India's Automotive Software Market is estimated to be USD 1.03 Bn in 2023 and is expected to reach USD 2.17 Bn by 2028, growing at a CAGR of 16.09%.Currently running its software inside 215 million vehicles worldwide, BlackBerry QNX BlackBerry is expanding its footprint in India's automotive market
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentations
The India’s Automotive Software Market is segmented based on Vehicle Type, EV Applications, Applications, and End-Users.- By Vehicle Type, the market is classified into Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle.
- By EV Applications, the market is classified into Charging Management, Battery Management, and V2G.
- By Applications, the market is classified into DAS & Safety Systems, Body Control & Comfort System, Engine Management & Powertrain, Infotainment System, Communication Systems, Connected Services, Autonomous Driving, HMI Applications, Biometrics System, and V2X System.
- By End-Users, the market is classified into Safety and Security, Infotainmanet and Instrument Cluster, Vehicle Connectivity, and Other.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are BlackBerry Ltd., Bose Corp., Cox Automotive, Inc., Delphi Technologies, Elektrobit Pvt. Ltd., Intellias, etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the India’s Automotive Software Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the India’s Automotive Software Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the India’s Automotive Software Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Adoption of ADAS Features in Vehicles
4.1.2 Increasing Penetration of 5G and AI
4.1.3 Increasing Adoption of Electric, Autonomous, and Connected Vehicles
4.2 Restraints
4.2.1 Lack of Standard Protocols to Develop Software Platforms
4.2.2 Lack of Connected Infrastructure
4.3 Opportunities
4.3.1 Growing Developments in Semi-Autonomous and Autonomous Vehicles
4.3.2 SOTA Updates to Reduce Vehicle Recalls
4.4 Challenges
4.4.1 Troubleshooting and Maintenance Concern
4.4.2 Risk of Cybersecurity
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 India’s Automotive Software Market, By Vehicle Type
6.1 Introduction
6.2 Passenger Cars
6.3 Light Commercial Vehicle
6.4 Heavy Commercial Vehicle
7 India’s Automotive Software Market, By EV Applications
7.1 Introduction
7.2 Charging Management
7.3 Battery Management
7.4 V2G
8 India’s Automotive Software Market, By Applications
8.1 Introduction
8.2 DAS & Safety Systems
8.3 Body Control & Comfort System
8.4 Engine Management & Powertrain
8.5 Infotainment System
8.6 Communication Systems
8.7 Connected Services
8.8 Autonomous Driving
8.9 HMI Applications
8.10 Biometrics System
8.11 V2X System
9 India’s Automotive Software Market, By End-Users
9.1 Introduction
9.2 Safety and Security
9.3 Infotainment & Instrument Cluster
9.4 Vehicle Connectivity
9.5 Other
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Allygrow Technologies Pvt. Ltd.
11.2 Alpine Electronics Inc.
11.3 BlackBerry Ltd.
11.4 Bose Corp.
11.5 Cox Automotive, Inc.
11.6 Delphi Technologies
11.7 Elektrobit Pvt. Ltd.
11.8 Intellias
11.9 GlobalLogic
11.10 Hella India Pvt. Ltd.
11.11 Honeywell International Inc.
11.12 NXP Semiconductors N.V.
11.13 Renesas Electronics Corp.
11.14 Robert Bosch GmbH
11.15 Samsung Electronics Co., Ltd.
11.16 Volvo Cars
12 Appendix
12.1 Questionnaire
Companies Mentioned
- Allygrow Technologies Pvt. Ltd.
- Alpine Electronics Inc.
- BlackBerry Ltd.
- Bose Corp.
- Cox Automotive, Inc.
- Delphi Technologies
- Elektrobit Pvt. Ltd.
- Intellias
- GlobalLogic
- Hella India Pvt. Ltd.
- Honeywell International Inc.
- NXP Semiconductors N.V.
- Renesas Electronics Corp.
- Robert Bosch GmbH
- Samsung Electronics Co., Ltd.
- Volvo Cars
