Artificial Intelligence in Transportation Market valued approximately USD 1.2 billion in 2017 is anticipated to grow with a healthy growth rate of more than 18% over the forecast period 2018-2025. The growth of the Artificial Intelligence in Transportation market is majorly driven by the development of autonomous vehicles and increasing focus towards reducing the operating cost of transportation. Major developments in Market are related to software. Companies such as IBM ... Read more
According to the new market research report "Artificial Intelligence in Transportation Market by Machine Learning (Deep Learning, Computer Vision, Context Awareness, NLP), Application (Semi & Full-Autonomous, HMI, Platooning), Offering (Hardware, Software), Process, and Region - Global Forecast to 2030", published by MarketsandMarkets™, The ... Read more
The artificial intelligence in transportation market is projected to grow at a CAGR of 17.87% during the forecast period from 2017 to 2030, and the market size is expected to grow from USD 1.21 billion in 2017 to USD 10.30 billion by 2030. The development of autonomous vehicles and industry-wide standards to implement safety features such as the adaptive cruise control (ACC), collision warning, lane-keep assist, and advanced driver assistance systems (ADAS) would trigger the ... Read more
MarketsandMarkets’ research report, Artificial Intelligence in Transportation Market is projected to grow at a CAGR of 17.87% during the forecast period from 2017 to 2030, and the market size is expected to grow from USD 1.21 billion in 2017 to USD 10.30 billion by 2030. The development of autonomous vehicles and industry-wide standards to implement ... Read more
The transportation industry is currently going through a major phase of evolution with the introduction of autonomous trucks application. Autonomous trucks are self-driven vehicles that are capable of sensing the environment and navigate to the destination without any human intervention. Also, these vehicles can be operated through voice commands.
According to the market research report Artificial Intelligence in Transportation Market by Machine Learning (Deep Learning, Computer Vision, Context Awareness, NLP), Application (Semi & Full-Autonomous, HMI, Platooning), Offering (Hardware, Software), Process, and Region - Global Forecast to 2030",The artificial intelligence in transportation ... Read more
Artificial Intelligence in Transportation Marketis expected to reach USD 6.6 Billion by 2026 from 1.2 Billion in 2016 at a CAGR 20.3%. Enhanced systems are used in the transportation sector to provide real-time data along with providing more support to avoid unwanted accidents thereby boosting overall demand for artificial intelligence in ... Read more
