Press release
Emerging Avenues for OEMs Drive Automotive Data Monetization Market Growth
AUTOMOTIVE DATA MONETIZATION MARKET
Browse 44 Market Data Tables and 43 Figures spread over 150 Pages, along with an in-depth analysis of the Global Automotive Data Monetization Market by Model, Deployment, Application, & Geography.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/automotive-data-monetization-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
The Germany automotive data monetization market is forecasted to record a CAGR of 34.91% during the projection years of 2023-2030, capturing a revenue share of $31550.73 million by 2030.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/germany-automotive-data-monetization-market/
Global Automotive Data Monetization Market Scenario
While data monetization is currently in its initial adoption, it has become a vital element in the strategy of many high-performing and rapidly growing companies. This trend is especially pronounced in sectors like retail, services, automotive, finance, and banking. The rise of autonomous vehicles has led to a significant upsurge in data generation. This increase is linked to the proliferation of sensors that interconnect these vehicles with each other and external infrastructure. These sensors provide a wealth of data concerning geolocation, vehicle performance, driver behavior, biometrics, and various other data points. Data from these smart, interconnected vehicles holds the potential to be transformed into valuable products and services by the evolving automotive ecosystem.
The global expansion of the revenue pool through the monetization of car data relies on market participants' ability to create products that generate revenue, reduce expenses, and ensure safety and security through the use of data generated by automobiles, drivers, and mobility systems. These promising prospects attract a wide range of companies, both within and outside the automotive sector, all aiming to capitalize on the financial opportunities presented by extensive automotive data generation.
The Global Automotive Data Monetization Market report provides data tables and includes charts and graphs for visual analysis.
Request a Free Sample Report for the Global Automotive Data Monetization Market by Model, Deployment, Application, & by Geography: https://inkwoodresearch.com/reports/automotive-data-monetization-market/#request-free-sample
Market Segmentation
Market by Model:
• Direct
• Indirect
Market by Deployment:
• Cloud
• On-Premises
Market by Application:
• Insurance
• Mobility as a Service (MaaS)
• Predictive Maintenance
• Government
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032
Companies Profiled
• XEVO (LEAR CORPORATION)
• WEJO LIMITED
• VINLI INC
• TESLA INC
• TECH MAHINDRA LIMITED
• OTONOMO TECHNOLOGIES LTD
• MICROSOFT CORPORATION
• INTERNATIONAL BUSINESS MACHINES CORPORATION
• HARMAN INTERNATIONAL
• CONTINENTAL AG
• ORACLE CORPORATION
• CARUSO GMBH
• AMAZON WEB SERVICES INC
Related Reports
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https://inkwoodresearch.com/reports/automotive-telematics-market/
The global automotive telematics market is estimated to progress with a CAGR of 13.41% between 2023-2032.
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