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ADAS Software Market: Growth Forecast & Industry Share Report to 2034

The Global ADAS Software Market was valued at USD 10 billion in 2024 and is estimated to grow at a CAGR of 21.2% to reach USD 66.4 billion by 2034. This significant expansion is largely fueled by rising consumer awareness regarding road safety and a growing appetite for vehicles equipped with automated support features.

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ADAS Software Market: Growth Forecast & Industry Share Report to 2034

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  1. ADAS Software Market: Growth Forecast & Industry Share Report to 2034

  2. Executive Summary • Market Size (2024): USD 10 Billion • Forecast (2034): USD 66.4 Billion, CAGR of 21.2% (2025-2034) • Growth Drivers: • Rising demand for autonomous and semi-autonomous vehicles • Increased integration of AI and machine learning • Technological advancements in sensors and connectivity • Rapid urbanization and smart mobility initiatives • Consumer demand for in-vehicle safety and convenience

  3. Market Segmentation: • By component, the ADAS software market is segmented into software platform, middleware, application software, and operating system. In 2024, the application software segment accounted for the largest market share, contributing approximately 60% of total revenue. It is also anticipated to grow at a CAGR exceeding 22% throughout the forecast period. • In terms of systems, the market is categorized into lane departure warning (LDW), adaptive cruise control (ACC), automatic emergency braking (AEB), parking assistance, blind spot detection (BSD), night vision systems, traffic sign recognition (TSR), and others. Adaptive cruise control led the market in 2024, holding a 24% revenue share. This dominance is attributed to its essential role in maintaining safe vehicle spacing and enhancing driver comfort, especially in traffic-heavy or high-speed conditions. The global preference for vehicles that offer partial automation has amplified the popularity of such systems in both urban and highway driving scenarios.

  4. When analyzed by vehicle type, the ADAS software market is divided into commercial vehicles and passenger cars. Passenger cars dominated the market in 2024, driven by heightened demand for integrated safety and convenience technologies. This trend is especially strong in the mid-range and entry-level segments, where buyers are actively seeking vehicles with enhanced safety features. The mass integration of ADAS functionality in personal vehicles continues to be a key growth driver as automakers expand offerings to meet consumer expectations. • Based on end use, the market is split between original equipment manufacturers (OEMs) and aftermarket players. OEMs held a commanding share of around 92% in 2024. This is due to their capability to integrate ADAS software during vehicle production, which results in better optimization, increased data security, and a seamless user experience. Automakers are proactively embedding these features as standard, recognizing the growing demand for intelligent safety technologies among car buyers.

  5. Regional Insights • Regionally, the United States led the ADAS software market in 2024, generating approximately USD 3 billion and representing about 85% of the North American share. The growth in this region is closely tied to government safety initiatives and regulatory support for mandatory vehicle assistance features. Additionally, the focus on domestic innovation and national security has led to increased investment in homegrown ADAS technologies. • Competitive Analysis • Aptiv, Bosch, Continental, Magna International, Mobileye (Intel), Nvidia, Qualcomm, Tesla, Valeo, ZF Friedrichshafen.

  6. ADAS Software Market @ https://www.gminsights.com/industry-analysis/adas-software-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/14036

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  8. THANK YOU www.gminsights.com

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