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2025-10-01 11:48:22

From Hardware to Software: The Evolution of the Software Defined Vehicle Market

The global Software Defined Vehicle (SDV) market was valued at US $52.45 billion in 2024 and is projected to reach US $217.36 billion by 2032, registering a compound annual growth rate (CAGR) of 19.4% during 2025–2032. Market expansion is being fueled by the shift toward software-centric automotive architectures, rising demand for connected and autonomous driving technologies, and the...

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