Automotive SoC Market is Likely to Expand at a Significant CAGR of 7.7%

Automotive SoC Market is Likely to Expand at a Significant CAGR of 7.7% - Increasing electrification of automobiles coupled with government initiatives and technological advancements promoting safe driving are crucial factors accelerating the demand for automotive systems-on-chips (SoC) in the coming years. The global automotive SoC market was valued at US$ 12,007.6 Mn in 2017. However, considering that the engineering marvel- autonomous cars have captured the attention of many in the automobile landscape, the global automotive SoC market is likely to expand at a significant CAGR of 7.7%, standing at an estimated market valuation of 26,800.5 […] Click here to read: eTurboNews | Travel Industry News
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