According to the Report “Automotive Data Analytics Market: By End-User (OEM, After-Market & Insurance); By Type (Software, Services); By Deployment Type (Cloud & On-Premise); By Application (Sales & Marketing, Customer behavior & Management & Others) & By Geography - Forecast (2018-2023),” published by IndustryARC, the market is driven by automotive OEMs for developing advanced technologies and integrating in connected cars.
The evolving transformation of technologies, applications and services in the automotive sensors to artificial intelligence to data analytics play a vital role to provide list of data sets in accordance to car’s performance.. The data analytics is primarily used for design and manufacturing in the automotive sector. A lot of savings is seen in terms of cost can be achieved with an efficient inbuilt automotive analytics system.
Asia-Pacific will Witness Highest Growth gain in the Automotive Data Analytics Market
Asia-Pacific is expected to have the highest growth rate during the forecast period in the vehicle data analytics market. The top nations that are contributing towards growth in the sub-regions are China, Japan, Singapore, South Korea and India. The market is mainly focused by the significant growth in cab aggregator companies’ development, which has witnessed growing ease of progress of smart cities and IoT proliferation. The automotive industry is looking forward to majorly focus on the regions like China, India, Malaysia and Thailand that holds extreme potential of adoption of advanced technologies in the near future. Cloud technologies play a huge role in the APAC region and has compelling trends that imply enormous growth opportunities.
Selected Technology Types Analysis Done in the Full Report
On the basis of channel type, the automotive OEM segment is anticipated to maintain its leading position from 2018 to 2023. This is mainly due to products performance and posing advanced version of services in vehicle analytics by automotive OEMs. At present, the OEM segment holds the largest revenue share in the global market. By analytics type segment the market is sub-segmented into Descriptive Analytics, Predictive Analytics and Prescriptive Analytics. Among all, the Predictive Analytics in automotive market is projected to enhance in the next forecast period of 2018-2023. This is possible due to advanced analytics techniques and also through the connected car technology.
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Excerpts on Market Growth Factors
· Fuel management poses and greater challenge in the automotive industry. With the use data and analytics and accessibility to greater amount of data, the usage of fuel will become ultra-efficient and gain the capability to make measurable increases in driver productivity.
· A survey done by National Automotive Board said that growing rate of accidents is due to faults or damages found in the automotive parts. With respect to this use of analytics, damaged parts of a vehicle can be identified before it causes interruptions in daily use. This will lead the driver to identify the pattern and precede an accident to manage the situations.
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Key players of the Automotive Data Analytics Market
SAP SE, IBM Corporation, Oracle Corporation, Google, Inc., Microsoft, Inc., Intel Corporation, Capgemini SE and others. SAP SE has software like Vehicle Insights Software, Connected Cars Analytics & Telematics, Real Time Advanced Analytics, Predictive Analytics & Modeling Software and others. IBM Corporation has IoT for Automotive, is an leading solution for collecting sensor data, real time analytics, and decision making in connected vehicles. Capgemini SE has services in Automotive Connect OEM, Automotive connect retailer, and others. The growing adoption of unexplored opportunities in automotive industry will help the competitors and service provider to bring new automotive software solution to the market.
The Automotive Data Analytics Market report is segmented as below:
A. Automotive Data Analytics Market - By Channel
1. OEMs
2. After-Market
3. Insurance
B. Automotive Data Analytics Market - By Type
1. Software
2. Services
2.1 Consulting Services
2.2 System Integration Services
2.3 Managed Services
C. Automotive Data Analytics Market - By Analytics Type
1. Descriptive Analytics
2. Predictive Analytics
3. Prescriptive Analytics
D. Automotive Data Analytics Market - By Deployment Type
1. Cloud
2. On-Premise
E. Automotive Data Analytics Market - By Application
1. Sales & Marketing
2. Customer Behaviour
3. Diagnostics & Maintenance (Automotive Performance Data)
4. Operational
F. Automotive Data Analytics Market by Geography (covers 10+ countries)
G. Automotive Data Analytics Market Entropy
H. Manufacturers Citied/Interviewed
1. Fractal Analytics, Inc.
2. Robert Bosch GmbH
3. Acerta Analytics Solutions
4. C-4 Analytics, LLC
5. CloudMade
6. Xevo Inc.
7. Teletrac Navman
More than 10 companies are covered in this report
Related Report
A. Commercial Automotive Telematics Market
B. Automotive Sensors Market
What can you expect from the report?
The Automotive Data Analytics Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in Automotive Data Analytics Market segment?
Response: Yes, we do have separate reports as mentioned below:
1. Americas Automotive Data Analytics Market (2018–2023)
2. Europe Automotive Data Analytics Market (2018–2023)
3. Asia-Pacific Automotive Data Analytics Market (2018–2023)
4. Channel Automotive Data Analytics Market (2018–2023)
5. Type Automotive Data Analytics Market (2018–2023)
6. Analytics Type Automotive Data Analytics Market (2018–2023)
7. Deployment Automotive Data Analytics Market (2018–2023)
8. Application Automotive Data Analytics Market (2018–2023)
Q. Does IndustryARC customize these reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interests.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to learn more about our consulting services.
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
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