Blockchain Press Releases
Automotive Operating System Market to Reach $20.4 Billion, Globally, by 2032 at 14.6% CAGR: Allied Market Research
The global automotive operating system market is driven by the factors such as increase in demand for connected and autonomous vehicles, the rising focus on improving vehicle safety and security, and the integration of AI and machine learning technologies in automotive systems
PORTLAND, Ore., July 18, 2023 /PRNewswire/ — Allied Market Research published a report titled, “Automotive Operating System Market by OS Type (QNX, Linux, Windows, Android, and Others), by Vehicle Type (Passenger Cars and Commercial Vehicles), by Application (Autonomous Driving, Body Control & Comfort Systems, Infotainment System, Communication Systems, Connected Service, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.” According to the report, the global automotive operating systems industry generated $5.4 billion in 2022 and is anticipated to generate $20.4 billion by 2032, witnessing a CAGR of 14.6% from 2023 to 2032.
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Prime Determinants of Growth:
The global automotive operating system market is driven by factors such as the increase in demand for connected and autonomous vehicles, the rising focus on improving vehicle safety and security, and the integration of AI and machine learning technologies in automotive systems. However, increasing automobile system complexities and concerns about data privacy and cyber security are hampering the automotive operating systems market’s growth. On the contrary, the growing market for electric and hybrid vehicles, the intervention of innovative technologies for advanced user interfaces, and the growing market for electric and hybrid vehicles are expected to offer remunerative opportunities for the expansion of the automotive operating systems market during the forecast period.
Report Coverage & Details:
|
Report Coverage |
Details |
|
Forecast Period |
2023–2032 |
|
Base Year |
2022 |
|
Market Size in 2022 |
$5.4 Billion |
|
Market Size in 2032 |
$20.4 Billion |
|
CAGR |
14.6 % |
|
No. of Pages in Report |
290 |
|
Segments Covered |
OS Type, Application, Vehicle Type, and Region. |
|
Drivers |
Increase in demand for connected and autonomous vehicles |
|
Rising focus on improving vehicle safety and security |
|
|
Integration of AI and machine learning technologies in automotive systems |
|
|
Opportunities |
Increasing automobile system complexities |
|
Concerns about data privacy and cyber security |
|
|
Restraints |
Growing market for electric and hybrid vehicles |
|
The intervention of innovative technologies for advanced user interface |
COVID-19 Scenario:
- The COVID-19 pandemic had a significant impact on the global automotive operating system and brought about a shift in consumer behavior and preferences, including the demand for touchless and contactless interfaces in vehicles.
- However, the COVID-19 pandemic has accelerated the adoption of virtual assistants in automotive operating systems. Virtual assistants like Amazon Alexa or Google Assistant enable drivers to interact with their vehicles through voice commands, providing a hands-free and contactless experience. This application has increased demand in the global automotive operating system market.
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The Linux segment to maintain its leadership status throughout the forecast period-
Based on OS type, the Linux segment held the highest market share in 2022, accounting for nearly two-fifths of the global automotive operating system market revenue, and is estimated to maintain its leadership status throughout the forecast period. This is because it provides a robust and flexible platform for managing and controlling various functions and components within a vehicle, including advanced driver assistance systems (ADAS), infotainment systems, and vehicle diagnostics, among others. However, the Android segment is projected to manifest the highest CAGR of 18.1% from 2023 to 2032. This is due to the fact that it offers a range of features and functionalities tailored to meet the unique requirements of vehicles.
The infotainment system segment to maintain its leadership status throughout the forecast period-
Based on application, the infotainment system segment held the highest market share in 2022, contributing to around one-fourth of the global automotive operating system market revenue, and is estimated to maintain its leadership status throughout the forecast period. The growth is attributed to its software for gathering data, including vehicle location, driver behavior, engine diagnostics, and vehicle activity. However, the ADAS and Safety System segment is projected to manifest the highest CAGR of 17.4% from 2023 to 2032. owing to the rise in demand for safety features in cars owing to the introduction of severe norms that make their installation mandatory in automobiles.
The Passenger Cars segment to maintain its lead position during the forecast period-
Based on vehicle type, the passenger cars segment accounted for the largest share in 2022, accounting for more than two-thirds of the global automotive operating system market, and is estimated to maintain its lead position throughout the forecast period. Owing to increasing disposable income, high demand for personal mobility, increasing per capita income, and improved lifestyles, there is an enhanced need for passenger cars with high-end software-based in-vehicle features. However, the commercial vehicles segment is expected to portray the highest CAGR of 16.3% from 2023 to 2032. This is due to the rising demand for monitoring and vehicle tracking systems in the logistics sector, which is expected to boost the adoption of telematics in commercial vehicles.
Europe to maintain its dominance by 2022-
Based on region, Europe held the highest market share in terms of revenue in 2022, holding more than one-fourth of the global automotive operating system market. owing to technological advancements, government regulations, and the presence of prominent automotive manufacturers and technology companies in the region. On the other hand, the Asia-Pacific region is estimated to maintain its leadership status throughout the forecast period. Simultaneously, the same region is expected to witness the fastest CAGR of 16.2% from 2023 to 2032. owing to growing demand for connected vehicles, driven by rising consumer expectations for advanced connectivity features.
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Leading Market Players: –
- Siemens
- Renesas Electronics Corporation
- BlackBerry Limited
- Alphabet Inc.
- Luxoft
- A DXC Technology Company
- Automotive Grade Linux
- NVIDIA Corporation
- Wind River Systems, Inc.
- Green Hills Software
- Microsoft Corporation
The report provides a detailed analysis of these key players in the global automotive operating system market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others, to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolios, and strategic moves of market players to showcase the competitive scenario.
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Similar Reports We Have on Automotive Industry:
United States Automotive Operating System Market Report 2023-2035
Europe Automotive OS Market Report 2023-2035
Asia-Pacific Automotive OS Market Report 2023-2035
Japan Automotive OS Market Report 2023-2035
South Korea Automotive OS Market Report 2023-2035
China Automotive OS Market Report 2023-2035
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Blockchain Press Releases
Bybit Partnered with University of Wollongong in Dubai to Host Exclusive Demo Trading Challenge
DUBAI, UAE, March 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered exclusively with the University of Wollongong in Dubai (UOWD) to host a Demo Trading Challenge & Workshop at UOWD campus. This initiative equipped students from Business Analysis, Finance, Accounting, and other business-related disciplines with practical trading knowledge, enhanced their understanding of cryptocurrency markets, and bridged the gap between academic theory and real-world trading strategies.
UOWD, the UAE’s first international Australian university, is recognized for its commitment to academic excellence and industry collaboration. Accredited by both the UAE Ministry of Education and Australia’s Tertiary Education Quality and Standards Agency (TEQSA), UOWD has played a key role in developing future business and finance leaders.
Bybit leveraged this collaboration to strengthen its ties with UOWD, increase brand visibility within the academic community, and introduce students to the Bybit trading ecosystem. Additionally, this initiative aligned with Bybit’s broader strategy to identify and recruit top-tier fresh graduates, expanding its talent pipeline in the region.
The workshop provided participants with hands-on experience using Bybit’s demo trading platform, allowing them to navigate market fluctuations in real time while learning key strategies from industry experts. The event culminated in a competitive trading challenge, where students applied their newly acquired knowledge in a dynamic, risk-free environment.
Attendees also gained insights from a lineup of distinguished speakers alongside Bybit’s senior product managers specializing in trading bots, copy trading, and demo trading. Their expertise gave students a deeper understanding of spot and contract trading processes, market data analysis, and risk management.
“At Bybit, we believe that financial literacy and hands-on experience are key to unlocking opportunities in the digital economy,” said Phoebe Peng, Head of Organization Development at Bybit. “Through this collaboration with UOWD, we empowered the next generation of professionals with the skills and knowledge needed to thrive in the evolving world of cryptocurrency trading.”
This partnership underscored Bybit’s dedication to fostering financial literacy and talent development within the digital asset ecosystem. Bybit continues to expand its engagement with educational institutions worldwide, creating opportunities for emerging professionals to explore the potential of Web3 and decentralized finance.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
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Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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