Vehicle Analytics Market | Global Industry Growth, Share, Overview and Forecast Report 2028

Vehicle Analytics Market | Global Industry Growth, Share, Overview and Forecast Report 2028

A Story by Diy
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The global vehicle analytics market size is expected to reach USD 10.65 billion by 2028, exhibiting a CAGR of 24.06% during the forecast period.

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The global vehicle analytics market size is expected to reach USD 10.65 billion by 2028, exhibiting a CAGR of 24.06% during the forecast period. The growing demand for automotive analytics can have a tremendous impact on the global market growth, states Fortune Business Insights in a report titled “Vehicle Analytics Market, 2021-2028.” The market size stood at USD 2.03 Billion in 2020.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vehicle-analytics-market-106254 

Key Development:

April 2021: China Association of Automobile Manufacturers (CAAM) Introduced an automotive data storage platform for connected vehicles using blockchain technology.

The Report Lists the Key Companies in this Market:

  • SAP SE 
  • IBM Corporation 
  • Genetec Inc 
  • Cloud Made Ltd. 
  • HARMAN International Industries Inc.
  • Intelligent Mechatronic Systems 
  • Microsoft 
  • Agnik LLC 
  • Pivotal Software, Inc. 
  • Teletrac Navman 

Driving Factor:

Rising Popularity of Autonomous Mobility to Bolster Growth

Automakers are already competing fiercely in the development of autonomous mobility. Furthermore, the foundation of autonomous mobility is data insights derived from automotive analytics. As a result, rising OEM investment in the development of self-driving or completely autonomous vehicles is expected to fuel market expansion in the coming years. Hyundai, for example, stated in February 2019 that it intends to invest USD 12.3 billion in sectors such as vehicle electrification, autonomous driving technologies, and mobility.

Furthermore, businesses like Uber, Tesla, and others are investing in the development of autonomous mobility, which is expected to enhance vehicle analytics market growth throughout the forecast period.

Competitive Landscape:

SAP SE to Dominate the Market

SAP SE, located in Germany, is a prominent provider of automotive analytics. Customers can use the company's automotive analytics software and services. With the use of online data analytics, SAP vehicle analytics software allows you to manage connected cars. Vehicle diagnostics, mobility as a service, fleet management, and analytics are all possible applications.

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/vehicle-analytics-market-106254

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US : +1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected] 

© 2022 Diy


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Added on March 9, 2022
Last Updated on March 9, 2022
Tags: Vehicle Analytics Market