Global Automotive Artificial Intelligence Market Outlook 2017-2023 - The Big Three are Ford Motor Company, General Motors, and Fiato Chrysler Automotive - Research and Markets

DUBLIN--(BUSINESS WIRE)--The "Automotive Artificial Intelligence - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering. The Global Automotive Artificial Intelligence Market accounted for $563.58 million in 2016 and is expected to reach $5,265.81 million by 2023 growing at a CAGR of 37.6% during the forecast period. The automotive industry has seen the promise of artificial intelligence (AI) technology, and is among the industries at the forefront of using AI to augment human actions and to mimic the actions of humans. The arrival of standards such as the adaptive cruise control (ACC), blind spot alert, and advanced driver assistance systems (ADAS) and rising demand for convenience and safety presents an opportunity for OEMs to build up novel and innovative artificial intelligence systems that would attract customers. Although 2016 was spoiled by some technological failures in self-driving cars, the year als-observed a couple of successful test runs in the US.