openPR Logo
Press release

Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agnik LLC, Amodo, Automotive Rentals, Inc., Harman International Industries, Inc., IBM, Inquiron, INRIX, SAS Institute Inc.

01-04-2019 02:04 PM CET | Logistics & Transport

Press release from: Transparency Market Research Technology

/ PR Agency: Transparency Market Research
Vehicle analytics can be categorized as solutions implemented on vehicles that helps 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 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.

Preview Report @ https://www.transparencymarketresearch.com/vehicle-analytics-market.html

Market to Witness Considerably High Contribution from On-premise Deployment Segment

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 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.

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.

Request PDF Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=34688

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 rapid pace.

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.

Get TOC @ https://www.transparencymarketresearch.com/report-toc/34688

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 from 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 2017 to 2025 and reach US$ 10,215.5 Mn in 2025.

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.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agnik LLC, Amodo, Automotive Rentals, Inc., Harman International Industries, Inc., IBM, Inquiron, INRIX, SAS Institute Inc. here

News-ID: 1472044 • Views: 501

More Releases from Transparency Market Research Technology

System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with
Single Sign-on Market - Key Growth Factors and Industry Analysis 2017-2025
Single sign-on is a session or user authentication method that allows a user to enter one user name and secure password for accessing several applications. Single sign-on (SSO) facilities are gaining populated among the corporate to minimize the IT supervisor’s overhead by reducing occurrences of password loss. Thus, the acceptance of single sign-on (SSO) is growing in industry application, which is the one of the important factors of the global

All 5 Releases


More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining