{"id":613,"date":"2023-03-23T21:05:02","date_gmt":"2023-03-23T21:05:02","guid":{"rendered":"https:\/\/www.driverra.com\/?p=613"},"modified":"2023-04-15T01:06:38","modified_gmt":"2023-04-15T01:06:38","slug":"automotive-ai-statistics","status":"publish","type":"post","link":"https:\/\/www.driverra.com\/automotive-ai-statistics\/","title":{"rendered":"Automotive AI Statistics"},"content":{"rendered":"
Automotive AI Statistics 2023<\/h2>\n
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Automotive AI industry grew from $16.7 billion in 2022 and should reach around $62.7 billion by 2023<\/li>\n
The global automotive AI market size was valued at $12.70 billion in 2020 and is expected to reach $62.79 billion in 2023, with a CAGR of 33.2%.<\/li>\n
The increased prevalence of AI in the automotive industry is driven by the rising demand for autonomous vehicles, safety concerns and the advancements of AI technologies.<\/li>\n
AI is being used in the automotive industry in ADAS (Advanced Driver Assistance systems) to reduce the risk of accidents, improve fuel efficiency and help navigate congested roads.<\/li>\n
AI can potentially revolutionize the way we get around, by reducing vehicle collisions, speeding up response times for emergency situations and optimizing fuel efficiency.<\/li>\n
By 2024, the number of vehicles on the road featuring AI-powered technology is estimated to quadruple<\/li>\n
Vehicle AI is growing at a CAGR of 33.2% during the forecast period 2020-2023<\/li>\n<\/ul>\n
With the advances of Artificial Intelligence, the automotive industry is poised to revolutionize the way we drive, ride and travel in the coming decade. By 2023, the number of vehicles on the road featuring AI-powered technology is estimated to quadruple. From autonomous driving to predictive maintenance, Artificial Intelligence is set to bring a new level of safety, convenience, and efficiency to the automotive industry. In this article, we explore the top AI-driven automotive stats for 2023, providing insight into the potential of this groundbreaking technology.<\/p>\n