An increasing number of sensors having better performance in terms of range and resolution directly impacts the need for computing power in passenger cars. Generally speaking, computing revenue for ADAS and cockpit processor is increasing quickly, with a 13% CAGR between 2022 and 2028 and reaching a value of $12.7 billion in 2028. Among these two categories, ADAS is the largest segment, representing more than 60% of the revenue in 2028 (according to the Computing & AI for Automotive report).

There are also interesting changes in the computing market. Mobileye has dominated the automotive vision processor market for a long time, accounting for 52% market share in 2022, followed by players like AMD, Nvidia or Tesla.

The cockpit processor market is dominated by Qualcomm, a new player compared to competitors, Renesas or NXP. Qualcomm entered the automotive market through the cockpit, leveraging its knowledge in user experience, acquired in the smartphone market. But the ultimate goal of Qualcomm is not the cockpit market, it is the much more lucrative ADAS market. We expect that Qualcomm will rapidly gain some market share in the ADAS domain and quickly become a significant player to compete with Mobileye.

Today, Chinese companies like Horizon Robotics, Black Sesame or Hisilicon, among others, are gaining design wins and their market share is expected to increase significantly in the next five years. They are very active in both ADAS and cockpit domains.