PUBLISHER: TechNavio | PRODUCT CODE: 1384509
PUBLISHER: TechNavio | PRODUCT CODE: 1384509
Autonomous Cars Software Market 2024-2028
The autonomous cars software market is forecasted to grow by USD 9.18 bn during 2023-2028, accelerating at a CAGR of 39.04% during the forecast period. The report on the autonomous cars software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 37.85% |
CAGR | 39.04% |
Incremental Value | $9.18bn |
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for autonomy of vehicles by oems, benefits associated with autonomous cars, and less chance of human errors to stop road fatalities.
Technavio's autonomous cars software market is segmented as below:
By Type
By Product
By Geographical Landscape
This study identifies the rising adoption of cloud-based high-definition (HD) maps as one of the prime reasons driving the autonomous cars software market growth during the next few years. Also, cloud computing in autonomous driving and the increasing availability of open-source software will lead to sizable demand in the market.
The report on the autonomous cars software market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading autonomous cars software market vendors that include aiMotive, Alphabet Inc., Amazon.com Inc., Aptiv Plc, Aurora Innovation Inc., Baidu Inc., BlackBerry Ltd., Cohda Wireless Pty. Ltd., General Motors Co., Intel Corp., Luminar Technologies Inc., Minus Zero Robotics Pvt. Ltd., NVIDIA Corp., Oxa Autonomy Ltd., Ridecell Inc, Robert Bosch GmbH, Siemens AG, Tata Consultancy Services Ltd., Tesla Inc., and TIER IV INC.. Also, the autonomous cars software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Exhibits: