Press release
Asia-Pacific Automotive Hypervisor Market to Garner 35.7% of CAGR During 2031
According to the report published by Allied Market Research, the global automotive hypervisor market generated $131.20 million in 2020, and is expected to generate $2.03 billion by 2030, witnessing a CAGR of 31.9% from 2021 to 2030. The report provides a comprehensive analysis of changing market trends, key segments, top investment pockets, value chain, regional scenario, and competitive landscape.Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/12105
Rise of connected infrastructure, adoption of ADAS features in vehicles, and increase in implementation of innovative technologies for advanced user interface (UI) drive the growth of the global automotive hypervisor market. However, high cost of manufacturing and troubleshooting and maintenance activities of automotive software hinder the market growth. On the other hand, data monetization in the extended automotive ecosystem presents new opportunities in the coming years.
Based on vehicle type, the passenger cars segment held the largest share in 2020, accounting for around four-fifths of the total share, and is estimated to continue its lead position during the forecast period. However, the heavy commercial vehicles segment is expected to portray the fastest CAGR of 36.6% from 2021 to 2030.
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Based on region, Europe contributed to the highest share in 2020, accounting for more than one-third of the total share, and is estimated to continue its leadership status by 2030. However, Asia-Pacific is expected to register the largest CAGR of 35.7% during the forecast period.
Leading players of the global automotive hypervisor market analyzed in the research include BlackBerry, IBM, Green Hills, Panasonic Corporation, NXP Semiconductors, Sasken, Renesas Electronics Corporation, Visteon, Siemens AG, and Wind River.
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About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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