Report Scope & Overview:
Automotive Software Market Size was valued at USD 24.02 billion in 2022 and is expected to reach USD 81.57 billion by 2030 and grow at a CAGR of 16.51% over the forecast period 2023-2030.
Automotive software is a collection of programmable data instructions used in computer-based in-vehicle applications to accomplish activities. Automotive software also includes software for embedded systems in vehicles. Telematics, body control, comfort, communication, advanced driver assistance systems (ADAS), and safety are all examples of computer-based in-vehicle applications. These technological improvements have pushed automakers to develop automobile software solutions that provide greater utility and convenience to their customers.
The automobile industry now relies heavily on software services and solutions. Software solutions can assist improve performance, safety, and the driving experience. In the automotive industry, software systems such as auto mechanical software, safety, connectivity software, entertainment, and navigation software are just a few examples.
MARKET DYNAMICS:
KEY DRIVERS:
Growing worldwide automobile production and sales.
Automobile adoption of ADAS features.
The demand for autonomous and connected automobiles is steadily increasing.
Increasing the number of people who use driver assistance devices.
Concerns about driver and vehicle safety are mounting.
Increasing demand for environment-friendly vehicles.
RESTRAINTS:
The communication interfaces and protocols are not standardized, incorrect data may arise.
The lack of technology standardization makes system integration more difficult and information flow more difficult.
The increasing complexity of software design drives up vehicle hardware maintenance costs.
OPPORTUNITIES:
The global adoption of innovative software solutions and services in the automotive industry.
Population growth.
Increasing the economy.
Deep learning, which is used to apply AI, is expected to increase at a faster rate than other automotive technologies.
The expanding purchasing power of individuals in nations is allowing this market to expand significantly.
CHALLENGES:
Cybersecurity is still a serious issue.
The integration of complicated integrated systems and software.
The lack of linked infrastructure, troubleshooting, and maintenance of automotive software.
IMPACT OF COVID-19:
No major automotive software companies have yet declared a service halt. However, as a result of the outbreak, demand for software solutions is projected to drop in the first half of 2020 as manufacturing is disrupted. Manufacturers would adapt output to minimize bottlenecks and schedule production based on OEM and Tier I demand. However, no specific impact on the company's automotive industry has been mentioned. Many software firms are experiencing supply chain disruptions as a result of the spread of COVID-19, as countries around the world have implemented lockdown precautions. As a result, the value of the automotive software industry in 2020 is expected to be in decline.
KEY PLAYERS:
A few worldwide businesses dominate the automotive software market, which also includes several regional players. Robert Bosch (Germany), Green Hills Software (US), Wind River Systems, Renesas Electronics (Japan), Airbiquity (US), BlackBerry (Canada), NVIDIA (US), Autonet Mobile, Inc. (USA), Elektrobit (US), and NXP (Netherlands) are some of the major participants in the automotive software business (US). These businesses have secure global distribution networks. These businesses also provide a diverse range of software solutions for various purposes.
MARKET ESTIMATION:
Market, By Solution:
The market has been divided into four segments based on a solution: autopilot software, navigation software, entertainment software, and car safety software.
Market, By Application:
The market has been divided into ADAS & Safety Systems, Body Control & Comfort Systems, Powertrain Systems, Infotainment Systems, Communication Systems, and Telematics Systems on the basis of the system. During the projected period, advanced driver-assistance systems (ADAS) are expected to be the most popular application. Consumers will profit from the factors and will be protected from potential dangers.
Market, By Vehicle Type:
The market has been divided into passenger cars and commercial vehicles based on vehicle type. Due to a growth in demand for luxury, comfort, and convenience, the passenger car segment in the automotive software market accounted for 80% of the revenue share. Vehicles are becoming software-driven devices as advanced technologies such as AI, VR, and machine learning become more widely adopted.
Market, by Software Type:
The market is divided into three categories based on product type: operating systems, middleware, and application software. For the forecast period, the application software sector has the biggest market share. The vehicle's specific functionalities and architecture are supported by the application software. It is made up of various apps and software layers that allow tasks to be completed according to the application.
MARKET SEGMENTATION:
By Application:
ADAS & Safety Systems
Body Control & Comfort System
Remote Monitoring
Powertrain System
Communication System
Infotainment System
Biometrics
Vehicle Management & Telematics
Connected Services
Autonomous Driving
HMI Application
V2X System
By Software Layer:
Operating System
Application software
Middleware
By Solution:
Autopilot Software
Navigation Software
Car safety Software
Entertainment Software
By Vehicle Type:
Passenger car (PC)
Heavy commercial vehicle (HCV)
Light commercial vehicle (LCV)
REGIONAL ANALYSIS:
North America, Europe, Asia-Pacific, and the Rest of the World are the four key regions in which the global Automotive Software Industry is divided. Due to rising automotive infrastructure and increased sales of connected vehicles across the region, the Asia-Pacific region is expected to hold the biggest market share over the projection period. Furthermore, rising production and sales of electric vehicles are likely to drive demand for automotive software in this region. Furthermore, rising demand for car safety features, as well as increased public and private investment in ICT infrastructure development, are all contributing to the market's growth in this region.
REGIONAL COVERAGE:
North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 24.02 Billion |
Market Size by 2030 | US$ 81.57 Billion |
CAGR | CAGR of 16.51% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by Application (ADAS & Safety Systems, Body Control & Comfort System, Remote Monitoring, Powertrain System, Communication System, Infotainment System, Biometrics, Vehicle Management & Telematics, Connected Services, Autonomous Driving, HMI Application, V2X System) • by Software Layer (Operating System, Application software, Middleware) • by Solution (Autopilot Software, Navigation Software, Car safety Software, Entertainment Software) • by Vehicle Type (Passenger car (PC), Heavy commercial vehicle (HCV), Light commercial vehicle (LCV)) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | • Robert Bosch (Germany), Green Hills Software (US), Wind River Systems, Renesas Electronics (Japan), Airbiquity (US), BlackBerry (Canada), NVIDIA (US), Autonet Mobile, Inc. • (USA), Elektrobit (US), and NXP (Netherlands) are some of the major participants in the automotive software business (US). |
Key Drivers | • Growing worldwide automobile production and sales. • Automobile adoption of ADAS features. |
RESTRAINTS | • The communication interfaces and protocols are not standardized, incorrect data may arise. • The lack of technology standardization makes system integration more difficult and information flow more difficult. |
Automotive software is a collection of programmable data instructions used in computer-based in-vehicle applications to accomplish activities. Automotive software also includes software for embedded systems in vehicles.
Automotive Software Market Size was valued at USD 24.02 billion in 2022.
The major players are Robert Bosch (Germany), Green Hills Software (US), Wind River Systems, Renesas Electronics (Japan), Airbiquity (US), BlackBerry (Canada), NVIDIA (US), Autonet Mobile, Inc., and others in the final report.
The forecast period of Automotive Software Market is 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Software Market Segmentation, by Application
8.1 ADAS & Safety Systems
8.2 Body Control & Comfort System
8.3 Remote Monitoring
8.4 Powertrain System
8.5 Communication System
8.6 Infotainment System
8.7 Biometrics
8.8 Vehicle Management & Telematics
8.9 Connected Services
8.10 Autonomous Driving
8.11 HMI Application
8.12 V2X System
9. Global Automotive Software Market Segmentation, by Software Layer
9.1 Operating System
9.2 Application software
9.3 Middleware
10. Global Automotive Software Market Segmentation, by Solution
10.1 Autopilot Software
10.2 Navigation Software
10.3 Car safety Software
10.4 Entertainment Software
11. Global Automotive Software Market Segmentation, by Vehicle type
11.1 Passenger car (PC)
11.2 Heavy commercial vehicle (HCV)
11.3 Light commercial vehicle (LCV)
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 the USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 the UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Robert Bosch GmbH
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Green Hills Software (US)
13.3 Wind River Systems
13.4 Renesas Electronics (Japan)
13.5 Airbiquity (US)
13.6 BlackBerry (Canada)
13.7 NVIDIA (US)
13.8 Autonet Mobile, Inc. (USA)
13.9 Elektrobit (US)
13.10 NXP (Netherlands)
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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