Market Insights
As per recent research by MarkNtel Advisors, The Global Automotive Data Monetization Market is projected to grow at a CAGR of around 94% during the forecast period, i.e., 2022-27.
“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”
Request Free Sample Report: https://www.marknteladvisors.com/query/request-sample/global-automotive-data-monetization-market.html
Key Driver: Booming Worldwide Popularity of Connected Cars
The growing demand for the Advanced Driving Assistance System (ADAS) to assist drivers with safe functionality & reduce car accidents has been registering an exponential growth over the past couple of years. Government regulations in various European & North American countries regarding the adoption of ADAS in cars are driving the Global Automotive Data Monetization market. For instance, an Anti-Locking Braking System (ABS) has been made mandatory for all commercial vehicles in Europe & the US. Furthermore, the rollout of the 5G network is likely to flourish the procurement of autonomous vehicles, which, in turn, would also contribute to the overall market growth.
Moreover, leading automakers have started focusing on data monetization throughout the connected vehicle life cycle. Therefore, this frontier has opened new revenue streams in the form of monthly subscriptions for premium connectivity services, paid over-the-air (OTA) upgrades, etc. Hence, all these aspects would play a crucial role in driving the Global Automotive Data Monetization market during 2022-2027.
Market Segmentation and Consumer Behavior:
By Application
- Insurance
- Government
- Predictive Maintenance
- Mobility as a Service
By Type
- Direct
- Indirect
By Deployment
- Cloud
- On Premises
Read Full Report: https://www.marknteladvisors.com/research-library/global-automotive-data-monetization-market.html
Automotive Data MonetizationMarket Geographical Analysis:
By Region:
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Key Players and Competitive Strategies in the Automotive Data Monetization Market
Several prominent players dominate the Automotive Data Monetization Market, including:
- Amazon Web Services
- Microsoft Corporation
- Continental AG
- IBM Corporation
- Herman International
- Tesla Inc
- Wejo Limited
- Oracle Corporation
- Xevo Inc.
- Tech Mahindra Ltd
- Vinli Inc
- SmartO
- The Floow ltd
- Otonomo Technologies
- Caruso GmbH
Report Delivery – MarkNtel Advisors offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
1.What factors are driving the Automotive Data Monetization Market growth?
2.How is the Automotive Data Monetization Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Automotive Data Monetization Market?
4.What is the current size of the Automotive Data Monetization Market, and how is it projected to change in the future?
5.What is the future outlook for the Automotive Data Monetization Market in terms of technological advancements and market expansion?
Request Customization – https://www.marknteladvisors.com/query/request-customization/global-automotive-data-monetization-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: [email protected]
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
