Europe Automotive Data Monetization Market Forecast 2023-2030
KEY FINDINGS
The Europe automotive data monetization market is expected to reach a CAGR of 34.62% during the forecast period 2023-2030. The demand for connected vehicles is increasing rapidly in Europe. This is due to a number of factors, including the growing awareness of the benefits of connected vehicles, such as improved safety and convenience, and government support for the adoption of connected vehicles.
MARKET INSIGHTS
To assess the growth of the Europe automotive data monetization market, an evaluation is conducted for the United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe. In France, the demand for connected vehicles is on the rise. These vehicles are equipped with sensors and communication capabilities that gather and transmit data on the vehicle’s performance, driver behavior, and geolocation. This data connectivity serves as a significant catalyst for automotive data monetization. The French government is actively supporting the automotive industry in embracing digital technologies. Through initiatives focused on smart mobility and transportation infrastructure, it is promoting the collection and utilization of automotive data.
Alternatively, the key trends in the Italian automotive data monetization market include the rise of data marketplaces, the increasing use of artificial intelligence (AI), and the growing importance of data security and privacy. There are a number of business opportunities in the Italian automotive data monetization market. For example, businesses can sell automotive data to other businesses, develop data-driven products and services for the automotive industry, or use data to improve their own internal operations. Hence, the aforementioned factors are projected to boost the market’s growth during the forecast period.
COMPETITIVE INSIGHTS
Several prominent companies in the industry are Wejo Limited, CARUSO GmbH, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 2.5.1. Prevalence Of Vehicle Telematics To Aid Market Growth
- 2.5.2. Growing Focus Of Automotive Oems To Monetize Data
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Rising Vehicle Connectivity
- 3.1.2. New Market Avenues For Automotive Oems
- 3.2. Key Restraints
- 3.2.1. Cybersecurity Related Concerns
- 3.2.2. Legal Issues Related To The Monetization Of Private Data
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.1.1. Emergence Of Internet Of Things (Iot)
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.4. Market Concentration Analysis
- 4.5. Value Chain Analysis
- 4.5.1. Data Aggregators
- 4.5.2. Automotive Oems
- 4.5.3. Customers
- 5. Market By Model
- 5.1. Direct
- 5.1.1. Market Forecast Figure
- 5.1.2. Segment Analysis
- 5.2. Indirect
- 5.2.1. Market Forecast Figure
- 5.2.2. Segment Analysis
- 6. Market By Deployment
- 6.1. Cloud
- 6.1.1. Market Forecast Figure
- 6.1.2. Segment Analysis
- 6.2. On-premises
- 6.2.1. Market Forecast Figure
- 6.2.2. Segment Analysis
- 7. Market By Application
- 7.1. Insurance
- 7.1.1. Market Forecast Figure
- 7.1.2. Segment Analysis
- 7.2. Mobility As A Service (Maas)
- 7.2.1. Market Forecast Figure
- 7.2.2. Segment Analysis
- 7.3. Predictive Maintenance
- 7.3.1. Market Forecast Figure
- 7.3.2. Segment Analysis
- 7.4. Government
- 7.4.1. Market Forecast Figure
- 7.4.2. Segment Analysis
- 8. Geographical Analysis
- 8.1. Europe
- 8.1.1. Market Size & Estimates
- 8.1.2. Europe Automotive Data Monetization Market Drivers
- 8.1.3. Europe Automotive Data Monetization Market Challenges
- 8.1.4. Europe Automotive Data Monetization Market Regulatory Framework
- 8.1.5. Key Players In Europe Automotive Data Monetization Market
- 8.1.6. Country Analysis
- 8.1.6.1. United Kingdom
- 8.1.6.1.1. United Kingdom Automotive Data Monetization Market Size & Opportunities
- 8.1.6.2. Germany
- 8.1.6.2.1. Germany Automotive Data Monetization Market Size & Opportunities
- 8.1.6.3. France
- 8.1.6.3.1. France Automotive Data Monetization Market Size & Opportunities
- 8.1.6.4. Italy
- 8.1.6.4.1. Italy Automotive Data Monetization Market Size & Opportunities
- 8.1.6.5. Spain
- 8.1.6.5.1. Spain Automotive Data Monetization Market Size & Opportunities
- 8.1.6.6. Belgium
- 8.1.6.6.1. Belgium Automotive Data Monetization Market Size & Opportunities
- 8.1.6.7. Poland
- 8.1.6.7.1. Poland Automotive Data Monetization Market Size & Opportunities
- 8.1.6.8. Rest Of Europe
- 8.1.6.8.1. Rest Of Europe Automotive Data Monetization Market Size & Opportunities
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.1.4. Business Expansions & Divestitures
- 9.2. Company Profiles
- 9.2.1. Amazon Web Services Inc
- 9.2.1.1. Company Overview
- 9.2.1.2. Products List
- 9.2.1.3. Strengths & Challenges
- 9.2.2. Caruso Gmbh
- 9.2.2.1. Company Overview
- 9.2.2.2. Products List
- 9.2.3. Continental Ag
- 9.2.3.1. Company Overview
- 9.2.3.2. Products List
- 9.2.3.3. Strengths & Challenges
- 9.2.4. Harman International
- 9.2.4.1. Company Overview
- 9.2.4.2. Products List
- 9.2.4.3. Strengths & Challenges
- 9.2.5. International Business Machines Corporation
- 9.2.5.1. Company Overview
- 9.2.5.2. Products List
- 9.2.5.3. Strengths & Challenges
- 9.2.6. Microsoft Corporation
- 9.2.6.1. Company Overview
- 9.2.6.2. Products List
- 9.2.6.3. Strengths & Challenges
- 9.2.7. Oracle Corporation
- 9.2.7.1. Company Overview
- 9.2.7.2. Products List
- 9.2.7.3. Strengths & Challenges
- 9.2.8. Otonomo Technologies Ltd
- 9.2.8.1. Company Overview
- 9.2.8.2. Products List
- 9.2.8.3. Strengths & Challenges
- 9.2.9. Tesla Inc
- 9.2.9.1. Company Overview
- 9.2.9.2. Products List
- 9.2.9.3. Strengths & Challenges
- 9.2.10. Tech Mahindra Limited
- 9.2.10.1. Company Overview
- 9.2.10.2. Products List
- 9.2.11. Vinli Inc
- 9.2.11.1. Company Overview
- 9.2.11.2. Products List
- 9.2.12. Wejo Limited
- 9.2.12.1. Company Overview
- 9.2.12.2. Products List
- 9.2.13. Xevo (Lear Corporation)
- 9.2.13.1. Company Overview
- 9.2.13.2. Products List
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