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Automotive Data Monetization Market Outlook, Key Prospects, Pricing Strategies, Forecast

  • elizabethsanchez28
  • Aug 31, 2021
  • 4 min read

The new report published by Emergen Research, titled “Global Automotive Data Monetization Market”, offers in-depth scrutiny of the Automotive Data Monetization market landscape and its growth prospects over the forecast years. The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Automotive Data Monetization market.

Vehicles are able to capture and share different types of data, including on vehicle performance, geolocation, biometric data, and driver behavior. GPS functionality has supported navigation systems for years, and smarter applications of data are adding value in the form of real-time road safety and traffic updates and alerts. Operational functionality and vehicle health data are gaining traction as automotive manufacturers are developing more app-based tools to monitor major maintenance statistics. Even though biometric data is at its infancy, sensors in the cockpit allow vehicles to monitor driver’s heart rhythm, stress levels, fatigue, and alcohol consumption.

Get a sample copy of the Global Automotive Data Monetization Market report @ https://www.emergenresearch.com/request-sample/702

Some Key Highlights From the Report

· In May 2021, Ford Motor launched over-the-air update capability “Power-Up” technology to make remote upgrades to its trucks and cars, and also plans to roll out 33 million vehicles by the end of 2028. The new technology would collect data on million of commercial customers and consumers, thereby providing automotive manufacturers access to a stream of revenue.

· Predictive maintenance enables insights about the need for maintenance of vehicles before a breakdown occurs. Predictive maintenance analyzes data generated from connected vehicles to understand the need for maintenance with current vehicle sensor data. It saves additional maintenance cost, increases efficiency of vehicles, and improves experience of both customers and companies. It also helps in saving lives from unexpected accidents.

· Major companies operating in the market include Continental AG, Tech Mahindra Limited, IBM Corporation, Harman International, Tesla, Microsoft Corporation, Wejo Limited, Oracle, Caruso GmbH, and The Floow Limited.

Automotive Data Monetization Market Segmentation:

Emergen Research has segmented the global automotive data monetization market on the basis of type, deployment type, end-use, and region:

· Type Outlook (Revenue, USD Billion; 2018–2028)

o Direct

o Indirect

· Deployment Type Outlook (Revenue, USD Billion; 2018–2028)

o On-Premises

o Cloud

· End-use Channel Outlook (Revenue, USD Billion; 2018–2028)

o Insurance

o Government

o Predictive Maintenance

o Mobility as a service (MaaS)

Regional Analysis:

The global Automotive Data Monetization market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Automotive Data Monetization industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a discount on the report @ https://www.emergenresearch.com/request-discount/702

Objectives of the Global Automotive Data Monetization Market Study:

· An in-depth study of the evolving market sectors and the growth & penetration status of the global Automotive Data Monetization market

· COVID-19 Impact Analysis to highlight the major opportunities and challenges

· Strategic recommendations to help readers formulate lucrative business strategies

· Identification of the emerging players and their tactical approaches to expand market presence

· An extensive study of the product portfolios of the major market players and their regional presence

· A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

Table Of Content:

Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. Automotive Data Monetization Market Segmentation & Impact Analysis 4.1. Automotive Data Monetization Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rise in vehicle connectivity fueling the demand for monetizing data 4.2.2.2. Need for creating customer value proposition 4.2.3. Market restraints analysis 4.2.3.1. Cybersecurity risk 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

 
 
 

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