Portland, OR -- (SBWire) -- 06/13/2018 --Research Beam has added a report, titled, "Automotive Artificial Intelligence Industry - Global Opportunity Analysis and Industry Forecast, 2017–2024." According to the report, the global automotive artificial intelligence industry is expected to register a considerable CAGR from 2017 to 2024. The report offers a comprehensive analysis of drivers & restraints, key segments, market players, and Porter's Five Forces. This analysis is helpful for leading players, new entrants, investors, and stakeholders to gain insights on various opportunities and adopt different strategies to acquire major market share across the world.
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The research offers an executive summary in which CXO perspective about the market is provided along with key benefits for stakeholders. Research methodology adopted in the report is outlined. An overview of the global automotive artificial intelligence market is offered based on market definition and scope. Key findings of the report are outlined based on top investment pockets, top impacting factors, and top winning strategies based on year, development, and companies for the period, 2016–2018. Porter's Five Forces Analysis is provided based on bargaining power of suppliers & buyers, threat of new entrants, threat of substitutes, and competitive rivalry to determine competitive intensity. Moreover, market share for 2017 is provided in the study to offer insights on the competitive scenario.
The dynamics of the global automotive artificial intelligence market is offered based on drivers, restraints, and opportunities. Driving factors outlined in the report are increase in demand for enhanced user experience and convenience features and rise in demand for autonomous vehicles. However, rise in security and privacy issues limit growth in the industry. On the other hand, increase in demand for premium vehicle segment present new opportunities in the industry.
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The report provides a detailed analysis of key segments of the global automotive artificial intelligence industry based on component, technology, application, and geography. Based on component, the market is classified into hardware, software, and service. Based on technology, the report segmented the market into machine learning & deep learning, computer vision, and natural language processing. Application segment is further classified into semi-autonomous and autonomous. Geographically, the market is further classified into North America, Europe, Asia-Pacific, and LAMEA. These insights help market players in identifying dominating segments and growing economies to capitalize on them to gain advantage in the competitive market.
The research analyzes major market players active in the global automotive artificial intelligence industry. Insights on company overview, operating business segments, business strategies, product portfolio, and key strategic moves & developments are offered for each market player. Major players analyzed in the research are NVIDIA Corporation, Intel Corporation, Waymo, Microsoft Corporation, IBM Corporation, Otto Motors, Micron Technology, Tesla Inc., BMW, and Toyota. These insights are helpful to gain insights on competitive intensity and determine steps to be taken to gain strong position in the market. Tables and figures offer detailed insights on various parameters to help market players, investors, and new entrants understand market scenario thoroughly.
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Global Automotive Artificial Intelligence Industry Is Expected to Grow at a Significant CAGR from 2017 to 2024