Automotive Cloud Based Solutions Market Is Projected To Grow At A CAGR of 19% Till 2024 | TechSci Research

According to TechSci Research, Global Automotive Cloud Based Solutions Market is projected to reach USD 66.98 Billion by 2024, at a CAGR of over 19% during the forecast period. The growing demand for advanced infotainment systems and in-car connectivity is expected to increase the use of cloud-based services in automobiles during the forecast period. Based on application, the market has been categorised into Fleet Management Application, Infotainment System, Telematics, ADAS, Over the Air (OTA) Updates and Others. The fleet management system is projected to hold the largest share of the cloud-based solutions market for automotive during the forecast period due to growing businesses such as car-rental services and logistics & supply chain, the use of fleet management application has increased considerably. North America region dominate the market due to growing adoption of cloud-based services in the region and growing advancements in features.

Years considered for this report:

Historical Year: 2014 - 2017

Base Year: 2018

Estimated: 2019

Forecast: 2020 - 2024

Objective of the Study:

  • To analyse and forecast the market size of Automotive Cloud Based Solutions Market, in terms of value and volume.
  • To classify and forecast Global Automotive Cloud Based Solutions Market based on vehicle, electric vehicle, deployment, service model, application and regional distribution.
  • To identify drivers and challenges for Global Automotive Cloud Based Solutions Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Cloud Based Solutions Market.
  • To conduct the pricing analysis for Automotive Cloud Based Solutions Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Automotive Cloud Based Solutions Market.

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Some of the leading players in the Global Automotive Cloud Based Solutions Market are Harman International, Blackberry Limited, Denso Corporation, Continental AG, Verizon Wireless, Ericsson AB, Airbiquity Inc., Sierra Wireless, Tomtom International Bv, Trimble Inc. etc.

Key Target Audience:

  • Cloud Infrastructure Developers
  • Cloud Service Providers
  • Cybersecurity Service Providers for Automotive
  • Automotive OEMs
  • Traders, Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Automotive Cloud Based Solutions Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Vehicle Type:
    • Passenger Cars
    • Commercial Vehicle
  • Market, By Electric Vehicle Type:
    • Battery Electric Vehicle (BEV)
    • Hybrid Electric Vehicle (HEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)
  • Market, By Deployment Type:
    • Private Cloud
    • Public Cloud
  • Market, By Service Model:
    • Professional Services
    • Managed Services
  • Market, By Application:
    • Fleet Management Application
    • Infotainment System
    • Telematics
    • ADAS
    • Over the Air (OTA) Updates
    • Others
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Cloud Based Solutions Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

Contact

Mr. Ken Mathews

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Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

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