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Cloud Based Solutions for Automotive Trends and forecast
The future of cloud based solutions for the global automotive market looks promising with opportunities in the fleet management, infotainment, OTA updates, telematics, and ADAS markets. The global cloud based solutions for the global automotive market is expected to reach an estimated $94.0 billion by 2030 with a CAGR of 18.7% from 2024 to 2030. The major drivers for this market are increasing penetration of advanced driver assistance systems (ADAS) in vehicles, growing adoption of cloud telematics, and in-car wireless data connectivity and rising usage of big data for real-time insights in the automotive industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cloud Based Solutions for Automotive by Segment
The study includes a forecast for the global cloud based solutions for automotive by service mode, material, deployment, application, and region.
Cloud Based Solutions for Automotive Market by Service Mode [Shipment Analysis by Value from 2018 to 2030]:
• Professional
• Managed
Cloud Based Solutions for Automotive Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Vehicle
• Commercial Vehicle
Cloud Based Solutions for Automotive Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• Private
• Public
Cloud Based Solutions for Automotive Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Fleet Management
• Infotainment
• Ota Updates
• Telematics
• ADAS
Cloud Based Solutions for Automotive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cloud Based Solutions Companies for Automotive Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud based solutions companies for automotive market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud based solutions companies for automotive market are profiled in this report include-
• Robert Bosch
• Trimble
• Harman International
• Tom-Tom International
• Delphi Automotive
• Continental
• Verizon Wireless
Cloud Based Solutions for Automotive Market Insights
Lucintel forecasts that managed is expected to witness highest growth over the forecast period owing to its better cloud infrastructure and integration of cloud based services in vehicles.
Within this market, fleet management will remain the largest segment due to modernization of fleet business.
APAC is expected to witness highest growth over the forecast period due to significantly growing demand from automotive industry and higher adoption for automotive cloud based services in the region.
Features of the Cloud Based Solutions for the Global Automotive Market
Market Size Estimates: Cloud based solutions for automotive market size estimation in terms of value ($B).
Trend and forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cloud based solutions for automotive market size by various segments, such as by service mode, material, deployment, application, and region in terms of value ($B).
Regional Analysis: Cloud based solutions for automotive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different service modes, materials, deployment, applications, and regions for the cloud based solutions for the global automotive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud based solutions for the global automotive market.
Analysis of competitive intensity of the industry based on Porter’s Five forces model.
FAQ
Q.1 What is the cloud based solutions for the global automotive market size?
Answer: Cloud based solutions for the global automotive market is expected to reach an estimated $94.0 billion by 2030.
Q.2 What is the growth forecast for cloud based solutions for the global automotive market?
Answer: Cloud based solutions for the global automotive market is expected to grow with a CAGR of 18.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the cloud based solutions for the global automotive market?
Answer: The major drivers for this market are increasing penetration of advanced driver assistance systems (ADAS) in vehicles, growing adoption of cloud telematics, and in-car wireless data connectivity and rising usage of big data for real-time insights in the automotive industry.
Q4. What are the major segments for cloud based solutions for the global automotive market?
Answer: The future of cloud based solutions for the global automotive market looks promising with opportunities in the fleet management, infotainment, OTA updates, telematics, and ADAS markets
Q5. Who are the key cloud based solutions companies for the global automotive market?
Answer: Some of the key cloud based solutions companies for automotive market are as follows:
• Robert Bosch
• Trimble
• Harman International
• Tom-Tom International
• Delphi Automotive
• Continental
• Verizon Wireless
Q6. Which cloud based solutions for the global automotive market segment will be the largest in future?
Answer: Lucintel forecasts that managed is expected to witness highest growth over the forecast period owing to its better cloud infrastructure and integration of cloud based services in vehicles.
Q7. In cloud based solutions for the global automotive market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to significantly growing demand from automotive industry and higher adoption for automotive cloud based services in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cloud based solutions for the global automotive market by service mode (professional and managed), material (passenger vehicle and commercial vehicle), deployment (private and public), application (fleet management, infotainment, OTA updates, telematics, and ADAS), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cloud Based Solutions For Automotive Market, Cloud Based Solutions For Automotive Market Size, Cloud Based Solutions For Automotive Market Growth, Cloud Based Solutions For Automotive Market Analysis, Cloud Based Solutions For Automotive Market Report, Cloud Based Solutions For Automotive Market Share, Cloud Based Solutions For Automotive Market Trends, Cloud Based Solutions For Automotive Market Forecast, Cloud Based Solutions For Automotive Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Cloud Based Solutions for the Global Automotive Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and forecast (2024-2030)
3.2. Cloud Based Solutions for the Global Automotive Market Trends (2018-2023) and forecast (2024-2030)
3.3: Cloud Based Solutions for the Global Automotive Market by Service Mode
3.3.1: Professional
3.3.2: Managed
3.4: Cloud Based Solutions for the Global Automotive Market by Material
3.4.1: Passenger Vehicle
3.4.2: Commercial Vehicle
3.5: Cloud Based Solutions for the Global Automotive Market by Deployment
3.5.1: Private
3.5.2: Public
3.6: Cloud Based Solutions for the Global Automotive Market by Application
3.6.1: Fleet Management
3.6.2: Infotainment
3.6.3: OTA Updates
3.6.4: Telematics
3.6.5: ADAS
4. Market Trends and forecast Analysis by Region from 2018 to 2030
4.1: Cloud Based Solutions for the Global Automotive Market by Region
4.2: Cloud Based Solutions for the North American Automotive Market
4.2.2: Cloud Based Solutions for the North American Automotive Market by Deployment: Private and Public
4.3: Cloud Based Solutions for the European Automotive Market
4.3.1: Cloud Based Solutions for the European Automotive Market by Service Mode: Professional and Managed
4.3.2: Cloud Based Solutions for the European Automotive Market by Deployment: Private and Public
4.4: Cloud Based Solutions for the APAC Automotive Market
4.4.1: Cloud Based Solutions for the APAC Automotive Market by Service Mode: Professional and Managed
4.4.2: Cloud Based Solutions for the APAC Automotive Market by Deployment: Private and Public
4.5: Cloud Based Solutions for the ROW Automotive Market
4.5.1: Cloud Based Solutions for the ROW Automotive Market by Service Mode: Professional and Managed
4.5.2: Cloud Based Solutions for the ROW Automotive Market by Deployment: Private and Public
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Cloud Based Solutions for the Global Automotive Market by Service Mode
6.1.2: Growth Opportunities for Cloud Based Solutions for the Global Automotive Market by Material
6.1.3: Growth Opportunities for Cloud Based Solutions for the Global Automotive Market by Deployment
6.1.4: Growth Opportunities for Cloud Based Solutions for the Global Automotive Market by Application
6.1.5: Growth Opportunities for Cloud Based Solutions for the Global Automotive Market by Region
6.2: Emerging Trends of Cloud Based Solutions for the Global Automotive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Cloud Based Solutions for the Global Automotive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures of Cloud Based Solutions for the Global Automotive Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Robert Bosch
7.2: Trimble
7.3: Harman International
7.4: Tom-tom International
7.5: Delphi Automotive
7.6: Continental
7.7: Verizon wireless
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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