In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Vehicle Analytics market for 2018-2023.
Vehicle Analytics, the types cover Software and Services, the End Users include Vehicle OEMs, Fleet Owners, Regulatory Bodies, Insurers and Others.
In the last several years, global market of Vehicle Analytics developed rapidly, with an average growth rate of 24.2%. As an important role in automotive market, the development of Vehicle Analytics have a close relationship with the development of technology.
North America and Europe account for 44% and 31% market share in 2017 respectively. As developed region, the growth rate of Vehicle Analytics are as high as less than 25%. On the other hand, the development speed of Vehicle Analytics in China and other Asian countries is relatively high. Besides, China also have larger consumption market with market share of 10% in 2017.
Market Concentration is very weak though the top 10 manufacturers occupies nearly 65% market share in 2017. There are still some of companies participated in this market.
Over the next five years, LPI(LP Information) projects that Vehicle Analytics will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Vehicle Analytics market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Vehicle Analytics Software Platform
Professional and Consulting Services
Segmentation by application:
We can also provide the customized separate regional or country-level reports, for the following regions:
Middle East and Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Acerta Analytics Solutions
Digital Recognition Network
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Vehicle Analytics market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Vehicle Analytics market by identifying its various subsegments.
Focuses on the key global Vehicle Analytics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vehicle Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Vehicle Analytics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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