Press release
APAC Automotive Software Market is expected to witness 17% CAGR By 2025
The Auto Part wholesaler & agent grabs over 18% market share in the automotive software market in 2018 and is expected to maintain a dominant position during the forecast period. The growing demand for cheap auto parts related to hardware & software is proliferating this segment. The automobile industry strategically distributes its software & hardware through various distribution channels, including auto part wholesalers and agents, to increase its global presence.
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Automotive software market from commercial vehicles segment will grow at a CAGR of over 18% over the forecast period. The growth is attributed to the rising carsharing and the increasing use of public transport to reduce pollution. Stringent government regulations related to the green & clean environment along with the increasing awareness campaign for climate change is proliferating market growth. Additionally, the increasing number of autonomous trucks in logistics is attributing to the growth of the automotive software industry.
The profitability potential and growth prospects of the automotive software market are rather evident from the vast range of offerings, including auto drive software, auto mechanical software, mapping software, connectivity software, driver assistance software, anti-collision software, and entertainment software. In the years to come, automotive software industry contenders are expected to not only capitalize on the existing technologies, but also bring about robust innovation in design and
The major players in the automotive software industry are focusing on various business growth strategies, such as new product developments, mergers, acquisitions, and partnerships. This will enable them to expand their existing portfolio and increase their geographical presence
Browse key industry insights spread across 270 pages with 298 market data tables & 31 figures & charts from the report, “Automotive Software Market” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/automotive-software-market
Major Table of Content: -
Chapter 4. Competitive Landscape, 2018
4.1. Introduction
4.2. Competitive analysis of key market players
4.2.1. Dassault Systèmes SE
4.2.2. Autodesk, Inc.
4.2.3. Honda Motor Company, Ltd.
4.2.4. Siemens PLM Software, Inc.
4.2.5. General Motor Company
4.3. Competitive analysis of innovation leaders
4.3.1. Cox Automotive
4.3.2. CDK Global LLC
4.3.3. Wipro Limited
4.3.4. Delphi Technologies
4.3.5. Nvidia Corporation
4.4. Competitive landscape
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-software-market
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Arun Hegde
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Global Market Insights, Inc.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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