The Global Automotive Cloud Market size is likely to grow at a CAGR of around 18% during 2021-26. According to MarkNtel Advisors Study.
Global Automotive Cloud Market Driver:
Emerging Digitalization in Connected Vehicle: The growing smartphone user, increasing advancement in in-car connectivity, ADAS services like human-machine-interfaces (HMI), and escalating demand for IoT 5G for vehicle connectivity are factors driving the growth of the automotive cloud market.
Mushrooming deployment of cloud services for cost control, communication, and networking technologies in the automobile industry drives the market growth. The burgeoning government investment in smart roads to communicate via V2X platform (vehicles to everything) and increasing adoption of AR/VR in connected cars are likely to fuel the market growth.
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Key Market Reports Highlights
- Market Dimensions Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Automotive Cloud Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2020
-Historical Period: 2016 to 2019
-Forecast Period: 2021 to 2026
- By Application
- Infotainment
- V2X
- Telematics
- By Vehicle
- Passenger Vehicles
- Commercial Vehicles
- By Deployment
- Public Cloud
- Private Cloud
- By Region
- North America
- South America
- Europe
- Middle East Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Harman International, Robert Bosch GmbH, Verizon Communications, Inc., Continental AG, Denso Corporation, Sierra Wireless, Tomtom International, Ericsson AB, Airbiquity, Blackberry Limited, Visteon Corporation, Telenav, Microsoft, Amazon Web Services, Inc., LG Electronics, etc. are looking forward to strengthening their market positions.
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Data-Driven Insights Backed by Proven Research
We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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