Global Vehicle Analytics Market In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2025 || Key Players - Agnik LLC, Amodo, Automotive Rentals Inc., Harman International Industries Inc., IBM, Inquiron, INRIX, SAS Institute Inc., Te

A new report titled “Global Vehicle Analytics Market In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2025” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Vehicle Analytics Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Vehicle Analytics across the globe.

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The global vehicle analytics market is segmented on the basis of deployment type, end-user, application, and geography. On the basis of deployment type, the market is segmented into cloud and on-premises. On-Premise deployment segment would refer to the computation that is located within the physical confines of an organization while the cloud-based deployment refers to the delivery of hosted services over the internet. In 2016, the On-premises deployment type is expected to hold the major revenue share owing to their wide adoption across industry vertical. Cloud sub-segment, owing to their increasing adoption is expected to grow at a rapid pace while also capturing considerable market share during the forecast period.

Vehicle analytics can be categorized as solutions implemented on vehicles that help to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others

The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers of the market’s growth. The market is also expected to receive a significant push from the increasing research & development activities relating to the technology. Migration towards cloud is also expected to boost the market’s growth and open new doors for innovation. However, the market growth is expected to be hindered by the concerns over network coverage and interoperability. Moreover, the market is expected to face restraint due to the high initial investment associated with the technology.

On the basis of end-user, the global vehicle analytics market is segmented into Tier 1 suppliers, original equipment manufacturers (OEMs), service providers, automotive dealers, fleet owners, regulatory bodies and insurers. Based on the end-user, Tier 1 suppliers sub-segment is expected to hold the major share of the market, primarily their critical role as suppliers of hardware and software to other industries. On the basis of application, the market is segmented into predictive maintenance, warranty analytics, traffic management, safety and security management, driver and user behavior analysis, dealer performance analysis, infotainment, usage-based insurance and road charging. The market, based on application is expected to be dominated by predictive maintenance sub-segment and is projected to grow at a rapid pace.

Geographically, the report classifies the global network traffic analysis solutions market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of market revenue. Furthermore, region wise prominent countries covered in the report include the following - the U.S, Canada, Germany, France, the U.K., China, India, Japan, GCC Countries, South Africa, and Brazil.

The report also includes key developments in the vehicle analytics market. Porter Five Force analysis and financials are also included in the report. The report also covers the segment wise comparison matrix, market attractiveness analysis and market share analysis for all regions covered in the scope of the study.

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The report also includes competitive landscape which includes competition matrix, market share analysis of major players in the global vehicle analytics market based on their projected value share, and business profiling of major players. The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings, and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various recent developments carried out by the leading players.

Companies Mentioned in Report

Company profiling includes company overview, major business strategies adopted and SWOT analysis. Major players in the vehicle analytics market include Agnik LLC, Amodo, Automotive Rentals, Inc., Harman International Industries, Inc., IBM, Inquiron, INRIX, SAS Institute Inc., Teletrac Navman and Xevo Inc.

The global vehicle analytics market is segmented as below:

Global Vehicle analytics Market, By Deployment Type

Cloud

On-Premise

Global Vehicle analytics Market, By End-user

Tier 1 Suppliers

Original Equipment Manufacturers (OEMs)

Service Providers

Automotive Dealers

Fleet Owners

Regulatory Bodies

Insurers

Global Vehicle analytics Market, By Application

Predictive Maintenance

Warranty Analytics

Traffic Management

Safety and Security Management

Driver and User Behavior Analysis

Dealer Performance Analysis

Infotainment

Usage-Based Insurance

Road Charging

Global Vehicle analytics Market, By Geography

North America

U.S.

Canada

Rest of North America

Europe

U.K

Germany

France

Rest of Europe

Asia Pacific (APAC)

China

India

 Japan

Rest of APAC

The Middle East and Africa (MEA)

GCC Countries

South Africa

Rest of MEA

South America

Brazil

Rest of South America

Europe Likely to Exhibit Lucrative Prospects through Forecast Period

The global vehicle analytics market is expected to be driven by the Europe region. Europe is estimated to contribute a major share throughout the forecast period to the overall vehicle analytics market with the U.K. and Germany contributing most to the region’s revenue. The region is expected to hold about one-third of the global market’s revenue in 2025. The presence of major industry players along with high adoption of car analytics solutions and advanced electric cars across many countries in the region is expected to drive the market growth. Also, the presence of necessary internet and communication infrastructure is also expected to bolster the market growth. Europe is also helped by the favorable regulatory environment and governments encouraging the developments in the field.

Asia-Pacific region is expected to be among the fastest growing regions for the car analytics market. The region is also anticipated to emerge as the second largest market in terms of market revenue. This growth is accountable for the countries such as China, Japan, and South Korea while South East Asian countries with their superior communication infrastructure and increasing research & development activities.

The global vehicle analytics market is expected to expand at a CAGR of 20.9% during the forecast period of 2018 to 2025 and reach US$ 10,215.5 Mn in 2025.

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