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Global Automotive Software Market

Global Automotive Software Market

Submitted by • May 23, 2019

Global Automotive Software Market was valued US$ 17.0Bn in 2017 and expected to reach US$ 62.0Bn in 2026, at CAGR of 17.56% during forecast period.

Software is the number‐one decisive competitive factor in the global automotive industry. Innovations, for instance, driver‐assistance systems and energy‐efficient driving require complex solutions with complex software functionality. Automotive IT, computer and electronics are quickly changing. Multimodal mobility is connecting before separated domains such as cars and public transportation. A modern car has 50 to 120 embedded microcontrollers and is connected above various external interfaces to a variety of cloud and infotainment technologies.

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Voted by savitakumari

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