Big Data in the Automotive Market Outlook with Expected 16.0% CAGR 2018 – 2021 | Worldwide Key Players – AeroSpike, Absolutdata, Accenture, ACEA, Actian, Adaptive Insights, Adobe Systems, Advizor Solutions, AMD

Marketprognosis.com Publish a New Market Research Report On “Big Data in the Automotive Industry: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts” which contains global key player’s survey information and forecast to 2030.

Overview of the Global Big Data in the Automotive Market:

Big Data originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.

Amid the proliferation of real-time and historical data from sources such as connected devices, web, social media, sensors, log files and transactional applications, Big Data is rapidly gaining traction from a diverse range of vertical sectors. The automotive industry is no exception to this trend, where Big Data has found a host of applications ranging from product design and manufacturing to predictive vehicle maintenance and autonomous driving.

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The market research analyst estimates that Big Data investments in the automotive industry will account for over $3.3 Billion in 2017 alone. Led by a plethora of business opportunities for automotive OEMs, tier-1 suppliers, insurers, dealerships and other stakeholders, these investments are further expected to grow at a CAGR of approximately 16% over the next three years.

The “Big Data in the Automotive Industry: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of Big Data in the automotive industry including key market drivers, challenges, investment potential, application areas, use cases, future roadmap, value chain, case studies, vendor profiles and strategies. The report also presents market size forecasts for Big Data hardware, software and professional services investments from 2018 through to 2030. The forecasts are segmented for 8 horizontal submarkets, 4 application areas, 18 use cases, 6 regions and 35 countries.

Key Players:

1 AeroSpike

2 Absolutdata

3 Accenture

4 ACEA

5 Actian Corporation

6 Adaptive Insights

7 Adobe Systems

8 Advizor Solutions

9 AMD (Advanced Micro Devices) and More………….

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Key Findings:

1 In 2018, Big Data vendors will pocket more than $3.3 Billion from hardware, software and professional services revenues in the automotive industry. These investments are further expected to grow at a CAGR of approximately 16% over the next three years, eventually accounting for over $5 Billion by the end of 2021.

2 Through the use of Big Data technologies, automotive OEMs and other stakeholders are beginning to exploit vehicle-generated data assets in a number of innovative ways ranging from predictive vehicle maintenance and UBI (Usage-Based Insurance) to real-time mapping, personalized concierge, autonomous driving and beyond.

3 Edge analytics, which refers to the processing and analysis of information closer to the point of origin, is increasingly becoming an indispensable capability for applications such as autonomous driving where real-time data – from cameras, LiDAR and other on-board sensors – needs to be acted upon instantly and reliably.

4 Privacy continues to remain a major concern, and ensuring the protection of sensitive information – through creative anonymization and dedicated cybersecurity investments – is necessary in order to monetize the swaths of Big Data that will be generated by a growing installed base of connected vehicles and other segments of the automotive industry.

The report covers the following topics:

1 Big Data ecosystem

2 Market drivers and barriers

3 Enabling technologies, standardization and regulatory initiatives

4 Big Data analytics and implementation models

5 Business case, key applications and use cases in the automotive industry

6 35 case studies of Big Data investments by automotive OEMs and other stakeholders

7 Future roadmap and value chain

8 Company profiles and strategies of over 270 Big Data vendors

9 Strategic recommendations for Big Data vendors, automotive OEMs and other stakeholders

10 Market analysis and forecasts from 2018 till 2030

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Market forecasts are provided for each of the following submarkets and their subcategories:

Hardware, Software & Professional Services:

1 Hardware

2 Software

3 Professional Services

4 Horizontal Submarkets

5 Storage & Compute Infrastructure

6 Networking Infrastructure

7 Hadoop & Infrastructure Software

8 SQL

9 NoSQL

10 Analytic Platforms & Applications

11 Cloud Platforms

12 Professional Services

Application Areas:

1 Product Development, Manufacturing & Supply Chain

2 After-Sales, Warranty & Dealer Management

3 Connected Vehicles & Intelligent Transportation

4 Marketing, Sales & Other Applications

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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This release was published on openPR.