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Software-Defined Vehicle Market Share

  • Report ID: GMI6887
  • Published Date: Oct 2023
  • Report Format: PDF
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Software-defined Vehicle Market Share

Major players operating in the software-defined vehicle market are:

  • Aptiv PLC
  • Continental
  • Mobileye
  • NVIDIA Corporation
  • Robert Bosch GmbH
  • Tesla Inc.
  • Waymo LLC

Tesla Inc. and NVIDIA corporation are major market player in the market. Tesla Inc. develops a significant portion of its vehicle software and hardware in-house. This level of control allows the company to rapidly innovate and tailor its software-defined vehicle systems to its specific needs and goals. NVIDIA offers the NVIDIA DRIVE platform, which is a comprehensive hardware and software solution specifically designed for autonomous vehicles. This platform includes powerful GPUs, hardware accelerators, software development kits (SDKs), and libraries for autonomous driving development.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for software-defined vehicle was valued at USD 35.8 billion in 2022 and is anticipated to register a CAGR of 22.1% between 2023 and 2032, owing to the need for enhanced safety and sustainability of vehicles.

The advanced driver assistance systems (ADAS) segment held a market share of around 29% in 2022, due to features such as adaptive cruise control, lane-keeping assistance, and automatic emergency braking substantially that enhance vehicle safety by providing real-time assistance and reducing the risk of accidents.

North America market for software-defined vehicle accounted for a major share of over 30% in 2022 and will continue growing as the companies in the region are pioneering cutting-edge technologies including automotive OTA updates & Advanced Driver Assistance Systems (ADAS), enhancing vehicle functionalities and safety.

Aptiv PLC, Continental, Mobileye, NVIDIA Corporation, Robert Bosch GmbH, Tesla Inc., and Waymo LLC among others

Software-Defined Vehicle Market Scope

  • Software-Defined Vehicle Market Size
  • Software-Defined Vehicle Market Trends
  • Software-Defined Vehicle Market Analysis
  • Software-Defined Vehicle Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 22
    • Tables & Figures: 432
    • Countries covered: 21
    • Pages: 200
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