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Artificial Intelligence In Transportation Market

Artificial Intelligence In Transportation Market

Submitted by • March 6, 2019

Artificial Intelligence in Transportation Market is expected to reach USD 6.6 Billion by 2026 from 1.2 Billion in 2016 at a CAGR 20.3%. Enhanced systems are used in the transportation sector to provide real-time data along with providing more support to avoid unwanted accidents thereby boosting overall demand for artificial intelligence in the transportation sector. Factors such as growing demand for safety & security and increasing focus towards reducing the operating cost of transportation are responsible for the continuous growth of artificial intelligence market for transportation.Artificial Intelligence in Transportation Market On the basis of machine learning technology, deep learning technology is widely used in an autonomous segment to drive, see, think, analyze and take decisions for autonomous vehicles.

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