Global Automotive Data Monetization Market Outlook for 2022-27
Markntel Advisors has conducted a comprehensive study on the Global Automotive Data Monetization Market is projected to grow at a CAGR of 94% during the forecast period, 2022-27. The increasing use of data monetization tools such as Inzata, etc., by automotive manufacturers & service providers to effectively determine the performance of their products & services, which could aid in corrective maintenance, has made a significant contribution to the global demand for automotive data monetization. Other factors contributing to the growth of the Global Automotive Data Monetization Market include the rising mandates by the European Union & the US government to implement Advanced Driving Assistance Systems (ADAS) such as sensors, cameras, data recorders, etc., to eliminate the overburden of mortality caused by road accidents. According to the American Bar Association (ABA), the total number of motor vehicle crashes as a result of poor driving behaviors in the US accounted for about 1.8 million injuries & 33,000 fatalities in 2018.In addition, the Global Automotive Data Monetization Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth. GET PDF SAMPLE REPORT- https://www.marknteladvisors.com/query/request-sample/global-automotive-data-monetization-market.html.Market Opportunity: Growing Integration of Blockchain technology in Automotive UnitsThe rising inclination of automotive manufacturers such as Bayerische Motoren Werke AG, and General Motors, among others, to integrate blockchain technology in vehicles for the manufacturing of advanced autonomous vehicles has increased the demand for automotive data monetization solutions. Furthermore, the increasing demand for connected vehicles, as well as enhanced data security & reliability, coupled with advanced telematics capabilities, are predicted to increase the demand for automotive data monetization to track & process vehicle data for further automotive technology enhancements.Global Automotive Data Monetization Industry Breakdown: Key Revenue Generating SegmentsTo facilitate focused analysis, the Automotive Data Monetization Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter’s five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:-By Application-Insurance-Government-Predictive Maintenance-Mobility as a Service-By Type-Direct-Indirect-By Deployment-Cloud-On Premises-By Region-North America-South America-Europe-Middle East & Africa-Asia PacificEach sections offer valuable insights into the Automotive Data Monetization Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.Get Full Report – https://www.marknteladvisors.com/research-library/global-automotive-data-monetization-market.htmlCompetitive Analysis of the Global Automotive Data Monetization Industry-Amazon Web Services-Microsoft Corporation-Continental AG-IBM Corporation-Herman International-Tesla Inc-Wejo Limited-Oracle Corporation-Xevo Inc.-Tech Mahindra Ltd-Vinli Inc-SmartO-The Floow ltd-Otonomo Technologies-Caruso GmbHRequest Customization of this report –https://www.marknteladvisors.com/query/request-customization/global-automotive-data-monetization-market.htmlGlobal Automotive Data Monetization Market Research Report Answers the Following Key Questions
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