Who are the major players in the software-defined vehicle market?

The key players in the industry include Aptiv, Continental, Ford, General Motors, Marelli Holdings, Mercedes-Benz, Nvidia, Robert, Tesla, and Volkswagen.

How much is the North America software-defined vehicle industry worth?

The North America market accounted for 30% of the revenue share in 2024, propelled by the presence of leading technology and automotive companies.

How big is the software-defined vehicle market?

The market size of software-defined vehicle reached USD 49.3 billion in 2024 and is set to grow at a 25.2% CAGR from 2025 to 2034, driven by rising demand for advanced features in vehicles.

What is the market share of the Advanced Driver Assistance Systems (ADAS) segment in software-defined vehicles?

The ADAS segment held around 36% of the market share in 2024, led by the demand for enhanced safety features and regulatory requirements.

Software-Defined Vehicle Market Share

Report ID: GMI6887

Published Date: November 2024

Report Format: PDF

Download Free PDF

Software-Defined Vehicle Market Share

Software-Defined Vehicle Company Market Share, 2024

Tesla Inc. and Robert Bosch hold a market share of over 5% in the software-defined vehicle industry. Tesla develops its software in-house, covering everything from the vehicle's operating system to advanced driver-assistance systems (ADAS). This control allows the company to release OTA updates to improve performance, add features, and fix bugs without physical recalls. This approach boosts customer satisfaction and cuts costs, giving the company a competitive edge in the market.

Robert Bosch focuses on creating integrated software platforms like the Vehicle Control Unit (VCU) and Bosch Automotive Cloud Suite. These platforms integrate ADAS, infotainment, and connectivity features, helping automakers develop scalable and modular SDVs. By offering customizable software, Bosch accelerates SDV development and strengthens its position in the automotive software supply chain.

Software-Defined Vehicle Market Companies

Major players operating in the software-defined vehicle industry include:

Aptiv
Continental
Ford
General Motors
Marelli Holdings
Mercedes-Benz
Nvidia
Robert
Tesla
Volkswagen

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Question(FAQ) :

Who are the major players in the software-defined vehicle market?: The key players in the industry include Aptiv, Continental, Ford, General Motors, Marelli Holdings, Mercedes-Benz, Nvidia, Robert, Tesla, and Volkswagen.
How much is the North America software-defined vehicle industry worth?: The North America market accounted for 30% of the revenue share in 2024, propelled by the presence of leading technology and automotive companies.
How big is the software-defined vehicle market?: The market size of software-defined vehicle reached USD 49.3 billion in 2024 and is set to grow at a 25.2% CAGR from 2025 to 2034, driven by rising demand for advanced features in vehicles.
What is the market share of the Advanced Driver Assistance Systems (ADAS) segment in software-defined vehicles?: The ADAS segment held around 36% of the market share in 2024, led by the demand for enhanced safety features and regulatory requirements.

Related Reports

Authors: Preeti Wadhwani, Aishvarya Ambekar

Buy Now

Single User: $4,123 $4,850

15% off

Multi User: $4,840 $6,050

20% off

Enterprise User: $5,845 $8,350

30% off

Buy now

Premium Report Details

Base Year: 2024

Companies covered: 20

Tables & Figures: 200

Countries covered: 21

Pages: 200

Download Free PDF

Software-Defined Vehicle Market Share

Software-Defined Vehicle Market Share

Software-Defined Vehicle Market Companies

Premium Report Details

Industries

Information

Link

Global Headquarters