Automotive industry is growing and changing rapidly


Automotive industry is growing and changing rapidly, thanks to the emergence of micro markets and the new mobility advances. Trends suggest that between ride-sharing and the rise of autonomous vehicles, we are in for a very exciting future.

The automotive industry is poised for massive growth in the coming years. That’s because the industry is entering a period of micro markets, where consumers are demanding a more customized experience and companies are responding to their needs by offering products that meet specific needs at a specific price point. This means that while some people may prefer self-driving cars, others will continue to choose traditional vehicles. As ride-sharing becomes more popular and autonomous vehicles become more affordable, expect this trend to continue.