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Vehicle Analytics Market worth $11.87 billion by 2030, growing at a CAGR of 13.16% - Exclusive Report by 360iResearch
Vehicle Analytics Market | 360iResearch
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Vehicle analytics entails collecting and analyzing data from vehicle sensors and communication technologies, including big data, machine learning, and artificial intelligence, to translate raw data into valuable insights. This aids in improving vehicle performance, enhancing safety, optimizing fleet management, and increasing profitability in the transportation sector. The necessity of vehicle analytics arises from the growing complexity and operational demands in transportation, requiring real-time analytics to boost efficiency, ensure safety, manage maintenance schedules, provide actionable fleet management insights, and meet regulatory standards. The applications span fleet management, insurance, automotive manufacturing, and public transportation, benefiting stakeholders such as OEMs, fleet operators, insurance providers, and regulatory bodies. Growth factors influencing the market include technological advancements integrating IoT and AI in vehicles, rising demand for connected vehicles, regulatory requirements, and the need for efficient fleet operations. Opportunities are present in 5G technology enhancing V2X communication, the growth of electric vehicles (EVs), and the deployment of advanced driver assistance systems (ADAS). Recommendations highlight investing in big data platforms, forming tech partnerships, and continuous R&D in AI applications. Challenges include data privacy and security, high implementation costs, interoperability between systems, and regulatory compliance complexity. Innovation opportunities involve predictive analytics for maintenance and accident prevention, enhancing analytics for autonomous vehicles, and developing sustainability metrics. The vehicle analytics market is dynamic, driven by tech advancements and demand for data-driven insights, with businesses needing continuous innovation to succeed amidst competition from tech firms, automotive manufacturers, and data analytics companies. Despite substantial growth opportunities, the market faces challenges such as high costs and stringent regulatory requirements, making the harnessing of data and sustained innovation crucial for success.
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Market Segmentation & Coverage:
This research report categorizes the Vehicle Analytics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Services and Software. The Services is further studied across Managed Services and Professional Services. The Professional Services is further studied across Consulting Service, Deployment and Integration, and Support and Maintenance.
Based on Application, market is studied across Dealer Performance Analysis, Driver and User Behaviour Analysis, Infotainment, Predictive Maintenance, Road Charging, Safety and Security Management, Traffic Management, Usage-Based Insurance, and Warranty Analytics.
Based on Deployment Model, market is studied across On-Demand and On-Premises.
Based on End-User, market is studied across Automotive Dealers, Fleet Owners, Insurers, Original Equipment Manufacturers (OEMs), Regulatory Bodies, and Service Providers.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Vehicle Analytics Market, highlighting leading vendors and their innovative profiles. These include Acerta Analytics Solutions, Inc., Agnik, LLC, Amodo, Azuga by Bridgestone Company, C-4 Analytics, LLC, CloudMade Ltd., Continental AG, EngineCAL, Genetec Inc., HARMAN International Industries Inc. by Samsung Electronics Co., Ltd., Inquiron Ltd, INRIX, Inc., Inseego Corp., Intelligent Mechatronic Systems Inc., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Procon Analytics, LLC, Rand McNally, SAP SE, Sibros Technologies Inc., Teletrac Navman US Ltd, VMware, Inc., WEX Inc., and Xevo Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Vehicle Analytics Market, by Component
7. Vehicle Analytics Market, by Application
8. Vehicle Analytics Market, by Deployment Model
9. Vehicle Analytics Market, by End-User
10. Americas Vehicle Analytics Market
11. Asia-Pacific Vehicle Analytics Market
12. Europe, Middle East & Africa Vehicle Analytics Market
13. Competitive Landscape
14. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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