Press release
2028 Automotive Hypervisor Industry Report Growth Forecasts
Stratistics MRC’s Global Automotive Hypervisor Market value expected to reach $1,470.45 million growing at a CAGR of 31.2% during 2020-2028.Hypervisor is the virtualization process of hardware that is used to build and operate virtual machines. It consists of the host machine and the guest machine, allowing the different guest operating systems to operate on the same host device at a time. This method isolates the computer's operating system from the actual hardware system. The hypervisor is an embedded technology that has been widely used for the in-vehicle infotainment application in the automotive industry. It is a hardware virtualization technology capable of running multiple virtual machines through operating system (OS) on a host system.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing per capita income in emerging economies such as China and India. This is expected to lead to increased sales of passenger cars, subsequently propelling the growth of the market. The low costs of labor for mass production of vehicles have encouraged manufacturers to set up production plants in this region. Moreover, the entries of local players with innovative models in the developing markets are expected to further drive the growth of the Asia Pacific regional market.
Some of the key players profiled in the Automotive Hypervisor Market include BlackBerry, Continental AG, DENSO Corporation, Green Hills Software, Hangsheng Technology GmbH, Harman International, IBM Corporation, Luxoft, Nutanix, NXP Semiconductors, OpenSynergy GmbH, Panasonic Corporation, Qualcomm Technologies, Inc, Renesas Electronics Corporation, Sasken Technologies Ltd, Siemens Digital Industries Software, SYSGO GmbH, Tata Elxsi, Texas Instruments Incorporated, The Qt Company, Visteon Corporation, VMware, Inc, and Wind River Systems, Inc.
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