Auto ICs to have 7% CAGR 2023-7

The worldwide automotive semiconductor market revenue will have a 7% CAGR from 2023-27 to reach $8.5 billion, according to IDC.

“Among the multiple use cases, the segments of smart cockpits and autonomous driving have experienced the most rapid growth, with forecasts showing that they are poised to secure over 50% of the market share by 2027,” says IDC research director Adela Guo.

Auto ICs to have 7% CAGR 2023-7

“Among the multiple use cases, the segments of smart cockpits and autonomous driving have experienced the most rapid growth, with forecasts showing that they are poised to secure over 50% of the market share by 2027,” he added



Leave a Reply

Your email address will not be published. Required fields are marked *

*