The Europe Software-defined Vehicle Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030).
Software-defined vehicles are taking in-car connectivity and infotainment to new heights. Infotainment systems have evolved from basic radio and CD players to high-tech interfaces with touchscreen displays, voice recognition, and seamless smartphone integration. These systems provide real-time traffic updates, access to streaming services, and even the ability to control smart home devices from vehicles. With OTA updates, automakers can continually improve and expand these features, enhancing the driving experience. Advanced Driver Assistance Systems (ADAS), a critical component of software-defined vehicles, combines sensors, cameras, radar, and software algorithms to assist drivers in various ways. This includes adaptive cruise control, lane-keeping assistance, automatic emergency braking, and even self-parking capabilities. As these technologies become more sophisticated, they move us closer to the realization of fully autonomous vehicles, ultimately improving road safety and reducing accidents. Traditional vehicles require physical visits to service centers for software updates.
In contrast, it allows for remote, over-the-air updates, ensuring that the vehicle's software, infotainment systems, and critical components remain up to date. Integrated with software-defined platforms, telematics solutions offer real-time tracking, predictive maintenance, and data-driven insights to optimize fleet operations. This technology can reduce operational costs, enhance driver safety, and increase efficiency. It enables a high degree of personalization for drivers and passengers. User profiles can store individual preferences for seat position, climate control, and infotainment settings.
German consumers expect state-of-the-art infotainment systems with large touchscreen displays, voice control, and seamless smartphone integration. German drivers prioritize continuous connectivity to the internet, seamless smartphone integration, and high-quality in-car Wi-Fi. German drivers want the ability to personalize their vehicles, including seat adjustments, climate control settings, and infotainment preferences. All these factors will uplift the regional market expansion in coming years.
The Germany market dominated the Europe Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $30,932.8 million by 2030. The UK market is registering a CAGR of 8.8% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 10.6% during (2023 - 2030).
Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into ADAS/HAD, Powertrain & Chassis, Infotainment, Connectivity & Security, and Body & Energy. Based on Vehicle Type, the market is segmented into ICE, BEV, and HEV/PHEV. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Software-defined Vehicle Market will Hit USD 510.4 Billion by 2030, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Valeo SA, Aptiv PLC, Marelli Holdings Co., Ltd., Tesla, Inc., NVIDIA Corporation, Volkswagen AG, Harman International Industries, Inc. (Samsung Electronics Co., Ltd), BlackBerry Limited, Medtronic PLC
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Hardware
- Software
- Services
By Application
- ADAS/HAD
- Powertrain & Chassis
- Infotainment
- Connectivity & Security
- Body & Energy
By Vehicle Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Continental AG
- Valeo SA
- Aptiv PLC
- Marelli Holdings Co., Ltd.
- Tesla, Inc.
- NVIDIA Corporation
- Volkswagen AG
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd)
- BlackBerry Limited
- Medtronic PLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Software-defined Vehicle Market, by Offering
1.4.2 Europe Software-defined Vehicle Market, by Application
1.4.3 Europe Software-defined Vehicle Market, by Vehicle Type
1.4.4 Europe Software-defined Vehicle Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Apr – 2023, Sep) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Europe Software-defined Vehicle Market, by Offering
5.1 Europe Hardware Market, by Country
5.2 Europe Software Market, by Country
5.3 Europe Services Market, by Country
Chapter 6. Europe Software-defined Vehicle Market, by Application
6.1 Europe ADAS/HAD Market, by Country
6.2 Europe Powertrain & Chassis Market, by Country
6.3 Europe Infotainment Market, by Country
6.4 Europe Connectivity & Security Market, by Country
6.5 Europe Body & Energy Market, by Country
Chapter 7. Europe Software-defined Vehicle Market, by Vehicle Type
7.1 Europe ICE Market, by Country
7.2 Europe BEV Market, by Country
7.3 Europe HEV/PHEV Market, by Country
Chapter 8. Europe Software-defined Vehicle Market, by Country
8.1 Germany Software-defined Vehicle Market
8.1.1 Germany Software-defined Vehicle Market, by Offering
8.1.2 Germany Software-defined Vehicle Market, by Application
8.1.3 Germany Software-defined Vehicle Market, by Vehicle Type
8.2 UK Software-defined Vehicle Market
8.2.1 UK Software-defined Vehicle Market, by Offering
8.2.2 UK Software-defined Vehicle Market, by Application
8.2.3 UK Software-defined Vehicle Market, by Vehicle Type
8.3 France Software-defined Vehicle Market
8.3.1 France Software-defined Vehicle Market, by Offering
8.3.2 France Software-defined Vehicle Market, by Application
8.3.3 France Software-defined Vehicle Market, by Vehicle Type
8.4 Russia Software-defined Vehicle Market
8.4.1 Russia Software-defined Vehicle Market, by Offering
8.4.2 Russia Software-defined Vehicle Market, by Application
8.4.3 Russia Software-defined Vehicle Market, by Vehicle Type
8.5 Spain Software-defined Vehicle Market
8.5.1 Spain Software-defined Vehicle Market, by Offering
8.5.2 Spain Software-defined Vehicle Market, by Application
8.5.3 Spain Software-defined Vehicle Market, by Vehicle Type
8.6 Italy Software-defined Vehicle Market
8.6.1 Italy Software-defined Vehicle Market, by Offering
8.6.2 Italy Software-defined Vehicle Market, by Application
8.6.3 Italy Software-defined Vehicle Market, by Vehicle Type
8.7 Rest of Europe Software-defined Vehicle Market
8.7.1 Rest of Europe Software-defined Vehicle Market, by Offering
8.7.2 Rest of Europe Software-defined Vehicle Market, by Application
8.7.3 Rest of Europe Software-defined Vehicle Market, by Vehicle Type
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Continental AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Valeo SA
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Aptiv PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Marelli Holdings Co., Ltd.
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.3 SWOT Analysis
9.6 Tesla, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 NVIDIA Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Volkswagen AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 HARMAN International Industries, Inc (Samsung Electronics Co., Ltd.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. BlackBerry Limited
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.6 SWOT Analysis
TABLE 1 Europe Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 2 Europe Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Software-defined Vehicle Market
TABLE 4 Acquisition and Mergers– Software-defined Vehicle Market
TABLE 5 Europe Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 6 Europe Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 7 Europe Hardware Market, by Country, 2019 - 2022, USD Million
TABLE 8 Europe Hardware Market, by Country, 2023 - 2030, USD Million
TABLE 9 Europe Software Market, by Country, 2019 - 2022, USD Million
TABLE 10 Europe Software Market, by Country, 2023 - 2030, USD Million
TABLE 11 Europe Services Market, by Country, 2019 - 2022, USD Million
TABLE 12 Europe Services Market, by Country, 2023 - 2030, USD Million
TABLE 13 Europe Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 14 Europe Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 15 Europe ADAS/HAD Market, by Country, 2019 - 2022, USD Million
TABLE 16 Europe ADAS/HAD Market, by Country, 2023 - 2030, USD Million
TABLE 17 Europe Powertrain & Chassis Market, by Country, 2019 - 2022, USD Million
TABLE 18 Europe Powertrain & Chassis Market, by Country, 2023 - 2030, USD Million
TABLE 19 Europe Infotainment Market, by Country, 2019 - 2022, USD Million
TABLE 20 Europe Infotainment Market, by Country, 2023 - 2030, USD Million
TABLE 21 Europe Connectivity & Security Market, by Country, 2019 - 2022, USD Million
TABLE 22 Europe Connectivity & Security Market, by Country, 2023 - 2030, USD Million
TABLE 23 Europe Body & Energy Market, by Country, 2019 - 2022, USD Million
TABLE 24 Europe Body & Energy Market, by Country, 2023 - 2030, USD Million
TABLE 25 Europe Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 26 Europe Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 27 Europe ICE Market, by Country, 2019 - 2022, USD Million
TABLE 28 Europe ICE Market, by Country, 2023 - 2030, USD Million
TABLE 29 Europe BEV Market, by Country, 2019 - 2022, USD Million
TABLE 30 Europe BEV Market, by Country, 2023 - 2030, USD Million
TABLE 31 Europe HEV/PHEV Market, by Country, 2019 - 2022, USD Million
TABLE 32 Europe HEV/PHEV Market, by Country, 2023 - 2030, USD Million
TABLE 33 Europe Software-defined Vehicle Market, by Country, 2019 - 2022, USD Million
TABLE 34 Europe Software-defined Vehicle Market, by Country, 2023 - 2030, USD Million
TABLE 35 Germany Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 36 Germany Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 37 Germany Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 38 Germany Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 39 Germany Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 40 Germany Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 41 Germany Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 42 Germany Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 43 UK Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 44 UK Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 45 UK Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 46 UK Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 47 UK Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 48 UK Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 49 UK Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 50 UK Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 51 France Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 52 France Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 53 France Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 54 France Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 55 France Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 56 France Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 57 France Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 France Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Russia Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 60 Russia Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 61 Russia Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 62 Russia Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 63 Russia Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 64 Russia Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 65 Russia Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 66 Russia Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 67 Spain Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 68 Spain Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 69 Spain Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 70 Spain Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 71 Spain Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 72 Spain Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 73 Spain Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 74 Spain Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 75 Italy Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 76 Italy Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 77 Italy Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 78 Italy Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 79 Italy Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 80 Italy Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 81 Italy Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 82 Italy Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 85 Rest of Europe Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 88 Rest of Europe Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 89 Rest of Europe Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 91 Key Information – Robert Bosch GmbH
TABLE 92 Key Information – Continental AG
TABLE 93 Key Information – Valeo SA
TABLE 94 Key Information – Aptiv PLC
TABLE 95 Key information – Marelli holdings co., ltd.
TABLE 96 key Information – Tesla, Inc.
TABLE 97 Key Information – NVIDIA Corporation
TABLE 98 key Information – Volkswagen AG
TABLE 99 Key Information – HARMAN International industries, Inc.
TABLE 100 Key Information – BlackBerry Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Software-defined Vehicle Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting software-defined vehicle market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Apr – 2023, Sep) Leading Players
FIG 8 Porter’s Five Forces Analysis – Software-defined Vehicle Market
FIG 9 Europe Software-defined Vehicle Market share, by Offering, 2022
FIG 10 Europe Software-defined Vehicle Market share, by Offering, 2030
FIG 11 Europe Software-defined Vehicle Market, by Offering, 2019 - 2030, USD Million
FIG 12 Europe Software-defined Vehicle Market share, by Application, 2022
FIG 13 Europe Software-defined Vehicle Market share, by Application, 2030
FIG 14 Europe Software-defined Vehicle Market, by Application, 2019 - 2030, USD Million
FIG 15 Europe Software-defined Vehicle Market share, by Vehicle Type, 2022
FIG 16 Europe Software-defined Vehicle Market share, by Vehicle Type, 2030
FIG 17 Europe Software-defined Vehicle Market, by Vehicle Type, 2019 - 2030, USD Million
FIG 18 Europe Software-defined Vehicle Market share, by Country, 2022
FIG 19 Europe Software-defined Vehicle Market share, by Country, 2030
FIG 20 Europe Software-defined Vehicle Market, by Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Robert Bosch GmbH
FIG 22 Recent strategies and developments: Continental AG
FIG 23 SWOT Analysis: Continental AG
FIG 24 SWOT Analysis: Valeo SA
FIG 25 Recent strategies and developments: Aptiv PLC
FIG 26 SWOT Analysis: Aptiv PLC
FIG 27 SWOT Analysis: Marelli holdings co., ltd.
FIG 28 SWOT Analysis: Tesla, Inc
FIG 29 SWOT Analysis: NVIDIA Corporation
FIG 30 SWOT Analysis: Volkswagen AG
FIG 31 Recent strategies and developments: Harman International Industries, Inc.
FIG 32 SWOT Analysis: Harman International Industries, Inc.
FIG 33 SWOT Analysis: BlackBerry Limited