Automotive Artificial Intelligence Market Size Is Anticipated To Reach USD 14.23 Billion By 2030
San Francisco, 1 Feb 2023: The Report Automotive Artificial Intelligence Market Size, Share & Trends Analysis Report By Component, By Level Of Autonomy (Level 1, Level 2, Level 3, Level 4), By Technology, By Vehicle Type, By Region, And Segment Forecasts, 2022 - 2030 The global automotive artificial intelligence market size is expected to reach USD 14.23 billion by 2030, advancing at 21.6% CAGR, according to a new report by Grand View Research, Inc. Artificial Intelligence (AI) in the automotive industry is driven by factors such as government initiatives to incorporate autonomous driving and the growing demand for autonomous vehicles. Furthermore, the automotive industry's expansion is likely to drive the artificial intelligence market’s growth. The automotive sector has benefitted from artificial intelligence and is one of the primary industries that use AI to augment and replicate human action. The advent of standards such as Advanced Driver Assistance Systems (ADAS), b