According to a new report, published by KBV research, The Global Automotive Operating System Market size is expected to reach $22.5 billion by 2029, rising at a market growth of 9.1% CAGR during the forecast period.
The Passenger Cars segment acquired maximum revenue share in the Global Automotive Operating System Market by Vehicle Type in 2022 thereby, achieving a market value of $13.5 billion by 2029. Increased investments in autonomous mobility, the introduction of software-defined automobiles, rising sales of L2 autonomous vehicles, as well as rising sales of EV passenger cars are all responsible for the segment's rise. Because of the rising demand for EVs, automotive makers are investing in the category.
The ADAS & Safety Systems segment acquired maximum revenue share in the Global Automotive Operating System Market by Application in 2022 thereby, achieving a market value of $5.99 billion by 2029. The developed nations have higher penetration rates for ADAS and safety systems because of their developed infrastructure and stringent regulatory requirements for safety systems. Demand for ADAS and safety systems is anticipated to be fueled by governmental regulations and rising public awareness of vehicle safety.
The Android segment has shown the growth rate of 9.9% during (2023 - 2029). With its wireless mode currently present in many vehicles, the use of Android-based OS is expanding. With the "Android Automotive OS," a version of Android designed specifically for automobiles, Google is following the lead of the Android smartphone platform and luring automakers. The open-source platform of Android Automotive gives users access to the Google Play platform and more sophisticated Google Assistant functions.
The Asia Pacific market dominated the Global Automotive Operating System Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $8.2 Billion by 2029. The Europe market is exhibiting a CAGR of 8.4% during (2023 - 2029). Additionally, The North America market would showcase a CAGR of 8.8% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/automotive-operating-system-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Apple, Inc., NVIDIA Corporation, Google LLC (Alphabet, Inc.), Red Hat Inc. (IBM Corporation), Microsoft Corporation, Siemens AG, BlackBerry Limited, Tata Motors Limited (Tata Group), Wind River Systems, Inc. (Aptiv Global Operations Limited) and Green Hills Software, AB.
By Vehicle Type
By Application
By Type
By Geography
Companies Profiled