Automotive Software Market 2021 Growth Opportunity and Industry Revenue Analysis By Major Players 2026 |NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Robert Bosch GmbH, Airbiquity, Inc., NVIDIA Corporation, PTC, Inc., and A
Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/2182
The market is gaining momentum with the increasing application of automotive software in digitized vehicular systems. Increasing applications of automotive software across telematics, infotainment, powertrain, communication, along with body control and comfort, and advanced driver assistance systems (ADAS) is the primary factor driving the growth of the global automotive market. The automotive industry is constantly indulging in advanced technologies and walking towards a new era of next-generation cars.
Future cars will be more interactive and experience new interfaces and simulation technologies. Despite the promising growth and modernization of the automotive industry, manufacturers are facing a much larger challenge with incorporating these advanced software solutions that have the potential for greater performance and convenience.
Some of the major factors augmenting the growth of the global automotive software market include increasing integration trends of ADAS features in vehicles along with a growth in the adoption of connected car services and mediating innovative technologies within advanced UI.
Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/automotive-software-market
The market is scaling up with the strengthening role of AI in enhancing the automotive landscape.
The automotive software market addresses some impactful challenges, such as the lack of standard protocols that are paramount in developing software platforms along with the deprived connected infrastructure. The market suffers from inefficient troubleshooting and maintenance of the automotive software platform, which significantly restricts the appeal of these advanced solutions.
Nonetheless, the automotive software market receives significant opportunities with increasing penetration of 5G and AI coupled with constant developments in the semi-autonomous as well as autonomous vehicles and lastly, data monetization expanding the automotive ecosystem are some of the factors anticipating lucrative growth for the automotive software market in the coming future.
The global automotive software market offers solutions including operating systems, middleware, and application software solutions. This range of solutions is also classified based on the type of vehicle manufacturers. This consists of ICE passenger car, ICE LVC, and HCV that is Light Commercial Vehicle and Heavy Commercial Vehicle respectively. Automotive software solutions are also applied for battery electric vehicles, hybrid electric and plug-in hybrid electric vehicles, and autonomous vehicles.
Semi-autonomous and autonomous vehicles are heavily reliant on software for functional aspects. Adding to this, increasing efforts of globally spread industries to deploy AI-enabled features is boosting the growth of the global automotive market growth.
Leading vehicle manufacturers have already adopted Level 1 and Level 2 autonomous technology with few models integrated with Level 3 autonomous features. Meanwhile, many of the leading OEM automotive companies are now exploring the capabilities and possibilities of Level 4 and Level 5 autonomous vehicles.
The major players of the global automotive software market are NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Robert Bosch GmbH, Airbiquity, Inc., NVIDIA Corporation, PTC, Inc., and Adobe, Inc. Renowned companies are offering new and modern automotive software software solutions. In addition, the previously recognized as well as new market players are approaching the market with advanced and new strategic services and solutions and to remain competitive in the global market.
Segment Overview of Global Automotive Software Market
Product Overview, 2019-2028 (USD Million)
Application Overview, 2019-2028 (USD Million)
Advanced Driver Assistance Systems (ADAS) & Safety Systems
Infotainment & Telematics
Body Control & Comfort Systems
Vehicle Type Overview, 2019-2028 (USD Million)
ICE Passenger Car
ICE Light Commercial Vehicle
ICE Heavy Commercial Vehicle
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle and Autonomous Vehicles
Regional Overview, 2019-2028 (USD Million)
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of South America
Enquire for in-depth information before buying this report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/2182
About Us :
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a codeâ€“ Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us :
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX 75204, U.S.A
Phone No.: USA: +1.210.667.2421/ +91 9665341414
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Software Market 2021 Growth Opportunity and Industry Revenue Analysis By Major Players 2026 |NXP Semiconductors N.V., Renesas Electronics Corporation, BlackBerry Limited, Robert Bosch GmbH, Airbiquity, Inc., NVIDIA Corporation, PTC, Inc., and A here
News-ID: 2346896 • Views: 534
More Releases from Adroit Market Research
Agricultural Insurance Market Scenario & Industry Outlook 2021-2028 | QBE Insura …
The global agriculture insurance market size is estimated to be over USD 30 billion by 2022. The rising demand for crops for direct human consumption as well as industrial processes has led to a growth in automation and other modern practices in agriculture. Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/11 Rising incidents of natural calamities across the world has resulted in an increasing number of farmers opting for agriculture insurance to
Online Course Provider Market Scenario & Industry Outlook 2021-2028 | Pluralsigh …
The Global Online course provider market is expected to reach USD 2.25 billion by the year 2025. The market is primarily driven by the growing reputation, reach and brand awareness of online education among students and corporates across the world. New animated, engaging and interactive learning instruments provided to the users facilitate easy access and enhance efficiency. In addition, the market for online courses is anticipated to expand over the next few
Tourism Real Estate Market 2020-2028 Global Analysis & Opportunity Assessment | …
The Global Tourism Real Estate Market research report represents comprehensive study of various factors affecting the market. This market reports provide a complete and accurate analysis of the various business perspectives to shape the future of the company. This market study provides comprehensive data which enhances the understanding, scope and application of this report. Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1006 This report presents a comprehensive overview of the Tourism Real
Soft Skills Training Market 2020-2028 Global Analysis & Opportunity Assessment | …
The Global Soft Skills Training Market research report represents comprehensive study of various factors affecting the market. This market reports provide a complete and accurate analysis of the various business perspectives to shape the future of the company. This market study provides comprehensive data which enhances the understanding, scope and application of this report. Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/912 Soft skills are defined as social and emotional intelligence indicators
More Releases for Vehicle
Fuel Cell Vehicle Market
The report aims to provide an overview of the global Fuel Cell Vehicle Market with detailed market segmentation by technology, vehicle type, and geography. The global fuel cell vehicle market is expected to witness high growth during the forecast period. The fuel cell vehicle market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market. Get Sample Copy of
Electrical Vehicle Business
India is exploring the market acceptance and industry dynamics of the electric vehicles manufacturing and servicing sector, both are at an early stage, as domestic OEMs are just started launching EV models and the acceptance is growing slowly. The government policies like rolling out new taxes and awareness about these vehicles will improve the interests significantly which will accelerate the segment’s profitability. Although India’s CO2 emission levels from electricity generation are
Reliable Vehicle Performance Testing
Grant Squirrel Ensures Safety and Robustness of Product Line CAS DataLoggers provided a major automobile manufacturer with the data logging solution for its rigorous vehicle performance testing. As part of the testing of any new vehicle, sample units were typically subject to a variety of endurance and durability tests to identify any potential weak points or failure modes and chart their performance. To gather the most detailed record of a car’s
Vehicle Tracking Market
Vehicle Tracking Market – Global Industry Analysis and Forecast (2017-2026) – By Product, Vehicle, Technology, Application and Region. Vehicle Tracking Market size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. Vehicle tracking market size is estimated
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand
Vehicle Detectors Market
https://www.qandqmarketresearch.com/reports/7194018/vehicle-detectors-market-104 Vehicle detectors sense the presence of vehicles. They provide an output signal to a control unit, such as a gate or door operator, to open or close. When used as a safety device, vehicle detectors prevent a gate or door from closing on a vehicle. Global Vehicle Detectors market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast