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Automotive Software Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Automotive Software Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global automotive software market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global automotive software market to grow with a CAGR of 11.3% over the forecast period of 2018-2024. The study on automotive software market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

Automotive software has been used in the auto industry for years. Software has helped automotive industry to achieve many outstanding advancements. Use of Automotive software not only improved dashboard displays but also played a pivotal role in improving safety systems, infotainment, control systems and many others car features. The use of automotive software in cars has allowed for more complex systems, while increasing functionality without raising costs. Software has allowed for improved circuit analysis and behavioral modeling on a large scale for motors and other major systems.

The demand for the automotive software is increasing on account increasing demand for advance driver assistance system, high demand for automated and electrified vehicles and rising demand for vehicle application such as remote vehicle diagnostics, automatic crash notification and emergency assistance. In addition, increased demand for premium cars has also resulted to boost the automotive software market. However, the increasing complexity in software architecture, leads to higher production costs for OEMs & suppliers that acts as a restraint for the market growth. Moreover, mandatory installation of the eCall systems and the installation of rear-view cameras in all vehicles, in order to reduce back-over accidents will further boost the growth of the market in near future.

Geographically, Europe dominated the automotive software market in 2017, in terms of revenue. Increased demand for advance driver assistance systems in vehicles, particularly in European countries as well as presence of established ICT infrastructure has led to the dominance of Europe in automotive software market. Other regions such as Asia Pacific and North America are anticipated to grow at the significant CAGR, during the forecast period.

The report on automotive software market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global automotive software market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global automotive software market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global automotive software market is segmented on the basis of vehicle type, product type and application.

Global Automotive Software Market by Vehicle Type
Passenger Vehicle
Commercial Vehicles
Electric Vehicle
Global Automotive Software Market by Product Type
Operating System
Middleware
Application Software
Global Automotive Software Market by Application
Safety System
Infotainment And Telematics
Powertrain
Chassis

Company Profiles
Renesas Electronics
Texas Instruments
Microsoft Corporation
NXP Semiconductors
Adobe Systems
Wind River systems Inc
Green Hills Software
MontaVista Software, LLC
Autonet Mobile, Inc.
Google
Airbiquity

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of automotive software market.
2. Complete coverage of all the segments in automotive software market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global automotive software market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on automotive software market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global automotive software market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Company Profiles
Renesas Electronics
Texas Instruments
Microsoft Corporation
NXP Semiconductors
Adobe Systems
Wind River systems Inc
Green Hills Software
MontaVista Software, LLC
Autonet Mobile, Inc.
Google
Airbiquity

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