{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/automotive-software-market-to-grow-at-a-tremendous-cagr-of-12-5-by-2033/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Automotive Software Market To Grow At A Tremendous CAGR Of 12.5% By 2033","slug":"automotive-software-market-to-grow-at-a-tremendous-cagr-of-12-5-by-2033","createdLocal":"2023-07-04 14:31:03.612530","publishDate":"None","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.digitaljournal.com/pr/news/xherald/automotive-software-market-to-grow-at-a-tremendous-cagr-of-12-5-by-2033"},"postSummary":{"childMarkdownRemark":{"html":"<p>PRESS RELEASE Published July 4, 2023 XheraldAccording to Fact.MR, a market research and competitive intelligence provider, the global automotive software market is set to touch US$ 65 billion by the end of 2033, expanding rapidly at 12.5% CAGR from 2023 to 2033.\nAutomotive software is a set of programmable instructions that are utilized in completing multiple operations of computer-based in-vehicle applications.\nKey Takeaways from Market StudyThe global automotive software market amounted to US$ 20 billion in 2023.\nGlobal demand for automotive software is estimated to surge ahead at a CAGR of 12.5% from 2023 to 2033.\nThe collaboration will shape the next generation of automotive software by combining automotive and cloud computing capabilities.</p>"}}}},"pageContext":{"slug":"automotive-software-market-to-grow-at-a-tremendous-cagr-of-12-5-by-2033"}}}