EV Charging Software Market to Reach 14.8 Billion by 2034; Surging Adoption of Electric Vehicles to Drive Market Growth

Published Date: November 2024

EV charging software is responsible for providing solutions for e-mobility service providers and EV charging operators to control electric vehicle charging activities. The software helps to increase the chargers’ uptime along with providing a better experience for drivers to charge their vehicles. Some of the features provided by the EV charging software are monitoring the charging network, alerting problems from drivers or charging infrastructures, and identifying and solving problems. The increasing adoption of electric vehicles to augment the EV charging software market growth.

Segmentation Analysis:

By Charging Site

Public and Private

By Charger Type

Slow Charging, Fast Charging, and Rapid Charging

By Vehicle Type

E-2 Wheeler, E-3 Wheeler, and E-Car

Report Highlights:

  • The EV charging software market size was valued at USD 1.5 Billion in 2024.
  • The market is projected to reach USD 14.8 Billion by 2034 with a CAGR of 28.6% during the forecast period.
  • Under the charging site segmentation, the market is segmented into public and private. The public charging site segment is expected to lead the market during 2024-2034.
  • By charger type, the market is divided into slow charging, fast charging, and rapid charging. The fast charger segment is projected to dominate the market during the forecast period.
  • The vehicle type segment include E-2 wheeler, E-3 wheeler, and E-car. The E-2 wheeler segment is expected to hold the highest EV charging software market share globally.
  • Geographically, the market is analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the market due to the existing government policies for EV adoption, large investments to develop charging infrastructure, and EV charging network operators.

Market Dynamics:

Growth Factor

Challenge Factor

Market Trend

Increased EV Adoption

High Charging Infrastructure Cost

Grid and Smart Charging Integration

Key Highlights:

  • In June 2024, KOSTAL Group is expanding its service offerings with the launch of vaylens, an innovative software division used for the management of electric vehicle (EV) charging infrastructure. Vaylens will provide software solutions to simplify the charging infrastructure operations along with enhancing the efficiency of charging billing process.
  • In January 2024, Electric Era introduced a unique referral program to expand its PowerNode™ EV fast charging stations and provide more reliable EV refills. This new program will allow site hosts, EV drivers, and others, to earn money by promoting high-quality gas stations, convenience stores, and quick-service retail establishments.

Report Analysis

EV Charging Infrastructure Software for Seamless Electric Mobility

Electric vehicles (EVs) have emerged as a key component of the global push for cleaner energy options. However, an effective and dependable EV charging infrastructure software is the foundation of electric transportation. Using the Microsoft technology stack, Zenkins, a top software development company was entrusted with creating an advanced EV charging software infrastructure.  

.NET Core, which offers a stable, scalable, and adaptable framework for creating microservices for the platform, is used to develop the main application. The software's compatibility across several operating systems is guaranteed by.NET Core's cross-platform features.

Further, Zenkins uses Azure DevOps for continuous integration and continuous delivery (CI/CD). This made it possible to roll out updates and new features quickly, keeping the program current with changing needs.

Browse Detail Report with TOC @  https://www.prophecymarketinsights.com/market_insight/ev-charging-software-market-5520

Competitive Landscape of Carbon Credits Market:

The leading players competing in the market are EV Charging Software Market including ChargePoint, EVgo, Tesla, ABB Ltd, Blink Charging, Siemens, Charge Zone, EVBox, Shell, Tata Power, Wallbox, ADS-TEC Energy, Allego, BP Pulse, BYD, ChargeLab Inc., Charzer Charging Station, Delta, Eaton Corporation, Exicom Tele-Systems Ltd, Driivz Ltd., Etrel, EVCS.

Company Name

Siemens

Headquarter

Munich, Germany

CEO

Roland Busch

Employee Count (2024)

320,000 (Approx)

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