Vehicle Analytics Market Outlook 2023-2029: Key Players and Industry Insights


Posted April 25, 2024 by falgunimmr

The implementation of vehicle analytics requires cutting-edge digital infrastructure, communication devices, LiDAR and radar systems, the Internet of Things (IoT), and GPS receivers.
 
An overview of the Vehicle Analytics Market is as follows:

The comprehensive "Vehicle Analytics Market" study covers important topics such an overview, definition, and structural analysis, offering a detailed investigation of the sector. In order to identify the forces, constraints, opportunities, and difficulties that influence market dynamics, it explores microelements such as gross margin, cost, market share, capacity, utilization, and supply. This vital information is necessary to help investors make well-informed judgments and to create strategic strategies for new entrants.

Technological developments and industry expansion in the Vehicle Analytics market are expected to be key drivers of market progress throughout the projected period.

Examination and Advancement of the Vehicle Analytics Market:

Vehicle Analytics Market size was valued at USD 1.30 Bn. in 2022 and the total Vehicle Analytics revenue is expected to grow by 32.28% from 2023 to 2029, reaching nearly USD 9.28 Bn.

Get a free sample copy to fully comprehend the format of the report, which includes the table of contents and summary:

Vehicle Analytics Market Extent

In order to provide insights into the long-term implications of the major drivers and constraints affecting the Vehicle Analytics industry, this study does a microanalysis of those factors. The report uses accurate visuals, clear and understandable language, and a combination of quantitative and qualitative data analysis.

The Vehicle Analytics market report's data analysis takes a thorough approach, including primary and secondary data gathering techniques. While secondary data includes government websites, yearly reports, and the financial reports of important companies in the market, primary data gathering entails conducting telephone interviews and in-person surveys to obtain a thorough picture of the industry.

Strategic tools for strategic planning and management, such as SWOT analysis, provide micro-scale analysis. The technological, social, legal, environmental, political, and economic effects on the Vehicle Analytics market are also clarified by PESTLE analysis.

In addition, the paper explores current industry trends and offers projections for the years to come.

Vehicle Analytics Market Classifications

by Component

Software
Services
Professional Services
Deployment and Integration
Support and Maintenance
Consulting Service
Managed Services


by End User

Original Equipment Manufacturers
Service Providers
Automotive Dealers
Fleet Owners
Regulatory Bodies
Insures

Based on End-User, the Original Equipment Manufacturer (OEM) segment is dominating the global vehicle analytics market with the highest market share. The original equipment manufacturers are adopting automotive data analytics to enhance the driving experience and product offerings, which is fuelling the growth of the segment in the market. The automakers are competing to offer innovative services like personalized driving experiences, road safety features, and predictive maintenance are expected to boost the growth of the OEM segment during the forecast period.


by Deployment Model

On-Premises
On-Demand


by Application

Predictive Maintenance
Warranty Analytics
Traffic Management
Safety and Security Management
Driver and User Behavior Analysis
Dealer Performance Analysis
Infotainment
Usage-Based Insurance
Road Charging

Based on the Application, Predictive Management is substantially dominating the global vehicle analytics market and is expected to continue to grow throughout the forecast period with a CAGR of 25.3% by 2030. Predictive maintenance is used in advanced analytics to detect the correct potential vehicle defects and breakdowns before they occur. Predictive maintenance optimizes the end-to-end servicing procedures, resulting in increased vehicle reliability and performance. Therefore, the predictive maintenance segment is dominating the vehicle analytics market. In addition, the rising adoption of connected vehicles is boosting the growth of the predictive management segment in the vehicle analytics market.

Instant access is available by downloading your exclusive sample copy of the report right now!

Vehicle Analytics Market Geographical Evaluation

The study places a strong emphasis on a regionally specific, in-depth industry analysis to support region-specific strategy planning. grasp the reasons why some areas dominate the global market requires a thorough grasp of regional analysis. Comprehending the study of major regions becomes crucial over the projected period as it aids investors in comprehending the effects on regional market trends, development potential, and limits as well as the worldwide compound annual growth rate (CAGR). It is anticipated that some areas would get a sizable market share and position in the sector.

The following companies are included in the market for Vehicle Analytics :

North America
1. Agnik LLC (U.S)
2. Automotive Rentals (U.S)
3. INRIX (U.S)
4. SAS Institute (U.S)
5. Teletrac Navman (U.S)
6. Xevo Inc (U.S)
7. Harman International Industries Inc (U.S)
8. Genetec Inc (Canada)
9. Microsoft (U.S)
10. IBM (U.S)
11. Inseego Corp (U.S)
12. WEX Inc (U.S)
13. PROCON ANALYTICS (U.S)
14. IMS Software Inc (U.S)
15. The Infinova Group (U.S)
Europe
1. SAP (Germany)
2. Inquiron (U.K)
3. Cloudmade(U.K)
Asia-Pacific
1. Amodo (Japan)
2. Coatex Industries (India)

List of Contents : Vehicle Analytics Market

Part 01: Executive Summary

Part 02: Scope of the Vehicle Analytics Market Report

Part 03: Vehicle Analytics Market Landscape

Part 04: Vehicle Analytics Market Sizing

Part 05: Vehicle Analytics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

To Learn More About This Study, Please Click Here:https://www.maximizemarketresearch.com/request-sample/55916

Motives for Buying This Market Report:

Market forecasting using SWOT analysis and current trends
Keyword Dynamics Scenarios: Opportunities for Market Growth in the Upcoming Year
Analysis of market segmentation, encompassing both qualitative and quantitative research with consideration to both non-economic and economic effects
Keyword Market: An integrated study at the regional and national levels that takes into account supply and demand factors that affect market growth.
The competitive landscape concerning the Keyword market share of major companies, as well as the new initiatives and tactics that these firms have implemented in the last five years
Look Through Our Most Popular Reports:

Global Edutainment Market https://www.maximizemarketresearch.com/market-report/global-edutainment-market/42042/

Global Data Masking Market https://www.maximizemarketresearch.com/market-report/data-masking-market/643/

Global Enterprise VSAT Market https://www.maximizemarketresearch.com/market-report/global-enterprise-vsat-market/63208/

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MMR
Country India
Categories Business
Last Updated April 25, 2024