What's Driving Automotive SoC Market Growth? Top Players: Texas Instruments Incorporated, Infineon Technologies AG, Intel Corporation, NVIDIA Corporation
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...
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