Automotive Software - Global Strategic Business Report

Report
812 Pages
July 2024
Region: Global
Global Industry Analysts, Inc
ID: 1824119

The global market for Automotive Software is estimated at US$19.3 Billion in 2023 and is projected to reach US$39.4 Billion by 2030, growing at a CAGR of 9.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Application Software segment, which is expected to reach US$22.8 Billion by 2030 with a CAGR of 10%. The Middleware segment is also set to grow at 8.8% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $3 Billion in 2023, and China, forecasted to grow at an impressive 10.9% CAGR to reach $11.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Automotive Software Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Software Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Automotive Software Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Apple, Inc., Accenture PLC, Adobe Inc., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 175 Featured):

Apple, Inc.
Accenture PLC
Adobe Inc.
Amazon Web Services, Inc.
Akamai Technologies, Inc.
ANSYS, Inc.
Airbiquity, Inc.
Access Co., Ltd.
Altair Engineering, Inc.
Airmax Group Ltd.
American Digital Cartography, Inc.
AImotive
Airlinq, Inc.
AplusB Software Corporation
Accord Global Technology Solutions Private Limited

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

An Introduction to Automotive Software
Types of Software Technologies
Applications of Automotive Software in Vehicles
Industry Standards
Rising Integration of Advanced Technology in Vehicles Scripts Phenomenal Growth Story for Automotive Software Market
Connectivity as New Buzzword Augments Growth of Automotive Software Market
Influx of New Technology Continues Fueling Growth
Impediments to Market Growth
Application Software Emerges as the Largest Segment
World Automotive Software Market by Product: Percentage Breakdown of Sales for Application Software, Middleware, and Operating System (2021 & 2027)
Adoption of Safety Systems Continue Fueling Market Growth
World Automotive Software Market by Application (2021 & 2027): Percentage Breakdown of Sales for Safety Systems, Infotainment & Telematics, Powertrain, and Other Applications
Passenger Cars Remain Primary Growth Segment
World Automotive Software Market by End-Use: Percentage Breakdown of Sales for Passenger Cars, and Commercial Vehicles (2021 & 2027)
Developing Economies to Spearhead Future Growth
World Automotive Software Market - Geographic Regions Ranked by CAGR (Value) for the Period 2020-2027
Competition
With Software Poised to Drive Profits, Car Makers Making Moves to Transform into Software/Tech Enterprises
Automotive Software - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
World Brands
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Automobile Electronification: The Cornerstone for the Evolution of Software Solutions
Increasing Electronic Content in Automobiles & the Resulting Proliferation of Smart Components and Subassemblies Provides the Platform for the Growth of Software: Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030
Continued Proliferation of Digital Technologies Maintains Progressive Tide in the Automotive Software Market
Virtualization - Key to Overcoming Challenges
With Advanced Technologies Making a Big Impact on Automotive Sector, Automotive Software Set to Widen its Footprint
Sustained Refinements to Business Models Set to Scale the Importance of Automotive Software
Automakers Revise Strategies to Leverage Opportunities in the Automotive Software Space
Over the Air (OTA) Software Updates for Cars: The Next Stage of Software Evolution
As the Automotive Industry Takes its Next Technology Leap, Auto OEMs Focus Shifts Towards Building a Smart Software Platform Strategy: Global Number of OTA Enabled Cars On Road (In Million) by Segment for the Years 2019 and 2025
Changing Automotive Revenue Streams Bring-Out Software Expertise as the Core Competency for Auto OEMs
Falling Growth in New Car Sales Shifts OEM Focus to New Revenue Streams
Shift towards Recurring Revenue Streams Makes “Software” an Indispensable Platform for Service Provisioning
Automobile Industry’s Migration towards New Recurring Revenue Streams to Make Software the Platform for Enabling In-Car Services: Global % Breakdown of Automobile Industry’s Profits by Revenue Streams for the Years 2017 & 2030
Pandemic Drives Auto Industry to Use Innovative Technologies, Presenting Growth Opportunities
As the Fuel that Powers the Era of Connected Cars, Automotive Software is Poised to Gain Richly From the Exploding Growth of Connected Car Services
Global Connected Cars Market (In US$ Billion) for the Years 2021, 2023 and 2025
Rise in Production of New Vehicles with Built-in Connectivity to Support Automotive Software Market: % of New Vehicles with In-Built Connectivity for 2021 and 2030
Infotainment Systems as the Touchpoint for Connectivity, Becomes the Hotbed for Software Development Activity
As Cars Evolve into Software Defined Machines, the Importance of Automotive Software Platforms Gathers Force: Global Automotive Infotainment System Sales Breakdown by Operating System (in %) for 2017 and 2022
Evolving Role of V2X to Further Enhance the Importance of Automotive Software
Telematics Software: A Key Component in Modern Automotive Vehicles
Global Vehicle Telematics Market Size (in US$ Billion) for the Years 2020, 2023 and 2026
Autonomous Cars: A Landmine of Growth Opportunity for Automotive Software
Autonomous Vehicles Commercialization & Technology Penetration Timeline
Technological Forces Driving Autonomous Car Segment
Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
Critical Need for Sensor Fusion in Automobiles Steps Up the Importance of Software
Automotive HMI: A Rich Application Area for Software
Growing Market for Automotive Human Machine Interface (HMI) Solutions to Expand the Addressable Market Opportunity for HMI Software: Global Market for Automotive HMI (In US$ Billion) for the Years 2020, 2022, 2024 and 2026
Migration towards Automatic Transmission Systems Drives the Importance of Software and Algorithms for Transmission Control Systems
Rise of X-By-Wire Technologies Offers Opportunities for Software to Increasingly Replace Mechanical & Hydraulic Components
Growing Popularity of Drive-by-Wire Systems Places Emphasis on Software Reliability for Developing Fault Tolerant Systems: Global Market for X-By-Wire Systems (In US$ Billion) for the Years 2021, 2023, 2025 and 2027
Strong Adoption of ADAS Accelerates the Indispensability of Software
Strong Sales of ADAS Expands the Use Case Scenario for Advanced Software Platforms Including ADAS Operating System & Middleware: Global Advanced Driver Assistance System (ADAS) Market Size in US$ Billion for the Years 2021, 2023, 2025 & 2027
Adoption of On-Board Vehicle Health Monitoring & Diagnostic System Drives Growth
Safety Regulations Step-Up the Pressure on Software
TPMS Regulations Drives Demand for Software Driver Components
Fuel Management and Safety Standards Drives Automotive Engine Management Systems Market
Airbag Technology Widens the Prospects for Automotive Software
OEMs Focus on Reducing Software Development Costs
Electric Cars Promise High Volume of Software Deployments
Major Challenges Confronting Development of EV Software Solutions
Automotive Innovations to Accelerate with 5G’s Launch
Cloud Environment Offers the Benefit of Reduced Development Cycle Times for Automotive Software Solutions
Automotive Software Outsourcing Rises in Popularity
Software Solutions for the Mobility Industry Facilitate Performance Enhancements
Key Trends in Automotive Software Verification and Validation
Role of Open Standards in Advancing Automotive Industry
Increase in Software Content Raises the Risk of Failure & Difficulty in Repairing
Cybersecurity & Compliance: Red Hot Button Issues for Automotive Software Market
Major Software Challenges in the Automotive Industry
Vulnerabilities in Automotive Supply Chain Expose Security Threat to Software-Enabled Systems
Can Hardware Solve Next-Gen Architecture’s Major Challenges?

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Automotive Software Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
Table 2: World Recent Past, Current & Future Analysis for Automotive Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Automotive Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 4: World 16-Year Perspective for Automotive Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2014, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Application Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Application Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 7: World 16-Year Perspective for Application Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Middleware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Middleware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 10: World 16-Year Perspective for Middleware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Operating System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Operating System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 13: World 16-Year Perspective for Operating System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Safety Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Safety Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 16: World 16-Year Perspective for Safety Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 17: World Recent Past, Current & Future Analysis for Infotainment & Telematics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 18: World Historic Review for Infotainment & Telematics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 19: World 16-Year Perspective for Infotainment & Telematics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 20: World Recent Past, Current & Future Analysis for Powertrain by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 21: World Historic Review for Powertrain by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 22: World 16-Year Perspective for Powertrain by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 23: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 24: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 25: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 26: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 27: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 28: World 16-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 29: World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 30: World Historic Review for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 31: World 16-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)

CANADA

Automotive Software Market Presence - Strong/Active/Niche - Key Competitors in Canada for 2022 (E)

JAPAN

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)

CHINA

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)

EUROPE

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)

FRANCE

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)

GERMANY

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)

ITALY

UNITED KINGDOM

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)

INDIA

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Automotive Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)

BRAZILMEXICOREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Apple, Inc.
Accenture PLC
Adobe Inc.
Amazon Web Services, Inc.
Akamai Technologies, Inc.
ANSYS, Inc.
Airbiquity, Inc.
Access Co., Ltd.
Altair Engineering, Inc.
Airmax Group Ltd.
American Digital Cartography, Inc.
AImotive
Airlinq, Inc.
AplusB Software Corporation
Accord Global Technology Solutions Private Limited

Table Information

Report Attribute	Details
No. of Pages	812
Published	July 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 19.3 Billion
Forecasted Market Value ( USD ) by 2030	$ 39.4 Billion
Compound Annual Growth Rate	9.3%
Regions Covered	Global

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Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 175 Featured):

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Table of Contents

Companies Mentioned (Partial List)

Table Information

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