The Worldwide Automotive Artificial Intelligence Industry is Predicted to Reach $34.3 Billion by 2030 - Rising Demand for Enhanced User Experience and Convenience Features Drives Growth


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Company LogoDublin, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The "Automotive Artificial Intelligence Market by Component, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering. The gaining popularity of autonomous vehicle globally, due to its safety and comfort features, along with a shift towards alternative fuel has propelled the growth of automotive artificial intelligence market. Also, artificial intelligence reduces the need of a driver in an autonomous vehicle, which eliminates driver wages and drastically minimizes the operational cost. These advantages, along with investments made by major market players are expected to further accelerate the automotive artificial intelligence market. The market share of the players in the global automobile artificial intelligence market along with their competitive analysis.