Japan Automotive AI Market by Component (Hardware, Software, and Services), by Technology (Machine Learning & Deep Learning, Computer Vision, and Natural Language Processing), and by Application (Semi-Autonomous and Fully Autonomous) - Opportunity Analysis and Industry Forecast, 2024–2030

Japan Automotive AI Market

Industry:  Automotive & Transportation | Publish Date: Apr 2024 | No of Pages:  101 | No. Tables:  71 | No. Figures:  36

Market Definition

The Japan Automotive AI Market size was valued at USD 291.7 million in 2023, and is predicted to reach USD 1972.8 million by 2030, at a CAGR of 31.4% from 2024 to 2030. Automotive Artificial Intelligence, or Automotive AI, refers to the application of machine learning and artificial intelligence technologies in the design, development, and operation of vehicles and related systems within the automotive industry. Automotive AI consists a wide range of applications, including autonomous driving, advanced driver assistance systems (ADAS), predictive maintenance, natural language processing for in-car voice recognition, and improving the overall efficiency and safety of vehicles. This technology enables vehicles to perceive their surroundings, make decisions, and interact with drivers and passengers. This further enhances the driving experience, safety, and efficiency of automotive systems.

Increasing Demand for the Electric Vehicles is Driving the Growth of the Market

The surging demand for electric vehicles (EVs) is significantly driving the automotive landscape. Also, the integration of artificial intelligence (AI) is playing a pivotal role in optimizing various sides of electric vehicle technology. AI is at the forefront of battery management, where advanced algorithms monitor and predict battery health, ensuring longevity and reliability. Additionally, machine learning is harnessed to enhance the energy efficiency of EVs, optimizing power usage and improving range prediction accuracy. The optimization of charging infrastructure, personalized user experiences through natural language processing and voice recognition, and the implementation of predictive maintenance contribute to a seamless and efficient electric vehicle ownership experience. As the automotive industry continues to transition towards sustainability, the synergy between AI and electric vehicles is driving innovations that not only meet environmental goals but also elevate the overall performance and user satisfaction within the electric vehicle market.

 

Growing Integration of IoT in Automotive Industry is Boosting the Market Expansion

The seamless integration of the Internet of Things (IoT) into vehicles stands as a pivotal factor propelling the adoption of artificial intelligence (AI) in the automotive sector. In the contemporary automotive landscape, vehicles are equipped with an array of sensors and connected devices, generating vast streams of real-time data on performance, environmental conditions, and user interactions. The IoT facilitates the interconnectedness of these devices, enabling them to share and communicate data efficiently. Leveraging AI, these connected vehicles can process and analyze the copious amounts of data, offering transformative benefits such as predictive maintenance, advanced driver assistance systems (ADAS), personalized in-car experiences, and optimized traffic management.

 

Data Privacy and High Cost Associated with Automotive AI Restrains the Market Growth

The expansion of the automotive AI market is facing impediments due to shared challenges, encompassing data privacy concerns and elevated costs. Consumers are expressing apprehension regarding the collection, utilization, and protection of their personal data by AI systems in vehicles, leading to increased demands for rigorous data privacy measures. Furthermore, the substantial expenses associated with the development and integration of AI in vehicles can contribute to elevated vehicle prices, potentially restricting market adoption, particularly among cost-conscious consumers. Achieving a delicate balance between addressing data privacy apprehensions and managing costs is imperative for fostering widespread acceptance and facilitating the growth of automotive AI technologies.

The Rising Prevalence of Advanced Driver Assistance Systems (ADAS) Create Opportunities for the Market

Advanced Driver Assistance Systems (ADAS) represent a pivotal aspect of automotive safety and convenience, employing sensors and cameras to enhance driving experiences. The integration of artificial intelligence (AI) into ADAS plays a crucial role in transforming these systems into intelligent, responsive mechanisms. AI algorithms, powered by machine learning, analyze real-time data from sensors, enabling features such as adaptive cruise control, lane-keeping assistance, and automatic emergency braking. The future opportunity in this domain lies in the continuous refinement of ADAS functionalities through advancements in AI, promising improved accuracy, responsiveness, and a broader range of capabilities. As the automotive industry continues its pursuit of safer and more efficient driving, the integration of AI into ADAS stands at the forefront, paving the way for the development of increasingly sophisticated and reliable driver assistance technologies. The growing demand for enhanced safety features and regulatory emphasis on advanced technologies in vehicles underscore the immense potential for the automotive AI market within the ADAS segment.

 

Competitive Landscape

The market players operating in the Japan automotive AI market include NVIDIA Corporation, Alphabet, Inc., Intel Corporation, Microsoft Corporation, IBM Corporation, Qualcomm, Inc., Tesla, Inc., BMW AG, Micron Technology, Xilinx, Inc.

Japan Automotive AI Market Key Segments

By Component

  • Hardware

  • Software

  • Services

By Technology

  • Machine Learning & Deep Learning

  • Computer Vision

  • Natural Language Processing

By Application

  • Semi-Autonomous

  • Fully Autonomous

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 291.7 Million

Revenue Forecast in 2030

USD 1972.8 Million

Growth Rate

CAGR of 31.4% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Increasing demand for the electric vehicles.

  • Growing Integration of IoT in Automotive Industry.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      JAPAN AUTOMOTIVE AI MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6       JAPAN AUTOMOTIVE AI MARKET BY COMPONENT

           6.1      OVERVIEW

           6.2      HARDWARE MARKET

           6.3      SOFTWARE MARKET

           6.4      SERVICES MARKET

7       JAPAN AUTOMOTIVE AI MARKET BY TECHNOLOGY

           7.1      OVERVIEW

           7.2      MACHINE LEARNING AND DEEP LEARNING MARKET

           7.3      COMPUTER VISION MARKET

           7.4      NATURAL  LANGUAGE PROCESSING MARKET

8       JAPAN AUTOMOTIVE AI MARKET BY APPLICATION

           8.1      OVERVIEW

           8.2      SEMI-AUTONOMOUS MARKET

           8.3      FULLY AUTONOMOUS MARKET

9     COMPANY PROFILES

           9.1     NVIDIA CORPORATION

                         9.1.1     COMPANY OVERVIEW

                         9.1.2     COMPANY SNAPSHOT

                         9.1.3     OPERATING BUSINESS SEGMENTS

                         9.1.4     PRODUCT PORTFOLIO

                         9.1.5     BUSINESS PERFORMANCE

                         9.1.6     BUSINESS SEGMENTS

                         9.1.7     GEOGRAPHIC SEGMENTS

                         9.1.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.1.9     PRIMARY MARKET COMPETITORS

           9.2     ALPHABET, INC.

                         9.2.1     COMPANY OVERVIEW

                         9.2.2     COMPANY SNAPSHOT

                         9.2.3     OPERATING BUSINESS SEGMENTS

                         9.2.4     PRODUCT PORTFOLIO

                         9.2.5     BUSINESS PERFORMANCE

                         9.2.6     BUSINESS SEGMENTS

                         9.2.7     GEOGRAPHIC SEGMENTS

                         9.2.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.2.9     PRIMARY MARKET COMPETITORS

           9.3     INTEL CORPORATION

                         9.3.1     COMPANY OVERVIEW

                         9.3.2     COMPANY SNAPSHOT

                         9.3.3     OPERATING BUSINESS SEGMENTS

                         9.3.4     PRODUCT PORTFOLIO

                         9.3.5     BUSINESS PERFORMANCE

                         9.3.6     BUSINESS SEGMENTS

                         9.3.7     GEOGRAPHIC SEGMENTS

                         9.3.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.3.9     PRIMARY MARKET COMPETITORS

           9.4     MICROSOFT CORPORATION

                         9.4.1     COMPANY OVERVIEW

                         9.4.2     COMPANY SNAPSHOT

                         9.4.3     OPERATING BUSINESS SEGMENTS

                         9.4.4     PRODUCT PORTFOLIO

                         9.4.5     BUSINESS PERFORMANCE

                         9.4.6     BUSINESS SEGMENTS

                         9.4.7     GEOGRAPHIC SEGMENTS

                         9.4.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.4.9     PRIMARY MARKET COMPETITORS

           9.5     IBM CORPORATION

                         9.5.1     COMPANY OVERVIEW

                         9.5.2     COMPANY SNAPSHOT

                         9.5.3     OPERATING BUSINESS SEGMENTS

                         9.5.4     PRODUCT PORTFOLIO

                         9.5.5     BUSINESS PERFORMANCE

                         9.5.6     BUSINESS SEGMENTS

                         9.5.7     GEOGRAPHIC SEGMENTS

                         9.5.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.5.9     PRIMARY MARKET COMPETITORS

           9.6     QUALCOMM, INC.

                         9.6.1     COMPANY OVERVIEW

                         9.6.2     COMPANY SNAPSHOT

                         9.6.3     OPERATING BUSINESS SEGMENTS

                         9.6.4     PRODUCT PORTFOLIO

                         9.6.5     BUSINESS PERFORMANCE

                         9.6.6     BUSINESS SEGMENTS

                         9.6.7     GEOGRAPHIC SEGMENTS

                         9.6.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.6.9     PRIMARY MARKET COMPETITORS

           9.7     TESLA, INC.

                         9.7.1     COMPANY OVERVIEW

                         9.7.2     COMPANY SNAPSHOT

                         9.7.3     OPERATING BUSINESS SEGMENTS

                         9.7.4     PRODUCT PORTFOLIO

                         9.7.5     BUSINESS PERFORMANCE

                         9.7.6     BUSINESS SEGMENTS

                         9.7.7     GEOGRAPHIC SEGMENTS

                         9.7.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.7.9     PRIMARY MARKET COMPETITORS

           9.8     BMW AG

                         9.8.1     COMPANY OVERVIEW

                         9.8.2     COMPANY SNAPSHOT

                         9.8.3     OPERATING BUSINESS SEGMENTS

                         9.8.4     PRODUCT PORTFOLIO

                         9.8.5     BUSINESS PERFORMANCE

                         9.8.6     BUSINESS SEGMENTS

                         9.8.7     GEOGRAPHIC SEGMENTS

                         9.8.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.8.9     PRIMARY MARKET COMPETITORS

           9.9     MICRON TECHNOLOGY

                         9.9.1     COMPANY OVERVIEW

                         9.9.2     COMPANY SNAPSHOT

                         9.9.3     OPERATING BUSINESS SEGMENTS

                         9.9.4     PRODUCT PORTFOLIO

                         9.9.5     BUSINESS PERFORMANCE

                         9.9.6     BUSINESS SEGMENTS

                         9.9.7     GEOGRAPHIC SEGMENTS

                         9.9.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.9.9     PRIMARY MARKET COMPETITORS

           9.10     XILINX, INC.

                         9.10.1     COMPANY OVERVIEW

                         9.10.2     COMPANY SNAPSHOT

                         9.10.3     OPERATING BUSINESS SEGMENTS

                         9.10.4     PRODUCT PORTFOLIO

                         9.10.5     BUSINESS PERFORMANCE

                         9.10.6     BUSINESS SEGMENTS

                         9.10.7     GEOGRAPHIC SEGMENTS

                         9.10.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.10.9     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. JAPAN AUTOMOTIVE AI MARKET VALUE, BY COMPONENT, 2023-2030, (MILLION USD)

TABLE 2. HARDWARE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 3. SOFTWARE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. SERVICES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 5. JAPAN AUTOMOTIVE AI MARKET VALUE, BY TECHNOLOGY, 2023-2030, (MILLION USD)

TABLE 6. MACHINE LEARNING AND DEEP LEARNING, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 7. COMPUTER VISION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. NATURAL  LANGUAGE PROCESSING, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 9. JAPAN AUTOMOTIVE AI MARKET VALUE, BY APPLICATION, 2023-2030, (MILLION USD)

TABLE 10. SEMI-AUTONOMOUS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 11. FULLY AUTONOMOUS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 12. NVIDIA CORPORATION: COMPANY SNAPSHOT

TABLE 13. NVIDIA CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 14. NVIDIA CORPORATION: PRODUCT PORTFOLIO

TABLE 15. NVIDIA CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 16. NVIDIA CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 17. NVIDIA CORPORATION: KEY STRATERGY

TABLE 18. ALPHABET, INC.: COMPANY SNAPSHOT

TABLE 19. ALPHABET, INC.: OPERATING BUSINESS SEGMENTS

TABLE 20. ALPHABET, INC.: PRODUCT PORTFOLIO

TABLE 21. ALPHABET, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 22. ALPHABET, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 23. ALPHABET, INC.: KEY STRATERGY

TABLE 24. INTEL CORPORATION: COMPANY SNAPSHOT

TABLE 25. INTEL CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 26. INTEL CORPORATION: PRODUCT PORTFOLIO

TABLE 27. INTEL CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 28. INTEL CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 29. INTEL CORPORATION: KEY STRATERGY

TABLE 30. MICROSOFT CORPORATION: COMPANY SNAPSHOT

TABLE 31. MICROSOFT CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 32. MICROSOFT CORPORATION: PRODUCT PORTFOLIO

TABLE 33. MICROSOFT CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 34. MICROSOFT CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 35. MICROSOFT CORPORATION: KEY STRATERGY

TABLE 36. IBM CORPORATION: COMPANY SNAPSHOT

TABLE 37. IBM CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 38. IBM CORPORATION: PRODUCT PORTFOLIO

TABLE 39. IBM CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 40. IBM CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 41. IBM CORPORATION: KEY STRATERGY

TABLE 42. QUALCOMM, INC.: COMPANY SNAPSHOT

TABLE 43. QUALCOMM, INC.: OPERATING BUSINESS SEGMENTS

TABLE 44. QUALCOMM, INC.: PRODUCT PORTFOLIO

TABLE 45. QUALCOMM, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 46. QUALCOMM, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 47. QUALCOMM, INC.: KEY STRATERGY

TABLE 48. TESLA, INC.: COMPANY SNAPSHOT

TABLE 49. TESLA, INC.: OPERATING BUSINESS SEGMENTS

TABLE 50. TESLA, INC.: PRODUCT PORTFOLIO

TABLE 51. TESLA, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 52. TESLA, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 53. TESLA, INC.: KEY STRATERGY

TABLE 54. BMW AG: COMPANY SNAPSHOT

TABLE 55. BMW AG: OPERATING BUSINESS SEGMENTS

TABLE 56. BMW AG: PRODUCT PORTFOLIO

TABLE 57. BMW AG: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 58. BMW AG: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 59. BMW AG: KEY STRATERGY

TABLE 60. MICRON TECHNOLOGY: COMPANY SNAPSHOT

TABLE 61. MICRON TECHNOLOGY: OPERATING BUSINESS SEGMENTS

TABLE 62. MICRON TECHNOLOGY: PRODUCT PORTFOLIO

TABLE 63. MICRON TECHNOLOGY: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 64. MICRON TECHNOLOGY: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 65. MICRON TECHNOLOGY: KEY STRATERGY

TABLE 66. XILINX, INC.: COMPANY SNAPSHOT

TABLE 67. XILINX, INC.: OPERATING BUSINESS SEGMENTS

TABLE 68. XILINX, INC.: PRODUCT PORTFOLIO

TABLE 69. XILINX, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 70. XILINX, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 71. XILINX, INC.: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. JAPAN AUTOMOTIVE AI MARKET VALUE, BY COMPONENT, 2023-2030, (MILLION USD)

FIGURE 7. HARDWARE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 8. SOFTWARE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. SERVICES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 10. JAPAN AUTOMOTIVE AI MARKET VALUE, BY TECHNOLOGY, 2023-2030, (MILLION USD)

FIGURE 11. MACHINE LEARNING AND DEEP LEARNING, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 12. COMPUTER VISION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. NATURAL  LANGUAGE PROCESSING, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 14. JAPAN AUTOMOTIVE AI MARKET VALUE, BY APPLICATION, 2023-2030, (MILLION USD)

FIGURE 15. SEMI-AUTONOMOUS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 16. FULLY AUTONOMOUS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 17. NVIDIA CORPORATION: NET SALES, (2021-2023)

FIGURE 18. NVIDIA CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 19. ALPHABET, INC.: NET SALES, (2021-2023)

FIGURE 20. ALPHABET, INC.: PRIMARY MARKET COMPETITORS

FIGURE 21. INTEL CORPORATION: NET SALES, (2021-2023)

FIGURE 22. INTEL CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 23. MICROSOFT CORPORATION: NET SALES, (2021-2023)

FIGURE 24. MICROSOFT CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 25. IBM CORPORATION: NET SALES, (2021-2023)

FIGURE 26. IBM CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 27. QUALCOMM, INC.: NET SALES, (2021-2023)

FIGURE 28. QUALCOMM, INC.: PRIMARY MARKET COMPETITORS

FIGURE 29. TESLA, INC.: NET SALES, (2021-2023)

FIGURE 30. TESLA, INC.: PRIMARY MARKET COMPETITORS

FIGURE 31. BMW AG: NET SALES, (2021-2023)

FIGURE 32. BMW AG: PRIMARY MARKET COMPETITORS

FIGURE 33. MICRON TECHNOLOGY: NET SALES, (2021-2023)

FIGURE 34. MICRON TECHNOLOGY: PRIMARY MARKET COMPETITORS

FIGURE 35. XILINX, INC.: NET SALES, (2021-2023)

FIGURE 36. XILINX, INC.: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • NVIDIA Corporation

  • Alphabet, Inc.

  • Intel Corporation

  • Microsoft Corporation

  • IBM Corporation

  • Qualcomm, Inc.

  • Tesla, Inc.

  • BMW AG

  • Micron Technology

  • Xilinx, Inc.


Frequently Asked Questions
What are the key players operating in the Japan automotive AI market?

The key market players operating in the Japan automotive AI market are NVIDIA Corporation, Alphabet, Inc., Intel Corporation, Microsoft Corporation, IBM Corporation, Qualcomm, Inc., Tesla, Inc., BMW AG, Micron Technology, Xilinx, Inc.

What will be the size of the Japan automotive AI market in 2030?

According to the Next Move Strategy Consulting, the size of the Japan automotive AI market is estimated to be at USD 1972.8 Million in 2030.

What are the key applications of AI in the Automotive Industry?

Key applications of AI in the automotive industry include autonomous driving, predictive maintenance, natural language processing for in-car virtual assistants, image and speech recognition, and optimization of manufacturing processes.

What challenges are related to the automotive AI industry?

Key challenges are the data privacy and high cost associated with automotive AI.

What is the size of the Japan automotive AI market in 2023?

According to the Next Move Strategy Consulting, the size of the Japan automotive AI market is estimated at USD 291.7 Million in 2023.