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Automotive Artificial Intelligence (AI) Market Report: Trends, Insights, and Forecast for 2030
Automotive Artificial Intelligence (AI) Market Report: Trends, Insights, and Forecast for 2030
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According to the study by Next Move Strategy Consulting, the global Automotive Artificial Intelligence (AI) Market is predicted to reach USD 25.78 billion with a CAGR of 29.2% by 2030.
Automotive AI encompasses a wide range of applications, including autonomous driving, advanced driver assistance systems (ADAS), predictive maintenance, natural language processing for in-car voice recognition, and improving the overall efficiency and safety of vehicles.
Government regulations and safety standards are key drivers of the automotive AI market growth. Around the world, regulatory bodies are placing a strong emphasis on vehicle safety and reducing emissions.
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