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Automotive Software Market to hit USD 409.29 Bn over the forecast period (2022-2029), Dynamics and Regional Insights

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Pune, Feb. 14, 2023 (GLOBE NEWSWIRE) — As per the MMR Research Analyst Ms Neha Nalwade, the total global market for Automotive Software was USD 240 Bn in 2021 and is expected to grow at 6.9 percent CAGR reaching 409 Bn by 2029.. Maximize Market Research firm, a global Automotive and Transportation research and consulting firm in India, has served more than 600 clients across the world since 2017.

Automotive Software Market Report Scope and Research Methodology

The objective of the report is to forecast the global Automotive Software Market based on segments, companies and regional distribution. The research is conducted by dividing the market into three major segments: vehicle type, application and software layer. These major segments of the Automotive Software Market were further divided into various sub-segments which helps understand the market structure easily. The report also includes regional insights with their market size. The bottom-up approach is used to estimate the Automotive Software Market size. The report includes a list of key players with an in-depth analysis of their market share, presence in the market and financial position.

To collect the data for the Automotive Software Market report, primary and secondary research methods were used. The data collected by using both methods were combined to make the report authentic and provide error-free findings. Primary data was collected by conducting interviews with experts from the automotive & IT industries and suppliers to obtain key inputs about the region-wise trends in the industry and specific companies. The key respondents include representatives from the manufacturing TIER 1, TIER 2 companies, and OEMs. The industry experts were also interviewed to validate the key findings. The secondary data was collected from the sources such as the China Association of Automobile Manufacturers (CAAM), secondary sources such as the International Organization of Motor Vehicle Manufacturers (OICA) and others. The report also includes a detailed list of the sources used for the secondary data collection.

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/22003

Automotive Software Market Overview

Automotive Software is a collection of programmable instructions that are used in performing several operations of computer-based in-vehicle applications. It is used to schedule appointments, digitally inspect vehicles and accept bookings. Automotive software is used for the embedded systems of vehicles. The software is used in applications such as body control, infotainment, comfort, and telematics. Safety and communication applications and Advanced Driver Assistance Systems (ADAS) are the others applications that use the automotive software.

Automotive Software Market Dynamics

The Automotive Software Market growth is majorly driven by the increasing number of connected cars. The increasing number of connected cars has generated new opportunities for the stakeholders in the industry. The rising advancements in 5G and AI technology are expected to drive the market during the forecast period. The increasing AI in the automotive sector and increasing awareness of it are expected to drive the Automotive Software Market in the future. However, the high costs of the infrastructure required for 5G and wireless connectivity are limiting the market growth.

Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/22003

Automotive Software Market Regional Insights

During the forecast period, the Asia Pacific region is expected to hold the largest Automotive Software Market share. The regional market is driven by the increasing demand for connected services, particularly in China, Japan and South Korea. Compared to North America and Europe, the market size of the region is bigger due to the higher vehicle production even though the automotive software penetration is very low.

Market Size in 2021 USD 240 Bn.
Market Size in 2029 USD 409.29 Bn.
CAGR 12.8% (2022-2029)
Forecast Period 2022-2029
Base Year 2021
Number of Pages 296
No. of Tables 116
No. of Charts and Figures 103
Segment Covered Vehicle Type, Application, Software Layer and End-User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Automotive Software Market Segmentation

By Vehicle type

  • Passenger car
  • LCV
  • HCV

By Application

  • ADAS & Safety Systems
  • Body Control & Comfort System
  • Powertrain System
  • Infotainment System
  • Communication System
  • Vehicle Management & Telematics
  • Connected Services
  • Autonomous Driving
  • HMI Application
  • Biometrics
  • Remote Monitoring
  • V2X System

By Software layer

  • Operating System
  • Middleware
  • Application software

Automotive Software Market Key Competitors include:

  • ATEGO SYSTEMS INC. (PTC)(Myanmar)
  • Autonet,(South Africa)
  • Blackberry(Canada)
  • Wind River(US)
  • Microsoft(US)
  • ACCESS, Broadcom(US)
  • Google(US)
  • Green Hills Software(US)
  • MontaVista Software(US)
  • Mentor Graphics(US)
  • Airbiquity(US)
  • Texas Instruments(US)
  • Adobe Systems (Adobe).(US)
  • PTC Inc.(US)
  • NXP Semiconductors(Netherlands)
  • Renesas Electronics(Japan)
  • Dassault Systems(France)
  • Intellias Ltd.(Ukraine)

Purchase Report: https://www.maximizemarketresearch.com/checkout/?method=PayPal&reportId=22003&type=Single%20User

Key questions answered in the Automotive Software Market are:

  • What is Automotive Software?
  • What are the global trends in the Automotive Software Market?
  • What are the upcoming industry applications and trends for the Automotive Software Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Automotive Software Market?
  • What growth strategies are the players considering to increase their presence in Automotive Software Market?
  • Who are the leading companies and what are their portfolios in Automotive Software Market?
  • What are the major challenges that the Automotive Software Market could face in the future?
  • Who held the largest market share in Automotive Software Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Vehicle Type, Application, Software layer and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

Automotive Data Management MarketThe market size is expected to reach USD 4 billion by 2027 at a CAGR of 20 percent during the forecast period. The market is expected to be driven by the increasing demand for modern technologies like artificial intelligence, automation and database management.

Robot Software Market The market size is expected to reach USD 76.55 billion by 2029 at a CAGR of 27.3 percent during the forecast period. The market is expected to be driven by increasing adoption of technologies like the Industrial Internet of Things (IoT), which is important to the smart factory idea, as well as Industry 4.0 & industrial robots.

Supply Chain Management Software Market The market size is expected to reach USD 53.2 billion by 2029 at a CAGR of 9.3 percent during the forecast period. The market is expected to be driven by the growth in the e-commerce industry and the integration of artificial intelligence to increase efficiency, tackle worker shortages and make transportation related data driven decisions.

Automotive Cloud Based Solutions Market The market size is expected to reach USD 8.30 billion by 2029 at a CAGR of 11.57 percent during the forecast period. The market is expected to be driven by the increasing demand for advanced infotainment systems and increasing consumer disposable income.

Automotive Blockchain Market The market size is expected to reach USD 4160.99 million by 2029 at a CAGR of 31.25 percent during the forecast period. The market is expected to be driven by the increasing focus on reducing data leaks and manipulations.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

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Ancoris Recognised as Top Place to Work for Second Year Running by The Sunday Times

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Ancoris recognised for fostering a sense of empowerment and respect within the workplace91% of Ancoris employees feel empowered at work93% of employees say that are treated with respectLONDON, May 21, 2024 /PRNewswire/ — Ancoris, a UK-based Google Cloud services provider, has been named a Top Medium Business in The Sunday Times 2024 Best Places to Work list. The accolade has been awarded for the second year in a row, and recognises Ancoris’ focus on DEI; its commitment to empowerment, reward, and recognition; and its wellbeing policies and frameworks.

“I am so pleased to see Ancoris recognised, once again, as a top place to work!” says Andre Azevedo, Ancoris CEO. “Ancoris is a place where we try our best to foster collaboration, empowerment, innovation, and respect – so to have our employees echo this and respond in the way they have is amazing.”
The Sunday Times survey captured Ancoris employees’ responses in a number of categories: Reward and Recognition, Information Sharing, Empowerment, Wellbeing, Instilling Pride, and Job Satisfaction. The independently managed survey showed Ancoris scoring “excellent” across all six engagement categories, with top scores in Empowerment, Wellbeing, Reward & Recognition. In response, 93% of employees say they are treated with respect; 92% feel trusted and able to make decisions; and 91% of employees feel empowered at work.
“We’ve seen a lot of change over the last 12 months. The rise of Generative AI has caused shifts in our market and  economic conditions are causing customers to really qualify where they make technology investments. These pivots undoubtedly have an impact on our employees and how people feel at work,” Azevedo continues. “I truly believe, however, the innovative work we are doing for our customers has helped us maintain and create an even stronger sense of collaboration and pride for our team members. We’re lucky to have so many smart people within our business, so continuing to give them interesting, challenging, and rewarding problems to solve for our customers is really key.”
About AncorisAncoris is a leading Google Cloud Services Provider, headquartered in the UK, on a mission to become the most innovative Google Cloud partner in the ecosystem. Ancoris leverages its strong problem solving skills and continuous improvement approach to help customers become AI Native and stay ahead of their competition. Ancoris has extensive experience in Google Cloud technologies helping enterprises integrate AI-native solutions into their business through expertise in Data & AI, Application and Infrastructure Modernisation, Workspace, and Maps. Ancoris was recognized as a Rising Star for Data, Analytics, and Machine Learning in the ISG Provider™ Lens for Google Cloud Partner Ecosystem in 2022 and 2023 consecutively, and awarded Google Cloud’s 2024 EMEA Public Sector Partner of the Year award. Ancoris employs the best in the business and was named in the Top 10 Sunday Times Best Places to Work 2023, and a Top Place to Work in 2024.
Contact: Holly [email protected]
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Department of Health – Abu Dhabi Partners with Roche Pharmaceuticals Middle East to Elevate Research, Clinical Trials, and Real-World Data

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ABU DHABI, UAE, May 21, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, signed a Memorandum of Understanding (MoU) with Roche Pharmaceuticals Middle East during Abu Dhabi Global Healthcare Week (ADGHW). Under the MoU, the two entities will advance critical research using real-world data to study and assess the spinal muscular atrophy burden in Abu Dhabi, as well as assessing potential conduction of research and the facilitation of real-world data collection to monitor Duchenne Muscular Dystrophy (DMD) disease.

 
 
In the presence of Dr. Rashed Alsuwaidi, the Executive Director of the Healthcare Workforce Planning Sector at DoH and Michael Oberreiter, Head of Global Access at Roche Pharmaceuticals, the MoU was signed by Dr. Asma Al Mannaei, the Executive Director of the Research and Innovation Centre at DoH and Mohamed Elshaarawy, General Manager Roche Pharmaceuticals, UAE.
Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Center at the at DoH said: “Abu Dhabi has a track record of excellence and fast-growing, future-forward, data-enabled services. Serving as a hub for healthcare data, Abu Dhabi’s substantial computing power enables it to harness the potential within this data, transforming it into valuable information. This, in turn, allows us to innovate and develop novel approaches to shift healthcare towards prediction, prevention, and treatment, thereby accelerating the future of healthcare, not only for Abu Dhabi but for the global community. Through international collaborations, Abu Dhabi seeks to lead research groups supported by global partners to explore the resilience and sustainability of the healthcare sector worldwide as well as expand access to quality care for patients around the world.”
The two entities will work together to support the evolution of real-world data collection frameworks in Abu Dhabi. Enhancing DoH’s ability to track and monitor outcomes of therapies will support DoH in making informed clinical and policy decisions for better optimisation of patient outcomes. Furthermore, DoH and Roche will strengthen the research network across Abu Dhabi and improve accrual for potential clinical trials.
Mohamed Elshaarawy, General Manager Roche Pharmaceuticals, UAE said: “This MoU underscores our collaboration with the DoH which is fuelled by a shared vision of harnessing the power of data to drive informed decision-making within the healthcare system. Data-driven healthcare systems hold immense potential to revolutionise patient care and outcomes. Through the generation, utilisation, and realisation of data, healthcare professionals and policymakers can unlock valuable insights, identify trends, and make evidence-based decisions. This data-driven approach enables us to optimise resource allocation, personalise treatment approaches, and ultimately achieve better patient outcomes. By harnessing the full potential of data, we can improve the overall efficiency and effectiveness of the healthcare system, ensuring that every patient receives the highest quality of care tailored to their specific needs. We are sincerely grateful for the trust, confidence, and empowerment the DoH has placed in establishing this effective public-private partnership with Roche in the UAE.”
Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, ADGHW is a major government initiative by the DoH, which took place from the 13th -15th May 2024.
For more information please visit: https://www.adghw.com/
About Department of Health – Abu Dhabi (DoH):
The DoH is the regulatory body of the healthcare sector at the Emirate of Abu Dhabi and ensures excellence in healthcare by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforce standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.
For further information on DoH, visit https://www.doh.gov.ae/ and follow on X, Instagram, Facebook, LinkedIn and YouTube.
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Biopharma Leaders Shape the Future of Drug Development at Veeva R&D and Quality Summit Europe

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Ascendis, Bayer, Boehringer Ingelheim, Jazz Pharmaceuticals, Novo Nordisk, Sanofi, and Teva to keynote sharing innovations to drive better patient outcomes
BARCELONA, Spain, May 21, 2024 /PRNewswire/ — Veeva Systems (NYSE: VEEV) today announced that leaders from Ascendis Pharma A/S, Bayer, Boehringer Ingelheim, Jazz Pharmaceuticals, Novo Nordisk, Sanofi, and Teva will be keynote speakers at Veeva R&D and Quality Summit, Europe, June 4-5 in Madrid, Spain. Life sciences professionals across the industry will come together to share how connected technologies across clinical, regulatory, safety, and quality are advancing innovations for patients.

As one of the largest gatherings of biopharma leaders in Europe, Veeva R&D and Quality Summit will bring together over 1,000 industry professionals to share learnings across more than 100 sessions. Bayer and Jazz Pharmaceuticals will join Rik Van Mol, senior vice president of Veeva Development Cloud, and Avril England, general manager of Veeva Vault, for the opening keynote to explore the future of development for new medicines and therapies.
The event’s zone keynotes include:
Ascendis and Bayer, sharing strategies to reduce costs and accelerate trials with a connected platform.Boehringer Ingelheim, detailing its shift toward data-centric regulatory information management.Novo Nordisk, showing how it uses data and AI to transform clinical research.Sanofi, explaining its innovative approach to advance quality through operational excellence.Teva, providing insight into its rapid journey from disparate safety systems into one streamlined global solution.A panel with Elpida Therapeutics CEO Terry Pirovolakis and Veeva experts will close the event with a discussion on how the industry can best accelerate the development of life-saving rare disease gene therapies.
“Connecting clinical, regulatory, safety, and quality is key to advancing the product lifecycle and delivering better outcomes for patients,” says Rik Van Mol, senior vice president of Veeva Development Cloud. “At Veeva R&D and Quality Summit, biopharma leaders can connect, exchange ideas, and share new strategies to advance the industry forward together.”
Veeva R&D and Quality Summit is open exclusively to life sciences professionals. Register and review the agenda at veeva.com/eu/Summit.
Additional InformationConnect with Veeva on LinkedIn: linkedin.com/company/veeva-systems
About Veeva SystemsVeeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com/eu.
Veeva Forward-looking StatementsThis release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-K for the fiscal year ended January 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 9 and 10), and in our subsequent SEC filings, which you can access at sec.gov.
Contact:
Jeremy WhittakerVeeva [email protected]
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