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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Automotive Software Market Outlook

The global automotive software market size reached approximately USD 30.73 billion in 2023. The market is assessed to grow at a CAGR of 15.1% between 2024 and 2032 to attain a value of around USD 108.96 billion by 2032.

Key Trends in the Market

Automotive software refers to software solutions that are used in vehicles for upgrading various features and enhancing the safety of drivers and passengers. Such solutions manage interaction with in-vehicle hardware to enhance the functionality of vehicles. Moreover, automotive software offers various benefits such as ease of usage, streamlined key entries, secure and comfortable driving experiences, and fuel efficiency.

  • Software plays an integral role in facilitating the development, testing, safety, and performance of ADAS systems and autonomous vehicles. The automotive software market demand is being driven by the rising adoption of autonomous-driving and advanced driver assistance systems (ADAS) vehicles, supported by evolving customer preferences.
  • The introduction of stringent government regulations aimed at enhancing the safety of vehicles is one of the prominent automotive software market trends. Vehicles are increasingly equipped with advanced driver assistance technologies, sophisticated warning systems, and high-precision sensors that can reduce the risk of accidents.
  • Technological advancements and innovations in automotive software are expected to improve the fuel efficiency of vehicles, enable them to leverage high-speed networks to gain real-time information, and improve interconnectivity between vehicles. Moreover, increasing investments in R&D activities by manufacturers to develop innovative software solutions that can offer customisation options to vehicle owners are likely to aid the automotive software market growth in the coming years.

Global Automotive Software Market

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Global Automotive Software Market Analysis

Based on application, the market is segmented into safety system, infotainment and telematics, powertrain, and chassis. On the basis of product, the market can be divided into operating system, middleware, and application software.

By vehicle type, the automotive software market segmentation includes ICE passenger vehicles, ICE light commercial vehicle, ICE heavy commercial vehicle, battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, and autonomous vehicle. The major regional markets for automotive software include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive software market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

  • BlackBerry Limited
  • KPIT Technologies Limited
  • Google LLC
  • Samsung Electronics Co., Ltd.
  • GlobalLogic Inc.
  • NVIDIA Corporation
  • Green Hills Software LLC
  • Wind River Systems, Inc.
  • CARIAD SE
  • Sigma Software LLC
  • Elektrobit Automotive GmbH
  • Microsoft Corporation

Global Automotive Software Market By Segment

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Market Share by Application

As per the global automotive software market analysis, safety systems account for a substantial market share. With the increasing number of road accidents, governments globally are introducing stringent measures and mandating the use of emergency braking systems and collision warning systems, among other equipment, to boost the safety of vehicles. Moreover, the increasing launch of safety systems with improved capabilities and advanced sensors is anticipated to expand the car software market share in the coming years.

Market Share by Region

The Asia Pacific holds a major portion of the global automotive software market share, supported by the growing vehicle ownership. Countries like Japan and China are some of the leading automotive manufacturers, which is further surging the deployment of software solutions. In addition, the increasing number of connected vehicles on the road and the rising demand for vehicles with advanced features are positively impacting the market growth.

In the forecast period, investments in advanced technologies by OEMs and the surging demand for electric vehicles are likely to favour the software market for automotive industry.

Global Automotive Software Market By Region

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Competitive Landscape

BlackBerry Limited was founded in 1984 as Research In Motion (RIM), and since has emerged as a prominent cybersecurity company. Its services and products are deployed by governments, businesses, and safety-critical institutions. The Canadian company is headquartered in Waterloo, Ontario, and it is a leader in managing, optimising, and securing intelligent endpoints.

KPIT Technologies Limited is a prominent software integration partner of the mobility and automotive sector, with its headquarters in Maharashtra, India. The company supports the development of smart, safe, and clean mobility, and aims to drive the development of software-defined vehicles. With its engineering centres across China, Thailand, Europe, India, and the USA, it has emerged as a leading embedded software player with deep domain expertise.

GlobalLogic Inc. is an American digital product engineering company that is a part of Hitachi Group Company. With its headquartered in Silicon Valley, California, the company’s products and solutions are utilised in various sectors like financial services, automotive, healthcare and life sciences, semiconductor, communications, and manufacturing, among others.

Other automotive software market players include Google LLC, Samsung Electronics Co., Ltd., NVIDIA Corporation, Green Hills Software LLC, Wind River Systems, Inc., CARIAD SE, Sigma Software LLC, Elektrobit Automotive GmbH, and Microsoft Corporation.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Product
  • Vehicle Type
  • Region
Breakup by Application
  • Safety System
  • Infotainment and Telematics
  • Powertrain
  • Chassis
Breakup by Product
  • Operating System
  • Middleware
  • Application Software
Breakup by Vehicle Type
  • ICE Passenger Vehicle
  • ICE Light Commercial Vehicle
  • ICE Heavy Commercial Vehicle
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-In Hybrid Electric Vehicle
  • Autonomous Vehicles
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BlackBerry Limited
  • KPIT Technologies Limited
  • Google LLC
  • Samsung Electronics Co., Ltd.
  • GlobalLogic Inc.
  • NVIDIA Corporation
  • Green Hills Software LLC
  • Wind River Systems, Inc.
  • CARIAD SE
  • Sigma Software LLC
  • Elektrobit Automotive GmbH
  • Microsoft Corporation

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 30.73 billion.

The market is assessed to grow at a CAGR of 15.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 108.96 billion by 2032.

The major market drivers are the growing focus to improve the driving experience and passenger safety, the increase in the number of connected autonomous cars, and growing vehicle production.

The key trends propelling the market growth include technological advancements and innovations, rapidly transforming in-vehicle electronics architecture, and increasing sales and production of electric vehicles. 

The major regions in the automotive software market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different applications of automotive software are safety system, infotainment and telematics, powertrain, and chassis.

The major players in the market are BlackBerry Limited, KPIT Technologies Limited, Google LLC, Samsung Electronics Co., Ltd., GlobalLogic Inc., NVIDIA Corporation, Green Hills Software LLC, Wind River Systems, Inc., CARIAD SE, Sigma Software LLC, Elektrobit Automotive GmbH, and Microsoft Corporation.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124