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(Wireless-NewsWire.Com, March 29, 2018 ) According to Publisher, the Global Vehicle Analytics market is expected to grow from $1265.95 million in 2017 to reach $8465.65 million by 2027 with a CAGR of 23.5%. Factors such as advancements in technologies, such as artificial intelligence, machine learning and rising use of real-time data collected from sensors and global positioning system (GPS) tracking devices are fueling the market growth. However, network coverage limitations and high initial setup costs are hampering the market.
The on-demand deployment model makes utilize of the cloud to transport solutions to the clients. Scalability and agility of cloud-based technologies are increasing the adoption of cloud-based vehicle analytics solutions. In the cloud deployment model, organizations do not have to deal with the complexities involved in integration, installation, configuration, optimization, maintenance, and support, as these are in most cases managed or hosted by a third-party service provider.
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North America is expected to generate highest revenue due to well-established and financially intensive economies and moreover the chief presence of mostly all the biggest conglomerates of the world such as IBM, Microsoft, SAP, and SAS Institute.
Some of the key players in the Vehicle Analytics market include IBM, SAP, Microsoft, Harman International, Teletrac Navman, Cloudmade, Agnik LLC, Automotive Rentals (ARI), Genetec Inc, Inquiron, Inseego Corp, Intelligent Mechatronic Systems, Xevo Inc., INRIX, and Amudo.
Deployment Models Covered:
- On-Demand
- On-Premises
Components Covered:
- Services
- Software
Applications Covered:
- Road Charging
- Usage-Based Insurance
- Predictive Maintenance
- Traffic Management
- Warranty Analytics
- Driver and User Behavior Analysis
- Dealer Performance Analysis
- Infotainment
- Safety and Security Management
End-Users Covered:
- Automotive Dealers
- Regulatory Bodies
- Insurer
- Fleet Owners
- Service Providers
- Original Equipment Manufacturers (OEMs)
- Tier 1 Suppliers
For more information http://www.reportsweb.com/vehicle-analytics-global-market-outlook-2017-2026
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Vehicle Analytics Market, By Deployment Model
6 Global Vehicle Analytics Market, By Component
7 Global Vehicle Analytics Market, By Application
8 Global Vehicle Analytics Market, By End-User
9 Global Vehicle Analytics Market, By Geography
10 Key Developments
11 Company Profiling
11.1 IBM
11.2 SAP
11.3 Microsoft
11.4 Harman International
11.5 Teletrac Navman
11.6 Cloudmade
11.7 Agnik LLC
11.8 Automotive Rentals (ARI)
11.9 Genetec Inc
11.10 Inquiron
11.11 Inseego Corp
11.12 Intelligent Mechatronic Systems
11.13 Xevo Inc.
11.14 INRIX
11.15 Amudo
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