The age of AI has arrived and how AI will revolutionize the automobile

• Evolution and Growth of AI Measured by Strong Spending on AI Enablement, Promoting Technology for Automotive Use: Global Market for Artificial Intelligence (AI) in 2021, 2023, 2025 and 2027 (Billion USD)

• Where and how is AI being used in the automotive industry?: Breakdown of automotive AI spending by application area in 2022 (%)

• The latest information on the global economy

• competition

• Automotive Artificial Intelligence – Market Share (E) of Major Global Competitors in 2022

• Competitive market presence – strong/active/niche/mediocre for players worldwide in 2022 (E)

• Artificial Intelligence for Automotive: Global Market Outlook and Prospects

• world brand

• Recent market activity

• innovation

Market trends and drivers

• Growing demand for connected and safe in-vehicle infotainment systems as AI technology expands in vehicles

• Integrating AI into In-Vehicle Infotainment Systems Gains Momentum, Fueled by Strong Demand for Intuitive, Smarter and Safer Systems Automotive Infotainment Market Opportunity (USD Billion)

• Rapid progress toward commercialization of self-driving cars driving the importance of AI technology

• Exhibition of global sales of self-driving cars (million units) in 2020, 2025 and 2030

• AI Makes Its Presence in Vehicle Access Control as Auto Thefts Rise

• With the number of vehicles stolen each year increasing, AI’s ability to make vehicle access control systems more foolproof is highlighted: Vehicle Theft (000 Vehicles) usa From 2019 to 2022

• car theft usa By area type as of 2022

• Growing popularity of in-car payments bodes well for AI adoption in cars

• Need for Intuitive and Safer Vehicle HMI Solutions Drives Use of AI

• Robust Innovation in Automotive HMI Market Booms Adoption of AI Technology in HMI R&D, Design and Development: Global Automotive HMI Market by 2022, 2024, 2026, 2028, 2030 (USD Billion)

• Expanding the role of AI in driver monitoring with a focus on driver behavioral intelligence

• How AI Enables Secure Vehicle Communications in the Automotive Internet Era

Focus on select players (Total 133 listings)

• Argo AI, LLC

• aether energy

• Audi AG

• Automotive Artificial Intelligence (AAI) GmbH

• BMW AG

• Mercedes-Benz Group AG

• ford motor company

• general motors company

• german autolab

• Harman International Industries Co., Ltd.

• Honda motor industry stock company

• Hyundai Motor Co., Ltd.

• IBM Corporation

• iGloble Software Solutions Pvt. Ltd.

• Intel Corporation

• Micron Technology Co., Ltd.

• microsoft

• Mitsubishi Electric Corporation

• Motional Co., Ltd.

• nauto

• NVIDIA Corporation

• Qualcomm Inc.

• Refraction AI

• Sapient X Inc.

• sonicrew

• Tesla

• Tractable (UK)

• Uber Technologies Inc.

• Volvo Car Corporation

• Xilinx Corporation

For more information on this report, please visit https://www.researchandmarkets.com/r/qlu8eg.

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