With the evolution of smart technology, the automotive industry has witnessed considerable technological changes, globally. These advanced technologies have been integrated among themselves, enabling increased safety and convenience as well as ensuring cost-effectiveness.

Chatbots are artificial intelligence software that can have conversations with users based on the principle of natural language processing (NLP). The chatbot processes the input provided by the user, focuses on the semantics, searches for the terms in the knowledge database, and provides the suitable answer as per its knowledge set.

With the global population reaching 9.8 billion by 2050, the demand for animal-based foods is expected to increase by more than 70% of the total demand in 2019. This has posed a great challenge for the agriculture and food industry to provide adequate and nutritious food for the growing population, without negatively affecting the environment.

With the introduction of agriculture drones and robots, several concerns related to the growth of farm produce can be resolved, including the shifting structure of the agriculture workforce along with the problem of decreasing arable land as compared to the fast-growing population.

An electric vehicle fast charging system is an essential component of the electric vehicle ecosystem and is used to charge batteries of electric vehicles faster than other chargers. These chargers supply electric energy to the electric vehicle to charge the battery of both electric vehicles and plug-in hybrid vehicles.

Note: The following is an excerpt from the white paper "The Emerging Autonomous Vehicle Ecosystem: Who Will Be the Stakeholders, and How Can They Win?" by BIS Research, a global market intelligence, research, and advisory company that focuses on emerging technology trends that are likely to disrupt the market.

Augmented reality overlays digital information in an augmented form in the physical world. It enables the gathering of data and presents the data in 3D condition. Virtual reality (VR), on the other hand, is where computer-assisted technology is used to construct a simulated environment virtually. At present, the global virtual reality and augmented reality market across different end-user industries was valued at $12.15 billion in 2018 and is projected to reach $78.45 billion by 2025.

Note: The following is an excerpt from the white paper "Are EVs equipped enough to overthrow the dominance of vehicles based on ICE?" by BIS Research, a global market intelligence, research, and advisory company that focuses on emerging technology trends that are likely to disrupt the market. 

An increase in the number of smartphones and connected devices and an increase in data traffic has led to congestion in the existing network, thus, increasing the demand for high bandwidth for various end-users.

This has paved the way for the network that can provide high speed and uninterrupted data at low latency. The introduction of the fifth generation (5G) communication network is expected to overcome speed barriers and enable faster data transmission.

Note: The following is an excerpt from the white paper "Will Self-Driving Vehicles Be a Reality by 2025?" by BIS Research, a global market intelligence, research, and advisory company that focuses on emerging technology trends that are likely to disrupt the market. The excerpt is a section titled "What Is Driving the Trend for Self-Driving Cars?"