BusinessIndustrySci-Tech

Automotive Software Market Emerging Trends And Forecast By NXP Semiconductors, Airbiquity Inc., Green Hills Software, LUXOFT, KPIT, Sigma Software, Google & Others

Global Automotive Software Market is expected to witness a CAGR of 18.25% in the forecast period in 2019-2026, resulting in a rise of its initial estimated value of USD 18.58 growing to a projected value of USD 71.03 billion by 2026. This rise in market value can be attributed to the innovations and advancements

In this report, a thorough investment analysis is provided which forecasts imminent opportunities for the market players and develops the strategies to enhance return on investment (ROI). This market report focuses on important aspects of the market that include but are not limited to historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This market report helps you with all the above by giving actionable market insights and comprehensive market analysis. Market research analysis report is truly a backbone for every business that desire to thrive in the market.

Get Sample Copy For Better Understanding at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-automotive-software-market

Few of the major competitors currently working in the automotive software market are Renesas Electronics Corporation, Elektrobit, Vector Informatik GmbH, AImotive, Rightware, Wind River Systems Inc., Microsoft, NXP Semiconductors, Airbiquity Inc., Green Hills Software, LUXOFT, KPIT, Sigma Software, Google, NVIDIA Corporation, Robert Bosch GmbH, QNX Software Systems Limited, Autonet Mobile Inc., SafeRide.io and Apple Inc.

Key Developments in the Market:

In June 2018, QNX Software Systems Limited announced that they had launched three new automotive software products that have been safety certified and will help overcome the challenge of complying with the ISO 26262 safety standard. The products, “QNX Hypervisor for Safety”, “QNX Platform for ADAS 2.0”, “QNX OS for Safety 2.0”.

In January 2017, QNX Software Systems Limited announced the launch of their most advanced and secure automotive operating system, “QNX Software Development Platform 7.0”.

Market Drivers:

Increased levels of demand for adoption of electronics in the vehicles requiring integration and operating systems for its usage

Increased levels of connected vehicles due to the prevalence of IoT

Market Restraints:

Absence of any set standard protocols for the development of products; this factor is expected to act as a restraint to the market growth

Lack of knowledge and expertise in repairing and maintaining the automotive software

Inquiry For Customize Report With Discount At: https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-automotive-software-market

Global Automotive Software Market Segmentation:

By Application

(Advanced Driver Assistance Systems (ADAS) & Safety Systems,Infotainment Systems,TelematicsSystems,Body Control & Comfort Systems,Communication Systems,PowertrainSystems)

By Vehicle Type

(Passenger Vehicles,A-Segment,B-Segment,C-Segment,D-Segment,E-Segment,FSegment,CommercialVehicles,Light Commercial Vehicles,Heavy Commercial Vehicles)

By Electric Vehicle

(Plug-In Hybrid Electric Vehicle (PHEV),Battery Electric Vehicle (BEV),Hybrid Electric Vehicle (HEV))

By Geography

(North America,South America,Europe,Asia-Pacific,Middle East & Africa)

Competitive Analysis: Global Automotive Software Market

Global automotive software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive software market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key market players involved in this industry

Detailed analysis of the market Segmentation

Competitive analysis of the key players involved

For More Insights Get Detailed TOC https://databridgemarketresearch.com/toc/?dbmr=global-automotive-software-market

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

 About Data Bridge Market Research

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: [email protected]

 

Report Rating
Close