Global autonomy software application market tracker - 2024 update

This software market tracker provides market intelligence of the spending on autonomy software technology and applications for level L0, L1, L2 and L2+. Both development and production software spending are captured in this tracker.

The forecast period spans 2022 through 2029. Additionally, this tracker report offers statistics on the rise of software development spending globally and regionally, and volume growth scenarios for software stacks including perception, applications, etc.

Key takeaways from this market tracker report

This tracker's data shows the median amount of money spent on software for each autonomy application fitted vehicle (cumulative summary), including one-time costs for research, design, development, and testing new software or improving existing software within target hardware, as well as recurring costs to OEM that arise each time a vehicle is manufactured, such as costs associated with software licenses. Consequently, this software spending may represent revenue for the vehicle autonomy software supply chain.

Although the outlook for overall autonomy software spending appears positive, there are differences across the scenarios for different levels of autonomy. For instance, the year-over-year spending growth at autonomy level L2+ consistently shows a double-digit growth. However, the tendency is reversed at Level L0, indicating a downward growth trend. This demonstrates unequivocally that OEMs have begun lowering the development and cost of software licenses for mature software applications. Even in applications with higher levels of autonomy, like L2 and L2+, some are driving a large increase in OEM spending.

 

What are the key features of this tracker?

A new summary dashboard has been developed for user ease of use and high-level understanding.  

Autonomy L0, L1, L2, and L2+ have all been combined into a single "Autonomy market tracker" report. This will enable users to view software at all levels of autonomy in a single document and assess the data for marketing purposes.

In-depth market research was done to determine production software prices, which include software maintenance and license payments for each production vehicle. Users can easily determine market size and growth forecast data for autonomy software by utilizing both development and production software spending.

 

This report is useful for:

• Automotive OEMs
• Automotive tier-1 suppliers
• Automotive Semiconductor suppliers
• Automotive software and technology providers
• Financial and investment communities

 

Key benefits:

This study can be used by strategists, buyers, marketers, and planners to:

• Understanding the market requires evaluating potential growth paths for software development costs and spending, goal cost settings, and product customization.

• Develop strategies by analyzing, communicating to internal decision-makers prospective regional and international commercial prospects, and assessing the purchasing practices of automotive manufacturers for software.
• Understanding the amount, growth, and penetration of software and technology

I. First section: Introduction

• Definitions of the attributes/terms used in the tracker report
• Research methodologies
• Change notes
• Application definitions
• Summary dashboard
• Light vehicle production forecast summary
• Vehicle Autonomy application production overview

II: Second section: Autonomy application software spending overview

• Autonomy software spending by global OEMS: high-level overview
• Development software spending by global OEMS: Autonomy L0-L1
• Production software spending by global OEMS: Autonomy L0-L1
• Development software spending by global OEMS: Autonomy L2-L2+
• Production software spending by global OEMS: Autonomy L2-L2+

III: Third section: Autonomy software: perception stack

• Autonomy perception software stack overview
• Autonomy perception software stack: volume overview