Automotive Artificial Intelligence (AI) Market Size, Share, Growth Analysis, By Technology(cameras, RADAR, GPS, LiDAR), By End user(Autonomous Driving, Semi-Autonomous Driving, Human–Machine Interface), By Region - Industry Forecast 2024-2031

Automotive Artificial Intelligence (AI) Market Drivers

Rapid Adoption of Advanced Technology is Influencing Demand for Automotive Artificial Intelligence

• Market rewards improve as buyers become more proactively knowledgeable about free progressions. Interest in self-driving cars will continue to flood aggressively throughout this period, as buyers rapidly advanced driver assistance by reducing vehicle weight and ensuring road abundance. Automaker are taking note of these examples and taking them to next level to offer innovative driver assistance solutions. Another variable contributing to the market share of artificial intelligence in cars is increasing revenues on driver comfort and creating headroom for adaptability.

Automotive Artificial Intelligence (AI) Market Restraints

Safety Concerns to Hinder Market Growth

• Independent vehicles protected and made the customer presence more lucrative. Still, there are certain dangers considered by the authors in relation to safety and security issues, such as personal data protection, digital attacks, driver interruptions etc. For example, about 1.4 million Fiat Chryslers in the United States are a bug in the board PC allowed programmers to weaken the vehicle's functionality, so it was inspected. Basically, White Cap programmers managed to embed malware into the structure of Tesla cars. These examples of customer security breaches are some of the serious limitations in market development.