Automotive AI (Artificial Intelligence) Market in Vehicle...

Automotive AI (Artificial Intelligence) Market in Vehicle Maintenance: Predictive Maintenance and Self-Diagnosis 2028

Сообщение 2023-04-07 12:54:12

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The automotive AI (Artificial Intelligence) Market industry is rapidly adopting artificial intelligence (AI) technologies to improve vehicle safety, performance, and user experience. The automotive AI market is projected to grow significantly in the coming years as automakers and tech companies continue to invest in this space.

AI is also being used to enhance the in-car user experience. Natural language processing (NLP) technologies enable drivers to interact with their vehicles using voice commands, while predictive analytics algorithms can anticipate a driver's needs and adjust settings accordingly. In addition, AI-powered infotainment systems can provide personalized entertainment options, traffic information, and other useful features.

Overall, the automotive AI market is poised for significant growth in the coming years as automakers and tech companies continue to innovate and invest in this space. The development of autonomous vehicles and advanced driver assistance systems is expected to drive demand for AI technologies in the automotive industry, while new applications in the areas of in-car user experience and vehicle maintenance are also likely to emerge.

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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in R&D activities are expected to boost market growth during the forecast period.

Competitive Landscape:

Competitive landscape of global Keyword market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.

some leading companies operating in the global Keyword market:

NVIDIA Corporation (US), Alphabet Inc. (US), Intel Corporation (US), IBM Corporation (US), Microsoft Corporation (US), Harman International Industries Inc. (US), Xilinx Inc. (US), Qualcomm Inc. (US), Tesla Inc. (US), Volvo Car Corporation (Sweden) and others.

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The global market is further segmented into type and application:

Automotive AI by Technology (Revenue, USD Million; 2018–2028)

Machine and Deep Learning
Computer Vision
Natural Language Processing

Automotive AI by Function (Revenue, USD Million; 2018–2028)

Digital/ Mobility Services
Manufacturing Operations
Procurement
R&D and Engineering
Customer Experience
Supply Chain

Automotive AI by Process (Revenue, USD Million; 2018–2028)

Signal Recognition
Image Recognition
Data Mining

Automotive AI by Component (Revenue, USD Million; 2018–2028)

Hardware
Software

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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