Automotive Software Market Analysis, Size, Drivers, Restraints, Opportunities and Threats by 2025
Asia Pacific automotive software market size is anticipated to record a high growth with a robust CAGR of over 17% during 2019-2025. The need to address traffic congestion issues and accidents in APAC countries through the use of predictive navigation and other products will bolster the industry scope.
Infotainment applications and automotive telematics have lately amassed hefty momentum in the automotive technology sector, with automakers like Ford and Continental having declared application stores and open platforms. At the same time, Apple’s iPod Out and Nokia’s Terminal Mode initiatives have integrated smartphones into the car environment, thus offering a pool of opportunities for automotive software market
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Emergence of technologies such as AR, AI and blockchain will significantly enhance fuel-efficiency, functional safety, streamlined key entry and infotainment features. Proliferation of EVs and HEVs, rising internet penetration and increasing adoption of connected cars are anticipated to boost automotive software industry outlook.
Rising preference for Mobility-as-a-Service (MaaS) is positively contributing towards automotive software market forecast. Industry giants such as Ford, Delphi and General Motors are making significant investments to design and develop driverless cars. For instance, Cruise Automation, a self-driving unit of General Motors had partnered with Honda in October 2018 for large-scale deployment of autonomous vehicle technology.
Growing dependence on public transportation and ridesharing services coupled with rising number of projected to bring autonomous trucks into logistics has increased the demand for automotive software across the commercial vehicles segment. Strict regulations enforced by the government and other regulatory bodies to ensure environmental sustainability is proliferating the business growth.
Passenger vehicles segment is anticipated to observe steady growth during the forecast period. Growing deployment of smart technologies in passenger vehicles has led to increased demand for in-vehicle electronics systems, creating great significant opportunities for automotive software in the passenger vehicles segment.
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Partial Chapter of the Table of Content
Chapter 5. Automotive Software Market, By Software
5.1. Key trends, by software
5.2. Autonomous driving software
5.2.1. Autonomous driving software market estimates and forecast, 2014-2025
5.3. Safety & security software
5.3.1. Safety & security software market estimates and forecast, 2014-2025
5.4. Vehicle management software
5.4.1. Vehicle management software market estimates and forecast, 2014-2025
5.5. Infotainment software
5.5.1. Infotainment software market estimates and forecast, 2014-2025
Chapter 6. Automotive Software Market, By Application
6.1. Key trends, by application
6.2. Engine Management System (EMS)
6.2.1. Engine management system market estimates and forecast, 2014-2025
6.3. Anti-locking braking system (ABS)
6.3.1. Anti-locking braking system (ABS) market estimates and forecast, 2014-2025
6.4. Airbag Control
6.4.1. Airbag control market estimates and forecast, 2014-2025
6.5. Car Navigation System
6.5.1. Car navigation system market estimates and forecast, 2014-2025
6.6. Infotainment System
6.6.1. Infotainment system market estimates and forecast, 2014-2025
6.7. Mobility Service
6.7.1. Mobility service market estimates and forecast, 2014-2025
Chapter 7. Automotive Software market, By Vehicle Type
7.1. Key trends, by vehicle type
7.2. Passenger vehicle
7.2.1. Passenger vehicles market estimates and forecast, 2014-2025
7.3. Commercial vehicle
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