Artificial Intelligence
Automotive Artificial Intelligence Market Worth $15.9 Billion by 2027, Growing at a CAGR of 39.8% from 2019- Global Market Opportunity Analysis and Industry Forecasts by Meticulous Research®
London, June 15, 2020 (GLOBE NEWSWIRE) — The automotive artificial intelligence market is expected to grow at a CAGR of 39.8% from 2019 to reach $15.9 billion by 2027.Several established automotive organizations across the globe are increasingly struggling with the rising cost of operations, dissatisfied customers, declining sales, and unidentified competition. Advanced capabilities of AI, coupled with rising consumer expectations, have pushed the automotive industry into adopting artificial intelligence. Several organizations are investing heavily in order to reap the profits in highly dynamic and competitive market environments. The global artificial intelligence in automotive market is expected to witness strong growth over the coming years due to the growing demand for autonomous vehicles, adoption of advanced automotive solutions, growing adoption of artificial intelligence for traffic management, and government initiatives and investments towards connected and autonomous vehicles.Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4996