It seems like automotive industry is ever-booming. Back in 2015, a whopping $19.57 billion was invested in the sector and its primary target areas. And with new tech flooding the market each year, we expect to see the investments increase to $82.01 billion come 2020. Rapid digitalization has transformed the face of this once hardware-driven
In 2015, automotive industry investments in the main target areas accounted for nearly $19.57 billion. Technology is becoming more digitalized and new technology advancements appear each year. All this will lead to increased investments, reaching $82.01 billion by 2020. Thanks to rapid digitalization, component hardware-driven automotive sector is changing into a software and solutions-focused industry.