Global Automotive Software Market is expected to witness a CAGR of 18.25% in the forecast period in 2019-2026, resulting in a rise of its initial estimated value of USD 18.58 growing to a projected value of USD 71.03 billion by 2026. This rise in market value can be attributed to the innovations and advancements
To stay ahead of the competition, a thorough idea about the competitive landscape, their product range, their strategies, and future prospects are very valuable. The meticulous efforts accompanied with integrated approaches results into an excellent market research report that drives the decision making process of the business. This automotive software market report provides with CAGR value fluctuation during the forecast period of 2019-2026 for the market. To figure out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behaviour, the finest market research report is very essential.
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Automotive software market research report works as a best solution to know the trends and opportunities in the automotive industry. Automotive software market research report has been framed with the most excellent and superior tools of collecting, recording, estimating and analysing market data. This report gives broader perspective of the market place with its all-inclusive market insights and analysis. The information, statistics, facts and figures delivered via this report helps companies in automotive industry to maximize or minimize the production of goods depending on the conditions of demand. In the automotive software report; a meticulous investment analysis is given which forecasts forthcoming opportunities for the market players.
Few of the major competitors currently working in the automotive software market are Renesas Electronics Corporation, Elektrobit, Vector Informatik GmbH, AImotive, Rightware, Wind River Systems Inc., Microsoft, NXP Semiconductors, Airbiquity Inc., Green Hills Software, LUXOFT, KPIT, Sigma Software, Google, NVIDIA Corporation, Robert Bosch GmbH, QNX Software Systems Limited, Autonet Mobile Inc., SafeRide.io and Apple Inc.
Competitive Analysis: Global Automotive Software Market
Global automotive software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive software market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Increased levels of demand for adoption of electronics in the vehicles requiring integration and operating systems for its usage
Increased levels of connected vehicles due to the prevalence of IoT
Absence of any set standard protocols for the development of products; this factor is expected to act as a restraint to the market growth
Lack of knowledge and expertise in repairing and maintaining the automotive software
Table of Contents
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Market Size and Forecast by Type
Chapter 6. Market Size and Forecast by Application
Chapter 7. Global automotive software market, by Geography
Chapter 8. Competitive Analysis
Chapter 9. Company Profiles and Strategic Developments
Chapter 10. Appendix
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Global Automotive Software Market Segmentation:
(Advanced Driver Assistance Systems (ADAS) & Safety Systems,Infotainment Systems,TelematicsSystems,Body Control & Comfort Systems,Communication Systems,PowertrainSystems)
By Vehicle Type
(Passenger Vehicles,A-Segment,B-Segment,C-Segment,D-Segment,E-Segment,FSegment,CommercialVehicles,Light Commercial Vehicles,Heavy Commercial Vehicles)
By Electric Vehicle
(Plug-In Hybrid Electric Vehicle (PHEV),Battery Electric Vehicle (BEV),Hybrid Electric Vehicle (HEV))
(North America,South America,Europe,Asia-Pacific,Middle East & Africa)
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market Segmentation
Competitive analysis of the key players involved
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Key Developments in the Market:
In June 2018, QNX Software Systems Limited announced that they had launched three new automotive software products that have been safety certified and will help overcome the challenge of complying with the ISO 26262 safety standard. The products, “QNX Hypervisor for Safety”, “QNX Platform for ADAS 2.0”, “QNX OS for Safety 2.0”.
In January 2017, QNX Software Systems Limited announced the launch of their most advanced and secure automotive operating system, “QNX Software Development Platform 7.0”.
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