Press release
Automotive Data Management Market Analysis, Trends and Dynamic Demand by Forecast 2016 to 2030
Automotive Data Management Market
To improve the driving experience, automotive OEMs are placing a strong emphasis on AI & ML applications, data analytics tools, cloud computing, and V2V connectivity. Industry leaders are concentrating on creating cutting-edge automotive data management systems through strategic partnerships. To assist drivers and improve the driving experience, businesses use a variety of cutting-edge technologies into a number of comfort and safety systems, including ADAS and lane-keeping & control systems.
Global demand for connected and autonomous automobiles has decreased as a result of the pandemic. Many nations, notably Germany, Italy, and India, have recorded a sharp fall in the global auto market. Vehicle data management systems have lessened in value due to a fall in automotive demand.
Automotive Data Management Market Dynamics
The demand for modern technologies like automation, artificial intelligence, and database management is increasing, which is fueling market growth in the automotive industry. The automotive industry is working to enhance the driving Manufacturers are concentrating on database analytics tools, cloud technologies, V2V connectivity, and AI & ML technologies. The growth of the market is being driven by professionals from the industry who are strategically collaborating to create cutting-edge automotive data management systems. Businesses utilise a number of contemporary technologies in a variety of comfort and safety systems, such as advanced driver assistance, lane-keeping, and process management, to help drivers and enhance the driving experience. The market income for automotive data management is progressively growing thanks to the government's help in preserving vehicle security and safety.
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Global Automotive Data Management Market - Segmentation
The Global Automotive Data Management Market has been sub-classified into By Component, By Data Type, BY Vehicle Type, By Deployment and By Application.
By Component
• Software
• Service
By Data Type
• Structured
• Unstructured
By Vehicle Type
• Autonomous
• Non-autonomous
By Deployment
• On-premise
• Cloud
By Application
• Predictive Maintenance
• Warranty Analytics
• Safety & Security Management
• Driver & User Behavior Analysis
• Dealer Performance Analysis
Global Automotive Data Management Market - Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.
Global Automotive Data Management Market - Key Market players
Sibros Technologies Inc., Azuga, Microsoft, SAP SE, IBM, Amazon Web Services, Inc., Otonomo, AGNIK LLC, PROCON ANALYTICS, and Xevo are the major players that are driving the growth of the market during the forecast period.
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Frequently Asked Questions About This Report
• How big is the automotive data management market?
• What is the automotive data management market growth?
• Which segment accounted for the largest automotive data management market share?
• Who are the key players in the automotive data management market?
• What are the factors driving the automotive data management market?
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