Product Code: CMI6985
The Automotive Software Market is estimated to be valued at USD 16.08 Bn in 2024 and is expected to reach USD 37.68 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 16.08 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
12.90% |
2031 Value Projection: |
US$ 37.68 Bn |
Figure. Automotive Software Market Share (%), By Region 2024
The automotive software market is witnessing significant growth globally driven by the increasing utilization of electronics and software in modern vehicles. Automakers are increasingly focusing on developing technologically advanced and connected vehicles integrated with various software solutions to enhance safety, convenience, and overall driving experience. Sophisticated driver-assistance systems, advanced infotainment systems, telematics solutions are some key areas seeing extensive application of automotive software. Furthermore, the growing autonomous vehicles landscape is propelling research and development of self-driving software technology. The rising demand for customizable in-vehicle experience from customers is also prompting automakers to extensively integrate software solutions. Overall, the automotive software market is poised to grow substantially in the coming years on the back of continued digital transformation of the automotive industry.
Market Dynamics:
The automotive software market growth is driven by factors such as the increasing demand for advanced driver-assistance systems (ADAS), focus on enhancing safety, and the development of self-driving vehicles. However, high costs associated with software development and testing and the lack of standardized processes are some challenges hampering the demand to an extent. The growing trend towards over-the-air technology presents significant opportunities in the market. Automakers are increasingly investing in improving cybersecurity measures to detect vulnerabilities in advanced vehicle systems and protect software from unauthorized access.
Key features of the study:
- This report provides an in-depth analysis of the global automotive software market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global automotive software market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include ATEGO SYSTEMS INC., Autonet, Blackberry, Wind River, Microsoft, ACCESS, Broadcom, Google, Green Hills Software, MontaVista Software, Mentor Graphics, Airbiquity, Texas Instruments, Adobe Systems, PTC Inc., NXP Semiconductors, Renesas Electronics, Dassault Systems, and Intellias Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global automotive software market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive software market.
Market Segmentation
- By Vehicle Type
- By Software Layer
- Operating System
- Middleware
- Application software
- By EV Application
- Charging Management
- Battery Management
- V2G
- By Offering
- By Application
- ADAS & Safety Systems
- Body Control & Comfort System
- Powertrain System
- Infotainment System
- Communication System
- Vehicle Management & Telematics
- Connected Services
- Autonomous Driving
- HMI Application
- Biometrics
- Remote Monitoring
- V2X System
- By Organization Size
- Large Scale Organizations
- Medium Scale Organization
- Small Scale Organization
- By Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Key Players
- ATEGO SYSTEMS INC.
- Autonet
- Blackberry
- Wind River
- Microsoft
- ACCESS, Broadcom
- Google
- Green Hills Software
- MontaVista Software
- Mentor Graphics
- Airbiquity
- Texas Instruments
- Adobe Systems
- PTC Inc.
- NXP Semiconductors
- Renesas Electronics
- Dassault Systems
- Intellias Ltd.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Vehicle Type
- Market Snippet, By Software Layer
- Market Snippet, By EV Application
- Market Snippet, By Offering
- Market Snippet, By Application
- Market Snippet, By Organization Size
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of the COVID-19 Pandemic
4. Global Automotive Software Market, By Vehicle Type, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Passenger car
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- LCV
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- HCV
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
5. Global Automotive Software Market, By Software Layer, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Operating System
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Middleware
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Application software
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
6. Global Automotive Software Market, By EV Application, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Charging Management
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Battery Management
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- V2G
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
7. Global Automotive Software Market, By Offering, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Solutions
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
8. Global Automotive Software Market, By Application, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- ADAS & Safety Systems
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Body Control & Comfort System
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Powertrain System
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Infotainment System
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Communication System
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Vehicle Management & Telematics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Connected Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Autonomous Driving
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- HMI Application
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Biometrics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Remote Monitoring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- V2X System
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
9. Global Automotive Software Market, By Organization Size, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Large Scale Organizations
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Medium Scale Organization
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
- Small Scale Organization
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
10. Global Automotive Software Market, By Region, 2019-2031, (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- North America
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Software Layer, 2019-2031, (US$ Billion)
- Market Size and Forecast, By EV Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Organization Size, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Software Layer, 2019-2031, (US$ Billion)
- Market Size and Forecast, By EV Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Organization Size, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Software Layer, 2019-2031, (US$ Billion)
- Market Size and Forecast, By EV Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Organization Size, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
- China
- India
- ASEAN
- Australia
- South Korea
- Japan
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Software Layer, 2019-2031, (US$ Billion)
- Market Size and Forecast, By EV Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Organization Size, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Software Layer, 2019-2031, (US$ Billion)
- Market Size and Forecast, By EV Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Offering, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Organization Size, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
- GCC Countries
- South Africa
- Rest of the Middle East & Africa
11. Competitive Landscape
- Company Profiles
- ATEGO SYSTEMS INC.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Autonet
- Blackberry
- Wind River
- Microsoft
- ACCESS, Broadcom
- Google
- Green Hills Software
- MontaVista Software
- Mentor Graphics
- Airbiquity
- Texas Instruments
- Adobe Systems
- PTC Inc.
- NXP Semiconductors
- Renesas Electronics
- Dassault Systems
- Intellias Ltd.
12. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
13. Research Methodology
- References
- Research Methodology
- About us and Sales Contact