The Automotive Artificial Intelligence Global Market Report 2021-31 by The Business Research Company describes and explains the global automotive artificial intelligence market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Automotive Artificial Intelligence Global Market Report 2022 covers automotive AI market drivers, automotive AI market trends, automotive AI market segments, automotive artificial intelligence market growth rate, automotive AI market major players, and automotive AI market size.

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The automotive artificial intelligence market report provides in-depth analysis of the impact of COVID-19 on the global automotive AI industry along with revised market numbers due to the effects of the coronavirus and the expected automotive artificial intelligence market growth numbers for 2022-2031.

The global automotive artificial intelligence market size is expected to grow from $1.42 billion in 2021 to $1.98 billion in 2022 at a compound annual growth rate (CAGR) of 39.62%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The automotive AI market share is expected to reach $7.78 billion in 2026 at a CAGR of 40.79%.

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Automotive Artificial Intelligence Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the automotive AI market segments-
1) By Component: Hardware, Software, Service
2) By Type: Automatic Drive, ADAS
3) By Process: Signal Recognition, Image Recognition, Data Mining
4) By Technology: Deep Learning, Machine Learning, Context Awareness, Computer Vision, Natural Language Processing
5) By Application: Semi-Automatic, Human Machine Interface, Autonomous Driving

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