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Global Automotive Artificial Intelligence Market 2018-2022 | ADAS Segment Dominates the Global Market | Technavio

August 24, 2018 GMT

LONDON--(BUSINESS WIRE)--Aug 24, 2018--According to the latest market research report released by Technavio, the global automotive artificial intelligence market is expected to accelerate at a CAGR of over 37% during the forecast period. The rising penetration of ADAS is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global automotive artificial intelligence market from 2018-2022. (Graphic: Business Wire)

This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global automotive artificial intelligence market into the following applications:

In 2017, the ADAS segment accounted for 70% of the global market and is projected to reach 73% by 2022, exhibiting almost 3% increase in market share.

Global automotive artificial intelligence market: Top emerging trend

Development of autonomous fleet of cab and parcel delivery services is an emerging trend in the automotive artificial intelligence space. Cab and parcel delivery services extensively use vehicles, which allows vehicle makers to generate significant amounts of data regarding various drive patterns, traffic patterns, road conditions, etc. Autonomous vehicles need to undergo multitudes of real-life scenarios to test their integrity and safety. Autonomous vehicles launched as cabs and parcel delivery services provide the learning foundation by putting the vehicle through all possible types of driving conditions.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Insights

Market Segmentation Analysis

Vendor Landscape

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180824005054/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200




SOURCE: Technavio Research

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PUB: 08/24/2018 07:23 AM/DISC: 08/24/2018 07:23 AM