Global Automotive Cloud Market Research Study Offers a Broad Perspective on the Analysis of the Industry

The automotive industry has always been evolving at a rapid pace and scale since its inception. The integration of advanced technologies in the vehicles to ensure cost-effectiveness increased safety and users' convenience has largely driven innovations and consumer preferences. Connected and autonomous vehicles are the most discernibly notable changes in the last decade. The ability of vehicles to communicate and interact with one another and its environment is being realized and transformed into a connected world. Most vehicles can be connected similarly, provided they have either built-in connectivity technology or are equipped with it, enabling the vehicle to send or receive data to or from networks, other vehicles, and the surrounding environment. The introduction of the Internet of Things (IoT) technology in the automotive industry has had a considerable impact on the world economy and global value chain function. IoT's transformative power is being realized in the enormous amount of data generated by these devices, and this data can be harvested to drive efficiencies and enhance value. IoT is a crucial development driving the rapid proliferation of the connected car. As computer systems are evolving, the automotive and manufacturing sectors will be further transformed by the disruptive impact of IoT. Cloud-based applications are the foundations for holistically connecting vehicles with their surroundings. From infrastructure data and map data to data from other vehicles or third-party service providers, the cloud act as the key location for accumulating and processing data. In the cloud, the data is designated, encapsulated, administered, prioritized, and disseminated as information for vehicle systems at accurate receivers. A connected vehicle can enable the flow of data to and from the car. It can communicate with the cloud to offer numerous connected services such as navigation, infotainment, and telematics, among others, and are capable of exchanging information in real time with its surroundings.

The global automotive cloud market research study offers a broad perspective on the analysis of the industry. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models. The automotive industry has always been a hub for exceptional progress owing to the continuous development and equipment of advanced technologies in the vehicles. At present, vehicles are being developed with technologies to connect with various devices, infrastructures, cloud storage, and other vehicles to better drive the experience. These connected vehicles provide numerous new features for vehicle users and create an opportunity for automotive companies and other stakeholders to create new businesses for themselves.

Connected vehicles are defined as vehicles with onboard sensors and advanced software capable of communicating with drivers, other vehicles, road infrastructure, and the cloud. The vehicles hold the potential to improve traffic safety and reduce vehicular congestions substantially. The connected vehicle ecosystem has been proliferating. Developments in mobile technologies are enabling drivers and passengers to leverage enhanced infotainment systems, navigation systems, safety, and telematics services, among others. As the demand rises globally, the connected vehicle market claims to be one of the fastest-growing segments of the Internet of Things.

In-vehicle infotainment (IVI) is a combination of vehicular systems that provide information and entertainment to the vehicle occupants via audio and video interfaces, touch screen displays, voice commands, and button panels, among others.

The private cloud is a computing service that can be extended over a private internal network or the internet and can be used only by select users. A private cloud is also called a corporate cloud or internal cloud. It provides private cloud computing, enabling numerous advantages such as scalability, self-service, elasticity, additional customization, and control options from dedicated resources over an on-premises computing infrastructure host. Furthermore, private clouds provide higher privacy and security levels by restricting any data breaches by third-party providers via the company’s firewalls and internal hosting firewalls. The countries included in the North America region are the U.S., Canada, and Mexico. The countries included in the Europe region are Germany, France, Spain, and Rest-of-Europe. The countries included in the Asia-Pacific and Japan region are Japan, South Korea, India, and Rest-of-APJ. Some other regions in the chapter include the U.K., China, the Middle East and Africa, and South America.

Key Questions Answered by This Report:

 What are the underlying structures resulting in the emerging trends within the automotive cloud market?

 How are cloud service manufacturers, automotive original equipment manufacturers (OEMs), regulatory bodies, and tier-1 manufacturers, among others, entering the market?

 What is the role of governments regarding the changing landscape of the automotive cloud industry?

 Which application of the automotive cloud market is expected to lead the market by 2025?

 What was the market value of the leading regional markets, their segments, and sub-segments in 2019, and how is the market estimated to grow during the forecast period 2020-2025?

 How is the industry expected to evolve during the forecast period 2020-2025?

 What are the key developmental strategies that are implemented by the key players to sustain the competitive market?

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