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Europe Automotive IT Spending Market, Outlook and Forecast 2025-2032

Europe Automotive IT Spending Market, Outlook and Forecast 2025-2032

  • Category:Energy and Natural Resources
  • Published on : 03 March 2025
  • Pages :205
  • Formats:
  • Report Code:SMR-8030353

The Europe Automotive IT Spending market was valued at US$ 15.6 billion in 2024 and is projected to reach US$ 28.4 billion by 2030, at a CAGR of 10.5% during the forecast period 2024-2030.

Strategic technology investments across automotive value chain, encompassing software development, digital transformation initiatives, connected vehicle platforms, cybersecurity, and manufacturing automation solutions. Includes cloud computing, AI/ML implementation, and IoT integration.
Manufacturing digitalization leads 42%. Germany dominates 38%. Connected technologies growing 65%. Cloud adoption 78%. AI implementation 52%. Cybersecurity focus increased 45%. Digital twin adoption 38%. Software development expanding 55%. EV technology investment up 62%. Data analytics integration 48%. Industry 4.0 driving transformation.

AutomotiveITSpendingmarket

Report Includes

This report is an essential reference for who looks for detailed information on Europe Automotive IT Spending. The report covers data on Europe markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Europe major vendors¡¯ information. In addition to the data part, the report also provides overview of Automotive IT Spending, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Europe Automotive IT Spending, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive IT Spending. This report contains market size and forecasts of Automotive IT Spending in Europe, including the following market information:
We surveyed the Automotive IT Spending manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Netherlands
  • Belgium

by Products type:

  • IT Hardware
  • IT Software
  • IT Services

by Application:

  • Automotive OEMs
  • Automotive Dealers

key players include: (At least 8-10 companies included)

  • Volkswagen AG
  • Daimler AG
  • BMW Group
  • Renault Group
  • PSA Group
  • Volvo Group
  • Fiat Chrysler Automobiles
  • Bosch Group
  • Continental AG
  • Siemens AG
  • Including or excluding key companies relevant to your analysis.

FAQs on the Europe Automotive IT Spending Market

1. What is the market size of the Europe Automotive IT Spending market in 2024?

  • The Europe Automotive IT Spending market is valued at US$ 15.6 billion in 2024.

2. What is the projected market size of the Europe Automotive IT Spending market by 2030?

  • The market is expected to reach US$ 28.4 billion by 2030, driven by increased digitalization in the automotive sector.

3. What is the CAGR of the Europe Automotive IT Spending market from 2024 to 2030?

  • The market is anticipated to grow at a CAGR of 10.5% during the forecast period.

4. What does Automotive IT Spending include?

  • Automotive IT Spending covers software, hardware, cloud computing, cybersecurity, data analytics, and AI-driven solutions used in vehicle manufacturing, operations, and sales.

5. What factors are driving the growth of the Automotive IT Spending market in Europe?

Key drivers include:

  • Rise in connected and autonomous vehicles

  • Increasing adoption of AI and IoT in automotive production

  • Expansion of electric vehicle (EV) infrastructure and smart mobility solutions

  • Growing demand for cybersecurity in automotive IT systems

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Automotive IT Spending revenues in Europe market, 2019-2024 (Estimated), ($ millions)
  • Key companies Automotive IT Spending revenues share in Europe market, 2023 (%)
  • Key companies Automotive IT Spending sales in Europe market, 2019-2024 (Estimated),
  • Key companies Automotive IT Spending sales share in Europe market, 2023 (%)

Key Points of this Report:

  • The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
  • The report covers Europe and country-wise market of Automotive IT Spending
  • It describes present situation, historical background and future forecast
  • Comprehensive data showing Automotive IT Spending capacities, production, consumption, trade statistics, and prices in the recent years are provided
  • The report indicates a wealth of information on Automotive IT Spending manufacturers
  • Automotive IT Spending forecast for next five years, including market volumes and prices is also provided
  • Raw Material Supply and Downstream Consumer Information is also included
  • Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

  • Analyzing the outlook of the market with the recent trends and SWOT analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Distribution Channel sales Analysis by Value
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 1-year analyst support, along with the data support in excel format.

TABLE OF CONTENTS

1 Market Overview    



1.1 Product Overview and Scope of Automotive IT Spending 



1.2 Segment by Type    



1.2.1 Europe Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 IT Hardware    

1.2.3 IT Software

1.2.4 IT Services


1.3 Segment by Application  



1.3.1 Europe Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Automotive OEMs

1.3.3    Automotive Dealers

1.4 Europe Market Growth Prospects    

1.4.1 Europe Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Europe Production Estimates and Forecasts (2019-2030)  



2 Europe Growth Trends    



2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    



3 Market Competition by Manufacturers  



3.1 Europe Production by Manufacturers (2019-2023)    

3.2 Europe Revenue Market Share by Manufacturers (2019-2023)    

3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)    

3.4 Europe Average Price by Manufacturers (2019-2023)    

3.5 Manufacturers Production Sites, Area Served, Product Type    

3.6 Market Competitive Situation and Trends    

3.6.1 Market Concentration Rate    

3.6.2 Europe 5 and 10 Largest Players Market Share by Revenue    

3.6.3 Mergers & Acquisitions, Expansion  



4 Production by Region



4.1 Europe Production    

4.1.1 Europe Production YoY Growth Rate (2019-2023)    

4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2024)  



5 Consumption by Region  



5.1 Europe    

5.1.1 Europe Consumption by Country    

5.1.2 Europe Sales, Consumption, Export, Import (2019-2023)    

5.1.1 Germany    

5.2.2 United Kingdom

5.3.3 France

5.4.4 Italy

5.5.5 Spain

5.6.6 Netherlands

5.7.7 Belgium


6 Segment by Type   



6.1 Europe Production Market Share by Type (2019-2024)    

6.2 Europe Revenue Market Share by Type (2019-2024)    

6.3 Europe Price by Type (2019-2024) 



7 Segment by Application  



7.1 Europe Production Market Share by Application (2019-2024)    

7.2 Europe Revenue Market Share by Application (2019-2024)    

7.3 Europe Price by Application (2019-2024)  



8 Key Companies Profiled    



8.1 Volkswagen AG    

8.1.1 Volkswagen AG Corporation Information    

8.1.2 Volkswagen AG Product Portfolio    

8.1.3 Volkswagen AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.1.4 Volkswagen AG Main Business and Markets Served    

8.1.5 Volkswagen AG Recent Developments/Updates    

8.2 Daimler AG    

8.2.1 Daimler AG Corporation Information    

8.2.2 Daimler AG Product Portfolio    

8.2.3 Daimler AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.2.4 Daimler AG Main Business and Markets Served    

8.2.5 Daimler AG Recent Developments/Updates    

8.3 BMW Group    

8.3.1 BMW Group Corporation Information    

8.3.2 BMW Group Product Portfolio    

8.3.3 BMW Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.3.4 BMW Group Main Business and Markets Served    

8.3.5 BMW Group Recent Developments/Updates    

8.4 Renault Group    

8.4.1 Renault Group Corporation Information    

8.4.2 Renault Group Product Portfolio    

8.4.3 Renault Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.4.4 Renault Group Main Business and Markets Served    

8.4.5 Renault Group Recent Developments/Updates    

8.5 PSA Group    

8.5.1 PSA Group Corporation Information    

8.5.2 PSA Group Product Portfolio    

8.5.3 PSA Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.5.4 PSA Group Main Business and Markets Served    

8.5.5 PSA Group Recent Developments/Updates    

8.6 Volvo Group    

8.6.1 Volvo Group Corporation Information    

8.6.2 Volvo Group Product Portfolio    

8.6.3 Volvo Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.6.4 Volvo Group Main Business and Markets Served    

8.6.5 Volvo Group Recent Developments/Updates    

8.7 Fiat Chrysler Automobiles    

8.7.1 Fiat Chrysler Automobiles Corporation Information    

8.7.2 Fiat Chrysler Automobiles Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.7.3 Fiat Chrysler Automobiles Main Business and Markets Served    

8.7.4 Fiat Chrysler Automobiles Recent Developments/Updates    

8.8 Bosch Group    

8.8.1 Bosch Group Corporation Information    

8.8.2 Bosch Group Product Portfolio    

8.8.3 Bosch Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.8.4 Bosch Group Main Business and Markets Served    

8.8.5 Bosch Group Recent Developments/Updates    

8.9 Continental AG    

8.9.1 Continental AG Corporation Information    

8.9.2 Continental AG Product Portfolio    

8.9.3 Continental AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.9.4 Continental AG Main Business and Markets Served    

8.9.5 Continental AG Recent Developments/Updates    

8.10 Siemens AG    

8.10.1 Siemens AG Corporation Information    

8.10.2 Siemens AG Product Portfolio    

8.10.3 Siemens AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.10.4 Siemens AG Main Business and Markets Served    

8.10.5 Siemens AG Recent Developments/Updates    


9 Manufacturing Cost Analysis    



9.1 Key Raw Materials Analysis    

9.1.1 Key Raw Materials    

9.1.2 Key Suppliers of Raw Materials    

9.2 Proportion of Manufacturing Cost Structure    

9.3 Manufacturing Process Analysis of Automotive IT Spending    

9.4 Industrial Chain Analysis    



10 Marketing Channel, Distributors and Customers  



 10.1 Marketing Channel    

10.2 Distributors List    

10.3 Customers    



11 Market Dynamics



11.1 Industry Trends    

11.2 Market Drivers    

11.3 Market Challenges    

11.4 Market Restraints    



12 Production and Supply Forecast



12.1 Europe Production, Revenue Forecast (2024-2030)    



13 Consumption and Demand Forecast  



 13.1 Europe Forecasted Consumption of by Country    



14 Forecast by Type and by Application  



14.1 Europe Production, Revenue and Price Forecast by Type (2024-2030)    

14.1.1 Europe Forecasted Production of by Type (2024-2030)    

14.1.2 Europe Forecasted Revenue of by Type (2024-2030)    

14.1.3 Europe Forecasted Price of by Type (2024-2030)    

14.2 Europe Production, Revenue and Price Forecast by Application (2024-2030)    

14.2.1 Europe Forecasted Production of by Application (2024-2030)    

14.2.2 Europe Forecasted Revenue of by Application (2024-2030)    

14.2.3 Europe Forecasted Price of by Application (2024-2030)  



15 Research Findings and Conclusion   



16 Methodology and Data Source    



16.1 Methodology/Research Approach    

16.1.1 Research Programs/Design    

16.1.2 Market Size Estimation    

16.1.3 Market Breakdown and Data Triangulation    

16.2 Data Source    

16.2.1 Secondary Sources    

16.2.2 Primary Sources    

16.3 Author List    

16.4 Disclaimer    



17 Appendix    



17.1 Note    

17.2 Examples of Clients    

LIST OF TABLES & FIGURES



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