The Artificial Intelligence in Transportation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Artificial Intelligence in Transportation Market?
The market size of artificial intelligence in transportation has seen significant expansion in recent times. From 2024 to 2025, it's projected to increase from $3.63 billion to $4.29 billion, with a compound annual growth rate (CAGR) of 18.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Artificial Intelligence in Transportation Industry?
The global artificial intelligence in transportation market is forecasted to grow significantly and reach a market size of $9.17 billion by 2029. This growth corresponds to a compound annual growth rate (CAGR) of 20.9%.
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What are the Key Growth Drivers Fueling the Artificial Intelligence in Transportation Market?
The key drivers in the artificial intelligence in transportation market are:
• Expansion of AI applications in supply chain and logistics for efficient operations
• Surge in adoption of AI for autonomous vehicle development
• Integration of AI in multimodal transportation planning and coordination
• Growth in the use of AI for real-time route optimization and traffic prediction
Global Market Segmentation: Identifying Major Artificial Intelligence in Transportation Industry Segments
The artificial intelligence in transportation market covered in this report is segmented –
1) By Offering: Hardware, Software
2) By Machine Learning Technology: Deep Learning, Computer Vision, Context Awareness, Natural Language Processing
3) By Process: Signal Recognition, Object Recognition, Data Mining
4) By Application: Semi Autonomous Truck, Truck Platooning, Predictive Maintenance, Precision And Mapping, Autonomous Truck, Other Applications
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What are the Emerging Trends Shaping the Future of the Artificial Intelligence in Transportation Market?
The key trends in the bioenergy market are:
• The development of AI-powered Mobility-as-a-Service (MaaS) platforms is an emerging trend.
• A growing focus on "explainable AI" is observed, aiming for transparency within decision-making processes.
• The use of AI for personalized and adaptive in-vehicle experiences is gaining momentum.
• Customization of AI solutions for specific modes of transportation and industries, along with collaborations between AI developers and transportation stakeholders are notable trends on the rise.
Who Are the Top Competitors & Leading Players in the Artificial Intelligence in Transportation Market?
Major companies in the artificial intelligence in transportation market are:
• The Volvo Group
• Mercedes-Benz Group AG
• Scania AB
• Peloton Interactive Inc.
• Valeo SA
• Xevo Inc.
• Nvidia Corporation
• Intel Corporation
• Robert Bosch GmbH
• Continental AG
• Microsoft Corporation
• International Business Machines Corp
• Magna International Inc.
• ZF Friedrichshafen AG
• Alphabet Inc.
• Daimler AG
• General Motors Company
• Aptiv plc
• Denso Corporation
• Xilinx Inc.
• TomTom NV
• Harman International Industries Inc.
• Nauto Inc.
• FiveAI Inc.
• Waymo LLC
• Uber Technologies Inc.
• Tesla Inc.
• Mobileye NV
• Baidu Inc.
• AutoX Inc.
• Ponyai Inc.
• TuSimple Inc.
• Aurora Innovation Inc.
• Embark Trucks Inc.
• Plusai Inc.
Regional Dominance: Which Area Leads the Global Artificial Intelligence in Transportation Market?
North America was the largest region in the artificial intelligence in transportation market in 2024
