Automotive Artificial Intelligence Market is expected to grow at a moderate rate during the forecast period 2019-2025. Technological advancements across the globe have paved their ways across numerous industry verticals. Automotive AI is one such advancement which is expected to change the way various industries are operating across the globe. AI is expected to be one of the prime reasons for shifting paradigms across the automotive industry. As the automotive manufacturers tend to increase their focus on enhancing consumer experience along with improving the vehicle efficiency, they are implementing AI in numerous departments of a vehicle. Numerous companies are investing in R&D of driverless cars which implements artificial technology for its functioning. AI is not only being used for autonomous driving, however, it is also being implemented for assisting the driver for the better driving experience. Use of AI is also done to introduce mapping and localization of the vehicle.

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Government regulations across the globe are getting stringent for the safety of driver without making them compromise on their comfort. This is expected to be one of the key reasons which are expected to promote the implementation of AI across the globe. Moreover, as the per capita income of the global population has increased, it is expected to promote the sales of luxury vehicles across the globe. This is expected to promote the demand for advanced technologies such as AI for automotive purpose over the forecast period. However, when implemented in vehicles, this can increase the cost of vehicles significantly. This can have a negative impact on the growth of the market over the forecast period.

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Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to register a significant share in the overall market owing to the presence of numerous key players in the region. Moreover, Europe is expected to follow North America in terms of share as it comprises a few economies such as Germany and UK, which are key automotive markets across the globe. Moreover, the disposable income of population has increased considerably; this trend is expected to follow in the coming years, which is expected to increase implementation of advanced technology such as automotive AI over the coming years.

There are various companies involved in automotive artificial intelligence market such as NVIDIA Corp., IBM Corp., Intel Corp., Nuro, Inc., Harman International Industries, Inc. ARM Ltd., and so on. The companies are focused on developing advanced AI solutions to stay competitive in the market. Geographical expansion, merger & acquisition, finding a new market or innovate in their core competency in order to expand individual market share are the key strategies adopted by major market players.

Market Segmentation
Global Automotive AI Market by Component Type
Hardware
Software
Global Automotive AI Market by Technology Type
Computer Vision
Natural Language Processing
Machine Learning & Deep Learning
Global Automotive AI Market by Application
Autonomous
Semi-Autonomous

Global Automotive AI Market by Process
Signal Recognition
Image Recognition
Data Mining
Regional Analysis
North America
United States
Canada

Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
IBM Corp.
NVIDIA Corp.
Intel Corp.
Waymo LLC
Baidu USA, LLC
Altmotive Ltd

Nauto, Inc.
nuTonomy Group
Zoox, Inc.
Drive.ai
Nuro, Inc.
BRAIQ, Inc.
Graphcore, Ltd.
FiveAI, Inc.
BrainChip Holdings, Ltd.
Nuance Communications, Inc.
Argo AI, LLC
Xilinx, Inc.
Harman International Industries, Inc.
Qualcomm Technologies, Inc.
ARM Ltd.
Advanced Micro Devices, Inc.

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