Automotive Artificial Intelligence Market
                      
 
 
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Competitive Landscape 
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 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 automotive artificial intelligence market has been segmented based on technology, process, 
application.  
By technology, the automotive artificial intelligence market has been segmented into machine learning, 
deep learning, computer vision, context awareness, and natural language processing.  
By process, the automotive artificial intelligence market has been segmented into image recognition, 
signal recognition, and data mining.  
By application, the automotive artificial intelligence market has been segmented into semi-autonomous 
driving, human-machine interface, and autonomous driving.  
Regional Analysis 
Region-wise, the automotive artificial intelligence market 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 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 automotive artificial intelligence market. Moreover, various technology, as well as 
automotive giants, are forming partnerships to fuel the development of automotive artificial intelligence, 
which will boost the market growth over the forecast period.  
 
Europe too is a prominent revenue generator in the automotive artificial intelligence market. The 
automotive manufacturers present in the region are actively engaged in the incorporation of advanced 
technologies in the 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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