Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Aug 16, 2019 2:47 PM ET

Predictive Vehicle Technology Market 2027: Forecasts, Analysis and Overview


Predictive Vehicle Technology Market 2027: Forecasts, Analysis and Overview

iCrowd Newswire - Aug 16, 2019

Predictive Vehicle Technology Market by Application (Proactive alerts, Safety & Security), Hardware (ADAS component, OBD and Telematics), Deployment (On-premise and Cloud), End User, Vehicle, and Region – Global Forecast to 2027 “, The global Predictive Vehicle Technology Market is projected to grow at a CAGR of 20.1% to reach USD 90.2 billion by 2027 from an estimated USD 20.8 billion in 2019.

The major factors driving the growth of the market are the advent of machine learning and excessive usage of real-time data for various automotive applications, leveraging the use of predictive technology in automobiles.

Browse and in-depth TOC on Predictive Vehicle Technology Market”

42 – Tables
16 – Figures
125 – Pages

The major Predictive Vehicle Technology Market players include Bosch (Germany), Continental (Germany), Garrett Motion (Switzerland), Aptiv (UK), Aisin Seiki (Japan), ZF (Germany), NXP (The Netherlands), and Valeo (France) among others.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133781237

By Deployment: Cloud is the fastest-growing segment of the Predictive Vehicle Technology Market during the forecast period

The advent of big data and cloud computing is creating opportunities for organizations to move toward cloud-based deployment models. The cloud model is expected to be adopted at a higher rate than on-premise deployment in the future. Cloud deployment model makes use of the cloud to deliver solutions to clients. Scalability and agility of cloud-based technologies are contributing to the increasing adoption of cloud-based vehicle analytics solutions.

By Vehicle Type: Commercial vehicle is expected to be the fastest-growing segment in the Predictive Vehicle Technology Market

In commercial vehicles, the use of telematics systems is rising as it contributes to fleet safety. It mainly provides satellite navigation, GPS location tracking, and infotainment options. The option to monitor the location of a vehicle in real-time is useful for informing drivers about the incoming traffic, vehicle accidents, weather issues, and congested routes. Government regulations in developed countries are supportive of and often mandate the inclusion of commercial telematics in new vehicles, helping the global commercial telematics market. These factors have fueled the fastest growth of the commercial vehicle segment.

Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=133781237
 

By Region: the Asia Pacific is expected to be the fastest-growing region in the by 2027 in the Predictive Vehicle Technology Market

India, China, and South Korea, among others, are supporting the inclusion of commercial telematics in new vehicles, helping the global commercial telematics market. Many European and North American OEMs are entering the sub-continental markets to cater to the demand for advanced telematics solution in the region. In addition to this, the anticipated BS VI regulation in India is likely to push the demand for OBD in passenger and commercial vehicles. These factors together are responsible for the fastest growth of the Asia Pacific region during the forecast period.

Browse Related Reports:

Automotive Software Market – Global Forecast to 2027
by Vehicle Type (E-Scooter/Moped and E-Motorcycle), Battery Type (Sealed Lead Acid & Li-Ion), Distance Covered, Voltage (36V, 48V, 60V & 72V), Technology (Plug-in & Battery) Region

Automotive Hypervisor Market – Global Forecast to 2025
by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment, Information), Micro-Mobility (Bicycle, Scooter), Vehicle Type, and Region

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/predictive-vehicle-technology-market.asp



Contact Information:

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]






Keywords:    Predictive Vehicle Technology Market

Tags:    Extended Distribution, Wire, Research Newswire, English