AI-units market in automotives expected to reach US$1.1 billion by 2027
Reliable market researcher Yole reported computing revenue for the automotive Advanced Driver-Assistance Systems (ADAS) and infotainment processor market segments is increasing quickly, with a 19% CAGR expected between 2021 and 2027. On the supply side, Yole says competition in this domain is fierce with a large diversity of players.
Further analytical points shared by Yole includes:
As ADAS, in-cabin sensing, and infotainment are driving the computing demand, this whole industry will be worth more than US$12 billion in 2027, as per Yole.
Computing revenue for ADAS and infotainment processors is growing even faster, driven not only by the growing penetration of these systems but also by the centralization trend . An increasing Average Selling Price (ASP) – the consequence of the recent crises, including COVID-19 and semiconductor shortages, and the integration of more functionalities into processors – is also driving up computing revenue. AI is one of the factors which explain the growing revenue. More and more AI units are required to accelerate ADAS perception layers and enable real-time understanding of the car’s environment. According to Yole Développement (Yole), this market segment is expected to reach US$1.1 billion in 2027.
“There is growing diversity among carmakers. Some traditional companies are involved in the development of autonomous functions. Some new el...
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