General Motors Company (US), Toyota Motor Corporation (Japan), BMW AG (Germany), Audi AG (Germany), Ford Motor Company (US), Volvo Car Corporation (Sweden), Tesla Inc. (US), Qualcomm Inc. (US), Hyundai Motor Corporation (South Korea), and Uber Technologies Inc. (US) are the key players in the Global Automotive artificial intelligence market.

Industry Updates

June 2019 - Volvo, a Swedish multinational manufacturing company and Nvidia, an American technology company, have entered into a partnership to collaborate on AI technology for self-driving vehicles. By incorporation of AI to its trucks, Volvo aims to disrupt the public and freight transport industry.

Segmentation

The Global Automotive artificial intelligence market has been segmented based on technology, process, application.

By process, the Global Automotive artificial intelligence market has been segmented into image recognition, signal recognition, and data mining.

By application, the Global Automotive artificial intelligence market has been segmented into semi-autonomous driving, human-machine interface, and autonomous driving.

Regional Analysis

Region-wise, the [FURL=https://www.marketresearchfuture.com/reports/Global Automotive-artificial-intelligence-market-4258]Global Automotive artificial intelligence market[/FURL] has been segmented into North America, Latin America, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC).

North America is likely to dominate the global Global Automotive artificial intelligence market. The clustering of major market leaders in the region is a key factor driving the growth of the North America market. The US has been a frontrunner in the adoption of autonomous vehicles which provides lucrative growth opportunities to the Global Automotive artificial intelligence market. Moreover, various technology, as well as Global Automotive giants, are forming partnerships to fuel the development of Global Automotive artificial intelligence, which will boost the market growth over the forecast period.

Europe too is a prominent revenue generator in the Global Automotive artificial intelligence market. The Global Automotive manufacturers present in the region are actively engaged in the incorporation of advanced technologies in the Global Automotive sector. Substantial investment in AI along with a growing preference for autonomous vehicles, has fostered the market growth. The UK is a key contributor to the Europe market.

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