# McKinsey sees $519 billion software-defined vehicle market by 2035 2026-08-14T09:21:00+00:00 | Technology | Indian Opinion Desk Corroboration: 1 independent outlet McKinsey projects the global automotive software and electronics market will reach $519 billion by 2035, growing at 4.5% annually. Vehicles with Level 2 or higher automation could account for nearly 70% of global sales by then, the report says. The rise of software-defined vehicles, AI, and advanced driver assistance systems is driving this shift. However, greater connectivity brings cybersecurity risks. Upstream Security's 2026 report finds ransomware now drives 44% of documented automotive cyberattacks, more than double the share since 2024. Over 61% of these breaches threaten to disrupt thousands or millions of connected vehicles simultaneously. The World Economic Forum calls this the industry's most challenging transformation in over a century. ## Coverage - rediff.com Tags: ADAS, AI in cars, automotive cybersecurity, McKinsey, ransomware, software-defined vehicles Canonical: https://indianopinion.org/mckinsey-sees-519-billion-software-defined-vehicle-market-by-2035/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/mckinsey-sees-519-billion-software-defined-vehicle-market-by-2035/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.