(MENAFN- iCrowdNewsWire) Big Data in the Automotive 2020 Global Market – Innovation, Technologies, Applications, Verticals, Strategies & Forecasts
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iCrowdNewswire Jan 4, 2021 2:00 AM ET
WiseGuyReports.Com Publish a New Market Research Report On ' Big Data in the Automotive 2020 Global Market Innovation, Technologies, Applications, Verticals, Strategies & Forecasts .
Big Data in the Automotive Market 2020
Description: -
The Big Data investments in the automotive industry will account for more than $3.3 Billion in 2018 alone. Led by a plethora of business opportunities for automotive OEMs, tier-1 suppliers, insurers, dealerships and other stakeholders, these investments are further expected to grow at a CAGR of approximately 16% over the next three years.
The 'Big Data in the Automotive Industry: 2018 2030 Opportunities, Challenges, Strategies & Forecasts report presents an in-depth assessment of Big Data in the automotive industry including key market drivers, challenges, investment potential, application areas, use cases, future roadmap, value chain, case studies, vendor profiles and strategies. The report also presents market size forecasts for Big Data hardware, software and professional services investments from 2018 through to 2030. The forecasts are segmented for 8 horizontal submarkets, 4 application areas, 18 use cases, 6 regions and 35 countries.
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Major Key Company Profiles Included in Big Data in the Automotive Market are :
Google/Alphabet
Grakn Labs
Greenwave Systems
GridGain Systems
H2O.ai
HarperDB
Hedvig
Hitachi Vantara
Hortonworks
HPE (Hewlett Packard Enterprise)
Huawei
And more..
According to the analysed report, some of the key manufacturers and suppliers in the Big Data in the Automotive market focus on increasing production capacities and the development of unique and sustainable technologies to produce the product/service. Different manufacturing units have been set up in developing countries for faster and cheaper production. Alliances with raw material suppliers and end-use manufacturers encourage the industry shareholders to expend the market share over the forecast period. To strategically analyse the opportunities in the market for stakeholders by identifying the high growth trend and their contribution to the market. Competitive developments like expansions, agreements, new product launches, and acquisitions in the market are the factors driving the market growth.
Regional overview
The high demand for manufacturing this product/ service is expected to support the market. The rapid industrialization, high economic growth, and urbanization in the developing regions have boosted the regional demand of this Big Data in the Automotive market. The rise in foreign investments and favorable regulative policies are also responsible for market growth. The region is continuously getting transformed into a manufacturing core that increases the demand for the supply of material over the past few years. Important and maximum manufacturers are shifting their manufacturing facilities and sites to countries like India, China, and Vietnam, as these countries have lower labor costs and favorable government support. The constant rise in production is also estimated to drive product demand over the forecast period of 2030. But with a rise in their production limits and capacities, the exports have decreased.
Market Segmentation
This analysed report of Big Data in the Automotive market estimates revenue and volume growth at regional, country, and global levels and provides a comprehensive report on the latest industry trends prevailing in each of the sub-segments from 2020 to 2030. The market is segmented based on type, application, and region considering the forecast market. Potential market and advantage, opportunity and challenge, restrictions and risks are also analysed. This report covers the global stock market size considering value, price, capacity, production, and consumption in key regions like North America, Europe, Asia-pacific and the Middle East. This report focuses on the key manufacturers and studies the market share and development plans in the next few years.
Market insights
The product improves strength and longevity by providing better protection and adjustable durability. Moreover, growth in construction and manufacturing sectors using industrial equipment and machinery are expected to boost the product demand. The prices of any product/ service majorly depend on raw materials, auxiliary elements, and benefits. The price fluctuation of a product has a major impact on the Big Data in the Automotive market. Some other macro-level factors influencing the price are operating funds and pre-operational costs. And pre-operational costs include installation and setup, profited interests, project planning, and management, investing and commissioning costs.
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Table of Contents Major Key Points
Chapter 1: Introduction
Chapter 2: An Overview of Big Data
Chapter 3: Big Data Analytics
Chapter 4: Business Case & Applications in the Automotive Industry
Chapter 5: Automotive Industry Case Studies
Chapter 6: Future Roadmap & Value Chain
Chapter 7: Standardization & Regulatory Initiatives
Continued….
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