In 2021, the top 10 Automotive software vendors accounted for nearly 57.6% of the global Automotive applications market which grew 10.4% to approach nearly $13.8 billion in license, maintenance and subscription revenues.
Cox Automotive was the market leader with a 17.1% market share followed by SAP, Microsoft, CDK Global, and Reynolds and Reynolds.
We ask the simple question: Who’s buying Automotive applications from whom and why? And we provide the answers – supported by decades of research – to our clients around the world. (Sample from our Apps Database)
Through our forecast period, the Automotive applications market size is expected to reach $15.4 billion by 2026, compared with $13.8 billion in 2021 at a compound annual growth rate of 4.2%.
| Exhibit 2: Worldwide Automotive Software Market 2021-2026 Forecast, $M | |||
|---|---|---|---|
| Year | 2021 | 2026 | 2021-2026 CAGR, % |
| Total | 13822 | 15392 | 4.2% |
Source: Apps Run The World, September 2022
Top 10 Automotive Software vendors
Automotive (Automotive production, equipment, repair, services) – PLM, CAD, CAM, Dealer Management System, Parts Management, Financials, HR, Procurement.
Analytics could be the baseline for next-generation automobile apps not just for PLM to manufacture personalized cars, but also self-driving models that redefine transportation. Still supporting operations of global OEMs with unified systems will be top priority for apps vendors.
Here are the rankings of the top 10 Automotive software vendors in 2021 and their market shares.
| Rank | Vendor | 2020 Automotive Apps Revenues, $M | 2021 Automotive Apps Revenues, $M | YoY Growth | 2021 Automotive Market Share, % | Recent Developments |
|---|---|---|---|---|---|---|
| 1 | Cox Automotive | Subscribe | Subscribe | 1.3% | Subscribe | In 2021, Cox Automotive acquired FleetMaster, a cloud-based fleet software company that delivers solutions to rental companies, dealerships and automotive manufacturers. With this acquisition, Cox Automotive aims to expand its capabilities to customers and prospects in Europe. More than 40,000 auto dealer clients across five continents are supported by Cox Automotive’s technology. |
| 2 | SAP | Subscribe | Subscribe | 0.8% | Subscribe | The intelligent business suite SAP S/4HANA is designed to transform automotive business and SAP Fiori provides customized user experience and integrates every part of the business with accurate analysis and projections. SAP’s stable digital core and line-of-business extensions flexibility, has simplified Automotive Business Process. |
| 3 | Microsoft | Subscribe | Subscribe | 8.9% | Subscribe | Microsoft unveiled a total solution for the automotive and mobility sectors in China. The solution is based on Microsoft’s Smart Cloud and Smart Edge technologies to achieve key innovations in two major areas: autonomous driving and smart cockpits. |
| 4 | CDK Global | Subscribe | Subscribe | 2.1% | Subscribe | In July 2022, CDK Global was acquired by Brookfield Business Partners. CDK’s transition brings additional uncertainty to a DMS market that is evolving with new entrants and technology. |
| 5 | Reynolds and Reynolds Company | Subscribe | Subscribe | 6.7% | Subscribe | In 2022, Reynolds and Reynolds Company acquired Proton Dealership IT, a provider in dealership cybersecurity. Cybersecurity threats have cost businesses millions of dollars, and dealerships are becoming a prime target for these kinds of attacks. |
| 6 | Dassault Systemes | Subscribe | Subscribe | 7.2% | Subscribe | Dassault Systèmes is recognised as a long-standing growth partner of Hyundai Motor. It has contributed to the development of vehicles and related technologies by providing CATIA and technical support to Hyundai Motor for the past 30 years. |
| 7 | Autodesk | Subscribe | Subscribe | 15.8% | Subscribe | Autodesk recently completed their business model transition from selling perpetual licenses to selling subscriptions. The subscription revenue increased 26% and ther remaining performance obligations increased 19% from fiscal 2020. |
| 8 | Solera Holdings | Subscribe | Subscribe | 22.9% | Subscribe | In 2022, Solera Holdings has acquired Spireon, a device-independent telematics and connected vehicle intelligence provider. Solera’s strategic acquisition of Spireon will further strengthen its position as a of AI-powered software, services, and data assets to four critical pillars of the vehicle lifecycle: Vehicle Claims, Vehicle Repair, Vehicle Solutions, and Fleet Solutions. |
| 9 | Siemens Digital Industries Software | Subscribe | Subscribe | 6.6% | Subscribe | With more than 170,000 customers worldwide and offices in every part of the industrialized world, Siemens works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve sustainable competitive advantage. |
| 10 | Cadence Design Systems | Subscribe | Subscribe | 11.4% | Subscribe | In 2021, Cadence Design Systems released Cadence Integrity 3D-IC platform, the industry’s first comprehensive, high-capacity 3D-IC platform that integrates 3D design planning, implementation and system analysis in a single, unified cockpit. The Integrity 3D-IC platform underpins Cadence’s third-generation 3D-IC solution, providing customers with system-driven power, performance and area for individual chiplets through integrated thermal, power and static timing analysis capabilities. |
| Subtotal | Subscribe | Subscribe | 5.6% | Subscribe | ||
| Other | Subscribe | Subscribe | 17.7% | Subscribe | ||
| Total | 12518 | 13822 | 10.4% | 100% |
Source: Apps Run The World, September 2022
Other Automotive software providers included in the report are: Adobe, ADP, Alfa Financial Software Holdings plc, Altair Engineering, Inc., Ansys Inc., Aptean, ARI Network, Atlassian, AVEVA Group, Bentley Systems Inc., Bynx, Cegedim, Blue Yonder, Cisco Systems, Citrix, Corel Corporation, CCC Intelligent Solutions, Constellation Software Inc., DealerSocket, Inc., Descartes Systems Group, Drive Software Solutions LTD, Exela Technologies, Inc., GE Digital, GEP Procurement, Google, Hexagon, IBM, IFS, Infor, Intuit Inc., LECTRA, LivePerson Inc., LogMeIn, Inc., Manhattan Associates Inc., Mitchell International, Inc., Nuance Communications Inc., Oracle, Open Text Corporation, Palantir Technologies, Plex Systems Inc, PTC, QAD Inc., RingCentral, Roper Technologies, Inc., Sage, SAS Institute, ServiceNow, Shopify, SolarWinds, SupplyOn, Solera, Synopsys, Sofico NV, Salesforce.com, The Innovation Group, Trimble, UKG, Verizon Connect, Workday, Yonyou, Zoom Video Communications and many others.
Custom data cuts related to the Automotive Applications market are available:
- Top 1000 Automotive Applications Vendors and Market Forecast 2021-2026
- 2021 Automotive Applications Market By Functional Market (16 Markets)
- 2021 Automotive Applications Market By Country (USA + 45 countries)
- 2021 Automotive Applications Market By Region (Americas, EMEA, APAC)
- 2021 Automotive Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
- 2021 Automotive Applications Market By Customer Size (revenue, employee count, asset)
- 2021 Automotive Applications Market By Channel (Direct vs Direct)
- 2021 Automotive Applications Market By Product
Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.
Automotive Software Purchases Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database
On the buyer side, customers are investing in Automotive systems based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.
Since 2010, our global team of researchers have been studying the patterns of the latest Automotive software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these customer Automotive wins and losses from public and proprietary sources.
The research results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.
Source: Apps Run The World, September 2022
Further Readings
An expanded version of this report covers the top 1000+ Automotive Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares(SCORES) within their respective space. We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.
More Enterprise Applications Research Findings
Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2021 product revenues.
Their 2021 results are being broken down, sorted and ranked across 16 functional areas (from Analytics to Treasury and Risk Management) and by 21 vertical industries(from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.
Research Methodology
Each year our global team of researchers conducts an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.
We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.
Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.
The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.
