Global Artificial Intelligence in Transportation Research Report 2023 ... - Business Wire

The global market for artificial intelligence in transportation is expected to reach $6.3 billion by 2027, with a compound annual growth rate (CAGR) of 19.4%. This technology collects traffic patterns, optimizes logistics, and reduces turnaround time. The market includes hardware and software offerings, with technological advancements driving innovation. North America currently leads the market, but Asia-Pacific is projected to have the highest growth rate. Increasing demand for autonomous vehicles is also expected to boost the market.

Source: Link