Automotive Data Analytics Market By Channel Market size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2022-2027 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677
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• The market for Automotive
Analytics is forecast to reach $6.2 billion by 2026, growing at a CAGR of 16.75% from 2021 to 2026.
analytics has come to play an increasing role in the automotive ecosystem. As OEMs look for new
generation models, the analytics and
provided through these solutions will increasingly come to the forefront. • The increase in technologies of the automotive industry, the demand for connected vehicles have now been elevating the demand for
analytics to analyze and gain
behavior & evaluating and projecting future demand.
KeyTakeaways
•Fuel management poses greater challenge in the automotive industry. With the use of data and analytics and accessibility to greater amount of data, the usage of fuel will become ultra-efficient and gain the capability to make measurable increases in driver productivity.
•A survey done by National Automotive Board said that growing rate of accidents is due to faults or damages found in the automotive parts. With respect to this use of analytics, damaged parts of a vehicle can be identified before it causes interruptions in daily use. This will lead the driver to identify the pattern and precede an accident to manage the situations.
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Automotive Data Analytics Market Segment Analysis - By
On the basis of channel type, the automotive OEM segment is anticipated to maintain its leading position during the forecast period to reach 51% in 2026. This is mainly due to products performance and posing advanced version of services in vehicle analytics by automotive OEMs. At present, the OEM segment holds the largest revenue share in the global market. This is possible due to advanced analytics techniques and also through the connected car technology.
Deployment
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AutomotiveDataAnalyticsMarketByChannelIndustry Outlook • Google Inc • SAP SE • Cisco Systems, Inc • Microsoft Corporation • Bosch Software Innovations GmbH • Drust • Sight Machine • ZenDrive Download PDF Brochure Contact: (+1) 970-2363677 Inquiry Before Buying Email: sales@industryarc.com
Automotive Data Analytics Market By Channel - Forecast 2022 - 2027 Learn More About the Report @ https://www.industryarc.com/Report/17997 /automotive-data-analytics-market.html Contact: (+1) 970-2363677 Inquiry Before Buying Email: sales@industryarc.com Download PDF Brochure
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