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The Automotive Industry Accelerates Toward a Software-Driven Future, With Revenue Share Expected to Double During the Next Decade
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3 Articles
The only mobility products and services defined by software are expected to weigh more than 50% of the turnover of car manufacturers in 2035, a doubling in ten years.
The automotive industry plans to double its revenues from the manufacture of original software equipment by 2035, according to the data from the report 'The age of software-driven mobility: Beyond Vehicles', prepared by the Capgemini Research Institute. As the study notes, 92% of the organizations in the sector will devote part of their negotiations to software investments and the profits of companies are expected to reach 24% by 2029. Although …
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