The North America Software-defined Vehicle Market would witness market growth of 10.0% CAGR during the forecast period (2023-2030).
Consumers seek vehicles with advanced infotainment, driver assistance, and convenience features. SDVs cater to these demands by offering various software-driven amenities, from voice recognition to entertainment systems. Consumers expect intuitive infotainment systems that provide access to apps, navigation, media streaming, and voice-activated controls. SDVs offer the platform for these advanced systems. Drivers and passengers desire seamless connectivity with their smartphones and the internet while on the move. SDVs provide this connectivity through features like Apple CarPlay, Android Auto, and in-car Wi-Fi. Voice-activated virtual assistants are in high demand. Consumers appreciate the convenience of using natural language commands to control various aspects of their vehicles.
The ability to control smart home devices from the vehicle is becoming increasingly important. Consumers expect their vehicles to be part of their connected ecosystem. Digital instrument clusters and heads-up displays have become popular, allowing for customizable and dynamic displays that provide essential information. Consumers expect to access their contacts, messages, music, and apps from the vehicle's interface. Connected vehicles feature built-in connectivity options, such as 4G and 5G cellular networks, Wi-Fi, and Bluetooth. This connectivity allows vehicles to exchange real-time data with other vehicles, infrastructure, and the cloud. Connected vehicles can collect data on vehicle health and usage patterns. This data is used to predict maintenance needs and optimize vehicle reliability. Electric vehicles (EVs) rely on connected charging stations that provide real-time data on charging station availability, pricing, and payment options. This connectivity is crucial for EV adoption.
As per International Trade Administration, Mexico City is the world's fifth most populous city, with 21 million people and 33.4 million vehicles. In 2018, Mexico recorded a 68 percent increase in EV sales, and hybrid vehicle sales surpassed 17,800 units compared to 2017. 955,393 electric and hybrid vehicles were sold in 2019 from January through September. As Mexico continues to embrace the opportunities provided by advancements in connectivity, the SDV is likely to see increased adoption and innovation. In Mexico, connectivity allows automakers to deliver software updates to vehicles remotely. Due to these aspects, the market will grow across the North America region in upcoming years.
The US market dominated the North America Software-defined Vehicle Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $91,506.9 million by 2030. The Canada market is showcasing a CAGR of 12.4% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 11.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Software-defined Vehicle Market is Predict to reach 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Software-defined Vehicle Market, by Offering
1.4.2 North America Software-defined Vehicle Market, by Application
1.4.3 North America Software-defined Vehicle Market, by Vehicle Type
1.4.4 North America 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. North America Software-defined Vehicle Market, by Offering
5.1 North America Hardware Market, by Country
5.2 North America Software Market, by Country
5.3 North America Services Market, by Country
Chapter 6. North America Software-defined Vehicle Market, by Application
6.1 North America ADAS/HAD Market, by Country
6.2 North America Powertrain & Chassis Market, by Country
6.3 North America Infotainment Market, by Country
6.4 North America Connectivity & Security Market, by Country
6.5 North America Body & Energy Market, by Country
Chapter 7. North America Software-defined Vehicle Market, by Vehicle Type
7.1 North America ICE Market, by Country
7.2 North America BEV Market, by Country
7.3 North America HEV/PHEV Market, by Country
Chapter 8. North America Software-defined Vehicle Market, by Country
8.1 US Software-defined Vehicle Market
8.1.1 US Software-defined Vehicle Market, by Offering
8.1.2 US Software-defined Vehicle Market, by Application
8.1.3 US Software-defined Vehicle Market, by Vehicle Type
8.2 Canada Software-defined Vehicle Market
8.2.1 Canada Software-defined Vehicle Market, by Offering
8.2.2 Canada Software-defined Vehicle Market, by Application
8.2.3 Canada Software-defined Vehicle Market, by Vehicle Type
8.3 Mexico Software-defined Vehicle Market
8.3.1 Mexico Software-defined Vehicle Market, by Offering
8.3.2 Mexico Software-defined Vehicle Market, by Application
8.3.3 Mexico Software-defined Vehicle Market, by Vehicle Type
8.4 Rest of North America Software-defined Vehicle Market
8.4.1 Rest of North America Software-defined Vehicle Market, by Offering
8.4.2 Rest of North America Software-defined Vehicle Market, by Application
8.4.3 Rest of North America 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 North America Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 6 North America Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 7 North America Hardware Market, by Country, 2019 - 2022, USD Million
TABLE 8 North America Hardware Market, by Country, 2023 - 2030, USD Million
TABLE 9 North America Software Market, by Country, 2019 - 2022, USD Million
TABLE 10 North America Software Market, by Country, 2023 - 2030, USD Million
TABLE 11 North America Services Market, by Country, 2019 - 2022, USD Million
TABLE 12 North America Services Market, by Country, 2023 - 2030, USD Million
TABLE 13 North America Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 14 North America Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 15 North America ADAS/HAD Market, by Country, 2019 - 2022, USD Million
TABLE 16 North America ADAS/HAD Market, by Country, 2023 - 2030, USD Million
TABLE 17 North America Powertrain & Chassis Market, by Country, 2019 - 2022, USD Million
TABLE 18 North America Powertrain & Chassis Market, by Country, 2023 - 2030, USD Million
TABLE 19 North America Infotainment Market, by Country, 2019 - 2022, USD Million
TABLE 20 North America Infotainment Market, by Country, 2023 - 2030, USD Million
TABLE 21 North America Connectivity & Security Market, by Country, 2019 - 2022, USD Million
TABLE 22 North America Connectivity & Security Market, by Country, 2023 - 2030, USD Million
TABLE 23 North America Body & Energy Market, by Country, 2019 - 2022, USD Million
TABLE 24 North America Body & Energy Market, by Country, 2023 - 2030, USD Million
TABLE 25 North America Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 26 North America Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 27 North America ICE Market, by Country, 2019 - 2022, USD Million
TABLE 28 North America ICE Market, by Country, 2023 - 2030, USD Million
TABLE 29 North America BEV Market, by Country, 2019 - 2022, USD Million
TABLE 30 North America BEV Market, by Country, 2023 - 2030, USD Million
TABLE 31 North America HEV/PHEV Market, by Country, 2019 - 2022, USD Million
TABLE 32 North America HEV/PHEV Market, by Country, 2023 - 2030, USD Million
TABLE 33 North America Software-defined Vehicle Market, by Country, 2019 - 2022, USD Million
TABLE 34 North America Software-defined Vehicle Market, by Country, 2023 - 2030, USD Million
TABLE 35 US Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 36 US Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 37 US Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 38 US Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 39 US Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 40 US Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 41 US Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 42 US Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 43 Canada Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 44 Canada Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 45 Canada Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 46 Canada Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 47 Canada Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 48 Canada Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 49 Canada Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 50 Canada Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 51 Mexico Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 52 Mexico Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 53 Mexico Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 54 Mexico Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 55 Mexico Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 56 Mexico Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 57 Mexico Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 Mexico Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Rest of North America Software-defined Vehicle Market, 2019 - 2022, USD Million
TABLE 60 Rest of North America Software-defined Vehicle Market, 2023 - 2030, USD Million
TABLE 61 Rest of North America Software-defined Vehicle Market, by Offering, 2019 - 2022, USD Million
TABLE 62 Rest of North America Software-defined Vehicle Market, by Offering, 2023 - 2030, USD Million
TABLE 63 Rest of North America Software-defined Vehicle Market, by Application, 2019 - 2022, USD Million
TABLE 64 Rest of North America Software-defined Vehicle Market, by Application, 2023 - 2030, USD Million
TABLE 65 Rest of North America Software-defined Vehicle Market, by Vehicle Type, 2019 - 2022, USD Million
TABLE 66 Rest of North America Software-defined Vehicle Market, by Vehicle Type, 2023 - 2030, USD Million
TABLE 67 Key Information – Robert Bosch GmbH
TABLE 68 Key Information – Continental AG
TABLE 69 Key Information – Valeo SA
TABLE 70 Key Information – Aptiv PLC
TABLE 71 Key information – Marelli holdings co., ltd.
TABLE 72 key Information – Tesla, Inc.
TABLE 73 Key Information – NVIDIA Corporation
TABLE 74 key Information – Volkswagen AG
TABLE 75 Key Information – HARMAN International industries, Inc.
TABLE 76 Key Information – BlackBerry Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Software-defined Vehicle Market share, by Offering, 2022
FIG 10 North America Software-defined Vehicle Market share, by Offering, 2030
FIG 11 North America Software-defined Vehicle Market, by Offering, 2019 - 2030, USD Million
FIG 12 North America Software-defined Vehicle Market share, by Application, 2022
FIG 13 North America Software-defined Vehicle Market share, by Application, 2030
FIG 14 North America Software-defined Vehicle Market, by Application, 2019 - 2030, USD Million
FIG 15 North America Software-defined Vehicle Market share, by Vehicle Type, 2022
FIG 16 North America Software-defined Vehicle Market share, by Vehicle Type, 2030
FIG 17 North America Software-defined Vehicle Market, by Vehicle Type, 2019 - 2030, USD Million
FIG 18 North America Software-defined Vehicle Market share, by Country, 2022
FIG 19 North America Software-defined Vehicle Market share, by Country, 2030
FIG 20 North America 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