Vehicle Analytics Market Analysis 2022
The global Vehicle Analytics Market Analysis to poised to grow atrociously in the subsequent decade. Artificial Intelligence is expected to have an indelible impact on the day-to-day functionalities. It has already made a beeline to speech and image recognition, smartphone personal assistants, navigation apps, ride-sharing apps, and likewise. This would also help in generating greater employment opportunities. This would be the scene with ICT vertical in the forecast period.
Transportation businesses have been crucial to the growth of economies and efficient transportation and related road and automobile infrastructural developments been a hotbed for innovation for long now. While transportation services have innovated in the recent years, they have spread far and wide with availability of road infrastructure giving rise to problems of connectivity and lack of real time updates for the provider.
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Vehicle Analytics is the study of vehicle behavior and characteristics via inputs from sensors affixed on-board vehicle, allowing users to have a better control of the vehicle and the fleet as a whole by identifying suspicious behavior and identifying the vehicle health to avoid breakdowns.
Vehicle Analytics can also help users gain insight on vehicle health and driving habits. Granular level analysis of vehicle behavior and driver behavior in real time is useful to numerous industry players such as automobile manufacturers, insurance providers and car dealerships and vehicle analytics solutions are thus being developed by numerous providers currently.
Key Players:
The report has profiled some of the important players prevalent in the global like – Acerta Analytics Solutions (Canada), Agnik LLC (US), Amodo (Croatia), Automotive Rentals (ARI) (US), Azuga (US), C-4 Analytics, LLC (US), CloudMade (UK), Digital Recognition Network (US), EngineCAL (India), Genetec Inc.(Canada), HARMAN International (US), IBM (US), Inquiron (Dubai), INRIX (US), Inseego Corp. (US), Intelligent Mechatronic Systems (Canada), Microsoft (US), Noregon (US), Pivotal Software, Inc. (US), Plotly (Canada), Procon Analytics (US), SAP (Germany), Teletrac Navman (US), WEX Inc. (US), and Xevo Inc.(US) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Vehicle Analytics Market Analysis.
Vehicle Analytics Market Analysis: Drivers & Challenges
Numerous companies including Google, Uber and Tesla are working on Autonomous cars which will use countless data points to eliminate human effort in the task of driving. These cars while still in research phase will be a prominent user of Vehicle Analytics.
Vehicle Analytics will also gain considerably from the developments underway in IoT and Smart Cities as Vehicle Analytics platforms will have more data to generate insights from in conjunction with the surrounding environment that can interact better with a car.
However, Automobile industry has gone through remarkable changes in the recent decade and cars have improved in a lot of areas making them more durable than ever. This is impeding the growth sale of new vehicles in turn resulting in lower addressable market for Vehicle Analytics platforms.
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Vehicle Analytics Market Analysis: Segmentation
Segmentation of Vehicle Analytics Market Analysis, By Component
- Vehicle Analytics Software Platform:
- Software Platforms are implemented at the end-point as well as the central control point and are responsible for the overall control of the system.
- Professional & Consulting Services
- Managed Services
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Vehicle Analytics Market Analysis Manufacturers
Vehicle Analytics Market Analysis Distributors/Traders/Wholesalers
Vehicle Analytics Market Analysis Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in the Vehicle Analytics Market Analysis Report
How is the Vehicle Analytics Market Analysis expected to grow over the projected period?
What direction is the Vehicle Analytics Market Analysis expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Vehicle Analytics Market Analysis in future?
What are the key market drivers in the Vehicle Analytics Market Analysis?
What are significant opportunities and improvement areas for Vehicle Analytics Market Analysis manufacturers?
What are the key developments and trends taking over the Vehicle Analytics Market Analysis?
Which are the emerging countries that are expected to create significant growth opportunities in the Vehicle Analytics Market Analysis?
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