Top Companies in Autonomous Driving Software Industry - Mobileye (Israel), NVIDIA Corporation (US) and Qualcomm Technologies, Inc. (US)
The market for autonomous driving software is predicted to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035 at a CAGR of 13.3%. Demand for autonomous driving software is expected to boost, driven by improved vehicle safety, higher driving experience offerings from automakers, and pedestrian safety. These have significantly improved the accuracy and reliability of autonomous systems. Increased investment by car OEMs and technology providers is hastening the development of self-driving systems.
Key players dominating the autonomous driving software market include Mobileye (Israel), NVIDIA Corporation (US), Qualcomm Technologies, Inc. (US), Huawei Technologies Co, Ltd (China), and Aurora Innovation Inc. (US). These industry leaders develop innovative products, implement expansion strategies, and foster collaborations, partnerships, mergers, and acquisitions to establish a strong foothold in the dynamically growing autonomous driving software market.
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Mobileye, a semiconductor and software company, collaborates with more than 50 manufacturers to provide Advanced Driver Assistance Systems (ADAS). It also supports policies for sensing, mapping, and driving. Mobileye has created a set of software tools that are powered by EyeQ, a proprietary family of computer chips. The company plans to introduce its EyeQ6 Lite HPC in April 2024 to expedite advanced ADAS system applications all around the world. The latest iteration of Mobileye's breakthrough system-on-chip and software is already poised to improve safety and convenience in 46 million cars. Supervision and Chauffeur integration provide a scalable transfer from one system to the other, lowering investment costs and boosting the likelihood of success for consumer autonomous vehicle products. Mobileye has modified all of its main technologies to comply with the European Union (EU) General Safety Regulations of 2022, including a camera-only solution and additional redundancy via Road Experience Management HD maps.
NVIDIA Corporation designs and manufactures computer graphic processors, chipsets, and related software. The company provides solutions for self-driving vehicles, including in-vehicle computing for Al-defined cars and infrastructure for self-driving cars. The NVIDIA DRIVE AGX™™ platform includes all the hardware and software needed to develop automated driving functions and immersive in-cabin experiences. This open and modular platform runs on NVIDIA DRIVE™ OS. Paired with supported sensors and accessories, manufacturers can build autonomous driving functions and in-vehicle Al applications, which can be enhanced over the air (OTA). In 2024, NVIDIA collaborated with Xiaomi to launch its first electric vehicle, the SU7 sedan, which was built on NVIDIA DRIVE Orin technology. NVIDIA also announced new design partnerships for NVIDIA DRIVE Thor with leading electric vehicle manufacturers such as BYD, XPENG, GAC's AION Hyper, and Nuro.
Qualcomm Technologies, Inc. designs and manufactures digital wireless telecommunication products and services. Qualcomm leads the automotive industry with its comprehensive digital chassis solutions. Its Snapdragon Cockpit Platform includes innovative features including a 3D digital cluster, e-mirrors, and intelligent entertainment systems, which improve driving experiences through tailored connectivity and navigation. The Snapdragon Car to Cloud platform allows seamless device administration via OTA updates and integrated analytics, resulting in improved user experiences and faster innovation incorporation. The Snapdragon Ride Platform provides high-performance SoC solutions that support the versatile visual capabilities required for ADAS and AD applications. Arriver, a Qualcomm Technologies subsidiary, offers self-driving solutions, concentrating in software for sensor perception and drive policy, primarily for L3 and L4 vehicles.
Related Reports:
Autonomous Driving Software Market by Level of Autonomy (L2+, L3, L4), Vehicle Type (Passenger Cars, Commercial Vehicles), Propulsion (ICE, Electric), Software Type (Perception & Planning, Chauffeur, Interior Sensing, Monitoring) - Global Forecast to 2035
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