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The cloud based solutions market for automotive is estimated to be USD 27.03 Billion in 2017 and is projected to grow to USD 66.95 Billion by 2022, at a CAGR of 19.88% during the forecast period.
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MarketsandMarkets Presents Cloud Based Solutions Market for Automotive worth 66.95 Billion USD by 2022
The report "Cloud Based Solutions Market for Automotive by Application (Fleet Management, Infotainment, OTA Updates, Telematics, ADAS), Deployment (Private, Public), Service Model (Professional, Managed) Vehicle, EV, and Region - Global Forecast to 2022", The cloud based solutions market for automotive is estimated to be USD 27.03 Billion in 2017 and is projected to grow to USD 66.95 Billion by 2022, at a CAGR of 19.88% during the forecast period. • Browse: • 47 Market Data Tables • 45 Figures • 143 Pages and in-depth TOC on "Cloud Based Solutions Market” • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=76863591
The cloud based solutions market for automotive is estimated to be USD 27.03 Billion in 2017 and is projected to grow to USD 66.95 Billion by 2022, at a CAGR of 19.88% during the forecast period. The technology for automotive systems such as advanced driver assistance systems (ADAS), Telematics, and in-car wireless data connectivity has been evolving year after year. The new trend in the automotive industry is to manufacture connected vehicles that feature advanced technologies and connect the cars and vehicles with their surroundings. Asia Pacific is estimated to be the fastest growing market for automotive cloud based services during the forecast period, followed by North America and Europe. The European cloud based solutions market for automotive is growing at a steady pace as most of the vehicles are equipped with high-end entertainment and safety features. With increasing popularity of automotive cloud based services, the North American market is estimated to witness a balanced growth during the forecast period. The existing vehicles in North America are already equipped with advanced safety features and infotainment system, which drive the growth of the market. The ecosystem of the cloud based services for automotive market consists of providers such as Apple (US), BlackBerry (Canada), Verizon Wireless (US), Continental AG (Germany), Ericsson (Sweden), and Bosch (Germany) and research institutes such as the Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).
Scope of the Report: • Cloud Based Solutions Market for Automotive, ByApplication Type • Fleet Management • Infotainment • Over the Air (OTA) Updates • Telematics • ADAS • Other Services (Shared Mobility, In-Car data etc.) • Cloud Based Solutions Market for Automotive, ByElectric Vehicle Type • BEV • HEV • PHEV • Cloud Based Solutions Market for Automotive, ByVehicle Type • Passenger Cars (PC) • Commercial Vehicles (CV) • Cloud Based Solutions Market for Automotive, ByService Model • Professional • Managed
Cloud Based Solutions Market for Automotive, ByDeployment • Private Cloud • Public Cloud • Cloud Based Solutions Market for Automotive, ByRegion • Asia Pacific • Europe • North America • Rest of the World • Target Audience: • Automotive OEMs • Cloud Infrastructure Developers • Cloud Service Providers • Cybersecurity Service Providers for Automotive • Infotainment OEMs • ADAS & Telematics Suppliers
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