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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%. Factors such as advent of software-defined vehicles in conjunction with rising adoption of ADAS features are expected to increase the demand for automotive software. Also, increasing support from governments for vehicle safety paired with increasing demand for semi-autonomous vehicles are also expected to support the revenue growth of the automotive software market during the forecast period.

The automotive software market is dominated by global players such as Robert Bosch GmbH (Germany), NVIDIA Corporation (US), NXP Semiconductors (Netherlands), BlackBerry Limited (Canada), and Continental AG (Germany), among others. These companies adopted new product development strategies, expansion, partnerships & collaborations, and mergers & acquisitions to gain traction in the market.

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Robert Bosch GmbH

Robert Bosch GmbH is one of the leading organizations among the automotive technology and service providers. The company has a wide geographical presence with 468 subsidiaries and regional companies across 60 locations as of September 2023. It operates in four business segments: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The company provides automotive software support through its Mobility Solutions segment. Robert Bosch GmbH provides multiple software and hardware products to many vehicle manufacturers, such as Volkswagen AG (Germany), BMW AG (Germany), JLR (England), and others

NVIDIA Corporation

NVIDIA Corporation is one of the leading Al-based service providers in autonomous driving technology. The company specializes in automotive technology, artificial intelligence, supercomputing, deep learning, GPU-accelerated computing, virtual reality, robotics, parallel computing, virtualization, and professional graphics. It offers hardware (embedded systems, GPUs, and laptops) and software (application frameworks, cloud services, applications & tools) for end-use industries such as automotive, healthcare, telecommunication, media & entertainment, and energy.

NXP Semiconductors

NXP Semiconductors provides software and hardware solutions for automobiles. The company specializes in automotive, digital networking, wireless infrastructure, high-performance mixed-signal, and communication infrastructure. It operates in three business segments: Automotive, Industrial & IoT, and Mobile. Through its Automotive segment, the company offers automotive software tools such as AUTOSAR, S32 System, Android Auto, and Apple CarPlay for i.MX, which help in secure vehicle networking, electric vehicle control and body, and others.

BlackBerry Limited

BlackBerry Limited engages in providing intelligent security software and services to enterprises and governments. The company leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, and data privacy solutions and focuses on the areas of endpoint security, endpoint management, encryption, and embedded systems. It operates in three business segments: Cybersecurity, IoT, and Licensing and Other. BlackBerry products and services include the BlackBerry QNX software for secure embedded systems, BlackBerry UEM unified endpoint management platform, Cylance AI-based endpoint security solutions, and the BlackBerry AtHoc critical event management solution.

Continental AG

Continental AG is one of the leading component manufacturers for the automotive industry. Under the Automotive segment, the company offers software solutions and services, including ADAS software, infotainment software, cyber security solutions, and over-the-air updates. Its customers include major automobile, truck, and bus manufacturers such as Volkswagen (Germany), Daimler AG (Germany), Ford Motor Company (US), Volvo Cars (Sweden), BMW AG (Germany), General Motors (US), Toyota Motor Corporation (Japan), Honda Motor Company (Japan), Renault Group (France), and Porsche AG (Germany). The company operates in 57 countries with an employee strength of 200,000 as of October 2023.

Related Reports:

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

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