Vehicle Analytics Market Expected to Strike New Growth Spots with Substantial Advances in Predictive Analytics

Published on : Oct 09, 2018

Albany, New York, October 9, 2018: Burgeoning development in transport infrastructure across economies have maneuvered adoption of advanced technologies such as vehicle analytics to attain actionable insights on real time data and connectivity. Proliferated adoption across industries such as automotive, and car insurers have up-scaled growth in vehicle analytics market. To evaluate recent developments and their reciprocal influence on the growth of the market, Market Research Hub (MRH) has collated a new research report titled, 'Global Vehicle Analytics Market Size, Status and Forecast 2018-2025' to its fast expanding database.

To sustain dominance amidst stiff competition, leading market players in vehicle analytics market are integrating resources to advance analytical capabilities resonating driver and consumer behavior, besides vehicle health. Substantial development in predictive analytics to offer enhanced analytical support pertaining to fuel economy and vehicle maintenance remains a core priority amongst leading players in vehicle analytics market. 

SAP Partners with HERE Technologies for Superlative Location Mapping

As part of a recent development, leading vehicle anlytics provider, SAP has etched new business deal with HERE technologies to improvise its mapping software. The venture is expected to stramline transport functions such as automated toll payment, fuel payment as well as attain real time data for hassle free parking. The development is expected to unwind new growth scope for SAP and secure its leading stance in vehicle analytics market.

Thorough research postulates etched in the report allow readers to gain insightful business highlights on various segments and factors attributed to the market. The report identifies type and application as core segments in vehicle analytics market. Based on type the market is classified as vehicle analytics software platform, professional and consulting services, and managed services. In terms of application vehicle analytics market is categorized as OEMs, service providers, automotive dealers, fleet owners, regulatory bodies, and insurers.

North America and Europe Likely to Dominate Revenue Share in Vehicle Analytics Market

In addition to the mentioned segments, the report offers a descriptive summary of regional pockets of vehicle analytics market, based on which the market is categorized into Europe, China, Japan, United States, India, Southeast Asia, and Central and South America as core regional pockets in vehicle analytics market.  

Competitive Landscape: Vehicle Analytics Market

Elaborate research derivatives presented in the report allow readers to gauge the impact of marketing strategies in triggering desired end-user response such as their buying behavior. Market players can facilitate detailed analysis of these winning strategies to incur core deductions based on which market players can effectively facilitate lucrative business objectives. Some of the leading players identified in vehicle analytics market include, IBM, HARMAN, SAP, WEX, Genetec, and Teletrac Navman amongst several others.

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