A fresh report titled “Automotive Software Market” has been presented by ReportsnReports. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market.
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The Global Automotive Software Market size is projected to grow from USD 16.9 Billion in 2020 to USD 37.0 Billion by 2025, at a CAGR of 16.9%.
Top Companies Profiled in the Automotive Software Market:
- Robert Bosch (Germany)
- NXP Semiconductors (Netherland)
- Renesas Electronics (Japan)
- BlackBerry Limited (Canada)
- NVIDIA (US)
An increasing number of connected cars has opened new revenue-generating opportunities for the stakeholders in the connected car ecosystem. A lot of non-automotive players have entered the race of connected cars to leverage the possibility of earning revenues. Today’s vehicles are no more a hardware-based moving machine.
Europe is estimated to be the second-largest market in the automotive software market. Europe is home to many major automobile companies. The automotive industry is one of the key contributors to the economy of Europe. To strengthen the competitiveness of the EU automotive industry and preserve its global technological leadership, the European Commission supports global technological harmonization and provides funding for R&D.
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List of Tables:
Table 1 Inclusions & Exclusions For Automotive Software Market
Table 2 Major Assumptions
Table 3 Regulations That Will Drive The Software Market
Table 4 5g Deployment And Rollout
Table 5 Recent Developments On 5g Technology
Table 6 Roadmap For Technology Level & Implementation Of Semi-Autonomous And Autonomous Driving System
Table 7 Automotive Software Market (Most Likely), By Region, 2017–2025 (Usd Million)
Table 8 Automotive Software Market (Optimistic), By Region, 2021–2025 (Usd Million)
Table 9 Automotive Software Market (Pessimistic), By Region, 2021–2025 (Usd Million)
Table 10 Benefits Of Autosar For Consortiums
Table 11 Genivi Compliant Products