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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 53
Public asset : 65,785,221 USD
Biography : Currently, Mark D. McLaughlin occupies the position of Chairman at QUALCOMM, Inc. Mr. McLaughlin is
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Global Automotive Software Market 2020-2024 | $10.7 Billion Incremental Growth amid Pandemic | Technavio

12/04/2020 | 01:04am EST

The automotive software market is expected to grow by USD 10.70 billion, progressing at a CAGR of over 9% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201203006025/en/

Technavio has announced its latest market research report titled Global Automotive Software Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Automotive Software Market 2020-2024 (Graphic: Business Wire)

For a More Detailed Analysis, Get a Free Sample Report Delivered in a Minute

The increased adoption of ADAS in mass-produced vehicles is one of the major factors propelling the market growth. However, factors such as rising complexity in software architecture leading to higher production costs for OEMs and suppliers will hamper growth.

More details: https://www.technavio.com/talk-to-us?report=IRTNTR44376

Automotive Software Market: Product Landscape

Based on the product, the market saw maximum growth in the application software market in 2019. This is due to the rising demand for infotainment and telematics services in the automotive industry. The market growth in the segment will be significant over the forecast period.

Automotive Software Market: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 55% of the market’s overall growth is expected to originate from APAC. The region is expected to offer significant growth opportunities for market players during the forecast period.

China and Japan are the key markets for automotive software in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Develop Smart Strategies for Your Business: Get a Free Sample Report Now!

Related Reports on Information Technology Include:

Global Autonomous Cars Software Market - Global autonomous cars software market is segmented by product (level 3 autonomous cars, level 4 autonomous cars, and level 5 autonomous cars) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Automated Guided Vehicle Software Market - Global automated guided vehicle software market is segmented by type (In-built vehicle software and Integrated software), end-user (Hospitals, Ambulatory surgical centers (ASG), and Other end-users), methodology (Evoked potential (EP) monitoring, Electroencephalogram (EEG), and Electromyography (EMG)), distribution channel (distribution and logistics, automotive, manufacturing, retail, and others), and geographic landscape (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • Access Co. Ltd.
  • Adobe Inc.
  • Airbiquity Inc.
  • Alphabet Inc.
  • BlackBerry Ltd.
  • Continental AG
  • Green Hills Software LLC
  • Microsoft Corp.
  • Siemens AG
  • Wind River Systems Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Subscribe to World-Class Market Intelligence and gain instant access to 17,000+ market research reports and connect with expert analysts

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Application software - Market size and forecast 2019-2024
  • Middleware - Market size and forecast 2019-2024
  • Operating system - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Safety system - Market size and forecast 2019-2024
  • Infotainment and telematics - Market size and forecast 2019-2024
  • Powertrain - Market size and forecast 2019-2024
  • Chassis - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Access Co. Ltd.
  • Adobe Inc.
  • Airbiquity Inc.
  • Alphabet Inc.
  • BlackBerry Ltd.
  • Continental AG
  • Green Hills Software LLC
  • Microsoft Corp.
  • Siemens AG
  • Wind River Systems Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


© Business Wire 2020
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