Vehicle Analytics Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185666

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185666

Vehicle Analytics Market

Growth Factors of Vehicle Analytics Market

The vehicle analytics market size was valued at USD 3.44 billion in 2023, and the market is now projected to grow from USD 4.27 billion in 2024 to USD 27.73 billion by 2032, exhibiting a CAGR of 26.3% during the forecast period of 2024-2032.

The Covid19 pandemic harshly affected the complete automotive sector. Shut manufacturing services due to government-enforced lockdown and disturbance in the supply chain as a result of tourism and transport limitations caused a major drop in automotive making and sales volume. Consequently low demand for vehicle analytics in new vehicles cause by dropped automotive making and trades volume, hindered the market.

Competition concerning the progress of autonomous movement is already high among automakers. Moreover, data insights generated from automotive analytics are the basis of autonomous flexibility. Hence, growing deal of OEMs in the growth of self-driving or fully autonomous automobiles is projected to motivate the vehicle analytics market growth in the upcoming years.

Digitalization is one of the dynamic factors after the development of the automotive industry. Progressive automotive such as linked vehicles are equipped with numerous digital sensors and systems that can be associated through the internet, cloud services, and other digital services. Moreover, these vehicles can share immediate information, which can expressively decrease losses caused by road crashes.

Comprehensive Analysis of Vehicle Analytics Market

The market can be segmented in various ways, depending on the focus of analysis such as by component, by deployment, by end users and by application. Based on application, the market is segmented into predictive maintenance, traffic management, safety & security management, driver & user behavior analysis, dealer performance analysis, usage-based insurance, and others. Based on the component, the market is segmented into software and services. Based on the deployment model, the market is segmented into on-premises and on-demand. Based on end-user type, the market is segmented into Original Equipment Manufacturers (OEMs), automotive dealers, fleet owners, regulatory bodies, insurers, and service providers.

North America region is dominating the vehicle analytics market share due to high implementation rate of linked automobiles and e-mobility. The rising growth and accessibility of autonomous mobility are projected to influence the market in the region.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include SAP SE (Walldorf, Germany), IBM Corporation (New York, U.S.), Genetec Inc (Montreal, Canada), Cloud Made Ltd. (London, U.K.), HARMAN International Industries Inc. (Stamford, US.), Intelligent Mechatronic Systems (Waterloo, Canada), Microsoft (Washington, U.S.), Agnik LLC (Columbia, U.S.), Pivotal Software, Inc. (San Francisco, U.S.), Teletrac Navman (California, U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In February 2023, Dassault Systemes announced Renault's use of its 3DEXPERIENCE platform's data science to tackle rising raw material costs and enhance production expenses. Renault expands platform usage from design to strategic functions like costing and purchasing, aiding digital transformation. Data-driven insights projected on virtual vehicle twins offer innovative design-business balance.

Segmentation Table

TTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 26.3% (2024-2032)

Unit Value (USD Billion)

Segmentation By Application

- Predictive Maintenance

- Traffic Management

- Safety & Security Management

- Driver & User Behavior Analysis

- Dealer Performance Analysis

- Usage-Based Insurance

- Others

By Component

- Software

- Services

By Deployment Model

- On-Premises

- On-Demand

By End-User

- Original Equipment Manufacturers (OEMs)

- Automotive Dealers

- Fleet Owners

- Regulatory Bodies

- Insurers

- Service Providers

By Geography

- North America (By Application, By Component, By Deployment Model, and By End-User)

US (By Application)
Canada (By Application)
Mexico (By Application)

- Europe (By Application, By Component, By Deployment Model, and By End-User)

UK (By Application)
Germany (By Application)
France (By Application)
Rest of Europe (By Application)

- Asia-Pacific (By Application, By Component, By Deployment Model, and By End-User)

China (By Application)
India (By Application)
Japan (By Application)
South Korea (By Application)
Rest of Asia Pacific (By Application)

- Rest of the World (By Application, By Component, By Deployment Model, and By End-User)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships; 4.2. Latest Technological Advancements; 4.3. Porters Five Forces Analysis; 4.4. Impact of COVID-19 Pandemic on Global Vehicle Analytics Market
5. Global Vehicle Analytics Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Definition; 5.2. Market Analysis, Insights and Forecast - By Application; 5.2.1. Predictive Maintenance; 5.2.2. Traffic Management; 5.2.3. Safety & Security Management; 5.2.4. Driver & User Behavior Analysis; 5.2.5. Dealer Performance Analysis; 5.2.6. Usage-Based Insurance; 5.2.7. Others; 5.3. Market Analysis, Insights and Forecast - By Component; 5.3.1. Software; 5.3.2. Services; 5.4. Market Analysis, Insights and Forecast - By Deployment Model; 5.4.1. On-Premises; 5.4.2. On-Demand; 5.5. Market Analysis, Insights and Forecast - By End-User; 5.5.1. Original Equipment Manufacturers (OEMs); 5.5.2. Automotive Dealers; 5.5.3. Fleet Owners; 5.5.4. Regulatory Bodies; 5.5.5. Insurers; 5.5.6. Service Providers; 5.6. Market Analysis, Insights and Forecast - By Region; 5.6.1. North America; 5.6.2. Europe; 5.6.3. Asia Pacific; 5.6.4. Rest of the World
6. North America Vehicle Analytics Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast - By Application; 6.1.1. Predictive Maintenance; 6.1.2. Traffic Management; 6.1.3. Safety & Security Management; 6.1.4. Driver & User Behavior Analysis; 6.1.5. Dealer Performance Analysis; 6.1.6. Usage-Based Insurance; 6.1.7. Others; 6.2. Market Analysis, Insights and Forecast - By Component; 6.2.1. Software; 6.2.2. Services; 6.3. Market Analysis, Insights and Forecast - By Deployment Model; 6.3.1. On-Premises; 6.3.2. On-Demand; 6.4. Market Analysis, Insights and Forecast - By End-User; 6.4.1. Original Equipment Manufacturers (OEMs); 6.4.2. Automotive Dealers; 6.4.3. Fleet Owners; 6.4.4. Regulatory Bodies; 6.4.5. Insurers; 6.4.6. Service Providers; 6.5. Market Analysis, Insights and Forecast - By Country; 6.5.1. U.S.; 6.5.1.1. Market Analysis, Insights and Forecast - By Application; 6.5.2. Canada; 6.5.2.1. Market Analysis, Insights and Forecast - By Application; 6.5.3. Mexico; 6.5.3.1. Market Analysis, Insights and Forecast - By Application
7. Europe Vehicle Analytics Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast - By Application; 7.1.1. Predictive Maintenance; 7.1.2. Traffic Management; 7.1.3. Safety & Security Management; 7.1.4. Driver & User Behavior Analysis; 7.1.5. Dealer Performance Analysis; 7.1.6. Usage-Based Insurance; 7.1.7. Others; 7.2. Market Analysis, Insights and Forecast - By Component; 7.2.1. Software; 7.2.2. Services; 7.3. Market Analysis, Insights and Forecast - By Deployment Model; 7.3.1. On-Premises; 7.3.2. On-Demand; 7.4. Market Analysis, Insights and Forecast - By End-User; 7.4.1. Original Equipment Manufacturers (OEMs); 7.4.2. Automotive Dealers; 7.4.3. Fleet Owners; 7.4.4. Regulatory Bodies; 7.4.5. Insurers; 7.4.6. Service Providers; 7.5. Market Analysis, Insights and Forecast - By Country; 7.5.1. U.K.; 7.5.1.1. Market Analysis, Insights and Forecast - By Application; 7.5.2. Germany; 7.5.2.1. Market Analysis, Insights and Forecast - By Application; 7.5.3. France; 7.5.3.1. Market Analysis, Insights and Forecast - By Application; 7.5.4. Rest of Europe; 7.5.4.1. Market Analysis, Insights and Forecast - By Application
8. Asia Pacific Vehicle Analytics Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast - By Application; 8.1.1. Predictive Maintenance; 8.1.2. Traffic Management; 8.1.3. Safety & Security Management; 8.1.4. Driver & User Behavior Analysis; 8.1.5. Dealer Performance Analysis; 8.1.6. Usage-Based Insurance; 8.1.7. Others; 8.2. Market Analysis, Insights and Forecast - By Component; 8.2.1. Software; 8.2.2. Services; 8.3. Market Analysis, Insights and Forecast - By Deployment Model; 8.3.1. On-Premises; 8.3.2. On-Demand; 8.4. Market Analysis, Insights and Forecast - By End-User; 8.4.1. Original Equipment Manufacturers (OEMs); 8.4.2. Automotive Dealers; 8.4.3. Fleet Owners; 8.4.4. Regulatory Bodies; 8.4.5. Insurers; 8.4.6. Service Providers; 8.5. Market Analysis, Insights and Forecast - By Country; 8.5.1. China; 8.5.1.1. Market Analysis, Insights and Forecast - By Application; 8.5.2. Japan; 8.5.2.1. Market Analysis, Insights and Forecast - By Application; 8.5.3. India; 8.5.3.1. Market Analysis, Insights and Forecast - By Application; 8.5.4. South Korea; 8.5.4.1. Market Analysis, Insights and Forecast - By Application; 8.5.5. Rest of Asia Pacific; 8.5.5.1. Market Analysis, Insights and Forecast - By Application
9. Rest of the World Vehicle Analytics Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast - By Application; 9.1.1. Predictive Maintenance; 9.1.2. Traffic Management; 9.1.3. Safety & Security Management; 9.1.4. Driver & User Behavior Analysis; 9.1.5. Dealer Performance Analysis; 9.1.6. Usage-Based Insurance; 9.1.7. Others; 9.2. Market Analysis, Insights and Forecast - By Component; 9.2.1. Software; 9.2.2. Services; 9.3. Market Analysis, Insights and Forecast - By Deployment Model; 9.3.1. On-Premises; 9.3.2. On-Demand; 9.4. Market Analysis, Insights and Forecast - By End-User; 9.4.1. Original Equipment Manufacturers (OEMs); 9.4.2. Automotive Dealers; 9.4.3. Fleet Owners; 9.4.4. Regulatory Bodies; 9.4.5. Insurers; 9.4.6. Service Providers
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Rank Analysis (2023); 10.3. Competitive Dashboard; 10.4. Comparative Analysis - Major Players; 10.5. Company Profiles; 10.5.1. SAP SE (Walldorf, Germany); 10.5.1.1. Overview; 10.5.1.2. Products & Services; 10.5.1.3. SWOT Analysis; 10.5.1.4. Recent Developments; 10.5.1.5. Strategies; 10.5.1.6. Financials (Based on Availability); 10.5.2. IBM Corporation (New York, U.S.); 10.5.2.1. Overview; 10.5.2.2. Products & Services; 10.5.2.3. SWOT Analysis; 10.5.2.4. Recent Developments; 10.5.2.5. Strategies; 10.5.2.6. Financials (Based on Availability); 10.5.3. Genetec Inc (Montreal, Canada); 10.5.3.1. Overview; 10.5.3.2. Products & Services; 10.5.3.3. SWOT Analysis; 10.5.3.4. Recent Developments; 10.5.3.5. Strategies; 10.5.3.6. Financials (Based on Availability); 10.5.4. Cloud Made Ltd. (London, U.K.); 10.5.4.1. Overview; 10.5.4.2. Products & Services; 10.5.4.3. SWOT Analysis; 10.5.4.4. Recent Developments; 10.5.4.5. Strategies; 10.5.4.6. Financials (Based on Availability); 10.5.5. HARMAN International Industries Inc. (Stamford, US.); 10.5.5.1. Overview; 10.5.5.2. Products & Services; 10.5.5.3. SWOT Analysis; 10.5.5.4. Recent Developments; 10.5.5.5. Strategies; 10.5.5.6. Financials (Based on Availability); 10.5.6. Intelligent Mechatronic Systems (Waterloo, Canada); 10.5.6.1. Overview; 10.5.6.2. Products & Services; 10.5.6.3. SWOT Analysis; 10.5.6.4. Recent Developments; 10.5.6.5. Strategies; 10.5.6.6. Financials (Based on Availability); 10.5.7. Microsoft (Washington, U.S.); 10.5.7.1. Overview; 10.5.7.2. Products & Services; 10.5.7.3. SWOT Analysis; 10.5.7.4. Recent Developments; 10.5.7.5. Strategies; 10.5.7.6. Financials (Based on Availability); 10.5.8. Agnik LLC (Columbia, U.S.); 10.5.8.1. Overview; 10.5.8.2. Products & Services; 10.5.8.3. SWOT Analysis; 10.5.8.4. Recent Developments; 10.5.8.5. Strategies; 10.5.8.6. Financials (Based on Availability); 10.5.9. Pivotal Software, Inc. (San Francisco, U.S.); 10.5.9.1. Overview; 10.5.9.2. Products & Services; 10.5.9.3. SWOT Analysis; 10.5.9.4. Recent Developments; 10.5.9.5. Strategies; 10.5.9.6. Financials (Based on Availability); 10.5.10. Teletrac Navman (California, U.S.); 10.5.10.1. Overview; 10.5.10.2. Products & Services; 10.5.10.3. SWOT Analysis; 10.5.10.4. Recent Developments; 10.5.10.5. Strategies; 10.5.10.6. Financials (Based on Availability)