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Vehicle Analytics - The Global Market is Projected to Reach $4.14 Billion by 2023: Rising Demand for Predictive Maintenance is Fueling Demand - ResearchAndMarkets.comThe "Global Vehicle Analytics Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering. The Vehicle Analytics market was valued at USD 1.12 billion in 2017 and is expected to grow at a CAGR of 24.2% during the forecast period (2018-2023), to reach USD 4.14 billion by 2023. Vehicle analytics has applications such as in predictive maintenance, safety and security management, driver performance analysis, amongst various others. The end-users of this technology are OEMs, regulatory bodies, insurers, amongst various others. Cars of the future are poised to show immense intelligence with prodigious connectivity. Also, data analytics will allow the vehicles to interact, navigate, collaborate without human mediation, and create a vast volume of data. Apart from this, use of vehicle telematics, and advancements in machine learning and AI are expected to fuel the market growth. However, the high cost of this technology can limit the penetation to high-end luxury cars and is expected to challenge the vehicle analytics market. Key Highlights
Notable Developments in the Market
Key Topics Covered 1. Introduction 2. Research Methodology 3. Executive Summary 4. Vehicle Analytics Market Dynamics 5. Technology Snapshot 6. Global Vehicle Analytics Market Segmentation 7. Competitive Intelligence - Company Profiles
8. Investment Analysis 9. Future Outlook of the Vehicle Analytics Market For more information about this report visit https://www.researchandmarkets.com/research/9d95hp/vehicle_analytics?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180820005349/en/ |