The North America Automotive Software Market would witness market growth of 16% CAGR during the forecast period (2020-2026). The automotive applications are used by the vehicle industry for years. Engineering has given many impressive developments in the auto industry for many years. Not just the dashboard screens have improved with vehicle technologies, but many car features also played a major role in enhanced safety measures, infotainment, control systems and many more. Using automotive software allows the manufacturing of complex structures and enhances flexibility at zero expense. The software has granted better circuit analysis and behavioral modeling on a large scale for motors and other main structures.
Auto Industry has been using automotive software for years. The Automotive software has helped the automotive industry to fulfill much exceptional advancement. Using Automotive software not only refined dashboard displays but it also played a crucial role in better safety systems, control systems, infotainment and many other car features. The usage of automotive software in cars has permitted for more complex systems while accelerating functionality without increasing costs. The automotive software has allowed for improved circuit analysis and behavioral modeling on a huge scale for motors and other main systems.
The aspects such as increasing adoption of connected car services, adoption of ADAS features in vehicles, and intervention of innovative technologies for advanced the makers of the automotive infotainment systems are moving towards the PC-like architectural concept, where the function of the system depends on the central processing unit (CPU). Automotive software includes powertrain, telematics, body control and comfort, communication, infotainment, advanced driver assistance systems (ADAS) software. Automotive software is the firmware and middleware operating system work for running in-vehicle embedded applications. The advancements in technology have guided to the incorporation of a number of microprocessors with expanded memory space into the automobiles.
Based on Product, the market is segmented into Application Software, Middleware and Operating System. Based on Application, the market is segmented into Safety System, Infotainment & Telematics, Powertrain and Chassis. Based on Vehicle Type, the market is segmented into ICE Passenger Car, ICE Light Commercial Vehicle, Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, ICE Heavy Commercial Vehicle, Hybrid Electric Vehicle and Autonomous Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Automotive Software Market in North America is expected to register a CAGR of 16% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
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