PUBLISHER: TechSci Research | PRODUCT CODE: 1101521
PUBLISHER: TechSci Research | PRODUCT CODE: 1101521
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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.
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:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies, which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies, and presence of all major players across the globe.
TechSci Research 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. TechSci Research 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 TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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:
Passenger Car
Light Commercial Vehicle
Medium and Heavy Commercial Vehicle
ADAS & Safety
Connected Services
Autonomous Driving
HMI
V2X
Infotainment
Electric Vehicle Charging Management
Electric Vehicle Battery Management
V2G
Operating System
Middleware
Application Software
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global automotive software market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information