Analytics – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.
According to the publisher, the Global Vehicle Analytics market is
expected to grow from $1265.95 million in 2017 to reach $8465.65 million
by 2027 with a CAGR of 23.5%.
Factors such as advancements in technologies, such as artificial
intelligence, machine learning and rising use of real-time data
collected from sensors and global positioning system (GPS) tracking
devices are fueling the market growth. However, network coverage
limitations and high initial setup costs are hampering the market.
The on-demand deployment model makes utilize of the cloud to transport
solutions the clients. Scalability and agility of cloud-based
technologies are increasing the adoption of cloud-based vehicle
analytics solutions. In the cloud deployment model, organizations do not
have to deal with the complexities involved in integration,
installation, configuration, optimization, maintenance, and support, as
these are in most cases managed or hosted by a third-party service
North America is expected to generate highest revenue due to
well-established and financially intensive economies and moreover the
chief presence of mostly all the biggest conglomerates of the world such
as IBM, Microsoft, SAP, and SAS Institute.
Some of the key players in the Vehicle Analytics market include
For more information about this report visit https://www.researchandmarkets.com/research/7gqjh9/8_46_billion?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180619006430/en/