Increasing Use of Electronic Content in Vehicles Aiding the Automotive Software Market Growth Positively
The automotive software market stood at US$ 16.24 Bn in 2017 and expected to grow at a CAGR of 19.2% during the forecast period from 2017 to 2026 and reach US$ 78.62 Bn in 2026. In recent years, automobiles are transitioning from hardware-driven machine to a software-driven electronics device. The content of software and electronics per vehicle is increasing rapidly. By 2030, the average share of software is expected to reach 30% of overall vehicle content. One of the most prominent factors driving the automotive software market growth can be attributed to the increasing use of electronic content in vehicles. Rising demand for electric vehicles is another important factor supporting the market growth. Moreover, by 2020, it is expected that there will 250 million connected vehicles on the road, a factor further complimenting the automotive software market growth. In the future, cars are expected to be designed in a way as to take advantage of a wide range of digital technologies in order to improve fuel efficiency, road safety, vehicle reliability, alleviate traffic congestion and enhance the experience of both driver and passengers.
Market Synopsis
The Passenger Vehicle Segment Stood as the Largest Segment in 2017
In terms of vehicle type, the passenger car segment stood as the largest segment in 2017. The fact that passenger vehicles use a higher number of electronic components as compared commercial vehicles, would help the passenger vehicles segment to continue its dominance throughout the forecast period. For instance, recently, Mercedes-Benz integrated Houndify by SoundHound, Inc. into its latest infotainment system Mercedes-Benz User Experience (MBUX) in the U.S. This would enable customized voice control with natural language understanding. Similarly, Volvo entered into a partnership with Google to power its Sensus infotainment systems. This will allow Volvo car owners to use Google Maps, Google Voice Assistant, Google Play Store, etc. Moreover, all the cars manufactured from 2020 onwards will feature all the Google services straight out of the factory. These factors are expected to positively influence the integration of software in passenger vehicles.
Asia Pacific to Remain the Most Lucrative Market for Investment for Automotive Software Manufacturers
In 2017, Asia Pacific held the largest market share of the overall automotive software in 2017. The fact that some of the leading automobile manufacturers such as Toyota, Hyundai, Nissan, Honda and Suzuki headquartered in the region further supports the automotive software market growth in the region. Moreover, the countries in the region such as China, India, Malaysia and other developing markets in Southeast Asia have witnessed a fast GDP growth in recent years. This has led to an increase in highly aspirational consumers who are willing to invest in automotive software such navigation software, entertainment software and connectivity software among others.
Report Scope by Segments
The report elucidates the detailed outline of global automotive software market by categorizing the market in terms of software type, vehicle type, electric vehicle type, and geography.
Software Type (2016–2026; US$ Bn)
Vehicle Type (2016–2026; US$ Bn)
Electric Vehicle Type (2016–2026; US$ Bn)
Geography Segment (2016–2026; US$ Bn)
Key players profiled in the report include NXP, Renesas, BlackBerry, Elektrobit, Microsoft, NVIDIA, Airbiquity, Green Hills Software, Wind River and Aricent, Inc. among others.
Key questions answered in this report
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Software Market
2.2 Global Automotive Software Market, By Software Type, 2017
2.3 Global Automotive Software Market, By Vehicle Type, 2017
2.4 Global Automotive Software Market, By Electric Vehicle Type, 2017
2.5 Global Automotive Software Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Automotive Software Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Automotive Software Market Analysis, by Software Type, 2016 – 2026
4.1 Overview
4.2 Autopilot Software
4.3 Navigation Software
4.4 Entertainment Software
4.5 Car Safety Software
4.6 Connectivity Software
4.7 Auto Mechanical Software
Chapter 5 Global Automotive Software Market Analysis, by Vehicle Type, 2016 – 2026
5.1 Overview
5.2 Passenger Vehicle
5.3 Commercial Vehicle
Chapter 6 Global Automotive Software Market Analysis, by Electric Vehicle Type, 2016 – 2026
6.1 Overview
6.2 Battery Electric Vehicle (BEV)
6.3 Hybrid Electric Vehicle (HEV)
6.4 Plug-in Hybrid Electric Vehicle (PHEV)
Chapter 7 North America Automotive Software Market Analysis, 2016 – 2026
7.1 Overview
7.2 North America Automotive Software Market Analysis, By Software Type, 2016 – 2026
7.2.1 Market Analysis
7.3 North America Automotive Software Market Analysis, By Vehicle Type, 2016 – 2026
7.3.1 Market Analysis
7.4 North America Automotive Software Market Analysis, By Electric Vehicle Type, 2016 – 2026
7.4.1 Market Analysis
7.5 North America Automotive Software Market Analysis, By Country, 2016 – 2026
7.5.1 U.S.
7.5.2 Canada
Chapter 8 Europe Automotive Software Market Analysis, 2016 – 2026
8.1 Overview
8.2 Europe Automotive Software Market Analysis, By Software Type, 2016 – 2026
8.2.1 Market Analysis
8.3 Europe Automotive Software Market Analysis, By Vehicle Type, 2016 – 2026
8.3.1 Market Analysis
8.4 Europe Automotive Software Market Analysis, By Electric Vehicle Type, 2016 – 2026
8.4.1 Market Analysis
8.5 Europe Automotive Software Market Analysis, By Region/Country, 2016 – 2026
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe
Chapter 9 Asia Pacific Automotive Software Market Analysis, 2016 – 2026
9.1 Overview
9.2 Asia Pacific Automotive Software Market Analysis, By Software Type, 2016 – 2026
9.2.1 Market Analysis
9.3 Asia Pacific Automotive Software Market Analysis, By Vehicle Type, 2016 – 2026
9.3.1 Market Analysis
9.4 Asia Pacific Automotive Software Market Analysis, By Electric Vehicle Type, 2016 – 2026
9.4.1 Market Analysis
9.5 Asia Pacific Automotive Software Market Analysis, By Region/Country, 2016 – 2026
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Rest of Asia Pacific
Chapter 10 Rest of the World (RoW) Automotive Software Market Analysis, 2016 – 2026
10.1 Overview
10.2 RoW Automotive Software Market Analysis, By Software Type, 2016 – 2026
10.2.1 Market Analysis
10.3 RoW Automotive Software Market Analysis, By Vehicle Type, 2016 – 2026
10.3.1 Market Analysis
10.4 RoW Automotive Software Market Analysis, By Electric Vehicle Type, 2016 – 2026
10.4.1 Market Analysis
10.5 RoW Automotive Software Market Analysis, By Country, 2016 – 2026
10.5.1 Middle East & Africa (MEA)
10.5.2 Latin America
Chapter 11 Company Profiles
11.1 NXP
11.2 Renesas
11.3 Blackberry
11.4 Elektrobit
11.5 Microsoft
11.6 NVIDIA
11.7 Airbiquity
11.8 Green Hills Software
11.9 Wind River
11.10 Aricent, Inc.
Note :
Profiles of specific players, if required, shall be added to the report upon request.
FIG. 1 Global Automotive Software: Market Segmentation
FIG. 2 Global Automotive Software Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Automotive Software Market, By Software Type, 2017 (US$ Bn)
FIG. 5 Global Automotive Software Market, By Vehicle Type, 2017 (US$ Bn)
FIG. 6 Global Automotive Software Market, By Electric Vehicle Type, 2017 (US$ Bn)
FIG. 7 Global Automotive Software Market, By Geography, 2017 (US$ Bn)
FIG. 8 Global Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography
FIG. 10 Market Positioning of Key Automotive Software Companies, 2017
FIG. 11 Global Automotive Software Market Value Contribution, By Software Type, 2017 & 2026 (%)
FIG. 12 Global Autopilot Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 13 Global Navigation Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 14 Global Entertainment Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 15 Global Car Safety Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 16 Global Connectivity Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 17 Global Auto Mechanical Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 18 Global Automotive Software Market Value Contribution, By Vehicle Type, 2017 & 2026 (%)
FIG. 19 Global Automotive Software Market Value from Passenger Vehicle, 2016 – 2026, (US$ Bn)
FIG. 20 Global Automotive Software Market Value from Commercial Vehicle, 2016 – 2026, (US$ Bn)
FIG. 21 Global Automotive Software Market Value Contribution, By Electric Vehicle Type, 2017 & 2026 (%)
FIG. 22 Global Automotive Software Market Value from Battery Electric Vehicle (BEV), 2016 – 2026, (US$ Bn)
FIG. 23 Global Automotive Software Market Value from Hybrid Electric Vehicle (HEV), 2016 – 2026, (US$ Bn)
FIG. 24 Global Automotive Software Market Value from Plug-in Hybrid Electric Vehicle (PHEV), 2016 – 2026, (US$ Bn)
FIG. 25 North America Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 26 Europe Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 27 Asia Pacific Automotive Software Market Value, 2016 – 2026, (US$ Bn)
FIG. 28 RoW Automotive Software Market Value, 2016 – 2026, (US$ Bn)
TABLE 1 Market Snapshot: Global Automotive Software Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Automotive Software Market Value, By Software Type, 2016 – 2026 (US$ Bn)
TABLE 5 North America Automotive Software Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 6 North America Automotive Software Market Value, By Electric Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 7 North America Automotive Software Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 8 Europe Automotive Software Market Value, By Software Type, 2016 – 2026 (US$ Bn)
TABLE 9 Europe Automotive Software Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 10 Europe Automotive Software Market Value, By Electric Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 11 Europe Automotive Software Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 12 Asia Pacific Automotive Software Market Value, By Software Type, 2016 – 2026 (US$ Bn)
TABLE 13 Asia Pacific Automotive Software Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific Automotive Software Market Value, By Electric Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific Automotive Software Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 16 RoW Automotive Software Market Value, By Software Type, 2016 – 2026 (US$ Bn)
TABLE 17 RoW Automotive Software Market Value, By Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 18 RoW Automotive Software Market Value, By Electric Vehicle Type, 2016 – 2026 (US$ Bn)
TABLE 19 RoW Automotive Software Market Value, By Region, 2016 – 2026 (US$ Bn)
TABLE 20 NXP: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 Renesas: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 Blackberry: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 Elektrobit: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Microsoft: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 NVIDIA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 Airbiquity: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 Green Hills Software: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 Wind River: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 29 Aricent, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
