The global automotive software market is expected to witness significant growth over the next five years, 2023-2027
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The global automotive software market is expected to witness significant growth over the next five years, 2023-2027. Factors such as the rise in efforts by automotive market players to improve fuel efficiency, comfort, and convenience while driving an automobile and the growing popularity of connected cars among consumers drive the demand for the global automotive software market. Also, the high-end investments by market players for technological advancements and the use of advanced technologies like artificial intelligence in automobiles are expected to create lucrative growth opportunities for the market players in the next five years.Speak directly to the analyst to clarify any post sales queries you may have.
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The global automotive software market is segmented into vehicle type, application, software layer, region, and company. Based on Vehicle Type, the market is divided into Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicle. Passenger car segment is expected to capture the highest market growth in the forecast period. Increased preference for private vehicle ownership and the availability of novel models of passenger cars in the market is driving the market growth.
The major players operating in the global automotive software market are Robert Bosch GMBH, Intel Corporation, Wind River System, Green Hills Software, Microsoft Corporation, Siemens Industry Software Inc., Aptiv Plc, KPIT Technologies, NXP Semiconductor, and Renesas Electronics, among others.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of global automotive software market from 2017 to 2021.
- To estimate and forecast the market size of global automotive software market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast global automotive software market based on vehicle type, application, software layer, region, and company.
- To identify dominant region or segment in the global automotive software market.
- To identify drivers and challenges for global automotive software market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive software market.
- To identify and analyze the profile of leading players operating in global automotive software market.
- To identify key sustainable strategies adopted by market players in global automotive software market.
The publisher calculated the market size of global automotive software market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the publisher.
Key Target Audience:
- Automotive software companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to automotive software market.
Report Scope:
In this report, global automotive software market has been segmented into following categories, in addition to the industry trends which have also been detailed below:Global Automotive Software Market, By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Medium and Heavy Commercial Vehicle
Global Automotive Software Market, By Application:
- ADAS & Safety
- Connected Services
- Autonomous Driving
- HMI
- V2X
- Infotainment
- Electric Vehicle Charging Management
- Electric Vehicle Battery Management
- V2G
Global Automotive Software Market, By Software Layer:
- Operating System
- Middleware
- Application Software
Global Automotive Software Market, By Region:
North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Spain
- Italy
- Russia
- Turkey
Asia-Pacific
- China
- India
- Japan
- South Korea
- Thailand
Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
- Company Profiles: Detailed analysis of the major companies present in global automotive software market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on Global Automotive Software Market5. Voice of Customer13. Market Trends & Developments15. Strategic Recommendations
6. Global Automotive Software Market Outlook
7. North America Automotive Software Market Outlook
8. Asia Pacific Automotive Software Market Outlook
9. Europe Automotive Software Market Outlook
10. South America Automotive Software Market Outlook
11. Middle East and Africa Automotive Software Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Robert Bosch GMBH
- Intel Corporation
- Wind River System
- Green Hills Software
- Microsoft Corporation
- Siemens Industry Software Inc
- Aptiv Plc
- KPIT Technologies
- NXP Semiconductor
- Renesas Electronics