Automotive Software Market to Witness Notable Growth by Forecast Demand | 2030

Data Bridge Market Research analyses that the Automotive Software Market will exhibit a CAGR of 17.7 % for the forecast period of 2021-2028. Therefore, the Automotive Software Market value would stand tall by USD 86,283.47 million by 2029.

Here are some brief descriptions of the segments mentioned:
Offerings:
Operating System (OS): the software that manages the basic functions of the vehicle, such as controlling the powertrain and handling communication between different components and systems.
Middleware: software that connects different software components, allowing them to communicate with each other and work together seamlessly.
Application Software: software that provides specific functions or features to the user, such as infotainment, navigation, or driver assistance.
Organization Size:
Small and Medium Enterprises (SMEs): companies with fewer than 500 employees.
Large Enterprises: companies with more than 500 employees.
Software Layer:
Human Machine Interface (HMI): the interface that allows the user to interact with the vehicle, including displays, controls, and voice commands.
Advanced Driver Assistance Systems (ADAS): software that assists the driver in various ways, such as lane departure warning, adaptive cruise control, and automatic emergency braking.
Telematics: software that provides connectivity and communication between the vehicle and external systems, such as GPS, cellular networks, and other vehicles.
Infotainment: software that provides entertainment and information to the user, such as music, video, and internet access.
EV Utility:
Battery Management System (BMS): software that manages the battery system in an electric vehicle, including monitoring the state of charge, temperature, and health of the battery cells.
Powertrain System: software that controls the electric motor, transmission, and other components in an electric vehicle.
Other Systems: software that manages other systems in an electric vehicle, such as climate control and lighting.
Vehicle Type:
Passenger Cars: vehicles designed for personal transportation, including sedans, SUVs, and hatchbacks.
Commercial Vehicles: vehicles designed for commercial use, including trucks, buses, and vans.
End-user:
Original Equipment Manufacturers (OEMs): companies that manufacture vehicles and sell them under their own brand name.
Aftermarket: companies that provide software and services to upgrade or customize vehicles after they have been sold by the OEM.

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