APAC Market Statistics
Automotive operating systems market in the Asia Pacific, is predicted to account for the largest share of about 35% by the end of 2037 impelled by higher collaborations among companies to scale the operating system. For instance, Volkswagen announced a collaboration with auto chip start-up Horizon Robotics to invest around USD 2 billion in China’s automotive sector to develop specialized smart driving solutions. These collaborations in the region may drive innovation in automotive operation systems by providing the latest features to their customers.
Furthermore, by 2025 Japanese automaker, Toyota Motors aims to have its vehicle software platform in place and aims to collaborate with tech firms, rivals such as Tesla and VW to create the software that would power the upcoming generation of vehicles.
North American Market Forecast
The North America automotive operating systems market is estimated to be the second largest, during the forecast timeframe led by growing demand for electric vehicles. Owing to rising environmental concerns, there is an increasing demand for electric vehicles in North America, the vehicle production of fully electric vehicles reached over 6% of total vehicle production by the end of 2022. This as a result may rise the demand for automotive operating systems in the region as these systems primarily give data on the whereabouts and battery life of electric vehicles. In 2021, nearly 630,000 electric vehicles were sold in the United States, doubling their share to approximately 5%.
Author Credits: Abhishek Verma
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