Autonomous cars to quadruple vehicle software revenues to $1.2 trillion by 2030

The need for advanced safety features in automated and autonomous cars will see vehicle software revenues more than quadruple to $1.2 trillion a year by 2030

Ensuring an autonomous car can avoid an accident will require it to process signals from radar, camera and laser sensors, leading to a massive increase in demand for sophisticated software, Elmar Degenhart, chief executive of Continental, one of the world’s biggest auto parts’ suppliers, said.

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