Automotive Software Market Set to Grow from $19 Billion to $32.3 Billion by 2030
The Automotive Software Market Growth is poised to surge from USD 19.0 billion in 2023 and is projected to reach USD 32.3 billion by 2030, growing at a CAGR of 7.8%. This growth is fueled by the increasing adoption of connected vehicles, electric vehicles (EVs), and advanced driver assistance systems (ADAS). These trends emphasize the need for software solutions that enable real-time data processing,...
Automotive Software Market Size to Reach $32.3 Billion by 2030: Growth Factors and Trends
The Automotive Software Market Size is poised for significant growth, with projections estimating its value to reach $32.3 billion by 2030. This growth is fueled by the rapid advancement of vehicle technologies, particularly in areas such as autonomous driving, vehicle connectivity, and electrification. Modern vehicles are increasingly reliant on sophisticated software to manage and optimize various...
Automotive Software Market Size, Share, Trends & Forecast by 2030
The global automotive software market size is projected to grow from USD 19.0 Billion in 2023 to USD 32.3 Billion by 2030, at a CAGR of 7.8%. The increasing adoption of L2 vehicles across several countries, combined with the advancement in infotainment systems, are expected to drive the automotive software market. Additionally, booming sales of premium passenger cars paired with adoption of software-over-the-air...
Automotive Software Market Size, Share, Trends & Analysis by 2030
According to a research report “Automotive Software Market by ICE Application (ADAS, Autonomous Driving, Infotainment, Body Control & Comfort, Telematics), Software Layer (OS, Middleware, Application), Vehicle Type (PCs, LCVs, HCVs), EV Application & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global automotive software market size is projected...