Predictive Vehicle Technology Market worth $90.2 billion by 2027 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Predictive Vehicle Technology Market worth $90.2 billion by 2027

Description:

Predictive Vehicle Technology Market by Application (Proactive alerts, Safety & Security), Hardware (ADAS component, OBD and Telematics), Deployment (On premise and Cloud), End User, Vehicle, and Region - Global Forecast to 2027 – PowerPoint PPT presentation

Number of Views:16
Slides: 8
Provided by: pratikd

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Predictive Vehicle Technology Market worth $90.2 billion by 2027


1
MarketsandMarkets Presents

Predictive Vehicle Technology Market worth 90.2
billion by 2027
https//www.marketsandmarkets.com/Market-Reports/p
redictive-vehicle-technology-market-133781237.html

2
The report "Predictive Vehicle Technology
Market by Application (Proactive alerts, Safety
Security), Hardware (ADAS component, OBD and
Telematics), Deployment (On premise and Cloud),
End User, Vehicle, and Region - Global Forecast
to 2027" The global predictive vehicle technology
market is projected to grow at a CAGR of 20.1 to
reach USD 90.2 billion by 2027 from an estimated
USD 20.8 billion in 2019. The major factors
driving the growth of the market are the advent
of machine learning and excessive usage of
real-time data for various automotive
applications, leveraging the use of predictive
technology in automobiles. Browse 42 market
data Tables and 44 Figures spread through 127
Pages and in-depth TOC on "Predictive Vehicle
Technology Market Get The PDF Brochure For
This Report _at_ https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id133781237
3
By Deployment Cloud is the fastest growing
segment of the predictive vehicle technology
market during the forecast period The advent of
big data and cloud computing is creating
opportunities for organizations to move toward
cloud-based deployment models. The cloud model is
expected to be adopted at a higher rate than
on-premise deployment in the future. Cloud
deployment model makes use of the cloud to
deliver solutions to clients. Scalability and
agility of cloud-based technologies are
contributing to the increasing adoption of
cloud-based vehicle analytics solutions. These
factors have fueled the fastest growth of the
commercial vehicle segment. By Vehicle Type
Commercial vehicle is expected to be the fastest
growing segment in the predictive vehicle
technology market In commercial vehicles, the
use of telematics systems is rising as it
contributes to fleet safety. It mainly provides
satellite navigation, GPS location tracking, and
infotainment options. The option to monitor the
location of a vehicle in real time is useful for
informing drivers about the incoming traffic,
vehicle accidents, weather issues, and congested
routes. Government regulations in developed
countries are supportive of and often mandate the
inclusion of commercial telematics in new
vehicles, helping the global commercial
telematics market.
4
By Region Asia Pacific is expected to be the
fastest growing region in the by 2027 in the
predictive vehicle technology market India,
China, and South Korea, among others are
supporting the inclusion of commercial telematics
in new vehicles, helping the global commercial
telematics market. Many European and North
American OEMs are entering the sub-continental
markets to cater to the demand for advanced
telematics solution in the region. In addition to
this, the anticipated BS VI regulation in India
is likely to push the demand for OBD in passenger
and commercial vehicles. These factors together
are responsible for the fastest growth of the
Asia Pacific region during the forecast
period. The major market players include Bosch
(Germany), Continental (Germany), Valeo (France),
Garrett Motion (Switzerland), Aisin Seiki
(Japan), and Aptiv (UK), among others. Request
for Sample Pages _at_ https//www.marketsandmarkets.c
om/requestsampleNew.asp?id133781237
5
  • Critical Questions
  • With the growth of predictive vehicle technology,
    data is becoming the new money. What should be
    the go-to-market strategies for predictive
    vehicle technology suppliers to enter the
    developing regions?
  • How will the implementation of safety mandates
    impact the overall market?
  • Who is responsible for the ownership of data
    generated through predictive vehicle technology?
    How is it commercialized?
  • Predictive vehicle technology will be collecting
    huge amount of data. What are data security
    solution providers doing to protect this critical
    data?
  • To speak to our analyst for a discussion on the
    above findings, click Speak to Analyst

6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 5000 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions.   Our 850 fulltime analyst
and SMEs at MarketsandMarkets are tracking
global high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve.   MarketsandMarketss flagship
competitive intelligence and market research
platform, "RT" connects over 200,000 markets and
entire value chains for deeper understanding of
the unmet insights along with market sizing and
forecasts of niche markets.   
https//www.marketsandmarkets.com/Market-Reports/p
redictive-vehicle-technology-market-133781237.html

7
Contact Us
Mr. Shelly Singh MarketsandMarkets INC. 630
Dundee Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441 Email sales_at_marketsandmarkets.com
  MarketsandMarkets Blog http//www.marketsandmark
ets.com http//twitter.com/marketsmarkets http//w
ww.linkedin.com/company/marketsandmarkets
About PowerShow.com