North America Automotive Data Monetization Market Forecast 2023-2030
KEY FINDINGS
The North America automotive data monetization market is anticipated to grow at a CAGR of 34.07% during the forecast period 2023-2030. The rising vehicle connectivity in North America is a significant driver for the market’s growth. The automotive industry is also actively working towards the commercialization of connected vehicles, driven by the increasing demand for connectivity and data-sharing capabilities within vehicles.
MARKET INSIGHTS
To assess the growth of the North America automotive data monetization market, an evaluation is conducted for both Canada and the United States. The Canadian market for automotive data monetization is positioned for significant growth in the coming years, driven by key factors. Automotive enterprises can leverage data analytics to predict the optimal timing for vehicle maintenance, leading to a reduction in both downtime and operational expenses. Moreover, these companies can utilize data-driven insights to customize their services and product offerings, effectively meeting the unique requirements of individual customers.
Overall, the Canada automotive data monetization market represents a rapidly expanding sector replete with opportunities for businesses. With the ongoing escalation in the adoption of connected vehicles and the escalating consumer demand for personalized services, the market is poised for continued expansion in the forthcoming years.
COMPETITIVE INSIGHTS
Some of the leading firms in the market are Tesla Inc, Microsoft Corporation, 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. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. North America Automotive Data Monetization Market Drivers
- 8.1.3. North America Automotive Data Monetization Market Challenges
- 8.1.4. North America Automotive Data Monetization Regulatory Framework
- 8.1.5. Key Players In North America Automotive Data Monetization Market
- 8.1.6. Country Analysis
- 8.1.6.1. United States
- 8.1.6.1.1. United States Automotive Data Monetization Market Size & Opportunities
- 8.1.6.2. Canada
- 8.1.6.2.1. Canada 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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