Cloud Based Solutions for Automobiles Market: Industry Trends, Share, Size and Forecast Report

Overview

Cloud Based Solutions for Automobiles Market Introduction

The global Cloud based solutions for automobiles market is poised to value over US $ 67 billion by the end of 2027, registering a CAGR of 18.9% during the forecast period of 2020 to 2027.

The latest published market intelligence report by FutureWise titled 'Cloud based solutions for automobiles market: Global Opportunity Analysis and Industry Forecast, 2020-2027', examines the global market for cloud based solutions for automotive in terms of deployment, service model, vehicle, electric vehicle, application, region, major market players and competitive presence for the period 2020 to 2027.

The increasing demand for enhanced infotainment systems, advanced driver assistance systems (ADAS), telematics, in-car networking etc. is projected to augment the use of these services in the automobiles sector substantially in the near future. The cloud-based solutions market for automotive has exhibited steadfast growth in emerging economies such as China, India, and the Middle East. Nevertheless, poor network connectivity and underdeveloped cloud infrastructure can hinder the market growth.

Cloud Based Solutions for Automobiles Market

Cloud Based Solutions for Automobiles Market Segmentation

By Application

Fleet Management Application
Infotainment System
Telematics
Over the Air (OTA) Updates
ADAS
Other Services (Shared Mobility, In-Car Data Service, Etc.)

By Service Model

Professional Services
Managed Services

By Deployment Type

Private Cloud
Public Cloud

By Vehicle Type

Passenger Car
Commercial Vehicle

By Electric Vehicle Type

Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)

By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Rest of the World

Major Market Players Profiled:

Blackberry Limited
Harman International
Verizon Wireless
Continental AG
Robert Bosch GmbH
Denso Corporation
Trimble Inc.
Sierra Wireless
Delphi Automotive PLC
Tomtom International Bv
Ericsson AB
Airbiquity Inc

Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the global cloud-based solutions market for automotive on the basis of application, service model, deployment, vehicle type, electric vehicle type, and region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies