How big is the Automotive Software Market?

The Automotive Software Market size is expected to reach USD 10.07 billion in 2024 and grow at a CAGR of 22% to reach USD 29.30 billion by 2029. Read More

What is the current Automotive Software Market size?

In 2024, the Automotive Software Market size is expected to reach USD 10.07 billion. Read More

Who are the key players in Automotive Software Market?

Microsoft Corporation, BlackBerry Limited, Google (Alphabet Inc.), KPIT Technologies Limited and Airbiquity Inc. are the major companies operating in the Automotive Software Market. Read More

Which is the fastest growing region in Automotive Software Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Software Market?

In 2024, the North America accounts for the largest market share in Automotive Software Market. Read More

What years does this Automotive Software Market cover, and what was the market size in 2023?

In 2023, the Automotive Software Market size was estimated at USD 7.85 billion. The report covers the Automotive Software Market historical market size for years: . The report also forecasts the Automotive Software Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the Automotive Software Market?

Key factors driving the Automotive Software Market are: a) Increasing demand for connected vehicles b) Advancements in autonomous driving technologies c) Stringent government regulations for vehicle safety Read More

Automotive Software Market Size & Share Analysis - Industry Research Report

Automotive Software Market Size & Share Analysis - Growth, Trends & Forecasts (2024 - 2029)

The Automotive Software Market Analysis Report is Segmented by Application (Safety and Security, Infotainment and Instrument Cluster, Vehicle Connectivity, and Other Applications (Powertrain)), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Forecast and Size in Value (USD) for all the Above-Mentioned Segments.

Automotive Software Industry Overview

The automotive software market is consolidated and led by global and regionally established players. These companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions. For instance:

In April 2024, the BMW Group and Tata Technologies announced the signing of an agreement to form a joint venture (JV) to establish automotive software and IT development hubs in Pune, Bengaluru, and Chennai, India.

Some of the major players in the global market include BlackBerry Limited, KPIT Technologies Limited, Microsoft Corporation, Google, and Airbiquity Inc.