Tag Archives: Autonomous

Technology tamfitronics The global autonomous driving software market is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035, at a CAGR of 13.3%.As automakers and technology companies plan to launch self-driving cars, demand for driving software solutions is likely to rise due to increasing investment in ADAS/AD technologies by OEMs and technology providers. The demand for L2+ vehicles is also growing. Rapid advancements in AI and sensor technologies, along with rising consumer interest in ADAS for improved safety, are expected to drive the demand for autonomous driving software in L2+ vehicles. Further, the shift to software-first architecture and technology sharing between leading OEMs and Tech Companies is also speeding up the shift to higher levels of Autonomy. For such developments, automotive software is being developed for applications such as...