Category

Automotive Data Monetization Market - Forecast From 2019 To 2024

113 pages
Published on : Jun 2019
Report Code : KSI061612671

Description

The automotive data monetization market is projected to grow at a CAGR of 9.03% during the forecast period. Declining automotive production worldwide, on account of shrinking automotive sales in many countries, is increasing the need among automakers to stay ahead of their rivals and diversify their sources of cash flow in order to retain their market share in such an environment. Continuous adoption of digital technologies by automakers in order to digitize their business processes for improved efficiency has been opening doors to huge revenue generation opportunities for them. Automakers are moving towards monetization of huge volumes of data their business functions generate in order to strengthen their position in this industry. This is increasing the adoption of advanced data monetization solutions and services among them, thus boosting the growth of the market. Presence of a good number of players offering tailored solutions and services to customers across the globe has also been contributing to the growth of the market.

Geographically, Asia Pacific, Europe and North America are the leading regions in this market on account of presence of a large number of automakers in these regions. South America and Middle East and Africa also hold a significant share in this market.

DRIVERS

Intensifying competition across automotive industry

Increasing digitization of business functions for improved efficiency

OPPORTUNITIES

Rising investments in fully automated automotive production facilities

The major players profiled in the automotive data monetization market are Accenture, Dawex Systems, Elevondata, Emu Analytics, Gemalto, Google, IBM, Infosys, Monetize Solutions and SAP.

Segmentation

The automotive data monetization Market has been analyzed through the following segments:

By Offering

Solution

Services

By Deployment Model

On-premise

Cloud

By Enterprise Size

Small

Medium

Large

By Geography

North America

United States

Canada

Mexico

South America

Brazil

Argentina

Europe

UK

Germany

France

Italy

Others

Middle East and Africa

Saudi Arabia

UAE

Israel

Asia Pacific

Japan

China

India

Australia

Others

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