The Asia Pacific region is expected to dominate the Software Defined Vehicle Market, with its market value projected to reach USD 735.7 billion by 2030
The Asia Pacific Software Defined Vehicle Market is expected to grow from USD 148.7 billion in 2024 to USD 735.7 billion by 2030, at a CAGR of 30.5%. China and South Korea are rapidly working on SDV technology, driven by trends such as centralized software architecture and tool-based development processes. Further, market growth in the Asia Pacific is driven by the rising demand for an enhanced driving...
Software Defined Vehicle Market Size, Share, Trends & Forecast 2030
The global Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%. The growing focus on vehicle safety and the need for autonomous driving experience in cars are driving forces behind the Software Defined Vehicle market. There are various benefits for consumers, one of them is predictive maintenance, which provides...