Big Data in the Automotive Industry Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2030 Modern vehicles are equipped with smartphone connectivity, sensors, vision systems, onboard computing and real-time voice communication. Big Data leverages this along with its innate capability to store and analyse historical as well as a realtime collection of data to counter complex glitches and hitches faced by the automotive industry. Big data traction in the designing, manufacturing and innovation amidst the automotive industry is attracting significant investments in software, hardware and professional services from prominent automotive OEMs, dealers, suppliers and insurers. The industry experts are expecting this swooping proliferation of Big Data in the automotive sector would promote double-digit growth in terms of market growth percentage during the forecast tenure of 2019 to 2030. However, data security and privacy would remain the number one issue and is expected to attract considerable cybersecurity investment especially with growing connected car adoption during the forecast period. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=164&page=requestsample Unique Automotive Industry Case Studies Pertaining to Big Data Application 1. Audi leveraged big data analytics for consistent brand perception Audi caters to its existing and prospective customers with over 93 websites that run on 40 different languages across the globe. They aimed at providing their website visitors with a personalised relevant brand experience that engaged them with Audi configurator, vehicle guides, dealer connects and current news. Adobe Marketing cloud solution helped with the content management solution that would provide flexibility to local web teams. The data for brand product content, marketing images and customized yet maintained control over brand worldwide was possible due to centralized digital asset management powered by big data analytics. 2. Jaguar Land Rover reduced time to deliver unique vehicle features by speeding software validation Jaguar could effectively maintain a superior range of features options and unique demands of its customer by managing requirements and vehicle modelling systems supported by IBM software that rely on Big Data. In order to increase cost-efficacy and reduce time to market IBM could ensure full software validation in reduced time for all possible permutations using Big Data analytics to save staff efforts and hours. Insights on Big Data in Automotive, By Region + North America + Latin America + Europe + Asia Pacific + Rest of the World North America leads in terms of technology adoption, existing automotive industry penetration and rising vehicle insurance claims due to the number of accident cases. Fleet management using Bigdata would promote defensive vehicle maintenance by predicting problems beforehand. With Big data reconstruction, vehicle insurance industry primarily in North America and the other regions is projected to benefit in terms of connecting precise dots of an insurance claim for accident cases. Purchase a Copy of this Premium Research Report & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=164&page=askfordiscount Competitive Landscape: + Tier 1 players- established companies in the market with a major market share + Tier 2 players + Emerging players which are growing rapidly + New Entrants + Market Ranking Analysis + New Product Developments + Collaborations + Acquisitions + Expansions FutureWise Key Takeaways + Growth prospects + SWOT analysis + Key trends + Key data-points affecting market growth Objectives of the Study: + To provide comprehensive analysis on Big Data in automotive industry in terms of Bid Data Value Chain, Hardware Providers, Storage & Compute Infrastructure Providers, Networking Infrastructure Providers, Professional Services Providers, Endto-End Solution Providers, and Regions + To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) + To evaluate and forecast micro-markets and the overall market + To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East + To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions + Profiling of companies to evaluate their market shares, strategies, financials and core competencies Table of Contents Introduction Overview of Big Data What is Big Data Key Approaches to Big Data Processing Key Characteristics of Big Data Market Growth Drivers Market Barriers Big Data Analytics What are Big Data Analytics The Importance of Analytics Reactive vs. Proactive Analytics Customer vs. Operational Analytics Technology & Implementation Approaches Business Case & Applications in the Automotive Industry Overview & Investment Potential Industry Specific Market Growth Drivers Industry Specific Market Barriers Key Applications Third Party Monetization Other Applications Automotive Industry Case Studies Automotive OEMs Audi: Facilitating Efficient Production Processes with Big Data BMW: Eliminating Defects in New Vehicle Models with Big Data Daimler: Ensuring Quality Assurance with Big Data Dongfeng Motor Corporation: Enriching Network-Connected Autonomous Vehicles with Big Data Future Roadmap & Value Chain Future Roadmap Pre-2020: Investments in Advanced Analytics for Vehicle-Related Services 2020 – 2025: Proliferation of Real-Time Edge Analytics & Automotive Data Monetization 2025 – 2030: Towards Fully Autonomous Driving & Future IoT Applications The Big Data Value Chain Hardware Providers Storage & Compute Infrastructure Providers Networking Infrastructure Providers Professional Services Providers End-to-End Solution Providers Automotive Industry Standardization & Regulatory Initiatives Market Sizing & Forecasts Regions Covered Asia Pacific China India Japan South Korea Rest of Asia Pacific Europe Germany France Italy UK Turkey Rest of Europe North America US Canada Mexico Rest of the World (RoW) Brazil Russia Competitive Landscape Overview Market Ranking Analysis Competitive Scenario New Product Developments Collaborations Acquisitions Expansions Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
Modern vehicles are equipped with smartphone connectivity, sensors, vision systems, onboard computing and real-time voice communication. Big Data leverages this along with its innate capability to store and analyse historical as well as a real-time collection of data to counter complex glitches and hitches faced by the automotive industry.
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