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The rising demand for mobility-on-demand services is one of the biggest factors propelling the adoption of automotive digital services in Germany.
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Germany Automotive Digital Services Market Share, Size, Trends and Growth Opportunities 1 ©P&SIntelligence.Allrightsreserved
The rising demand for mobility-on-demand services is one of the biggest factors propelling the adoption of automotive digital services in Germany. In the major metropolitan cities of the country, people are increasingly preferring ride hailing and sharing services over traditional public transport, with almost 750,000 people using various car sharing services and over 8 million interested in the concept of car sharing. Moreover, the numerous advantages associated with mobility-on-demand services, such as no repair and maintenance costs, parking expenses, and insurance costs, are making people avoid buying personal vehicles in the country. Due to the above-mentioned factors, the revenue generated from the sale of automotive digital services in Germany is predicted to increase from $2,168.6 million in 2017 to $6,056.4 million by 2023. The German automotive digital services market is additionally expected to advance at a CAGR of 19.3% during the forecast period (2018–2023). There are multiple automotive digital services available in Germany — logistic fleet management, mobility-on- demand, and in-vehicle digital services. Amongst these, logistic fleet management solutions are expected to observe the fastest rise in adoption during the forecast period. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/germany-automotive-digital-services-market/report-sample The escalating need for in-vehicle connectivity features is another important factor contributing to the growing demand for automotive digital services in Germany. The sales of automobiles equipped with various in-vehicle connectivity features has increased massively in the country, over the last few years, and this trend is expected to continue in the near future, owing to the rapid development of vehicles fitted with advanced vehicle and passenger safety features and ADAS systems. As a result, the German automotive digital services market is expected to register huge growth in the years to come. Thus, it can be concluded that due to the rising need for advanced safety and driver assistance features in vehicles and increasing popularity of mobility-on-demand services, the requirement for automotive digital services will surge in Germany in future. GERMANY AUTOMOTIVE DIGITAL SERVICES MARKET •Mobility on demand oRide hailing and sharing oCar sharing •Logistic fleet management •In-vehicle digital services oDashboard infotainment •Entertainment •Navigation •Call oAdvanced driver assistance system (ADAS) oInternet of things (IoT)
▪E-Call/B-Call Services ▪Usage based Insurance Services ▪V2X Services The below information is provided for all the above-mentioned categories •Value •Number of Users •Frequency of Usage •Time of Usage Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=germany-automotive-digital-services-market This market research report provides a comprehensive overview of the German automotive digital services market. This study covers •Historical and the present size of the German automotive digital services market •Future potential of the market through its forecast for the period 2013-2023 •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market About P&S Intelligence P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. 3 ©P&SIntelligence.Allrightsreserved
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