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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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Cloud Based Solutions Market for Automotive by Application,Deployment,ServiceModel Vehicle, EV, and Region - Global Forecast to 2022 www.MarketsandMarkets.com
Fleet Management application holds the largest market share in 2017 With the modernization of fleet business and increase in businesses such as car-rental services and logistics & supply chain, the use of fleet management application has increased exponentially. The cloud based solutions for automotive market will be driven by applications include fleet management, infotainment, OTA updates, telematics, ADAS, and other services.Thecloud based solutions market for automotive fleet management is expected to grow at a moderate CAGR during the forecast period. This can be attributed to the deployment of fleet management services and solutions in various business establishments across several countries PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=76863591
Passenger Cars– Largest share of cloud based solutions for automotive market in 2017 Growing demand for upgraded infotainment systems, facilities of ecalling, live monitoring, and in-car internet, and stringent safety & security norms have contributed to the growth of the global cloud based solutions for automotive market for passenger cars. The passenger car segment is estimated to hold the largest share of the automotive cloud based services market due to the increasing deployment of various systems that will function over the cloud. Also, safety mandates and emission regulations across developed nations have incentivized the OEMs to design passenger cars that feature advanced technologies, which serve the purpose of connected car. These factors have boosted the cloud based solutions market for passenger cars across the globe. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=76863591
Browse >> 47market data tables 45figures 143pagesand in-depth TOC on “Cloud Based SolutionMarket- Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia-Pacific: Rapid vehicle electrification and demand of connected car in Japan, China market is propelling the growth of Asia-Pacific market Witnessing the benefits of integrating IT services with automotive and transportation sectors, the Asia Pacific region has witnessed a growing demand for vehicles that are technologically advanced and efficient. This has resulted into the manifestation of an advanced vehicle ecosystem. Further, the implementation of safety regulations and construction of smart cities and infrastructure would trigger a change in the technology of passenger cars to keep them connected with the entire grid. The emergence of driving assistance technologies has incentivized the OEMs to opt for cloud based services to meet the ongoing market dynamics. Thus, expanding IT & communication infrastructure is expected to push the demand for cloud based services in vehicles in the Asia Pacific market. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=76863591
Target Audience: • The target audience of this report includes: • Automotive OEMs • Cloud Infrastructure Developers • Cloud Service Providers • Cybersecurity Service Providers for Automotive • Infotainment OEMs • ADAS & Telematics Suppliers • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=76863591
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Cloud Based SolutionMarket. These include • Apple (US) • BlackBerry (Canada) • Verizon Wireless (US) • Continental AG (Germany) • Ericsson (Sweden) • Bosch (Germany) • Pioneer (Japan) • Denso Corporation (Japan) • Airbiquity(US) • Delphi Automotive (UK) • Visteon (US). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=76863591
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