Automotive Data Analytics Market 2019 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2023

Automotive Data Analytics Market Analysis From 2019 To 2023 is latest report published by Market Research Future. According to report Global Vehicle Analytics Market To rise at 24% by 2023. Vehicle Analytics Market segmentation based on Product, Technology, Access Type, Vehicle Types and region.

Vehicle Analytics Market is projected to expand with a 24% CAGR while achieving USD 4.3 Billion in earnings by the year 2023.

The proliferation of mobile communication devices is expected to bolster the vehicle analytics market. Reports that explore the automobile industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is geared to achieve USD 4.3 Billion by 2023 while expanding at 24 % of CAGR roughly in the forecast period.

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Automotive Data Analytics Market Major Key Players

The key players in the global vehicle analytics market include

  • Agnik LLC (USA)
  • Automotive Rentals (ARI) (USA)
  • CloudMade (Ukraine)
  • Genetec (Canada)
  • Harman International Industries, Inc. (the USA)
  • IBM Corporation (USA)
  • Intelligent Mechatronic Systems (Canada)
  • Inseego (USA)
  • Inquiron (USA)
  • Microsoft Corporation (USA)
  • SAP SE (Germany)
  • Teletrac Navman (USA)

Vehicle Analytics Market Competitive Analysis

The decrease in the barriers to trade is anticipated to extend innovative areas for development in the forthcoming years. Also, the competition being noticed in the market is not unfavorable to the distinct player’s progress in the market. The market is well equipped to navigate the shifting tides, abrupt upheavals, and unexplored waters in the global economy. The fiscal inflows in the market are being focused towards growing the inventions in the central product offering presented in the market so that the development doesn’t go off in the approaching period. The motive of properly bolstering the global economy is being driven through the development of this market as well. The global administrations have also contributed substantially towards the development of the market in current years. The rise of sponsors in the market has put on an essential role in the advancement of the market. The market has obtained an incremental stride in the past few years, which is emphasized by the accomplishments in terms of valuation. The expansion of the resources required to withstand against competition has enhanced significantly leading to a record progress rate.

Automotive Data Analytics Market Segmentation:

The global vehicle analytics market has been segmented on the basis of application, component, end user, managed services by deployment, professional services, and lastly, region. Application-based segmentation of this market covers dealer performance analysis, driver & user behavior analysis, infotainment, predictive maintenance, road charging, safety & security management, traffic management, usage-based insurance, and warranty analytics. Segmentation by components segments the market into software and services.

Based on the end user, the market has been segmented into automotive dealers, fleet owners, insurers, service providers, travel & hospitality, and others. Managed services by deployment segment the market into on-demand deployment and on-premise deployment. On-demand deployment is customized deployment that can vary as per the requirement of client. On-premise deployment is defined as the procedure of setting up the system in the client premises which is usually a center that would track the GPS of the vehicle. On the basis of professional services, the market has been segmented into consulting services, deployment & integration, and support & maintenance.

Global Vehicle Analytics Market Regional Analysis:

The regional segmentation segments the global vehicle analytics market into continents-based regional markets namely Asia Pacific, North America, Europe and rest of the world (RoW). North America has the largest market share due to technological advancement, increasing use of mobile devices, tablets, and smartphones in this region, and developed the automotive sector in this region. Many key market players are also based in North America. The biggest country-specific markets in this region are the United States of America (USA) and Canada.

After North America, Europe has maximum technological advancement as well as developed automotive sector. Many key market players are based in Europe too, especially in Germany. Other important country-specific markets in Europe are France and the United Kingdom (UK). According to the report, Asia Pacific region is expected to witness the fastest growth during the forecast period. In this region, the strongest economies with developed automotive sectors are China, India, and Japan.

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TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 VEHICLE ANALYTICS MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY COMPONENT

6.2.1.1 SOFTWARE

6.2.1.2 SERVICES

6.2.1.2.1 PROFESSIONAL SERVICES

6.2.1.2.1.1 DEPLOYMENT & INTEGRATION

6.2.1.2.1.2 SUPPORT & MAINTENANCE

6.2.1.2.1.3 CONSULTING SERVICES

6.2.1.2.2 MANAGED SERVICES

6.2.2 BY DEPLOYMENT

6.2.2.1 ON DEMAND

6.2.2.2 ON PREMISE

6.2.3 BY APPLICATION

6.2.3.1 PREDICTIVE MAINTENANCE

6.2.3.2 TRAFFIC MANAGEMENT

6.2.3.3 WARRANTY ANALYTICS

6.2.3.4 INFOTAINMENT

6.2.3.5 USAGE BASED INSURANCE

6.2.3.6 ROAD CHARGING

6.2.3.7 DEALER PERFORMANCE ANALYSIS

6.2.3.8 SAFETY & SECURITY MANAGEMENT

6.2.3.9 DRIVER & USER BEHAVIOR ANALYSIS

6.2.4 BY END USER

6.2.4.1 TRAVEL & HOSPITALITY

6.2.4.2 SERVICE PROVIDERS

6.2.4.3 AUTOMOTIVE DEALERS

6.2.4.4 FLEET OWNERS

6.2.4.5 INSURERS

6.2.4.6 OTHERS

6.2.5 BY REGION

6.2.5.1 NORTH AMERICA

6.2.5.2 EUROPE

6.2.5.3 ASIA-PACIFIC

6.2.5.4 REST OF THE WORLD

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