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On-demand business model in the automotive industry is revolutionizing the way customers subscribe to a particular service offered by the OEMs. This allows the customer to activate or deactivate a service according to their regional or custom requirements. The subscription offered by auto makers can be on a monthly, yearly, one-time payment, an...

Connected vehicles is one of the most technologically advanced domains in the automotive industry with far-reaching impacts. The Global Connected Vehicles Outlook 2023 provides insights into: • Upcoming technologies, features, services, and trends • The 2022 market scenario and global and regional predictions for 2023, highlighting selected i...

The North American commercial vehicle telematics market is moving from basic vehicle tracking and compliance to broader digital fleet management, creating a more competitive but also more diverse growth environment. Traditional telematics functions, such as GPS tracking, remain important, particularly among regulated commercial fleets, but they are...

The 2019 version of the connected car outlook covers an overview on the upcoming technologies, features, services and global trends surrounding connected cars and automotive IT. The research includes latest features being introduced by automakers such as Marketplace, features-on demand, in-vehicle payments and newer telematics services. Predictions...

15 Jun 2021  |  North America  |  Market Research

US Automotive Usage-based Insurance Growth Opportunities

Transformational Growth Enabled by Connected Data Ecosystems Drives New Insurance Models

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For decades, automotive insurers have based underwriting on historical driver data and demographics. Drivers were forced to settle for one-size-fits-all policies that did not take into account their driving habits or miles driven. This began to change with the emergence of real-time tracking of vehicle and driver behavior with vehicle telematics. T...

Frost & Sullivan expects North America’s school bus market to experience steady, multiyear, replacement-driven growth, supported by an aging national fleet, rising safety requirements, and expanding state-level investment in clean student transportation. While established manufacturers continue to dominate in production scale, dealer reach, and mul...

The commercial vehicle industry faces common challenges, such as rising fixed costs, difficulty in ensuring immediate truck availability, prolonged delivery time, high operating costs, high fuel spend, increased repair cost, and sub-optimal asset utilisation. Telematics has been the go-to solution for industry participants in addressing these chall...

Research Scope In 2015, automotive industry investments in key focus areas were about $19.57 billion. Growing digitalization and advancements in technology will increase the investments to $82.01 billion by 2020. The rapid pace of digitalization is transforming the component hardware-driven automotive sector to a software and solutions-focused ind...

18 Aug 2020  |  North America  |  Market Research

Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025

V2N Communications and Neutral Servers Most Ideal for Quick Revenue Generation and Scalable Industry-wide V2X Deployment

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Key Issues Addressed

The vehicle-to-everything (V2X) industry, although mature in terms of technology, is nascent when it comes to implementation. The technology has been known to provide benefits such as reduced accidents, improved road safety, traffic management, and better co-ordination for autonomous vehicles. However, the automotive industry is yet to see a breakt...