Global Automotive Hypervisor Market Insights and Forecast to 2028

Automotive Hypervisor Market Statistics 2028

The global Automotive Hypervisor market size is projected to reach USD 1193.7 million by 2028, from USD 224 million in 2021, at a CAGR of 26.5% during 2022-2028. All vehicle classes will experience a rise in demand for cutting-edge features, which will present OEMs with an opportunity to diversify their revenue streams and enhance their geographic reach. This element will stimulate the Automotive Hypervisor market to flourish.

The growth of connected infrastructure, the acceptance of ADAS features in automobiles, and the introduction of breakthrough technologies for sophisticated user interfaces are all contributing factors to the global automotive hypervisor market.

Automotive Hypervisor Market Trends 

The use of hypervisor technology is projected to be crucial in the creation of autonomous vehicles and mobility services. The ADAS system has already demonstrated its dependability, and new, enhanced versions are often issued. The rising adoption of V2V and V2I functionalities is expected to drive demand in the automotive hypervisor market. Significant investments are being made by numerous businesses in the development of autonomous and semi-autonomous technologies.

Stakeholders in the automobile industry have clearly moved their attention to autonomous vehicles. Currently, an automobile can perceive its surroundings and connect with items outside of it thanks to a variety of electrical components. The need to generate a significant amount of data has been brought to light throughout the entire connection process with third parties. This data is useful for integrating machine learning with algorithms in the vehicle's computer system. It is predicted that OEMs, Tier I automotive suppliers, and non-automotive entities will work together in this fashion to further the development of autonomous vehicles. Therefore, a strong automotive-embedded hypervisor system is essential for the implementation of AI and the development of autonomous and semi-autonomous vehicles. This element is anticipated to fuel the automotive hypervisor market.

An interactive platform known as the user interface acts as a channel for communication between the user and the application. New automobiles are being equipped with cutting-edge technology like visual info-gratification, including digital speedometers, climate control, navigation, driving assistance, and other auto settings. These digital info-graphics systems are accessible through a touchscreen display on the car's dashboard. To give customers the same digital human experience, top automotive companies are also improving the user interface (UI) inside the next generation of vehicles by adding digital screens and human interfaces to the interior of a car. Software is required for these interfaces to enable technological fusion, which in turn fuels the growth of the automotive hypervisor market.

The rapid use of the Internet of Things (IoT) is creating rapid transformation in the global transportation infrastructure. Businesses like Cisco and IBM have created digital systems that can automate traffic lights, improve waste pickup, and improve surveillance. Together, driverless vehicles and intelligent city lighting can facilitate smooth traffic. ITS corridors are one of the factors contributing to the growth of autonomous vehicles because they provide connecting services and enable communication between vehicles and infrastructure (V2I), facilitating traffic flow. Consequently, it is anticipated that the growth of connected infrastructure will increase demand for advanced vehicles, which will in turn fuel the Automotive Hypervisor market.

Automotive Hypervisor Market Share Analysis

The premium vehicle market is anticipated to expand at the fastest rate. Since designing a hypervisor is always more expensive, it is primarily employed in luxury vehicles. Luxury automobiles have larger hardware content and more complex embedded technology due to the increased safety, comfort, and convenience features.

Type 1 is anticipated to experience the fastest global growth during the course of the forecast. The most widely used virtualized technology, Type 1 hypervisors are in high demand from global automakers. Type 1 hypervisors are extremely secure and run directly on hardware. Virtualization lowers the risk of attacks that target security holes.

The Asia Pacific region is expected to have the largest automotive hypervisor market by 2026. This region is home to some of the economies that are expanding the quickest worldwide, such as China and India. Asia Pacific is the largest market for automobiles due to the region's high demand for vehicles brought on by rising consumer purchasing power.

Segment by Type

• Bare Metal Hypervisors
• Hosted Hypervisors

Segment by Application

• Economy Vehicles
• Mid-Priced Vehicles
• Luxury Vehicles

BY COMPANY

• Mentor Graphics
• Green Hills Software
• Windriver System
• Blackberry
• Renesas
• Sasken
• Continental
• Visteon
• NXP

BY REGION

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Scope of the Automotive Hypervisor Market Report