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Report
Vehicle Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 146 Pages I IMARC Group
The global vehicle analytics market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 25.99% during 2022-2028.
Vehicle analytics refers to a technology that tracks real-time information from vehicles and provides it to the user or the manufacturer. It assists in vehicle counting, tracking, brand detection, road condition inspection, and incorrect direction detection. It also aids in determining the current state of a vehicle and the driving methods used by the driver. Besides this, as it improves the efficiency and safety of the overall driver experience, the demand for vehicle analytics is escalating around the world.
Vehicle Analytics Market Trends:
Digitization currently plays a pivotal role in the automotive industry as it delivers detailed information about speed, distance, emissions, resource usage, driving behavior, and fuel consumption. This, coupled with the rising sales of vehicles around the world represents one of the key factors stimulating the growth of the market. Apart from this, the increasing congestion on city streets and sidewalks has resulted in numerous safety challenges, such as distracted pedestrians and rising bicyclists. As a result, governing agencies of several countries are encouraging the adopting vehicle analytics solutions to analyze real-world data about traffic patterns and road conditions. This solution enables drivers to obtain analysis of areas with poor road conditions and bottlenecks that create traffic delays. Moreover, vehicle analytics provides alert to the owner beforehand about the potential requirement of maintenance before a breakdown can occur. This further assists in minimizing road accidents worldwide that are caused due to human negligence in the timely service and maintenance of vehicles. Besides this, the market is also impelled by the increasing utilization of these solutions to keep naval, aircraft, and ground vehicles online and avoid costly last-minute repairs.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global vehicle analytics market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on component, deployment mode, application and end user.
Breakup by Component:
Software
Services
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Application:
Dealer Performance Analysis
Driver and User Behaviour Analysis
Predictive Maintenance
Safety and Security Management
Traffic Management
Usage-based Insurance
Breakup by End User:
Original Equipment Manufacturers (OEMs)
Insurers
Automotive Dealers
Regulatory Bodies
Fleet Owners
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agnik LLC, CloudMade (Valeo), Continental AG, Genetec Inc., IMS (Insurance & Mobility Solutions), Inquiron, Inseego Corp., International Business Machines Corporation, Microsoft Corporation, Samsung Electronics Co. Ltd., SAP SE and Teletrac Navman US Ltd (Vontier Corporation).
Key Questions Answered in This Report
1. What was the size of the global vehicle analytics market in 2022?
2. What is the expected growth rate of the global vehicle analytics market during 2023-2028?
3. What has been the impact of COVID-19 on the global vehicle analytics market?
4. What are the key factors driving the global vehicle analytics market?
5. What is the breakup of the global vehicle analytics market based on the deployment mode?
6. What is the breakup of the global vehicle analytics market based on application?
7. What is the breakup of the global vehicle analytics market based on the end user?
8. What are the key regions in the global vehicle analytics market?
9. Who are the key players/companies in the global vehicle analytics market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vehicle Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Dealer Performance Analysis
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Driver and User Behaviour Analysis
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Predictive Maintenance
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Safety and Security Management
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Traffic Management
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Usage-based Insurance
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End User
9.1 Original Equipment Manufacturers (OEMs)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Insurers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Automotive Dealers
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Regulatory Bodies
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Fleet Owners
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Agnik LLC
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 CloudMade (Valeo)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Continental AG
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Genetec Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 IMS (Insurance & Mobility Solutions)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Inquiron
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Inseego Corp.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 International Business Machines Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Microsoft Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Samsung Electronics Co. Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 SAP SE
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Teletrac Navman US Ltd (Vontier Corporation)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
Figure 1: Global: Vehicle Analytics Market: Major Drivers and Challenges
Figure 2: Global: Vehicle Analytics Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Vehicle Analytics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Vehicle Analytics Market: Breakup by Component (in %), 2022
Figure 5: Global: Vehicle Analytics Market: Breakup by Deployment Mode (in %), 2022
Figure 6: Global: Vehicle Analytics Market: Breakup by Application (in %), 2022
Figure 7: Global: Vehicle Analytics Market: Breakup by End User (in %), 2022
Figure 8: Global: Vehicle Analytics Market: Breakup by Region (in %), 2022
Figure 9: Global: Vehicle Analytics (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Vehicle Analytics (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Vehicle Analytics (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Vehicle Analytics (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Vehicle Analytics (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Vehicle Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Vehicle Analytics (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Vehicle Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Vehicle Analytics (Dealer Performance Analysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Vehicle Analytics (Dealer Performance Analysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Vehicle Analytics (Driver and User Behaviour Analysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Vehicle Analytics (Driver and User Behaviour Analysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Vehicle Analytics (Predictive Maintenance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Vehicle Analytics (Predictive Maintenance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Vehicle Analytics (Safety and Security Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Vehicle Analytics (Safety and Security Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Vehicle Analytics (Traffic Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Vehicle Analytics (Traffic Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Vehicle Analytics (Usage-based Insurance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Vehicle Analytics (Usage-based Insurance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Vehicle Analytics (Original Equipment Manufacturers-OEMs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Vehicle Analytics (Original Equipment Manufacturers-OEMs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Vehicle Analytics (Insurers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Vehicle Analytics (Insurers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Vehicle Analytics (Automotive Dealers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Vehicle Analytics (Automotive Dealers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Vehicle Analytics (Regulatory Bodies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Vehicle Analytics (Regulatory Bodies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Vehicle Analytics (Fleet Owners) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Vehicle Analytics (Fleet Owners) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia-Pacific: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia-Pacific: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Europe: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Europe: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Germany: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: France: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: France: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: United Kingdom: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: United Kingdom: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Italy: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Italy: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Spain: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Spain: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Russia: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Latin America: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Latin America: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Brazil: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Mexico: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Mexico: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Middle East and Africa: Vehicle Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Middle East and Africa: Vehicle Analytics Market: Breakup by Country (in %), 2022
Figure 87: Middle East and Africa: Vehicle Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Vehicle Analytics Industry: SWOT Analysis
Figure 89: Global: Vehicle Analytics Industry: Value Chain Analysis
Figure 90: Global: Vehicle Analytics Industry: Porter's Five Forces Analysis
Table 1: Global: Vehicle Analytics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Vehicle Analytics Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Vehicle Analytics Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
Table 4: Global: Vehicle Analytics Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Vehicle Analytics Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Vehicle Analytics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Vehicle Analytics Market: Competitive Structure
Table 8: Global: Vehicle Analytics Market: Key Players
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