Global Automotive Software Market Trends

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Global Automotive Software Market Size, Share, and Trends Analysis Report Trends

  • ICT
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Rising Demand for Autonomous Driving Systems”

One specific trend driving the growth of the automotive software market is the increasing demand for autonomous driving systems. As automakers and technology companies develop more advanced driver-assistance systems (ADAS), the need for sophisticated software solutions has grown. These systems rely heavily on artificial intelligence (AI) and machine learning algorithms to process vast amounts of data from sensors, cameras, and radar systems. For instance, in April 2024, HARMAN announced that Tata Motors, India’s foremost automobile manufacturer, has chosen the HARMAN Ignite Store as its official in-vehicle app marketplace. This decision aims to provide customers with a seamless, reliable, and safe mobility experience. By offering a range of applications tailored to the needs of users, Tata Motors hopes to expand its market reach and enhance user satisfaction across new geographical regions.

Frequently Asked Questions

The market is segmented based on Segmentation, By Offering (Solutions and Services), Organization Size (Large Scale Organizations, Medium Scale Organization and Small Scale Organization), Software Layer (Operating System, Middleware and Application Software), EV Utility (Charging Management, Battery Management and V2G), Vehicle Type (Passenger Cars, Electric Vehicles, Light Commercial Vehicles and Heavy Duty), End-User (ADAS and Safety Systems, Communication Systems, Infotainment Systems, Body Control and Comfort System, Engine Management and Powertrain, Vehicle Management and Telematics, Autonomous Driving, HMI Application and Others) – Industry Trends and Forecast to 2031 .
The Global Automotive Software Market size was valued at USD 32.45 USD Billion in 2023.
The Global Automotive Software Market is projected to grow at a CAGR of 17.7% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.