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AI-enabled Automotive Human Machine Interface Software Projected to Have Dramatic Growth, According to Tractica

Tractica’s latest forecast for the global market for AI-enabled automotive Human Machine Interface (HMI) software shows dramatic growth from $462.8 million in 2018 to $4.6 billion by 2025. This growth is being propelled by the ongoing adoption of sensors and other technology by vehicles, with artificial intelligence serving as the leading foundation of HMI. The report, “Automotive Human-Machine Interfaces,” details how increasingly advanced automotive technology will provide driver and occupant monitoring as the demand for connected cars grows over the years.

Voice-enabled smart assistants for car controls will likely become the leading HMI in the coming years, with emotion recognition and gesture recognition becoming prominent elements, as well. AI-based HMI can be used to leverage technology and potential vehicle safety with additional controls, monitoring, and better infotainment.

Revenue growth over the next six years will mostly come from voice and speech recognition applications, as well as driver face analytics and emotion recognition. However, the report also noted that connected car market growth will slowly decline in the future as autonomous vehicles become normalized and represent majority of the vehicle market.

“Fast-forward several years to when humans become passengers and vehicles become moving entertainment centers in the autonomous vehicle era, and AI-based automotive HMI technologies will prove invaluable and morph into different use cases,” reported Mark Beccue, principal analyst at Tractica.