CES 2024 Showed That The Future Of Cars Will Be Defined By AI

 


IDTechEx's "Future Automotive Technologies 2024-2034" report anticipates significant shifts in the automotive landscape, emphasizing the transformative impact of electrification, automation, and, notably, connectivity and software definition. The forecast, supported by the companion reports, "Connected and Software-Defined Vehicles 2024-2034," projects a remarkable 21.1% compound annual growth rate for connected and software-defined vehicles, culminating in a US$700 billion market by 2034. Highlighting the focus at CES 2024 on keywords like "autonomous," "connected," "AI," and "software-defined vehicle," the reports identify these trends as pivotal in reshaping the industry's future. AI assistants within vehicles, a focal point for major players like Mercedes, AWS, and Qualcomm, are poised to offer intuitive interactions, leveraging subscription services for enhanced connectivity. These AI-driven features extend beyond in-car interactions to include diverse applications like scheduling services and facilitating in-vehicle payments, showcasing a convergence of AI, connectivity, and software definition as key revenue drivers in the automotive sector by 2034.

Read More - https://www.techdogs.com/tech-news/pr-newswire/ces-2024-showed-that-the-future-of-cars-will-be-defined-by-ai-reports-idtechex

Comments

Popular posts from this blog

Varun Srinivas Founder & CEO of Therix.ai and Co-Founder at Coditas on Building Real-World AI Solutions

Education Technology Trends That Will Impact Your Business In 2025

Top 5 Marketing Automation Software Of 2025