Automotive software denotes a software, (or embedded software or firmware) that is related particularly to automotive industry specific products or services. The automotive industry, if considered an economy, will be the sixth largest economy in the world. The cost is equally shared among electronic and software components. Advancements in technology have led to the incorporation of a number of microprocessors with increased memory space into the automobiles. For instance, in 2004, an embedded electronic system in a Volkswagen Phaeton comprised of 10,000 electrical devices, 61 microprocessors, three controller area networks, and one multimedia bus. The integration of these systems requires software support. This is one of the reasons the global automotive software market has been gaining traction in the recent past and is likely to grow at a significant pace during the forecast period.
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Market research report predicts that the global automotive software market will grow at a CAGR of nearly 11% during the forecast period.
The key factors that drive the growth of the market are the product standardization offerings and open-source platforms, which reduce the cost of application and firmware development. The huge growth potential for automobiles with advanced driver assistance systems enhances the market growth.
The increasing complexity in software architecture, which leads to higher production costs for OEMs & suppliers, acts as a restraint for the market growth.
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Irrespective of these challenges, OEMs have now shifted their focus towards the development of autonomous vehicles. Moreover, the installation of rear-view cameras in all vehicles in order to reduce back-over accidents and the mandatory installation of eCall systems will further boost the growth of the market in future.
Companies Profiled In This Report:
CDK Global, Cox Automotive, Reynolds and Reynolds, Dealertrack, Dominion Enterprises, Wipro Limited, Infomedia, TitleTec, Epicor, Auto-IT, MAM Software, Internet Brands, NEC, ARI, Auto/Mate, RouteOne, WHI Solutions, Yonyou, Shenzhen Lianyou, Kingdee, Qiming Information, Checking-On-Tech, Guangzhou Surpass, Shoujia Software
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The report profiles leading players within the Global Automotive Software Market for the purpose of the study. The products developed by each of the players as well as it upcoming products in the pipeline have been discussed in the report.
The strategy is employed by leading players are revealed. The business and financial overview of every company profile is included in the report.
Based on current market developments, the readers are further offered an assessment of how the activities, such as strategic alliances, mergers, and acquisitions, will share the future of this market. The report further studies the impact of porter’s five forces on the progress of this market.
Readers will be benefitted from the references and case studies given in the research study.
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Reason to Access Global Automotive Software Market Research Report:
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Table of Contents:
Global Automotive Software Market Research Report 2017
Chapter 1: Global Automotive Software Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Automotive Software Market Forecast
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