Automotive Software Market Competitive Landscape, Key Country Analysis and Forecasts to 2028

Automotive software helps the user to interact with the hardware of a vehicle and controls the functions of a vehicle. It is also used to improve the dashboard display and ensures the safety of the operator and the passenger as well. It emphases on the growing trend of automotive haptics, and sensor fusion. The intervention of innovative technologies for the advanced user interface is boosting the automotive software market.

Rapid development in technology, adoption of AI in the automotive industry, an increasing number of connected cars, an increase in the use of electronic applications in the vehicle is driving the automotive software market. However, the lack of standard protocols for developing and maintenance of software platforms are restricting market growth. Moreover, for autonomous and semiautonomous vehicle automotive software is inevitable and also over the air (OTA) updates to reduce the recalls are creating ample opportunities for the automotive software market.

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Companies Profiled in this report includes: AImotive, Airbiquity Inc., Elektrobit, Green Hills Software, Luxoft, Microsoft Corporation, NVIDIA Corporation, NXP Semiconductors, Renesas Electronics Corporation, Robert Bosch GmbH

MARKET SEGMENTATION

The global automotive software market is segmented on the basis of application, and vehicle type. Based on application, the market is segmented as ADAS & safety systems, body control & comfort systems, powertrain systems, infotainment systems, communication systems, and telematics systems. On the basis of the vehicle type the market is segmented into passenger vehicles, commercial vehicles, battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV).

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 REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive software market in these regions.

Reason to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Software Market

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the Automotive Software Market, thereby allowing players to develop effective long term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Contact Us:

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Contact Person: Sameer Joshi

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Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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