Strategy Analytics: Qualcomm’s automotive revenue reached approximately $1.5 billion in 2022
Strategy Analytics, a market research and consulting organization, released a report pointing out that the automotive field is one of Qualcomm’s fastest growing businesses. Qualcomm reached approximately $1.5 billion in automotive revenue in calendar year 2022, accounting for about a quarter of the total revenue in the field. By 2031, automotive revenue will grow at a CAGR of 25% to more than $9 billion.