AUTOMOTIVE SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Automotive Software Market, By Vehicle Type (Passenger car, LCV, and HCV), By Software Layer (Operating System, Middleware, and Application software), By EV Application (Charging Management, Battery Management, and V2G), By Offering Solutions and Services), 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, and V2X System), By Organization Size (Large Scale Organizations, Medium Scale Organization, and Small Scale Organization), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024
Code : CMI6985
Pages :140
Formats :
Excel and PDF
Industry : Smart Technologies

Market Concentration and Competitive Landscape

Automotive Software Market Concentration By Players

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Increasing Electronic Content and Software-Defined Vehicles

Modern vehicles today contain over 100 million lines of code on average and this figure continues to multiply rapidly with each new model year. The rising electronic and software content in automobiles is being driven by the increasing adoption of ADAS, infotainment and electrification technologies. Advanced automated driving features require more robust and customizable software platforms that can be continually updated. New vehicle platforms are also being developed with centralized domain controllers to consolidate software control over formerly standalone electronic control units. Building vehicles with high degrees of software-defined flexibility allows automakers to streamline the development process and more frequently roll out new features and personalization options through remote updates.

Furthermore, the introduction of electric and hybrid powertrains has made vehicles even more dependent on advanced software systems for battery management, power optimization and regenerative braking control.

Key Players