Global Automotive Data Monetization Market Analysis Report

Global Automotive Data Monetization Market Analysis, 2021

marknteladvisors.com

Document Outline Table of Content Study Background, Market Segmentation, Scope of Work

Research Process & Methodology Research Approach, Research Methodology

Sample Illustration Global Automotive Data Monetization Market Analysis, 2021

02

19

30

Commercials

60

Company Profile

62

About the company

Contact Details

64

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2

Market Segmentation

Global Automotive Data Monetization Market

By Component

By End User

By Application Road Condition & Environment Monitoring

•

Vehicle Manufacturing

•

Sales & Marketing

•

Others

•

Solution

•

Automotive

•

Services

•

Insurance Companies

•

Fleet Management Companies

•

Vehicle Status Monitoring

•

Mobility Operators

•

Predictive Maintenance

•

Advertising Companies

•

Fleet Monitoring

•

Mobility Operators

•

Monitoring the Driver Behaviour

•

Others

•

In-Vehicle Communication (voice control, voice-enabled functions, virtual assistants)

By Type •

Direct

•

Indirect

By Deployment •

Cloud

•

On Premise

By Company

•

•

SAP SE

•

Google Inc.

•

Reltio

•

Cisco Systems Inc

•

SW Solutions

•

Viavi Solutions

•

IBM Corporation

•

Truata

•

Capgemini SE

•

Infosys

•

ADASTRA

By Region • North America • The US • Canada • Mexico • South America • Brazil • Argentina • Others • Europe • Germany • The UK • France • Spain • Italy • Rest of Europe • Middle East & Africa

• UAE • Saudi Arabia • Qatar • South Africa • Others • Asia Pacific • China • India • Japan • South Korea • Australia • Others

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3

Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(1/15)

Table of Content 1.

Introduction 1.1. Product Definition 1.2. Research Process 1.3. Market Segmentation 1.4. Assumptions

2.

Preface

3.

Executive Summary

4.

Impact of COVID-19 on Global Automotive Data Monetization Market

5.

Use cases of technology in Global Automotive Data Monetization Market 5.1. Blockchain 5.2. Artificial Intelligence 5.3. Internet of Things 5.4. Others

6.

Global Automotive Data Monetization Market Outlook, 2016-2026F 6.1. Market Size & Analysis 6.1.1. Revenues 6.2. Market Share & Analysis 6.2.1. By Component 6.2.1.1. Solution 6.2.1.2. Services

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(2/15)

Table of Content 6.2.2. By Type 6.2.2.1. Direct 6.2.2.2. Indirect 6.2.3. By Application 6.2.3.1. Road Condition and Environment Monitoring 6.2.3.2. Vehicle Status Monitoring 6.2.3.3. Predictive Maintenance 6.2.3.4. Fleet Monitoring 6.2.3.5. Monitoring the Driver Behaviour 6.2.3.6. In-Vehicle Communication (voice control, voice-enabled functions, virtual assistants) 6.2.3.7. Vehicle Manufacturing 6.2.3.8. Sales & Marketing 6.2.3.9. Others 6.2.4. By End User 6.2.4.1. Automotive 6.2.4.2. Insurance Companies 6.2.4.3. Fleet Management Companies 6.2.4.4. Mobility Operators 6.2.4.5. Advertising Companies 6.2.4.6. Mobility Operators

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(3/15)

Table of Content 6.2.4.7. Others 6.2.5. By Deployment Type 6.2.5.1. Cloud 6.2.5.2. On-Premise 6.2.6. By Region 6.2.6.1. North America 6.2.6.2. South America 6.2.6.3. Europe 6.2.6.4. Middle East & Africa 6.2.6.5. Asia-Pacific 6.2.7. By Company 6.2.7.1. Competition Characteristics 6.2.7.2. Market Share & Analysis 6.2.7.3. Competitive Matrix 7.

North America Automotive Data Monetization Market Outlook, 2016-2026F 7.1. Market Size & Analysis 7.1.1. Revenues 7.2. Market Share & Analysis 7.2.1. By Component 7.2.2. By Type

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(4/15)

Table of Content 7.2.3. By Application 7.2.4. By End-User 7.2.5. By Deployment Type 7.2.6. By Country 7.2.6.1. The US 7.2.6.2. Canada 7.2.6.3. Mexico 7.3. The US Automotive Data Monetization Market Outlook, 2016-2026F 7.3.1. Market Size & Analysis 7.3.1.1. Revenues 7.3.2. Market Share & Analysis 7.3.2.1. By Component 7.3.2.2. By Application 7.3.2.3. By End-User 7.4. Canada Automotive Data Monetization Market Outlook, 2016-2026F 7.4.1. Market Size & Analysis 7.4.1.1. Revenues 7.4.2. Market Share & Analysis 7.4.2.1. By Component 7.4.2.2. By Application

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(5/15)

Table of Content 7.4.2.3. By End-User 7.5. Mexico Automotive Data Monetization Market Outlook, 2016-2026F 7.5.1. Market Size & Analysis 7.5.1.1. Revenues 7.5.2. Market Share & Analysis 7.5.2.1. By Component 7.5.2.2. By Application 7.5.2.3. By End-User 8.

South America Automotive Data Monetization Market Outlook, 2016-2026F 8.1. Market Size & Analysis 8.1.1. Revenues 8.2. Market Share & Analysis 8.2.1. By Component 8.2.2. By Type 8.2.3. By Application 8.2.4. By End-User 8.2.5. By Deployment Type 8.2.6. By Country 8.2.6.1. Brazil 8.2.6.2. Argentina

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(6/15)

Table of Content 8.2.6.3. Others 8.3. Brazil Automotive Data Monetization Market Outlook, 2016-2026F 8.3.1. Market Size & Analysis 8.3.1.1. Revenues 8.3.2. Market Share & Analysis 8.3.2.1. By Component 8.3.2.2. By Application 8.3.2.3. By End-User 8.4. Argentina Automotive Data Monetization Market Outlook, 2016-2026F 8.4.1. Market Size & Analysis 8.4.1.1. Revenues 8.4.2. Market Share & Analysis 8.4.2.1. By Component 8.4.2.2. By Application 8.4.2.3. By End-User 9.

Europe Automotive Data Monetization Market Outlook, 2016-2026F 9.1. Market Size & Analysis 9.1.1. Revenues 9.2. Market Share & Analysis 9.2.1. By Component

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(7/15)

Table of Content 9.2.2. By Type 9.2.3. By Application 9.2.4. By End-User 9.2.5. By Deployment Type 9.2.6. By Country 9.2.6.1. The UK 9.2.6.2. Italy 9.2.6.3. Germany 9.2.6.4. France 9.2.6.5. Spain 9.2.6.6. Others 9.3. The UK Automotive Data Monetization Market Outlook, 2016-2026F 9.3.1. Market Size & Analysis 9.3.1.1. Revenues 9.3.2. Market Share & Analysis 9.3.2.1. By Component 9.3.2.2. By Application 9.3.2.3. By End-User 9.4. Italy Automotive Data Monetization Market Outlook, 2016-2026F 9.4.1. Market Size & Analysis

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(8/15)

Table of Content 9.4.1.1. Revenues 9.4.2. Market Share & Analysis 9.4.2.1. By Component 9.4.2.2. By Application 9.4.2.3. By End-User 9.5. Germany Automotive Data Monetization Market Outlook, 2016-2026F 9.5.1. Market Size & Analysis 9.5.1.1. Revenues 9.5.2. Market Share & Analysis 9.5.2.1. By Component 9.5.2.2. By Application 9.5.2.3. By End-User 9.6. France Automotive Data Monetization Market Outlook, 2016-2026F 9.6.1. Market Size & Analysis 9.6.1.1. Revenues 9.6.2. Market Share & Analysis 9.6.2.1. By Component 9.6.2.2. By Application 9.6.2.3. By End-User 9.7. Spain Automotive Data Monetization Market Outlook, 2016-2026F

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(9/15)

Table of Content 9.7.1. Market Size & Analysis 9.7.1.1. Revenues 9.7.2. Market Share & Analysis 9.7.2.1. By Component 9.7.2.2. By Application 9.7.2.3. By End-User 10. Middle East & Africa Automotive Data Monetization Market Outlook, 2016-2026F 10.1. Market Size & Analysis 10.1.1. Revenues 10.2. Market Share & Analysis 10.2.1. By Component 10.2.2. By Type 10.2.3. By Application 10.2.4. By End-User 10.2.5. By Deployment Type 10.2.6. By Country 10.2.6.1. UAE 10.2.6.2. Saudi Arabia 10.2.6.3. Qatar 10.2.6.4. South Africa

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(10/15)

Table of Content 10.2.6.5. Others 10.3. UAE Automotive Data Monetization Market Outlook, 2016-2026F 10.3.1. Market Size & Analysis 10.3.1.1.

Revenues

10.3.2. Market Share & Analysis 10.3.2.1.

By Component

10.3.2.2.

By Application

10.3.2.3.

By End-User

10.4. Saudi Arabia Automotive Data Monetization Market Outlook, 2016-2026F 10.4.1. Market Size & Analysis 10.4.1.1.

Revenues

10.4.2. Market Share & Analysis 10.4.2.1.

By Component

10.4.2.2.

By Application

10.4.2.3.

By End-User

10.5. Qatar Automotive Data Monetization Market Outlook, 2016-2026F 10.5.1. Market Size & Analysis 10.5.1.1.

Revenues

10.5.2. Market Share & Analysis 10.5.2.1.

By Component

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(11/15)

Table of Content 10.5.2.2.

By Application

10.5.2.3.

By End-User

10.6. South Africa Automotive Data Monetization Market Outlook, 2016-2026F 10.6.1. Market Size & Analysis 10.6.1.1.

Revenues

10.6.2. Market Share & Analysis 10.6.2.1.

By Component

10.6.2.2.

By Application

10.6.2.3.

By End-User

11. Asia-Pacific Automotive Data Monetization Market Outlook, 2016-2026F 11.1. Market Size & Analysis 11.1.1. Revenues 11.2. Market Share & Analysis 11.2.1. By Component 11.2.2. By Type 11.2.3. By Application 11.2.4. By End-User 11.2.5. By Deployment Type 11.2.6. By Country 11.2.6.1.

China

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(12/15)

Table of Content 11.2.6.2.

India

11.2.6.3.

Japan

11.2.6.4.

South Korea

11.2.6.5.

Australia

11.2.6.6.

Others

11.3. China Automotive Data Monetization Market Outlook, 2016-2026F 11.3.1. Market Size & Analysis 11.3.1.1.

Revenues

11.3.2. Market Share & Analysis 11.3.2.1.

By Component

11.3.2.2.

By Application

11.3.2.3.

By End-User

11.4. India Automotive Data Monetization Market Outlook, 2016-2026F 11.4.1. Market Size & Analysis 11.4.1.1.

Revenues

11.4.2. Market Share & Analysis 11.4.2.1.

By Component

11.4.2.2.

By Application

11.4.2.3.

By End-User

11.5. Japan Automotive Data Monetization Market Outlook, 2016-2026F

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(13/15)

Table of Content 11.5.1. Market Size & Analysis 11.5.1.1.

Revenues

11.5.2. Market Share & Analysis 11.5.2.1.

By Component

11.5.2.2.

By Application

11.5.2.3.

By End-User

11.6. South Korea Automotive Data Monetization Market Outlook, 2016-2026F 11.6.1. Market Size & Analysis 11.6.1.1.

Revenues

11.6.2. Market Share & Analysis 11.6.2.1.

By Component

11.6.2.2.

By Application

11.6.2.3.

By End-User

11.7. Australia Automotive Data Monetization Market Outlook, 2016-2026F 11.7.1. Market Size & Analysis 11.7.1.1.

Revenues

11.7.2. Market Share & Analysis 11.7.2.1.

By Component

11.7.2.2.

By Application

11.7.2.3.

By End-User

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16

Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(14/15)

Table of Content 12. Global Automotive Data Monetization Market Policies, Regulations, Product Standards 13. Global Automotive Data Monetization Market Trends & Insights 14. Global Automotive Data Monetization Market Dynamics 14.1. Growth Drivers 14.2. Challenges 14.3. Impact Analysis 15. Global Automotive Data Monetization Market Hotspot & Opportunities 16. Global Automotive Data Monetization Market Key Strategic Imperatives for Success & Growth 17. Competition Outlook 17.1. Competition Matrix 17.1.1. Product/ Solution Portfolio 17.1.2. Target Markets 17.1.3. Target End Users 17.1.4. Research & Development 17.1.5. Strategic Alliances 17.1.6. Strategic Initiatives 17.2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 17.2.1. SAP SE 17.2.2. Cisco Systems, Inc. 17.2.3. IBM Corporation

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Study Background – Project Outline

Historical Year: 2016 | Base Year: 2020 | Forecast Year: 2026

(15/15)

Table of Content 17.2.4. Capgemini SE 17.2.5. Google Inc. 17.2.6. SW Solutions 17.2.7. Truata 17.2.8. Infosys 17.2.9. ADASTRA 17.2.10. Reltio 17.2.11. Viavi Solutions 18. Disclaimer

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Document Outline Table of Content Study Background, Market Segmentation, Scope of Work

Research Process & Methodology Research Approach, Research Methodology

Sample Illustration Global Automotive Data Monetization Market Analysis, 2021

02

19

30

Commercials

60

Company Profile

62

About the company

Contact Details

64

© 2021. All Rights Reserved | MarkNtel Advisors

19

Global Automotive Data Monetization Market Outlook, 20162026F

Global Automotive Data Monetization Market, By Revenues

(1/3)

Figure XX: Global Automotive Data Monetization Market Revenues (USD Million), 2016-2026F

CAGR: X%

CAGR: X% COVID-19 Impact

2016

2017

2018

2019

2020

2021F

2022F

2023F

2024F

2025F

2026F

Source: MarkNtel Advisors

Overview • The data monetization is increasingly becoming one of the key area for profit generation across several industries where automotive is one of the industries where vehicle data can be utilized for internal processing, product optimization, or generating revenues through service innovation. There has been a push for connectivity which lets the vehicle share data, and hence the automotive sector is, working on the commercialization of connected vehicles. In fact, a major trend influencing the growth of the global automotive sector is vehicle connectivity. Considering the data vehicles are now able to capture and share, such as geolocation, vehicle performance, driver behavior, and biometrics, data has added significant value in terms of real-time updates as well as road safety alerts. The monetization of this increasing data generated by the vehicles can potentially lead to enormous benefits for the companies present in the ecosystem and further fuel the growth of the global automotive data monetization market.

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Global Automotive Data Monetization Market, By Component

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Figure XX: Global Automotive Data Monetization Market By Revenue (USD Million), By Revenue Share (Percentage), By Component, 2020 & 2026F Revenue Share (Percentage)

Revenues (USD Million), 2020-2026F

CAGR- X% Solution

2020

2026 Services

2020 Solution

2026F Services Source: MarkNtel Advisors

Market Brief • The rapid advancement in automotive industry which also include the concept of connected cars where the vehicle can communicate with each other, autonomous motor cars, electric vehicles is anticipated to be one of the key factors for generating the demand for solutions and services in the global automotive data monetization market. In 2018, National Development and Reform Commission in China introduced the national innovative development strategy of intelligent vehicles. Also, a draft was released for automobile driving automation classification by the Ministry of Industry and Information Technology which was implemented in January 2021.

• Furthermore, the rising demand from the car manufacturers and other companies to trade data is boost the introduction of new platforms. In 2019, Hewlett Packard Enterprise (HPE) and Continental announced the launch of new platform for vehicle data sharing which would enhance the safety of driver and convenience. The platform is also expected to enable the vehicle manufacturers to monetize their data.

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Global Automotive Data Monetization Market, By Type

(1/5)

Figure XX: Global Automotive Data Monetization Market By Revenue (USD Million), By Revenue Share (Percentage), By Type, 2020 & 2026F Revenue Share (Percentage)

Revenues (USD Million), 2020-2026F

CAGR- X% Direct

2020

2026 Indirect

2020 Direct

2026F Indirect Source: MarkNtel Advisors

Direct • Monetization, as the process of converting data into currency, may take the form of direct selling of data. Direct data monetization involves using data as a commodity and leveraging it to create new revenue sources. This could suggest having an API for data access, access to data analysis, or selling licenses to wholesalers, manufacturers, or brokers to access raw data. OEMs can provide service providers with raw data (via appropriate platforms) or insights into driving and commuting behavior, prejudices, and locations as a foundation for better services. Insurance firms are the primary buyers of data because they can use it to create products with dynamic pricing based on complex vehicle telemetry parameters. These could include how quickly a driver travels, whether they drive in the city or in the country, how vigorously they drive, and how closely they enforce traffic laws.

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Global Automotive Data Monetization Market, By Application

(1/6)

Figure XX: Global Automotive Data Monetization Market By Revenue (USD Million), By Application, 2016-2026F

Application

2016

2017

2018

2019

2020

2021

2022F

2023F

2024F

2025F

2026F

Road Condition & Environment Monitoring

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Vehicle Status Monitoring

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Predictive Maintenance

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Fleet Monitoring

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Monitoring the Driver Behaviour

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

In-Vehicle Communication

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Vehicle Manufacturing

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Sales & Marketing

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Others

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

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Global Automotive Data Monetization Market, By End User

(1/3)

Figure XX: Global Automotive Data Monetization Market By Revenue (USD Million), By Revenue Share (Percentage), By End User, 2020 & 2026F Revenue Share (Percentage)

Revenues (USD Million), 2020-2026F

Automotive

CAGR- X%

Insurance Companies

2020

Fleet Management Companies Mobility Operators

2026

Advertising Companies Others

2020 Automotive Mobility Operators

2026F Insurance Companies Advertising Companies

Fleet Management Companies Others Source: MarkNtel Advisors

Insurance Companies • With traditional revenue sources declining, insurers are looking for new sources of revenue growth. This results in a change in understanding of insurance as a service rather than a commodity (or policy package). Value-added services are becoming more common as a result of insights provided by the right combination of data and algorithms. The next step in raising the importance of data and analytics is to monetize data in order to reap business benefits. The primary buyers of data are insurance providers, who will use it to create plans of dynamic pricing based on particular vehicle telemetry parameters. These could include how quickly a driver drives, whether they drive in the city or the country, how violently they drive, and how well they obey traffic laws. Because of advanced vehicle sensors and data processing devices, insurance evasion and liability can also be identified reliably. Car accidents are automatically reported to insurers, along with video evidence of the accident and the extent of injury, thus automating the claim and settlement process.

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Global Automotive Data Monetization Market, By Deployment Type

(1/2)

Figure XX: Global Automotive Data Monetization Market By Revenue (USD Million), By Revenue Share (Percentage), By Deployment Type, 2020 & 2026F Revenue Share (Percentage)

Revenues (USD Million), 2020-2026F

CAGR- X% Cloud

2020

2026 On-Premise

2020 Cloud

2026F On-Premise Source: MarkNtel Advisors

Market Brief • The emergence of the connected, autonomous, shared/subscription, and electric (CASE) trend has caused a seismic shift in the business model of automotive OEMs. Previously, they made money solely by selling cars, but now, in the sense of Intelligent Transportation and Mobility as a service (MaaS), they are exploring new business models based on monetizing the vast data produced by the vehicles. This data must be stored and analyzed in order to produce analytics and insights that can be shared and monetized, and this is where the car meets cloud. OEMs also recognized that building private data centers all over the world is not cost-effective with a software-controlled asset management topology in place and that a distributed digital infrastructure integrating multi and hybrid cloud is crucial to the success of their business model. First and foremost, the new generation of cars must be cloud-connected; in the current scenarios, it is expected that by the end of 2023, 98% of all new cars will be cloud-connected.

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Global Automotive Data Monetization Market, By Region

(1/2)

Figure XX: Global Automotive Data Monetization Market Share, By Region, 2021-2026

2020: X%

Europe

2026F: X%

2020: X%

2020: X%

2026F: X%

2026F: X%

North America APAC

Middle East & Africa

2020: X% 2026F: X%

2020: X%

South America

2026F: X%

Source: MarkNtel Advisors

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27

Document Outline Table of Content Study Background, Market Segmentation, Scope of Work

Research Process & Methodology Research Approach, Research Methodology

Sample Illustration Global Automotive Data Monetization Market Analysis, 2021

02

19

30

Commercials

60

Company Profile

62

About the company

Contact Details

64

© 2021. All Rights Reserved | MarkNtel Advisors

28

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