<img src="https://ml.globenewswire.com/Resource/Download/afcc5182-4ae0-43a8-a965-4351d590b7ed?size=2" nborder="0" align="left" hspace="5" vspace="5" title="MnM_logo_TM_JPG.JPG" alt="MarketsandMarkets Research Pvt. Ltd."/>Delray Beach, FL, Aug. 28, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- MarketsandMarkets™ projects the Global <a href="https://www.globenewswire.com/Tracker?data=x2BtpYtr-k1GKk9Ul4HHnIyMQKxGnxOm6rZuKhxwFCeL1qvN0Eul1m1OuIg6GOoB1z6pT4J1vxqAmYEdrSHHs7Crqc_avJDsKTF0sTZEAqkf-bfoRVZgqJOuuSdcorhn_9M92UmGojUlqGAhCqrMqZUJcLk7OcBVyAHCHlJQ72QYWpHiFsxHhkpybKXEuV00O3fLIEaTyWCCzCzMNpFwonNf5_-JECyTvmGWNd4DT2Q=" rel="nofollow" target="_blank" title="Software-defined Commercial Vehicle Market">Software-defined Commercial Vehicle Market</a> is expected to exceed USD 7.29 billion by 2035. The global software-defined commercial vehicle (SDCV) market is expected to grow strongly through 2035, driven by the transition to centralized computing, electrification, cloud-based fleet management, autonomous driving, and recurring software-based revenue models. In a realistic scenario, SDV revenue from commercial vehicles is expected to reach USD 7.29 billion by 2035, representing approximately 19x growth from 2030. Get PDF Brochure — Market Data &amp; Segmentation: <a href="https://www.globenewswire.com/Tracker?data=chCssB3UiZZ9Xu2klgi2OmuuacfbUzRJyolwGTlt7ypGaoWYgQ-gpE6MQtF49N2iOqRXwQr00ExHom7o0CxNk4BMM3diwr-7VuCgY-yLX4DQUIKa7o1yeudaMGMXidUA6oatm6AWlhFZmPNWi72wK9x1X_GGkxe4DpBFWTWaQKedYlKNbRzp9GPr84GtwS8qHRLVF_2u_PqkFO4E2_BHxQik6WfhPIRPtWTj3cN-FtpXNEB6RQ3kpLsbi69l2wXKnq-QG6yYPsPrIWyYLdhcrVOanS1ccVKbCCzq62eSyA1KEjaXHi3Gbn6CourbHnVcviOZH4ior04D8_TBN3cxfQ2qTnnRAEajBu20G5Pxap0=" rel="nofollow" target="_blank" title="">https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=185870420</a> Key Market Highlights <ul><li style="margin-top:0in; margin-bottom:3pt;">Market forecast, 2033: USD 7.29 billion</li><li style="margin-top:0in; margin-bottom:3pt;">Growth rate: 19x growth from 2030 to 2035</li><li style="margin-top:0in; margin-bottom:3pt;">Leading region: Europe and North America</li><li style="margin-top:0in; margin-bottom:0in;">Leading segment: Software-defined trucks are transforming commercial vehicles from hardware-centric products into continuously evolving software platforms</li><li style="margin-top:0in; margin-bottom:3pt;">Report scope: 10 market data tables, 20 figures, 50 pages</li><li style="margin-top:0in; margin-bottom:10pt;">Key players: Applied Intuition, NVIDIA, AWS, Platform Science, HERE, Oracle, Trimble</li></ul> Why This Market Matters Commercial vehicles are rapidly evolving from hardware-centric machines into connected, software-driven platforms. Fleet operators increasingly need real-time vehicle monitoring, predictive maintenance, remote diagnostics, improved safety, and continuous software updates to reduce downtime and operating costs. Software-defined commercial vehicles address these requirements by shifting key vehicle functions from hardware toward centralized software platforms, enabling trucks and buses to become more flexible, upgradeable, and data-driven throughout their operating lifecycle. Market Overview The software-defined commercial vehicles market is expanding as OEMs and fleet operators invest in connected fleet solutions, centralized computing, and advanced electronic/electrical architectures. The market is projected to reach USD 44.6 billion by 2032, supported by growing demand for remote diagnostics, predictive maintenance, over-the-air (OTA) updates, and improved fleet efficiency. The truck segment is expected to grow faster than buses as OEMs increasingly prioritize software-defined platforms for heavy-duty applications. At the same time, the adoption of zonal control architectures is simplifying vehicle electronics, reducing wiring complexity, and creating a scalable foundation for software-driven functions. Analyst Perspective The transition to software-defined commercial vehicles represents a fundamental change in how trucks and buses are developed, operated, and upgraded. Instead of relying on hardware changes for every new function, OEMs can use centralized computing and software platforms to continuously improve vehicle performance through OTA updates, remote diagnostics, and data-driven fleet management. This creates value not only for vehicle manufacturers but also for fleet operators, who can improve uptime, optimize maintenance, and adapt vehicle functionality to changing operational requirements. For technology providers, differentiation is increasingly shifting toward scalable vehicle operating systems, high-performance computing, cybersecurity, and cloud-connected platforms that can support the entire commercial vehicle lifecycle. Speak to Our Analyst — Get Custom Insights: <a href="https://www.globenewswire.com/Tracker?data=chCssB3UiZZ9Xu2klgi2OmuuacfbUzRJyolwGTlt7yqUhZTMwHXmECJ8RPe_3q1IDdV6NIn2B_L8_vrde_CMF5VJZ-v0u30fdNMOZXfezEsXlcNfwrrUaBRIkMk_XgQ0I0YLJl1QAlHwYRCSAenJDc7XDEZw9uJ0y8ptLLD-eEG81hAwRCEs2xnAecUuos8ja7a3WPbmWrieyTS0-mtpKXgIeOEMYat1oRYgsNicZXGpgqVS1PBiCoZruNHmJUVC4AOEV3lq7ne-5cqls5cTdnz6MkdTfyA42Q8Xcf1XCs0fcdRuWz3ii4akumkYLuF0TRDMFR4vfsOa0vFV8lZ5agCtZs-6F5uNc6uyToCovHKXELyJo1TmGlg4RuGdS2IL" rel="nofollow" target="_blank" title="">https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=185870420</a> Segment Analysis The shift from distributed ECUs to centralized and zonal E/E architectures is enabling hardware–software decoupling, greater software reusability, advanced OTA capabilities, and reduced architectural complexity. At the same time, cloud-connected platforms are enabling predictive maintenance, route optimization, energy management, and fleet-level operational insights. Regional Analysis OEMs are adopting a range of development approaches, from in-house software development to co-development and platform partnerships. Daimler Truck and Volvo Group’s Coretura JV and TRATON’s ONE OS initiative highlight a growing focus on shared software platforms, centralized compute, and scalable vehicle architectures. Key Industry Trends ·Zonal control architecture is emerging as a key foundation for software-defined commercial vehicles, helping OEMs consolidate ECUs, reduce wiring complexity, improve scalability, and support faster software updates and centralized processing. ·Connected fleet solutions, predictive maintenance, remote diagnostics, and OTA updates are becoming increasingly important as fleet operators seek higher vehicle uptime, lower operating costs, and more efficient management of commercial vehicle fleets. ·Major commercial vehicle manufacturers and technology companies are accelerating SDV development through strategic collaborations. Volvo Group and Daimler Truck are working on standardized truck operating systems and centralized high-performance control units, while TRATON Group is integrating vehicle operating systems and AI-powered development capabilities to support autonomous driving and cloud-based fleet management. ·Asia Pacific is expected to hold the largest market share, supported by strong automotive technology ecosystems in China, Japan, and South Korea and increasing investments by OEMs such as Isuzu Motors and Hyundai Motor Group in software-defined commercial mobility. Competitive Landscape Top companies in the Software Defined Commercial Vehicle Market include Applied Intuition, NVIDIA, AWS, Platform Science, HERE, Oracle, Trimble, and other software and cloud providers. Related Reports <a href="https://www.globenewswire.com/Tracker?data=x2BtpYtr-k1GKk9Ul4HHnO5k7ahcJB8LMkGmGReLVNMZ3lVH3OB3NSNW30ZfV5fJdMZazi2x-6Cyi8x4YVQ7OiDMEc5R7WDYtDxsGJJMQFZUMlahifN2z5bB41Y8DcGXO-fc0GXcOsSJvsyN_1UxWjlHj_ghw0DNw9GrQrJYgL1vg8KRhuGf6Old8mqIDXBxfuQamqAVGhIzD4vVZqF2qjYWIHWfOonOSG3MFNcKE1sPTzreTeCwGAbJnSjT9iAYBVQBgog4yzs76tNC8kuFgT3K73iu28c4jhvcqXKKMNtbwe3l4HnApINHEk8XSrtTpsnxrQhc0hZ8xes29KuPnA==" rel="nofollow" target="_blank" title="Software Defined Vehicle Market">Software Defined Vehicle Market</a> <a href="https://www.globenewswire.com/Tracker?data=79NhIqPZX7AvuhTwkaBhLgu3jI3AyHjBx_OvRHljgNIbNVTtSwpQUKy6UAVIsF6qEWmk5953xussjgNVaIymBCaqKo6hpKsEY_bHh0ML2m1oxxXEuUOMZYoB-ZyrMPqQ63Z2qxUzlTL0x0wWDFRL9y7hKMlQ1vN65PtR4z0IWh-FYukCkk7WNnMDQn8qAwdEGQgNz6Hx7Ye0pVB7syjv-lxEmaOkN77WjlhSeK5MWjHSqe48llh8n-0qBzY-LJRyW6Qfcf1PmGx7UgHXwo4v-psUb4YKiIEixSwCkJ1V0T5dbzQ3cwJIriQAG1ThUKvLVMGv9FFSvCOSRzSPTrr00g==" rel="nofollow" target="_blank" title="Electric Commercial Vehicle Market">Electric Commercial Vehicle Market</a> <pre>CONTACT: About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Report Code: FUT 10598 | Published: Aug 2026 | Report Pages: 50 | Market Data Tables: 10 | Figures: 20</pre> <img alt="" src='https://ml.globenewswire.com/media/NGU3MWQyNGUtZGNhMC00NDUwLTg1N2ItZTg3M2UxY2E0MDUwLTEyMDYwNjctMjAyNi0wOC0yOC1lbg==/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />

GlobeNewswire Inc.

Software-defined Commercial Vehicle Market worth $7.29 billion by 2035 — MarketsandMarkets™

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn