What are the top tech trends for 2024?
From autonomous vehicles to hydrogen-powered cars and V2X, Igor Valandro shares his view of the pivotal trends for 2024
The automotive sector value chain has evolved massively from its origins as a simple B2C model based on the manufacture and sale of vehicles. Its increasing complexity responds to market demands, to the stimuli provided by developments in other sectors and, like all industries, to technological advances that make new scenarios not only plausible, but realistic. The automotive technology market size is expected to reach over US$100bn by 2028, growing at a CAGR of 8.21% between 2023 and 2028. Tech giants like Google and Tesla have not been shy in voicing their interest in the sector and have been incorporating more technology into their cars. Where the skills and funds are less bountiful, automakers and tech companies have formed partnerships.
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