Automotive Software Market 2021 | Size, Future Scope, Top Vendors, Future Scenario, CAGR Status and Forecast by 2027

 Automotive Software Market Analysis

Automotive Software Market Size To Expand at a Notable CAGR Of 20% During forecast period.

The Global Automotive Software Market as per the new Market Research Future (MRFR) analysis. Automotive software, simply put, is a collected programmable data instruction utilized to perform operations of computer-based in-vehicle applications.

Various factors are fuelling the global Automotive Software Market. According to the recent MRFR market estimates, such factors include rising adoption of ADAS features in cars, growing adoption of connected car services, the intervention of innovative technologies for advanced UI, compliance towards fuel efficiency standards, adoption of electronics-based driving comfort, government safety mandates, growing demand for passenger safety, stringent government regulations associated with vehicle safety, the collaboration of government authorities with automotive software developers, rising internet penetration, and rapid adoption of IoT. Besides, the potential of 5G and artificial intelligence, data monetization, vehicle software development, digital vehicle inspection, and growing developments in autonomous and semi-autonomous driving cars are also adding market growth.

On the contrary, lack of connected infrastructure, lack of standard protocols to develop software platforms, cybersecurity threats, consolidation of ECUs, troubleshooting and maintenance of Automotive Software Market, lack of connected infrastructure, and the ongoing COVID-19 outbreak are factors that may deter the global automotive software development market growth over the forecast period.

Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/7238 

Key Players

Key contenders profiled in the global Global Automotive Software Industry report include Wind River Systems, Inc. (US), Autonet Mobile, Inc. (USA), Green Hills Software (US), Airbiquity Inc. (US), Microsoft Corporation (US), NVIDIA Corporation (US), Elektrobit (Germany), Renesas Electronics Corporation (Japan), BlackBerry (Canada), and NXP Semiconductors (Netherlands).

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global Automotive Software Market based on propulsion, vehicle type, system, and solutions.

By system, the global Automotive Software Market is segmented into telematics system, communication system, infotainment systems, powertrain systems, body control and comfort systems, and ADAS and safety systems. Of these, the ADAS and safety systems will lead the market over the forecast period.

By vehicle type, the global automotive software market is segmented into commercial vehicle and passenger car. Of these, the passenger car segment will dominate the market over the forecast period.

By solution, the global automotive software market is segmented into car safety software, entertainment software, navigation software, and autopilot software.

By propulsion, the global automotive software market is segmented into electric vehicle and ICE vehicle. Of these, the electric vehicle will spearhead the market over the forecast period.

Regional Analysis

By region, the global Automotive Software Market  covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region will dominate the market over the forecast period. Growing automotive infrastructure, rising sales of connected vehicles, increased sales and production of electric cars, demand for safety features in cars, increasing investments by private and public players to develop ICT infrastructure, increased demand for connected devices in South Korea, Japan, and China, presence of tech-savvy population, demand for the connected and safe driving experience, ongoing projects, and strong government initiatives are adding to the global automotive software market growth in the region.

Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-software-market-7238 

In Europe, the global automotive software market is predicted to have the second-largest share over the forecast period. Huge growth prospects for automobiles having advanced driver assistance systems, and the presence of established ICT infrastructure are adding to the global Automotive Software Market growth in the region.

In North America, the global automotive software market is predicted to have healthy growth over the forecast period. The presence of key players including technology giants and automakers, growing vehicle production, rise in connected cars, changing in-vehicle electronics architecture, expansion of leading OEMS, C-V2X technology developments, favorable regulatory framework for self-driving cars, and development of best practices are adding to the global automotive software market growth in the region. The United States possess the utmost share in the market.

In the Rest of the World, the global automotive software market is predicted to have sound growth over the forecast period.

Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Automotive Software Market, By Solution

5.1. Introduction

5.2. Autopilot Software

5.2.1. Market Estimates & Forecast, 2020-2027

Continued………
Ask for your specific company profile and country level customization on reports.

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

Media Contact

Company Name: Market Research Future

Email: sales@marketresearchfuture.com

Phone: +1 646 845 9312

Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar

City: Pune

State: Maharashtra

Country: India

Website: https://www.marketresearchfuture.com

Also Read More From MRFR:
https://www.globenewswire.com/en/news-release/2021/06/23/2251574/0/en/Emergency-Ambulance-Vehicle-Market-to-Rise-at-CAGR-of-4-5-through-2027-Report-by-Market-Research-Future-MRFR.html 
https://www.globenewswire.com/en/news-release/2021/06/23/2251530/0/en/Electric-Vehicle-On-Board-Charger-Market-to-reach-USD-13-8-billion-by-2027-Report-by-Market-Research-Future-MRFR.html 
https://www.globenewswire.com/en/news-release/2021/06/23/2251496/0/en/Electric-Three-Wheeler-Market-to-reach-USD-5-9-Billion-by-2027-Report-by-Market-Research-Future-MRFR.html 
https://www.globenewswire.com/en/news-release/2021/06/21/2250499/0/en/Electric-Car-Rental-Market-to-reach-around-USD-19-Billion-by-2027-at-15-CAGR-Report-by-Market-Research-Future-MRFR.html 
https://www.globenewswire.com/en/news-release/2019/07/31/1894496/0/en/Automotive-Electric-Drivetrain-System-Market-2019-Global-Trends-in-Growing-Industry-Sector-with-Analysis-by-Opportunities-for-Investors-and-Challenges-by-Forecast-Till-2023.html 

Comments

Post a Comment

Popular posts from this blog

Automotive Relay Market 2022 Size, Share, Growth Factors, Major Manufacturers, End Users and Forecast by 2030

  Automotive Relay Market Scenario The  Automotive Relay   Market  is powered by increased automobile safety, increased electronic part count, increased electric vehicle sales and the adoption of advanced technology. The different devices used to improve protection and give passengers in the vehicle comfort include the use of automotive relay. Therefore the rise in the demand for automotive relays is also attributed to the improved safety and comfort program. The increased use of automotive relay in these systems would contribute to more market growth over the forecast period. Transforming the car industry from traditional to electrification, has resulted in the augmented use of electronic components in the vehicles. This will result in increased demand for car relay in passenger and commercial vehicles, which will drive Automotive Relay Market over the forecast period. The increased use of automotive relay in these systems would contribute to more market growth over the forecast
Read more

Green Tire Industry Size, Competitive Landscape, Growth Analysis and Forecast by 2030

  Green Tires Market Overview: Green tires market in terms of value is estimated to register  15% CAGR  during the forecast period. The global market report on the  Green Tire Industry   reveals a possibility of attaining a 20.63% CAGR during the forecast period of 2018 to 2023. The same period will witness a rise in volume by 22.57%. Market Research Future (MRFR) predicts the growth of this market after discussing several factors and dynamics that can transform the market outcome. Among these, reducing fuel consumption, curbing the carbon footprint, improving recyclability, a hike in research funding, participation from big companies, and others are expected to set the market for better prospects. Key Players: The Global Green Tire Industry is getting backing from companies like Bridgestone Corporation, Michelin, Continental AG, Hankook Tire, The Goodyear Tire Rubber Company, Cheng Shin Rubber Ind. Co. Lt. (Cheng Shin Tire), Pirelli C. S.p.A., Zhongce Rubber Group Co., Ltd
Read more

Airless Tires Market 2022 Size, Share, Growth Insights, Top Companies, Future Scenario and Forecast by 2030

Airless Tires Market Highlights: Airless tires market is estimated to reach USD 63.6 million by 2026, registering a 4% CAGR during the forecast period 2022-2030. Airless tires eradicate the need of air pressure in the tires and provide higher durability over conventional tires. The need for improved road safety has led to the development of airless tires in order to prevent the road accidents ratio caused by punctured tires. Increasing necessity of tires that are robust and highly flexible to provide tremendous shock absorbing properties is driving the market demand for airless tires. In addition, OEMs and industry participants are developing eco-friendly tires with the recycled products such as used rubber tires and plastics, delivering a highly durable and puncture proof tires which is anticipated to drive the demand for airless tires. Moreover, greater compatibility of airless tires with commercial vehicles result in increasing ride safety with enhanced traction at low speed. H
Read more