Global Autonomous Car Software Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Global Autonomous Car Software Market size is estimated to grow at a CAGR of around 27.01% during the forecast period, i.e., 2024-30.
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Global Autonomous Car Software Market Dynamics: 2024-2030
Global Autonomous Car Software Market Driver:
Mounting Safety & Efficiency Concerns – The Autonomous Car Software Market is expanding substantially due to growing concerns about efficiency & safety. With human error accounting for a large percentage of traffic accidents, autonomous vehicle technology presents itself as a potentially viable solution to address the growing demand for safer transportation options. Advanced features like adaptive cruise control, lane departure warning, and collision avoidance systems are available in autonomous car software, which increases vehicle safety by lowering the likelihood of collisions. The efficiency benefits of autonomous driving, such as fewer traffic jams, better route planning, and increased fuel economy, also contribute to the market’s growth & expansion. Therefore, the demand for autonomous car software is accelerating globally as a result of businesses and consumers realizing the potential advantages of autonomous vehicles in improving road safety and streamlining transportation networks.
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Global Autonomous Car Software Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Autonomy Level
-Level 1 – Market Size & Forecast 2019-2030, (USD Million)
-Level 2 – Market Size & Forecast 2019-2030, (USD Million)
-Level 3 – Market Size & Forecast 2019-2030, (USD Million)
-Level 4 – Market Size & Forecast 2019-2030, (USD Million)
-Level 5 – Market Size & Forecast 2019-2030, (USD Million)
By Software Type
-Perception & Planning Software – Market Size & Forecast 2019-2030, (USD Million)
-Operating System – Market Size & Forecast 2019-2030, (USD Million)
-Middleware Software – Market Size & Forecast 2019-2030, (USD Million)
-Chauffeur Software – Market Size & Forecast 2019-2030, (USD Million)
-Interior Sensing Software – Market Size & Forecast 2019-2030, (USD Million)
-Supervision/Monitoring Software – Market Size & Forecast 2019-2030, (USD Million)
-Others (Concierge Software, Trial or Development Software, etc.) – Market Size & Forecast 2019-2030, (USD Million)
By Software Licensing Model
-Proprietary Software- Market Size & Forecast 2019-2030, (USD Million)
-Open-Source Software- Market Size & Forecast 2019-2030, (USD Million)
By Car Type
-Sedan – Market Size & Forecast 2019-2030, (USD Million)
-SUV (Sports Utility Vehicle)- Market Size & Forecast 2019-2030, (USD Million)
-Hatchback – Market Size & Forecast 2019-2030, (USD Million)
-Coupe- Market Size & Forecast 2019-2030, (USD Million)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Autonomous Car Software Market:
aiMotive, Baidu Inc., BlackBerry Ltd., Cohda Wireless, NVIDIA Corporation, Tesla Inc., Robert Bosch GmbH, Siemens AG, Tata Elxsi, General Motors Co., Aurora Innovation Inc., Intel Corporation, Luminar Technologies, Ridecell, Inc., TIER IV, Inc., and others.
Industry Recent Development:
- 2023: Intel Corporation announced a strategic investment of USD 15 billion for the acquisition of Mobileye, an Israel-based pioneer in autonomous driving technologies. Over the past twenty years, Mobileye has been at the forefront of developing advanced software and silicon solutions tailored for self-driving vehicles, encompassing areas such as machine learning, data analytics, and mapping.
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