The automotive industry is presently one of the most rapidly growing industries globally, comprising a wide range of organizations and companies that develop, design, and market automobile components. Rapid digitalization and the widespread integration of cloud-based data-driven services are revolutionizing the automotive industry, which are resulting in the introduction of various ground-breaking technology-related trends, such as electrification, autonomous driving, and connected vehicles. Additionally, extensive research and development (R&D) activities and the incorporation of artificial intelligence (AI) and the Internet of Things (IoT) technology in automobiles are also providing impetus to the industry.
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