Ecosystem Activity for Automotive Data Monetization, 2024–2030

Automotive 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

INDUSTRY
Automotive

RELEASE DATE
20-Nov-2024
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
MH8A-01-00-00-00
SKU
AU_2024_1146
Yes
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Ecosystem Activity for Automotive Data Monetization, 2024–2030
Published on: 20-Nov-2024 | SKU: AU_2024_1146

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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. Now, OEMs are busy creating data platforms and access points that they own and operate, while weighing up partnerships with vehicle data marketplace, API providers, and industry associations.

At the same time, OEMs need to balance innovation with an acute focus on compliance with data privacy rules and regulations across the world.

This Frost & Sullivan analysis examines the European and North American OEMs that have publicly disclosed details of their vehicle data activity, as well as the solution providers that aim to help them achieve their aims of internal benefits and external returns on investment from data utilization.

Author: Jack Dunkley

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Automotive Data Monetization Industry

Background and Context to Data Monetization in the Automotive and Mobility Industry

Overview of the Structure and Content of the Study

Data Privacy Legislation Overview in the United States, Europe, and China

Overview of OEM Activity

Overview of Vehicle Data Specialists Activity

Overview of Vehicle Data Specialists Activity (continued)

Evolution of OEM Strategies for Vehicle Data Monetization

Overview of Vehicle Data Start-up and Distributor Ecosystem

Roles of Vehicle Data Start-ups

Association and Consortia

Privacy Solution Providers

Implications of the Regulatory Landscape on Vehicle Data Monetization

The European Strategy for Data Is Maturing around the Core Principle of Data Protection

Europe—Live Privacy and Data Protection Directives and Regulations

Europe—Live Privacy and Data Protection Directives and Regulations (continued)

United States—Live Federal Privacy and Data Protection Directives and Regulations

United States—Current Picture of Live and Incoming State-level Privacy and Data Protection Directives and Regulations (as of 22 July 2024)

China—Live Privacy and Data Protection Directives and Regulations

Using Vehicle Data Requires an Acute Focus on Consumer Privacy

BMW Group

BMW Group (continued)

Ford

Ford (continued)

General Motors

General Motors (continued)

Mercedes-Benz

Mercedes-Benz (continued)

Stellantis

Stellantis (continued)

Volkswagen Group

Volkswagen Group (continued)

CANGO Mobility

CANGO Mobility (continued)

CARUSO Dataplace

CARUSO Dataplace (continued)

Dawex

Dawex (continued)

ECHOES

ECHOES (continued)

Gaist

Gaist (continued)

HERE Marketplace

HERE Marketplace (continued)

High Mobility

High Mobility (continued)

Mobito

Mobito (continued)

Motorq

Motorq (continued)

ObjectBox

ObjectBox (continued)

Smartcar

Smartcar (continued)

Growth Opportunity 1: Increased Interaction between OEMs and Vehicle Data Specialists

Growth Opportunity 1: Increased Interaction between OEMs and Vehicle Data Specialists (continued)

Growth Opportunity 2: Public-private Partnerships

Growth Opportunity 2: Public-private Partnerships (continued)

Growth Opportunity 3: Participation in Innovation Hubs

Growth Opportunity 3: Participation in Innovation Hubs (continued)

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

Legal Disclaimer


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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. Now, OEMs are busy creating data platforms and access points that they own and operate, while weighing up partnerships with vehicle data marketplace, API providers, and industry associations. At the same time, OEMs need to balance innovation with an acute focus on compliance with data privacy rules and regulations across the world. This Frost & Sullivan analysis examines the European and North American OEMs that have publicly disclosed details of their vehicle data activity, as well as the solution providers that aim to help them achieve their aims of internal benefits and external returns on investment from data utilization. Author: Jack Dunkley
More Information
Deliverable Type Market Research
Author Jack Dunkley
Industries Automotive
No Index No
Is Prebook No
Keyword 1 Automotive Data Monetization
Keyword 2 Connected Services Trends
Keyword 3 Automotive Insights 2024
Podcast No
Predecessor MD48-01-00-00-00
WIP Number MH8A-01-00-00-00