Joined July 26, 2018

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Connected Car Industry Poised to reach $20.5 billion by 2026

Posted By sangh 2 days ago on Business - The global connected car market is projected to reach USD 20.5 billion by 2026 from an estimated USD 9.8 billion in 2021, at a CAGR of 15.9% from 2021 to 2026. Factors such as the rollout of stringent safety regulations, adoption of high-end and luxury cars, and growing adoption of integrated connectivity are expected to drive the demand for connected cars.

Automotive Software Market Set to Reach $32.3 billion by 2030

Posted By sangh 4 days ago on News - 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%. Rapid integration of ADAS features in vehicles, and increasing adoption of connected car services, paired with rising deployment of ECUs and domain controllers in vehicles are anticipated to increase the demand for automotive software all over the world.

Future of Hydrogen in Automotive Market worth 353 thousand Units by 2035

Posted By sangh 8 days ago on News - The future of hydrogen in automotive market size is projected to grow from 23 thousand units in 2024 to 353 thousand units by 2035, at a CAGR of 28.3%. Factors such as the extended driving range of FCEVs and the increasing interest among consumers indicate hydrogen's potential as an alternative for zero-emission mobility. Additionally, the rising involvement of investors, advancements in technology by OEMs, and governmental initiatives...

Mobility as a Service Market Size & Share by 2030

Posted By sangh 8 days ago on News - The global mobility as a service market size is valued at USD 5.7 billion in 2023 and is expected to reach USD 40.1 billion by 2030, at a CAGR of 32.2% over the forecast period. With rapid urbanization, congestion and traffic-related challenges are increasing. MaaS offers a solution by providing users with multimodal transportation options, which in turn reduces the number of private vehicles on the road, and alleviates traffic congestion. In...

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