Automotive IT Market
Integration of Big Data Analytics with Connected Farm Equipment Signifies the Next Frontier of Competition
Region : GlobalThis study aims to research and analyse the development of Big Data Analytics and connected services in the farm equipment industry and to assess the value proposition of these connected services that address the expectations of farmers and transform their business practices. The farm equipment industry is witnessing another wave of industrial chan...USD 1,500Read More
Global Investment in Truck Retail Digitization Will Reach ~$1.5 Billion by 2025
Region : GlobalThis study analyzes the global truck retailing digital transformation market. Truck retailing and its business model is obsolete and is ready for an overhaul. Digitization will be the solution to help drive change in the truck retail business model and the strategies of leading OEMs/dealers. Digitalization in truck retailing will impact 5 key areas...
Data Ownership and Monetization Channels will Accelerate Big Data Analytics Growth to $10.54 Billion by 2025
Region : North AmericaThe automotive Big Data analytics ecosystem will be a confluence of several related sectors from sensor manufacturers, wearable's companies to telecommunications providers in addition to traditional ecosystem. This research provides an in-depth analysis of the Big Data analytics initiatives across the automotive digitalization pillars. OEMs and Tie...
Automotive Mobility Integration and Impact to Ownership Costs by Services to Add More than $1 Trillion in OEM Revenue
Region : GlobalThe global automotive product to service market will be driven by mobility, connected services, and value-added upgrades. New business model disruptions are expected and they will extend the automotive service revenue pool up to $ 1.3 trillion. Car companies are evolving from the business of merely manufacturing and selling cars, to providing relat...
Automotive Ecosystem Participants to Spend ~0.6% of their Total IT Spend on Blockchain by 2025
Region : North AmericaScope of the Study Blockchain was conceptualized by Satoshi Nakamoto. Blockchains are a new data structure in which data is replicated at every node on the network to create permanence and resilience. There are ~600+ digital currencies and ~70+ digital assets built on platforms such as Ethereum and Counterparty. The Blockchain ecosystem includes ...
Digitalization Spending to Grow Rapidly to $82.01 Billion in 2020
Region : North AmericaResearch 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...USD 10,000Read More
Online Parts and Accessories Sales to Cross $50 Billion by 2022
Region : North AmericaThis study covers key trends and data analytics for the emerging eCommerce channel in the global automotive aftermarket. The study provides a comprehensive analysis of revenues and a seven-year forecast for online sales of parts across key global markets: North America, Latin America, Europe, and certain regions in Asia. It also provides a detailed...
By 2025, 27.2% of Automotive Use Cases Will Use Satellite Connectivity
Region : GlobalAutomotive 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...
By 2020, IT Spending by Automotive Companies to Reach $80.05 Billion
Region : North AmericaGrowing digitization, connectivity, cloud computing, dynamic customer preferences, Internet of Things (IoT), cybersecurity, and increasing automation are the key trends driving the automotive industry to invest in IT. Automotive OEMs, Tier I suppliers, and automotive ecosystem participants invest in key focus areas including Industry 4.0, digital r...
Connected Car Imperatives Highlight Need for Holistic Security Approach, Starting with Vehicle Design
Region : North AmericaGovernment and consumers are concerned about cyber security in cars, as researchers were able to hack into various OEM models in 2015. This research service identifies key areas that offer scope for technology innovation and discusses cybersecurity initiatives for the automotive industry. In 2015, cybersecurity, secure data transfers, and data priv...