Search results for: 'Ecosystem Activity for Automotive Data Monetization'

In 2020, Indonesias automotive total industry volume (TIV) dropped by 48.4%, compared to 2019, with only 532,030 units being sold. The passenger vehicle (PV) segment remained dominant with 73.1% market share. The economic growth for 2020 was the weakest since the 1998 Asian financial crisis. Factors impacted by the COVID-19 pandemic include Gross D...

India’s automotive industry is gaining significant momentum due to rapid economic growth and profitability. Indian government’s “Make in India” initiative played a major role in promoting start-ups in the country typically in the automotive industry. Increasing population, urbanization, and emphasis to curb carbon emissions to maintain CAFE standar...

In the near future, cars will function similar to how smartphones or even smart devices are utilized today, an evolutionary leap from their original role as merely transportation hardware. Automakers must recognize this impending shift and transform their vehicles into digital hubs as soon as feasible. Although this new form of operation will spell...

Automotive OEMs are experimenting with wireless communication to bring in high-speed Internet to moving vehicles to support use cases such as virtual reality, real-time gaming, and live video streaming. Cellular communication systems (2G, 3G, 4G) face issues in terms of speed, coverage, security and 5G is yet to be commercialized. This research ser...

The proliferation of software-defined vehicles, centralized compute architectures, connected services, and over-the-air software updates is fundamentally transforming automotive cybersecurity from a product development activity to a continuous operational discipline. As connected vehicle ecosystems expand, OEMs require capabilities that extend beyo...

This research service presents the 2020 vision for the automotive aftermarket in Australia. This market is expected to exhibit a steady CAGR during 2012–2020 driven by increased demand for accessories. The market is expected to become consolidated in the future as scale becomes a key factor for profitability. This research service is a compilation ...

Many organizations are incorporating cloud computing and SaaS applications in their business operations since they allow organizations to achieve better operation efficiency and improve overall productivity. Furthermore, with the increasing reliance on cloud computing and SaaS applications, data can now be generated, collected, and processed at a m...

The automotive industry is shifting towards intelligent networking systems and refined architecture for the development and deployment of advanced connected and autonomous vehicles. With an increasing number of connectivity features, the possibility of cyberattack threatens the safe operation of vehicles. With the security aspects of connected vehi...

12 Feb 2018  |  Global  |  Market Outlook

Global Automotive Aftermarket Outlook, 2018

Global Automotive Aftermarket Demand Expected to Increase by 4.8% During 2018; Slowdown Expected in Some Developed Markets

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The global automotive aftermarket revenues will rise during 2018, largely driven by the growth in developing markets, opening up new opportunities for passenger car and light truck parts and service providers, especially in the emerging markets. This research compiles findings from various deliverables published by Frost & Sullivan Mobility Team ov...