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Automotive Operating System Market Values at $25.8 Billion by 2030

06-03-2024 10:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Automotive Operating System Market  - Global Forecast to 2030

Automotive Operating System Market - Global Forecast to 2030

The automotive operating system market size was valued at USD 12.7 billion in 2022 and is expected to reach USD 25.8 billion by 2030, at a CAGR of 9.2% during the forecast period 2022-2030. Factors such as growing number of ECUs/domain controllers in vehicles, along with the increase in the penetration of ADAS technology in vehicles will boost the demand for the automotive software such as OS. Increase in developments related to autonomous vehicles, in conjunction with rising penetration of electric vehicles will create new opportunities for this market. Companies operating in the market are focusing on product enhancement in order to gain competitive advantage in the global market.

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QNX segment is estimated to have largest share during the forecast period.

The QNX operating system is expected to largest segment in the automotive operating system market during the forecast period. QNX has been the most popular operating system among automobile manufacturers in the past as it has the support of leading cluster UI frameworks and a variety of hardware. In addition, QNX is used for various applications, such as in-vehicle infotainment, cockpit controllers, and ADAS features. QNX also offers the best solutions for the integration of features like navigation, voice recognition, and smartphone connectivity on all major automotive-grade hardware. All these aforementioned factors are expected to bolster the revenue growth of the QNX segment in the global automotive operating system market.

Passenger car segment is expected to account for largest share in the automotive operating system market during the forecast period

The passenger cars segment accounts for the largest share of the automotive operating system market, owing to increased investments toward autonomous mobility, the advent of software-defined cars, growing sales of L2 autonomous vehicles, and rising sales of electric passenger cars. Automotive OEMs such as Tata Motors (India), Hyundai Motor Company (South Korea), Honda Motor Co., Ltd. (Japan), and Ford Motor Company (US) are investing in the electric vehicle segment owing to the increasing demand for EVs.

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"Europe is expected to have noticeable share in the automotive operating system market by 2030."

Europe is expected to have significant growth in the Automotive Operating System Market during the forecast period. Countries considered under this report for Europe are France, Germany, Italy, the UK, Spain, and the Rest of Europe. Europe is home to some of the top Tier I suppliers in the automotive sector, such as Continental AG, Robert Bosch GmbH, and ZF Friedrichshafen AG. The presence of these companies would also contribute to the growth of the European automotive operating system market during the forecast period. The region is among the largest markets for passenger cars, particularly premium cars (C segment and above).

Key Market Players

The automotive operating system market is dominated by major players including BlackBerry Limited (Canada), Automotive Grade Linux (US), Microsoft Corporation (US), Apple Inc. (US), and Alphabet Inc. (US). These companies offer automotive operating system and have strong distribution networks at the global level.

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MarketsandMarkets™ INC.
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