Pune, India, May 2018 /press release/- Market Research Future Published a Half Cooked Research Report on Global Vehicle Analytics Research Report.
Vehicle Analytics Market – Overview
The upsurge in the analytics and real-time data demand by end users have also unlocked the growth possibilities for the vehicle analytics market. Market intensive reports associated to the information and communication technology industry among others recently have been made available by Market Research Future which publishes reports on this industry. The vehicle analytics market is projected to expand with a 24 percent CAGR while achieving USD 4.3 Billion in earnings by the year 2023.
Vehicle analytics have allowed business-critical decisions to be made with a greater degree of control because of the availability of data in real-time. Rising integration of vehicle analytics in automobiles by various transportation providers and automobile manufacturers have increased the demand for the market greatly. Traffic management solutions are also one of the major causes for developing the market at an increased pace. Analytic insights that are essential to the end users of this market are creating further scope for the progress of the market over the forecast period.
Access Report @ https://www.marketresearchfuture.com/reports/vehicle-analytics-market-4400
Detailed Regional Analysis
The regional analysis of the market for vehicle analytics comprises of regions such as North America, Europe, Asia Pacific, and Rest of the World. It has been witnessed that the North American region is likely to be responsible for the biggest share of the market, while the Asia Pacific is expected to grow at a rapid rate through the forecast period. The main development in the vehicle analytics market in the North American region is credited to the technological advancements and growing use of tablets, mobile devices, and smartphones in the region.
Global Competitive Analysis
The chances for increasing revenue inflow in the business are expected to multiply through the forecast period. The escalating interest in diversification within the business has indirectly allowed the businesses to utilize several situations obtainable in the market. Companies are also continually attempting to create financial leverage, to be better positioned to capitalize on market gains. Challengers are also investing a certain amount in innovation to provide a certain degree of innovation in the market and expand the avenues for growth especially in the duration of the forecast period. The market trends have also necessitated the need to ensure financial sustainability to spend in growth opportunities as and when they arise. The objective of the firms in the market to grow their shareholder’s value, while enhancing the capability to power their competitive edge has enabled the company’s growth to a great extent.
Genetec (Canada), Microsoft Corporation (U.S.), Inquiron (U.S.), Automotive Rentals (ARI) (U.S.), SAP SE (Germany), CloudMade (Ukraine), IBM Corporation (U.S.), Harman International Industries, Inc. (U.S.), Teletrac Navman (U.S.), Inseego (U.S.), Intelligent Mechatronic Systems (Canada), Agnik LLC (U.S.), and others are among the significant competitors in the market for vehicle analytics.
Industry Updates:
May 2018 Global software-as-a-service provider, Teletrac Navman that influences GPS for location-based technology tracking solutions, recently announced a new partnership with Shipwell that is a connected freight platform that allows customers to accomplish freight shipments by the use of a single software solution. The addition of Shipwell’s automated freight technology with the hours-of-service (HOS) data and the Teletrac Navman DIRECTOR fleet management system and will collect from its electronic logging device (ELD) solution, giving asset detail in real time.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
