Automotive Software Market Size, Segments, Technology Trends, Company Profiles, End Users and Forecast by 2030
Research Reports
Apr 11, 2022
Automotive Software Market Analysis
Automotive Software Market Size To Expand at a Notable CAGR Of 20% During forecast period.
The Global Automotive Software Market as per the new Market Research Future (MRFR) analysis. Automotive software, simply put, is a collected programmable data instruction utilized to perform operations of computer-based in-vehicle applications.
Various factors are fuelling the global Automotive Software Market. According to the recent MRFR market estimates, such factors include rising adoption of ADAS features in cars, growing adoption of connected car services, the intervention of innovative technologies for advanced UI, compliance towards fuel efficiency standards, adoption of electronics-based driving comfort, government safety mandates, growing demand for passenger safety, stringent government regulations associated with vehicle safety, the collaboration of government authorities with automotive software developers, rising internet penetration, and rapid adoption of IoT. Besides, the potential of 5G and artificial intelligence, data monetization, vehicle software development, digital vehicle inspection, and growing developments in autonomous and semi-autonomous driving cars are also adding market growth.
On the contrary, lack of connected infrastructure, lack of standard protocols to develop software platforms, cybersecurity threats, consolidation of ECUs, troubleshooting and maintenance of Automotive Software Market, lack of connected infrastructure, and the ongoing COVID-19 outbreak are factors that may deter the global automotive software development market growth over the forecast period.
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Key Players
Key contenders profiled in the global Global Automotive Software Industry report include Wind River Systems, Inc. (US), Autonet Mobile, Inc. (USA), Green Hills Software (US), Airbiquity Inc. (US), Microsoft Corporation (US), NVIDIA Corporation (US), Elektrobit (Germany), Renesas Electronics Corporation (Japan), BlackBerry (Canada), and NXP Semiconductors (Netherlands).
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global Automotive Software Market based on propulsion, vehicle type, system, and solutions.
By system, the global Automotive Software Market is segmented into telematics system, communication system, infotainment systems, powertrain systems, body control and comfort systems, and ADAS and safety systems. Of these, the ADAS and safety systems will lead the market over the forecast period.
By vehicle type, the global automotive software market is segmented into commercial vehicle and passenger car. Of these, the passenger car segment will dominate the market over the forecast period.
By solution, the global automotive software market is segmented into car safety software, entertainment software, navigation software, and autopilot software.
By propulsion, the global automotive software market is segmented into electric vehicle and ICE vehicle. Of these, the electric vehicle will spearhead the market over the forecast period.
Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=7238 Regional Analysis The Global automotive software market is segmented into five major regions namely: Asia-Pacific, North America, Europe, Latin America, and the Rest of the World including the Middle East & Africa. Among these different regions, Asia-Pacific holds the major market share with increasing sales of vehicles with rising disposable income. Additionally, the growing vehicle manufacturing base in this region is itself a big market for automotive software. North America with a tech-savvy population follows next with the second largest market share. The high adoption rate here as well as in Europe are fuelling the market growth in both regions. Industry News The technological modifications in the automotive industry are being highly welcomed by users. Automotive software has an essential role to play in future vehicles which are expected to perform more work with the least human intervention. In February 2021, Volkswagen Group, a leading automobile manufacturer, signed an agreement with Microsoft Corporation, the technological giant, to assist in the development of automated driving. Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-software-market-7238
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. Assumptions
2.2.4. Limitations
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter’s Five Forces Analysis
3.1.1. Threat Of New Entrants
3.1.2. Bargaining Power Of Buyers
3.1.3. Threat Of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power Of Buyers
3.2. Value Chain/Supply Chain Analysis
4. Market Dynamics
4.1. Introduction
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Trends
5. Global Automotive Software Market, By Solution
5.1. Introduction
Continued………
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