Automated future: AI in the automotive industry is revolutionizing the vehicle market

Most passenger vehicles today incorporate driver assistance technology, which relies on artificial intelligence (AI) to detect if a driver is sleepy or fatigued by monitoring their eyes. AI systems also learn a driver's behavioral pattern, including preferred temperature settings, songs, and destinations, to make the commuting experience convenient and comfortable. Almost all major automotive companies are working with software providers to create an ideal interior atmosphere for the driver, leading to an engaging and individualized user experience. It is little wonder, then, that the automotive artificial intelligence market is expected to grow at a CAGR of 24.1 percent between 2022 and 2027. MarketsandMarkets values the automotive artificial intelligence market at USD 2.3 billion in 2022, and projects it to reach USD 7.0 billion by 2027, based on the growing adoption of ADAS technology by OEMs and the rising demand for enhanced user experience and convenience features.