Press release
Automotive Software Market to reach USD 409.29 Bn by 2029, Latest Advancements and Growth Opportunities
Automotive Software Market
Automotive Software Market Report Scope and Research Methodology
Automotive software is a collection of programmable instructions used in performing various operations of computer-based in-vehicle applications, such as infotainment, body control, comfort, and telematics. The growing need for car-to-car communication is expected to drive the automotive software market in the coming years. Additionally, the popularity of applications such as autonomous driving, connected vehicles, powertrain electrification, and shared mobility is mutually reinforcing trends in the automotive industry.
The report details the research methodology used in gathering primary and secondary data, which included interviews with experts from the automotive and IT industries, suppliers, representatives from manufacturing Tier 1 and Tier 2 companies, and OEMs. Secondary sources such as the International Organization of Motor Vehicle Manufacturers (OICA), the China Association of Automobile Manufacturers (CAAM), and others were also consulted.
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Automotive Software Market Dynamics
The report provides insights into the dynamics driving the market, including advancements in 5G and AI technology, which are driving the automation software market. Furthermore, it identifies the lack of connected infrastructure as a significant restraint on the growth of the automotive software market.
Based on vehicle type, software services are more prevalent in passenger cars than commercial vehicles, and the passenger car segment is expected to dominate the automotive software market during the forecast period. The strong demand for highly advanced applications such as ADAS and connected services is driving up demand for automotive software in passenger cars in developed countries.
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Automotive Software Market Regional Insights
The report provides regional insights, detailing the major regions contributing to the growth of the market, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Automotive Software Market Segmentation
By Vehicle type:
• Passenger car
• LCV
• HCV
By Application:
• ADAS & Safety Systems
• Body Control & Comfort System
• Powertrain System
• Infotainment System
• Communication System
• Vehicle Management & Telematics
• Connected Services
• Autonomous Driving
• HMI Application
• Biometrics
• Remote Monitoring
• V2X System
By Software layer:
• Operating System
• Middleware
• Application software
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Automotive Software Market Key Competitors include:
• ATEGO SYSTEMS INC. (PTC)(Myanmar)
• Autonet,(South Africa)
• Blackberry(Canada)
• Wind River(US)
• Microsoft(US)
• ACCESS, Broadcom(US)
• Google(US)
• Green Hills Software(US)
• MontaVista Software(US)
• Mentor Graphics(US)
• Airbiquity(US)
• Texas Instruments(US)
• Adobe Systems (Adobe).(US)
• PTC Inc.(US)
• NXP Semiconductors(Netherlands)
• Renesas Electronics(Japan)
• Dassault Systems(France)
• Intellias Ltd.(Ukraine)
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Table of Content for Automotive Software Market
Global Automotive Software Market: Research Methodology
Global Automotive Software Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive Software Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Automotive Software Market Segmentation
Global Market, by Vehicle type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Software layer (2021-2029)
Regional Automotive Software Market (2021-2029)
Regional Market, by Vehicle type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Software layer (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Vehicle type, Application and Software layer
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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