Automotive Software Market 2023-2029 Forecast: Driving Innovations in Connected and Autonomous Vehicle Technologies

Comprehensive Overview of the Automotive Software Industry

Maximize Market Research's thorough research report provides invaluable insights into the “Automotive Software Market”. Focused on key players, market segments, business strategies, regional expansions, production specifics, pricing, and cost structures, this report offers a user-friendly, comprehensive understanding of market dynamics and influential factors driving industry growth and development. It delves into top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors, facilitating a comprehensive analysis of the Automotive Software market.

The Estimated Growth of Automotive Software Market :

Automotive Software Market size was valued at USD 256.56 Bn. in 2022 and the total revenue is expected to grow at 6.9% through 2022 to 2029, reaching USD 409.29 Bn.

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The Automotive Software Market Report's In-Depth Study And Methodology :

The comprehensive Automotive Software market report details various applications and key strategies employed within the market, analyzing driving and restraining factors, market trends, volume, cost, share, supply and demand, and product analysis. The report combines qualitative and quantitative data sourced from primary research, free and paid databases, surveys, Google forms, and more. Rigorous examination utilizing tools like SWOT and PESTLE analysis enables deeper insights into the Automotive Software market dynamics and outlook.

Automotive Software Market Divisibility :

The report delineates the segmentation of the Automotive Software market.

by Vehicle type

Passenger car

LCV

HCV

Depending on the Type of Vehicle: In industrialised nations, there is a growing need for automotive software in passenger automobiles due to the increased demand for sophisticated applications like ADAS and connected services. The major company implemented the approach in response to the growing need for sophisticated applications for the automobile industry.

Since passenger cars are more likely than commercial vehicles to have software services, the passenger car sector is anticipated to hold a dominant market share in the automotive software industry over the forecast period.

For instance, in February 2021, automotive technology company Savari Inc. (US) was acquired by Harman International (US). Savari Inc. creates vehicle-to-everything communication technology for 5G Edge and automotive devices. The need for passenger automobiles with cutting-edge services has been spurred by rising disposable income in Asia Pacific developing nations.

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

According to Application: Over the course of the forecast period, the automotive software market's fastest-growing application will be the power train segment. Powertrain technology uses software and data to increase performance and fuel efficiency in electric, hybrid, and conventional internal combustion engines. It does this by utilising onboard sensors and external connectivity through vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-everything (V2X) technologies.

Utilise connected powertrain data from nearby cars (V2V) and traffic signals (V2I) to reduce acceleration and provide a speed profile that uses less energy. On top of currently available off-the-shelf navigational services, fuse powertrain dynamics layer presents energy-optimal routes tailored to vehicle powertrain and driver behaviour.

by Software layer

Operating System

Middleware

Application software

An operating system (OS) acts as a link between computer hardware and application programmes, according to the Software Layer. This restricts how an application can use hardware by making it follow guidelines established by the operating system.

Services that facilitate app development and execution are also included in the operating system. These services involve handling all of the hardware resources that the application will require, including memory loading, sensor and actuator communication, results storage, and a host of other operations.

by EV application

Charging Management

Battery Management

V2G

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Automotive Software Market-Related Perspectives

A regional analysis in the Automotive Software market research report offers insights into geographic variations within the Automotive Software market. This analysis typically includes a precise examination of market trends, competitive landscapes, consumer behavior, and regulatory environments in each region.

Automotive Software Market Principal Entities :

Key players within the Automotive Software market are thoroughly analyzed in the report.

1. ATEGO SYSTEMS INC. (PTC)(Myanmar)

2. Autonet,(South Africa)

3. Blackberry(Canada)

4. Wind River(US)

5. Microsoft(US)

6. ACCESS, Broadcom(US)

7. Google(US)

8. Green Hills Software(US)

9. MontaVista Software(US)

10.Mentor Graphics(US)

11.Airbiquity(US)

12.Texas Instruments(US)

13.Adobe Systems (Adobe).(US)

14.PTC Inc.(US)

15.NXP Semiconductors(Netherlands)

16.Renesas Electronics(Japan)

17.Dassault Systems(France)

18.Intellias Ltd.(Ukraine)

Section Heading: Automotive Software Industry

Part 01: Executive Summary

Part 02: Scope of the Automotive Software Market Report

Part 03: Automotive Software Market Landscape

Part 04: Automotive Software Market Sizing

Part 05: Automotive Software Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key Offerings:

• Historical 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 Segments | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – Detailed Analysis by Segment with Sub-segments and Region
• Competitive Landscape – Profiles of Selected Key Players by Region from a Strategic Perspective
• 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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