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The Europe IT Spending in Automotive 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 in automotive industry covering software development, digital transformation, connected vehicle technologies, and manufacturing automation. Encompasses cloud computing, AI/ML, IoT platforms, and cybersecurity solutions.
Manufacturing digitalization leads 42%. Germany dominates 38%. Connected car technologies growing 65%. Cloud adoption 78%. AI implementation 52%. Cybersecurity investments up 45%. Digital twin adoption 38%. Software development expanding 55%. Market driven by vehicle electrification and autonomous driving development.
Report Includes
This report is an essential reference for who looks for detailed information on Europe IT Spending in Automotive. 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 IT Spending in Automotive, 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 IT Spending in Automotive, 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 IT Spending in Automotive. This report contains market size and forecasts of IT Spending in Automotive in Europe, including the following market information:
We surveyed the IT Spending in Automotive 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:
The report also provides analysis of leading market participants including:
FAQs on the Europe IT Spending in Automotive Market (2024-2030)
1. What is the market size of the Europe IT Spending in Automotive industry in 2024?
2. What is the projected market size by 2030?
3. What is the expected CAGR during the forecast period?
4. What are the key drivers of IT spending in the automotive sector?
Rise in Connected Vehicles – Increasing adoption of IoT and cloud computing.
Shift Toward Software-Defined Vehicles – Higher investments in embedded software and AI.
Autonomous & Electric Vehicles Growth – Demand for IT solutions in vehicle automation.
Cybersecurity & Data Analytics – Need for secure and intelligent vehicle operations.
Digital Transformation in Manufacturing – Implementation of smart factories and Industry 4.0.
5. What are the major segments of IT spending in the automotive industry?
Cloud Computing & Data Analytics – Essential for vehicle connectivity and autonomous driving.
AI & Machine Learning – Enhancing predictive maintenance and driver assistance systems.
Cybersecurity Solutions – Protecting vehicle networks from cyber threats.
Enterprise Software & ERP Systems – Improving efficiency in automotive production.
IoT & Telematics – Enabling real-time vehicle tracking and remote diagnostics.
Key Points of this Report:
Reasons to Purchase this Report:
1.1 Product Overview and Scope of IT Spending in Automotive
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
1.3.1 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)
2.1 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
3.1 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
4.1 Europe Production
4.1.1 Europe Production YoY Growth Rate (2019-2023)
4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2024)
5.1 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
6.1 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)
7.1 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)
8.1 SAP SE
8.1.1 SAP SE Corporation Information
8.1.2 SAP SE Product Portfolio
8.1.3 SAP SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 SAP SE Main Business and Markets Served
8.1.5 SAP SE Recent Developments/Updates
8.2 IBM Corporation
8.2.1 IBM Corporation Corporation Information
8.2.2 IBM Corporation Product Portfolio
8.2.3 IBM Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 IBM Corporation Main Business and Markets Served
8.2.5 IBM Corporation Recent Developments/Updates
8.3 Microsoft Corporation
8.3.1 Microsoft Corporation Corporation Information
8.3.2 Microsoft Corporation Product Portfolio
8.3.3 Microsoft Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Microsoft Corporation Main Business and Markets Served
8.3.5 Microsoft Corporation Recent Developments/Updates
8.4 Oracle Corporation
8.4.1 Oracle Corporation Corporation Information
8.4.2 Oracle Corporation Product Portfolio
8.4.3 Oracle Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Oracle Corporation Main Business and Markets Served
8.4.5 Oracle Corporation Recent Developments/Updates
8.5 DXC Technology
8.5.1 DXC Technology Corporation Information
8.5.2 DXC Technology Product Portfolio
8.5.3 DXC Technology Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 DXC Technology Main Business and Markets Served
8.5.5 DXC Technology Recent Developments/Updates
8.6 Infosys Limited
8.6.1 Infosys Limited Corporation Information
8.6.2 Infosys Limited Product Portfolio
8.6.3 Infosys Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Infosys Limited Main Business and Markets Served
8.6.5 Infosys Limited Recent Developments/Updates
8.7 Capgemini SE
8.7.1 Capgemini SE Corporation Information
8.7.2 Capgemini SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Capgemini SE Main Business and Markets Served
8.7.4 Capgemini SE Recent Developments/Updates
8.8 Accenture PLC
8.8.1 Accenture PLC Corporation Information
8.8.2 Accenture PLC Product Portfolio
8.8.3 Accenture PLC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Accenture PLC Main Business and Markets Served
8.8.5 Accenture PLC Recent Developments/Updates
8.9 Tata Consultancy Services Limited
8.9.1 Tata Consultancy Services Limited Corporation Information
8.9.2 Tata Consultancy Services Limited Product Portfolio
8.9.3 Tata Consultancy Services Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Tata Consultancy Services Limited Main Business and Markets Served
8.9.5 Tata Consultancy Services Limited Recent Developments/Updates
8.10 Wipro Limited
8.10.1 Wipro Limited Corporation Information
8.10.2 Wipro Limited Product Portfolio
8.10.3 Wipro Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Wipro Limited Main Business and Markets Served
8.10.5 Wipro Limited Recent Developments/Updates
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 IT Spending in Automotive
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Europe Production, Revenue Forecast (2024-2030)
13.1 Europe Forecasted Consumption of by Country
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)
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
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?