New analysis from global industry analysts reveals steady growth for automotive artificial intelligence, with the market set to reach $12.9 billion globally by 2026

SAN FRANCISCOJune 27, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Automotive Artificial Intelligence – Global Market Pathway & Analytics”† The report presents new perspectives on opportunities and challenges in a significantly transformed post-COVID-19 market.

New analysis from global industry analysts reveals steady growth for automotive artificial intelligence, with the market set to reach $12.9 billion globally by 2026

New analysis from global industry analysts reveals steady growth for automotive artificial intelligence, with the market set to reach $12.9 billion globally by 2026

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Edition: 4; Issued: January 2022
Executive pool: 666
Businesses: 42 – The players include AImotive; Alphabet Inc.; Audi AG; Bavarian Motors Werke AG; Daimler AG; Didi Chuxing;; Ford Motor Company; General Motors company; Harman International Industries, Inc. and others.
Coverage: All major geographies and key segments
Segments: Component (Software, Hardware); Technology (Deep Learning, Machine Learning, Context Awareness, Computer Vision, Natural Language Processing); Application (human-machine interface, semi-autonomous driving, autonomous driving)
Geographies: World; United StatesCanadaJapanChinaEuropeFranceGermanyItalyUnited Kingdom† and the rest of EuropeAsia-Pacific† Rest of the world.

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Reaching Global Automotive Artificial Intelligence Market $12.9 billion by 2026
Amid the COVID-19 crisis, the global Automotive Artificial Intelligence market is estimated to be: 2 billion dollarsis expected to reach a revised size of US$12.9 billion by 2026, growing at a CAGR of 35.9% over the analysis period. Software, one of the segments analyzed in the report, is expected to achieve and achieve a CAGR of 37.1% US$11.8 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis caused, growth in the hardware segment is adjusted to a revised CAGR of 33.6% for the next 7 years.

The US market is estimated at: $866.1 million in 2021, while China is expected to reach $2.2 billion by 2026
The Automotive Artificial Intelligence market in the US is estimated to be: US$866.1 million in 2021. Chinathe world’s second largest economy, is expected to have a projected market size of US$2.2 billion by the year 2026 at a CAGR of 34.7% over the analysis period. Among the other notable geographic markets are: Japan and Canada, each of which will grow by 32.4% and 30.8% respectively over the analysis period. Inside EuropeGermany is expected to grow at approximately 25.2% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., ( is a renowned market research publisher, the world’s only influencer-driven market research firm. GIA proudly serves over 42,000 customers from 36 countries and has been recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communication
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
E-mail: [email protected]

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SOURCE Global Industry Analysts, Inc.

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