Search results for: 'ecosystem activity for automotive da monetization 2030 2014'

20 Nov 2024  |  Global  |  Market Research

Ecosystem Activity for Automotive Data Monetization, 2024–2030

OEMs and Solution Providers are Developing New Concepts and Approaches to Re-invent the Vehicle Data Monetization Market

Infographics

×

In a competitive, yet fragmented market for vehicle data, partnerships with third parties can be the difference between a successful or failed strategy for original equipment manufacturers (OEMs). Inflated expectations linked to the value of vehicle data that marked the peak hype years for data monetization are well behind the automotive industry....

Vehicles generate data that can be collected and used for new services and solutions—either for internal purposes within the workings of an automaker or for third parties that require data to create innovative use cases and value propositions. The connected car is already a rich source of information, and with new model launches, increased levels ...

The expansion of embedded payment to new domains and process automation are great opportunities for growth in the Asia-Pacific Real-Time Payment (RTP) Monetization market. Technology advances in online payment and the development of cloud and API-based solutions are transforming the industry and its processing workflows. As a result, businesses wil...

This study explores the various connected services offered by APAC-based automakers in North America and Europe. These connected services have been categorized into 7 sub-segments: Infotainment and Navigation, Maintenance, Safety and Security, Remote Services, Convenience, EV-specific Services, and Data Monetization and Function-on-Demand (FoD). Th...

5G technology, the successor of 4G, has higher speeds and bandwidth, lower latency, and multiple connections. The technology provides other benefits, such as platform digitalization and extended device battery life. The new dimensions of 5G are triggering the development of new services and technology monetization. Most governments in APAC support ...

Like most industries in 2024, technological advances, shifting consumer preferences, and regulatory changes are transforming the global automotive industry. Frost & Sullivan’s analysis shows that Chinese Tier 1 suppliers have emerged as pivotal players in this dynamic environment, leveraging their technological capabilities and innovative prowess t...

This study examines the diverse connected services offered by North American-based automakers operating across North America and Europe. It categorizes the services into seven sub-segments: infotainment and navigation, maintenance, safety and security, remote services, convenience, EV-specific services, and data monetization and function-on-demand ...

The Indian automotive industry is at a tipping point, with a range of factors, such as increasing urbanization and congestion, shifting consumer preference towards connectivity, the transition toward electric vehicles, and growing demand for safer cars, changing the dynamics of the market. The Indian government s push to reduce road fatalities and ...

The Latin American automotive industry continues to grow, despite COVID-19, scarcity of resources and auto parts, the Russo-Ukrainian War, inflation, and exchange rates affecting vehicles’ availability and prices. With 4.4 million units sold and a slow recovery from the pandemic, Latin American automotive expanded by 2.7% in 2022. Ecuador showed...