Will 2023 be a turning point for software defined vehicle trend?, Auto News, ET Auto
Industry experts believe that 2023 is a crucial juncture for the SDV trend. As the CASE (Connected Autonomous Shared Electrification) megatrends grow, software content in the automobile of any segment is also on the rise. And that trend is expected to boost the balance sheets of automotive software suppliers. According to a McKinsey report, the global automotive software and electronics market is expected to touch USD 468 billion by 2030, a 5.6% CAGR from 2019.“I think it's not too far when software will become the…