The Global Vehicle Analytics Market accounted for USD 1,051.1 million in 2016 growing at a CAGR of 27.1% during the forecast period of 2017 to 2024.
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The upcoming Global Vehicle Analytics Market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Vehicle Analytics Market By Geography; Component (Software, Services, Managed Services); Deployment Model (On-Premises, On-Demand); Application (Predictive Maintenance, Warranty Analytics, Traffic Management, Safety & Security Management, Driver & User Behavior Analysis, Dealer Performance Analysis, Infotainment, Usage-Based Insurance, Road Charging); End-user (BFSI, Government, Real Estate, Media & Entertainment, Telecom, Retail and Ecommerce, Education, Travel & Hospitality, Healthcare) – Industry Trends and Forecast to 2024
Global Vehicle Analytics Market Company Share Analysis:
The report for Vehicle Analytics Market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Global Vehicle Analytics Market Segmentation:
On the basis of application, the global vehicle analytics market is further segmented into predictive maintenance, warranty analytics, traffic management, safety and security management, driver and user behavior analysis, dealer performance analysis, infotainment, usage-based insurance, road charging.
On the basis of end-user, global vehicle analytics market is further segmented into banking, financial services, and insurance, government, real estate, media and entertainment, telecom, retail and ecommerce, education, travel and hospitality, healthcare
On the basis of geography, global vehicle analytics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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Major Market Competitors of Global Vehicle Analytics Market
Some of the major players of the global vehicle analytics market are Acerta Analytics Solutions, Agnik LLC, Amodo, Automotive Rentals (ARI), Azuga, C-4 Analytics, LLC, CloudMade, Digital Recognition Network, EngineCAL, Genetec Inc., HARMAN International, IBM, Inquiron, INRIX, Inseego Corp., Intelligent Mechatronic Systems, Microsoft, Noregon, Pivotal Software, Inc., Plotly, Procon Analytics, SAP, Teletrac Navman, WEX Inc., Xevo Inc., and others.
Major Market Drivers & Restraints:
- Advancements in Technologies
- Increasing Use of Real-Time Data Collected From Sensors and GPS Tracking Devices
- High Costs Involved in Initial Setup
- Network Coverage Limitations
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