Global $12.18 Billion Vehicle Analytics Market to 2028: Rapidly Increasing Innovations, Software-based Systems, Increase Demand – GlobeNewswire

Dublin, June 28, 2021 (GLOBE NEWSWIRE) -- The "Vehicle Analytics Market Size, Share & Analysis, By Deployment (Cloud, On-premise), Application, Component (Software, Services), and End-Use (OEMs, Service Providers, Automotive Dealers, Fleet Owners, Others), And By Region, Global Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

The global vehicle analytics market size is expected to reach USD 12.18 Billion in 2028, and register a CAGR of 20.7% during the forecast period.

Rapidly increasing innovations, particularly in software-based systems, is expected to increase demand for upgrades in cars, which is a key factor driving market revenue growth.

Rising technological advancements and increasing research and development initiatives by companies

Increasing technological developments in automotive industry such as connected vehicles and driver-less cars, is resulting in need for data analytics to analyze and obtain and assess information and offer carious features such as predictive maintenance, warranty analytics, traffic management, dealer performance analysis, infotainment, usage-based insurance, and road charging. These are major factors driving market growth to a significant extent in the years to come.

Automotive manufacturers need to implement software-powered techniques to address new challenges including data privacy, cyber security, hacking, and constant product updates. These issues need to be addressed to eliminate or lower possibilities of large scale product recalls, reduce unnecessary wrench time, and enhance safety precautions.

Some Key Findings From the Report:

Key Topics Covered:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020 - 2028

Chapter 3. Indicative Metrics

Chapter 4. Vehicle Analytics Market Segmentation & Impact Analysis 4.1. Vehicle Analytics Market Deployment Segmentation Analysis4.2. Industrial Outlook4.2.1. Market indicators analysis4.2.2. Market drivers analysis4.2.2.1. The development in technologies and improved safety provided by vehicle analytics4.2.2.2. Increase in R & D activities4.2.3. Market restraints analysis4.2.3.1. Concerns for network coverage4.3. Technological Insights4.4. Regulatory Framework4.5. ETOP Analysis4.6. Porter's Five Forces Analysis4.7. Competitive Metric Space Analysis4.8. Price trend Analysis

Chapter 5. Vehicle Analytics Market By Component Insights & Trends 5.1. Component, Dynamics & Market Share, 2021 & 20285.2. Software5.3. Services

Chapter 6. Vehicle Analytics Market By Deployment Insights & Trends 6.1. Deployment Dynamics & Market Share, 2021 & 20286.2. Cloud6.3. On-Premise

Chapter 7. Vehicle Analytics Market By Application Insights & Trends 7.1. Application Dynamics & Market Share, 2021 & 20287.2. Predictive maintenance7.3. Warranty Analytics7.4. Traffic Management7.5. Dealer Performance Analysis7.6. Infotainment7.7. Usage-Based Insurance7.8. Road Charging

Chapter 8. Vehicle Analytics Market By End Use Insights & Trends 8.1. End Use Dynamics & Market Share, 2021 & 20288.2. OEMs8.3. Service Providers8.4. Automotive Dealers8.5. Fleet Owners

Chapter 9. Vehicle Analytics Market By Regional Outlook 9.1. Vehicle Analytics Market share By Region, 2021 & 2028

Chapter 10. Competitive Landscape 10.1. Market Revenue Share By Manufacturers10.2. Manufacturing Cost Breakdown Analysis10.3. Mergers & Acquisitions10.4. Market positioning10.5. Strategy Benchmarking10.6. Vendor Landscape

Chapter 11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/8f3inq

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Global $12.18 Billion Vehicle Analytics Market to 2028: Rapidly Increasing Innovations, Software-based Systems, Increase Demand - GlobeNewswire

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