Automotive Software Market Size to Reach $32.3 Billion by 2030: Growth Factors and Trends
The Automotive Software Market Size is poised for significant growth, with projections estimating its value to reach $32.3 billion by 2030. This growth is fueled by the rapid advancement of vehicle technologies, particularly in areas such as autonomous driving, vehicle connectivity, and electrification. Modern vehicles are increasingly reliant on sophisticated software to manage and optimize various...
Automotive Interior Market Size, Share | Report [2030]
The global automotive interior industry, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone connectivity,...
Key Trends Driving the Automotive Software Market Toward a $32.3 Billion Valuation by 2030
The global automotive software market size is projected to grow from USD 19.0 Billion in 2023 to USD 32.3 Billion by 2030, at a CAGR of 7.8%. The amount of software in vehicles has increased exponentially with the growing demand for automotive safety and convenience. This is evident from software used across various new-gen automotive applications, including ADAS/AD, advanced navigation systems, intelligent...