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Autonomous Driving Software Market Share

  • Report ID: GMI11966
  • Published Date: Oct 2024
  • Report Format: PDF

Autonomous Driving Software Market Share

Waymo, Mobileye, and Tesla collectively held a substantial market share of over 12% in the autonomous driving software industry in 2023. Waymo deploys its fully autonomous driving technology through the Waymo Driver platform. The company emphasizes extensive real-world testing and has formed partnerships with automakers, including Jaguar and Stellantis. Waymo adopts a dual approach, focusing on both autonomous ride-hailing and logistics services. Its safety-first strategy involves continuous data collection and advanced AI algorithms, refining performance across diverse driving environments.

 

Mobileye accelerates the journey to autonomous driving by leveraging its advanced driver-assistance systems (ADAS). The company employs camera-based vision technology and AI to power its Mobileye SuperVision platform. By collaborating with global automakers, Mobileye emphasizes scalable solutions. It integrates road mapping (REM) technology and crowdsourced data, enabling real-time decision-making to bolster safety and navigation in self-driving applications.
 

Tesla centers its autonomous driving strategy on the Full Self-Driving (FSD) software. Utilizing neural networks and AI, Tesla processes real-time data from vehicle sensors. The company's over-the-air updates consistently enhance FSD capabilities. Tesla's approach prioritizes vision-only systems and large-scale data collection from its fleet, driving advancements in safety, functionality, and self-driving performance.
 

Autonomous Driving Software Market Companies

Major players operating in the autonomous driving software industry are:

  • Aptiv
  • Aurora Innovation
  • Baidu
  • BlackBerry
  • Huawei
  • Mobileye
  • NVIDIA
  • Qualcomm
  • Tesla
  • Waymo
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global market size for autonomous driving software was valued at USD 1.8 billion in 2023 and is projected to reach USD 5.5 billion by 2032, driven by a CAGR of 13.4% from 2024 to 2032.

Passenger cars accounted for over 70% of the market share in 2023 and are expected to exceed USD 4 billion by 2032, due to the increasing demand for advanced driver-assistance systems (ADAS).

The North America market accounted for over 35% of the market share in 2023 and is expected to exceed USD 2 billion by 2032, driven by technological advancements and substantial investments from tech giants.

Major players in the industry include Aptiv, Aurora Innovation, Baidu, BlackBerry, Huawei, Mobileye, NVIDIA, Qualcomm, Tesla, and Waymo.

Autonomous Driving Software Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 22
  • Pages: 180
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