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The future of the global automotive memory market looks promising with opportunities in infotainment system, powertrain, instrument cluster, and ADAS applications. The global automotive memory market is expected to reach an estimated $4.02 billion by 2028 with a CAGR of 18% from 2023 to 2028. The major drivers for this market are growing demand for electric vehicles incorporated with advanced safety features and rising integration of cloud technologies in vehicles.