Automotive Big Data Market – Global Forecast to 2025
The automotive industry is witnessing various developments and technological disruptions. The pace of growth is increasing when the connected vehicle technology is coming into the picture in broader way. The connected vehicle technology is getting standardized by major OEMs in new automobiles. According to MarketsandMarkets, the global market of connected car devices by unit will be 286 million units by 2021 and each vehicle will generate more than 20 GB of data every hour which will be cached into the cloud. The size of data will be increased with the commercialization of broader network spectrum such as 5G through which the large data will be transferred at very high-speed as compared to its preceding generations such as 4G, 4G (LTE) and 3G. So, the large volume of data sets which is termed as Big Data is analyzed further to map the patterns and trends of the driver & vehicle to offer improved & new product and services. The big data market for automotive is estimated to be the largest in North America followed by Europe, Asia Pacific and RoW respectively. The Asia Pacific market is estimated to grow at a highest CAGR with the technological development in the countries such as Japan and South Korea.
With the emergence of big data in automotive industry, the companies of non-automotive space are also contributing their resources to convert the big data collected from vehicle sensors, web & mobile apps and telematics into the smart analysis that will be helpful for OEMs, tier I suppliers and non-automotive players to improve the quality of products & services and gain the revenue. Simultaneously, the key automotive suppliers are investing to strengthen their product offering in the new technologies. For an instance, UK based company Delphi has invested in several startups and software companies such as Valens (Israel), Rosenberger (Germany) and otonomo (Israel) in the year 2017.
The report covers the big data market for automotive by vehicle (passenger car and commercial vehicle), services (usage based insurance, vehicle tracking, vehicle diagnostics, cloud based services and over-the-air updates) and region (North America, Europe, Asia Pacific and RoW).
The report classifies and defines the big data market for automotive by value. It also analyses comprehensively the market drivers, restraints, opportunities, challenges in the market. The key players in the big data market for automotive have also been identified and profiled.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency and Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
1.8 Assumptions
2 Research Methodology
2.1 Secondary Data
2.1.1 Key Secondary Sources
2.1.2 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Sampling Techniques & Data Collection Methods
2.2.2 Primary Participants
2.3 Factor Analysis
2.3.1 Introduction
2.3.2 Demand Side Analysis
2.3.3 Supply Side Analysis
2.4 Market Size Estimation
2.5 Data Triagulation
2.6 Assumptions
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunities
5.3.4 Challenges
6 Big Data Market for Automotive, By Service
6.1 Introduction
6.2 Usage Based Insurance
6.3 Vehicle Tracking
6.4 Vehicle Diagnostics
6.5 Cloud Based Services
6.6 Over-The-Air Updates
7 Big Data Market for Automotive, By Vehicle
7.1 Introduction
7.2 Passenger Car
7.3 Commerial Vehicle
8 Big Data Market for Automotive, By Region
8.1 Introduction
8.2 Asia Pacific
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 South Korea
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 U.K
8.3.4 Spain
8.3.5 Italy
8.4 North America
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
8.5 Rest of the World
8.5.1 Brazil
8.5.2 Russia
9 Competitive Landscape
9.1 Introduction
9.2 Competitive Leadership Mapping
10 Company Profiles
10.1 Robert Bosch
10.2 Continental
10.3 IBM
10.4 Ericsson
10.5 Blackberry
10.6 Qualcomm
10.7 Intel
10.8 Harman
10.9 Nvidia
10.10 Verizon
10.11 Inrix
10.12 Clarion
11 Appendix
11.1 Discussion Guide
11.2 Introducing RT: Real Time Market Intelligence
11.3 Available Customizations
11.4 Related Reports
11.5 Other Developments
Growth opportunities and latent adjacency in Automotive Big Data Market