Automotive industry has reshaped the way transportation is done. No, the times arechanging and so does the mode of transportation. Currently, driverless cars anddrones are the hottest topic of discussion among car fanatics. To optimizemobility options, the automotive artificial intelligence companies are cominginto action.
With the help of new and improved softwares, the automotive artificial intelligencecompanies are improving the performance of automated driving softwares. Thissegment started operating in Europe. It has become a popular segment acrossNorth American market also. But it is still in its nascent stage in Asianmarket.
Automotive AI industry’s marketvalue
VerifiedMarket Research analysts conducted an extensive research of automotiveartificial intelligence companies’ market. They concluded that it was valuedat USD2082.38 million in 2020. Study of market indicators revealed that it will reach USD 17402.00 million by2027.
Youcan read complete details in Global Automotive Artificial Intelligence Companies’ MarketReport.Its global market is visibly growing at a CAGR of 38.68% from 2021to 2027.
Top 10 automotive artificialintelligence companies shaping future
Waymo
Waymo is an American multinational that started operating in2009. It works under the parent organization Alphabet Inc. It is the prominentmember of the automotive artificial intelligence companies’ market. It isreimagining the future with driverless cars around the glove. It continues toimprove its project by working on different simulations. From transportation ofgoods to people, everything is being planned by this advance company.
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IBM
IBM is an established brand in the global software industry. Withmany years of experience and expertise, IBM has branched into many markets.Currently, it is steering the market of automotive artificial intelligencecompanies. Its eco-friendly initiatives are also trending at internationallevel. It has been acting as the pillar for human civilization since itsinception in 1911.
Intel Corporation
Intel Corporation has become a famousenterprise. All thanks to its chip-making technology. Now, the company offersdata centers, IoT and even smart driving solutions. Intel is on a mission toimprove the productivity and security of businesses operating in the virtualworld. Since 1968, this American company has been challenging the status quo ofdifferent industries to bring out better solutions. Intel’s flexible,customizable, and scalable solutions are escalating the market of automotiveartificial intelligence companies across the globe.
Microsoft
Microsoft is a household name due to its wide range of products. FromOperating Systems to tablets, Microsoft has entered into every segment that isrelated to IT industry. It was founded in 1975. It is the brainchild of BillGates and Paul Allen. Microsoft is the flagship company in the market ofautomotive artificial intelligence companies. It studies the issues faced by itsusers and then brings out the industry-leading innovative solutions.
Nvidia
Nvidia started its humble beginnings with GPUs. Now, it hasbecome a American multinational technology company. Its rapid expansion in ITindustry can be attributed to its flexible nature. Its fast adaptability hashelped it in gathering a spot among the automotive artificial intelligencecompanies. It is known for taking bold decisions to disrupt the future ofautomotive industry.
Xilinx
Xilinx has been delivering the most dynamic solutions atinternational level. Its ultra-compact edge solutions are considered to beindustry-firsts. Its breakthrough inventions have helped in solving manycomplex problems. It’s at the forefront of automotive AI industry.
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Micron Technology Inc.
Micron Technology Inc. started off as a computerstorage provider. Now, it has benched across different trending softwaresubsegments. It is working on improving the functional safety of the automotiveindustry.
Tesla Inc.
Tesla Inc. is the topic of discussion all over the world. From itsCEO to its electric cars, all are making headlines due to their massive successin record time. It is one of the youngest members of the automotive industry.Tesla is diffusing the automotive industry with the software industry to bringout the best of both worlds.
Ford Motor Company
Ford Motor Company is the oldestautomotive company that has kept on improving its portfolio with changingtimes. It is known for meeting all types of demands of its global customers.Presently, it is working on improving the mobility solutions using its 100+years of experience.
General Motors
General Motors is another big name in the automotivesector. It’s revolutionary ideas have shaped the automotive industry, how itlooks like today. Its futuristic vision has helped humankind in getting faster,better and safer mobility solutions.
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