Automotive Software Market in North America Market would register a CAGR of 16% during 2020-2026

22-Dec-2020 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report North America Automotive Software Market, published by KBV research, the North America Automotive Software Market would witness market growth of 16% CAGR during the forecast period (2020-2026).

The US market dominated the North America Automotive Software Middleware Market by Country 2019, and would continue to be a dominant market till 2026. The Canada market is experiencing a CAGR of 19.1% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 18.7% during (2020 - 2026).

The Safety System market dominated the Canada Automotive Software Market by Application 2019, growing at a CAGR of 18.9 % during the forecast period. The Infotainment & Telematics market is estimated to grow at a CAGR of 19% during (2020 - 2026). Additionally, The Powertrain market is expected to witness a CAGR of 21.3% during (2020 - 2026).

The ICE Passenger Car market dominated the Mexico Automotive Software Market by Vehicle Type 2019, thereby, achieving a market value of $188.1 million by 2026. The ICE Light Commercial Vehicle market is exhibiting a CAGR of 18.2% during (2020 - 2026). The Battery Electric Vehicle market would showcase a CAGR of 18.7% during (2020 - 2026). Additionally, The Plug-In Hybrid Electric Vehicle market is anticipated to witness a CAGR of 18.3% during (2020 - 2026).

Report Structural Insights: https://www.kbvresearch.com/north-america-automotive-software-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH, NVIDIA Corporation, Renesas Electronics Corporation, Microsoft Corporation, Intel Corporation, Adobe, Inc., BlackBerry Limited, PTC, Inc. (Atego Systems, Inc.), NXP Semiconductors N.V. and Airbiquity, Inc.