Technology (Autonomously) Driving M&A In The Automotive Sector Technologies In Automotive Industry
Digital technologies in automotive industryThe US automotive business is fresh off of a record breaking sales year in 2016, with more than 17.five million cars sold Globally, the auto business is experiencing its biggest growth in establishing and emerging economies. By 2040, it really is estimated that the autonomous car business will be a $three.6 trillion chance Producers and original gear manufacturers (OEMs) of vehicles and trucks will face steep competitors amongst themselves to carve out a place in the new sector. For those organizations that succeed in getting a foothold in the autonomous automobile market place, this trend is most likely to be a gold mine.
With the rise of autonomous automobiles and millions of devices communicating with each other. There is a require that these interactions and transactions exist on a immutable database of shared, secure, and very permissioned access. A shared ledger between automotive OEMs, parts distributors, …
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