11/11/2020
The market for artificial intelligence in the automotive industry will go from $1 billion today to $12 billion by 2026, according to a report from the prognosticators at Global Market Insights Inc. The increase is due to the push for more assistive and autonomous features for improved driving comfort and safety, as well as realizing the goal of self-driving cars and trucks. AI-powered features are already being developed, tested, and offered on consumer vehicles. These include lane assistance, adaptive cruise control, and automated parking.
The drive for autonomous vehicles is feeding the demand for more AI.