Search results for: 'cloud data learning'

Cities are evolving toward a more sustainable and efficient model. A focus area is reducing carbon emissions by adopting renewable energy sources like solar and wind power and promoting electric vehicles. In addition, there is a shift toward pedestrian-friendly urban design, with wider sidewalks, bike lanes, and increased green spaces. Cities want ...

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 ...

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

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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....

Demand for advanced battery management systems (BMS) is increasing in line with the growth of electric vehicles (EVs). This is primarily driven by the rapid adoption of Zero Emission Vehicles (ZEV) to achieve their net zero emission targets. As of 2023, BMS makes up 8% to 9% of the total EV price, which is expected to increase significantly over th...

This Frost & Sullivan analysis aims to examine the connected truck cybersecurity market, which includes light, medium, and heavy-duty vehicles. This analysis has a global scope, focusing on key regions North America, Europe, China, India, and Japan which it considers for market forecasting. With upcoming regulatory mandates, original equipment m...

16 Dec 2024  |  Global  |  Market Research

Connected Off-highway Equipment Market, Global, 2024–2030

The Market is Experiencing Transformational Growth Mainly Due to Customer Preferences and Data-driven Decisions

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The construction, mining, and agricultural equipment industries comprise high-cost equipment that addresses specific requirements and applications; however, these equipment accumulate significant operational and maintenance costs throughout their life cycles. While equipment utilization used to be a concerning metric, the growing labor shortage, re...

The global usage-based insurance (UBI) market is experiencing a transformative shift, driven by the rapid adoption of connected technologies and data-driven insights. Traditional insurance models have struggled to keep pace with the evolving automotive landscape, where driver behavior and vehicle usage patterns are becoming more integral to risk as...

In the rapidly changing automotive landscape, disruptive technologies are paving the way for a multitude of customer conveniences, with usage-based insurance (UBI) emerging as a standout example. This innovative business model is revolutionizing how insurance companies, original equipment manufacturers (OEMs), and leasing and rental fleets collect ...

25 Sep 2024  |  Global  |  Market Research

Benchmarking of North American OEM Software-defined Vehicle Strategies, 2024

North American OEMs have been at the Forefront of the Transition to Repeatable Avenues of Revenue, and Future Growth Hinges on Innovative Business Models that Use Data Monetization Strategies

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Original equipment manufacturers (OEMs) used to differentiate their products based on mechanical features. Today, consumers are increasingly looking for software-defined features, such as driver assistance, connectivity, and comfort-convenience services. The convergence of technologies, including electrification, autonomous driving, shared mobility...