Market Research Report

Global Automotive Cloud Market Research Report: Forecast (2021-2026)

By Application (Infotainment, V2X, Telematics), By Vehicle (Passenger Vehicles, Commercial Vehicles) By Deployment (Public, Private),By Region (North America, South America, Europe..., Asia-Pacific, Middle East & Africa), By Country (U.S, Canada, Mexico, Brazil, Germany, France, The U.K, Italy, India, China, South Korea, Japan, GCC, South Africa), By Competitors (Harman International, Robert Bosch GmbH, Verizon Communications, Inc., Continental AG, Denso Corporation, Sierra Wireless, Tomtom International, Ericsson AB, Airbiquity, Blackberry Limited, Visteon Corporation, Telenav, Microsoft, Amazon Web Services, Inc., LG Electronics, etc.) Read more

  • Automotive
  • Apr 2021
  • Pages 193
  • Report Format: PDF, Excel, PPT

Market Overview

Automotive Cloud provides the infrastructure to the vehicle for monitoring, transferring data, connecting, and service networks. 

According to the MarkNtel Advisors' research report, "Global Automotive Cloud Market Analysis, 2021," the market likely to grow at a CAGR of around 18% during 2021-26 due to fast-evolving consumer behavior and snowballing advances in connected, autonomous, shared, and electric (CASE) technology. The mushrooming need for 5G and IoT for vehicle connectivity, burgeoning cloud-based infotainment systems deployment in premium vehicles, and increasing integration of blockchain in the cloud are driving the automotive cloud market growth in the forecast period.

Besides, growing awareness of cloud benefits in the auto industry, including cost-efficiency, high scalability & reliability, and surging inclination of customers toward connected cars, are increasing the demand for automotive cloud. Moreover, augmenting e-mobility and emerging digitalization in the connected vehicle is imposing a significant influence on the market growth.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 18%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Others
Asia-Pacific: China, India, Japan, South Korea, Others
South America: Brazil, Others
Europe: GCC, South Africa, Others
Key Companies Profiled Harman International, Robert Bosch GmbH, Verizon Communications, Inc., Continental AG, Denso Corporation, Sierra Wireless, Tomtom International, Ericsson AB, Airbiquity, Blackberry Limited, Visteon Corporation, Telenav, Microsoft, Amazon Web Services, Inc., LG Electronics, etc.
Unit Denominations USD Million/Billion

 

Market Segmentation

Infotainment Witnessing Robust Growth

Based on the Application, the Infotainment segment is likely to witness robust growth in the Global Automotive Cloud market in the forecast period. Infotainment means information and entertainment. The system enhances passenger experience by providing applications for navigation & music, informational purpose, and weather & road conditions for a safe & pleasant driving experience. The rising deployment of technologies like Bluetooth connectivity, USB, and growing advancement in multimedia-enabled infotainment systems, such as touchscreen, Heads-up display, smartphone pairing, etc., is fueling the segment growth. 

Besides, the launch of innovative infotainment systems, which connect with automotive technologies, such as smartphones, sensors, and telematics devices, enhance safety and ensure a productive driving experience. Moreover, the rising demand for luxury vehicles and the increasing focus of automakers on energy vehicles are likely to boost the Global Automotive Cloud market in the forecast period, reveals MarkNtel Advisors in their research report, "Global Automotive Cloud Market Analysis, 2021."

Passenger Vehicles Accounted for the Largest Market Share 

Based on Vehicle Type, Passenger Vehicle accounted for the largest market share in the Global Automotive Cloud market in 2019 owing to robust growing passenger vehicle sales. The burgeoning deployment of advanced technologies to improve customer experience and reduce road accidents and the surging collaboration between companies and automotive OEMs for developing automated driving functions for passenger cars are factors driving the demand for the automotive cloud in the passenger segment.

Moreover, mounting demand for connected vehicles & autonomous driving and increased shared mobility due to the burgeoning emergence of ride-sharing companies in countries like China, India, Australia, and South Korea are factors strongly contributing to the market growth in coming years.


Global Automotive Cloud Market Research Report: Forecast (2021-2026)

Regional Landscape

North America Dominated the Market

North America dominated the Global Automotive Cloud market in 2019 owing to mushrooming demand for advanced telematics, in-car connectivity, and infotainment systems. The surging penetration of hybrid electric vehicles has propelled the adoption of automotive cloud-based services. Moreover, mounting demand for premium & luxury vehicles, mounting sales of commercial vehicles due to robust growth in the logistics & transportation sector, and increasing development of 5G technologies are the factors likely to drive the demand for the automotive cloud in the coming years.

The US acquired the majority market share in the region due to the sturdy foothold of giant market leaders and automotive OEMs and the increasing integration of ADAS and automated driving in vehicles to enhance passenger safety, reduce congestion and make mobility comfortable. Besides, burgeoning electrification of the transportation industry, the launch of new electric car models by OEMs, and augmenting partnership among market players to develop telematics solutions for autonomous vehicles are the factors promising lucrative Automotive Cloud market growth.

Market Driver

Emerging Digitalization in Connected Vehicle

The growing smartphone user, increasing advancement in in-car connectivity, ADAS services like human-machine-interfaces (HMI), and escalating demand for IoT & 5G for vehicle connectivity are factors driving the growth of the automotive cloud market. 

Mushrooming deployment of cloud services for cost control, communication, and networking technologies in the automobile industry drives the market growth. The burgeoning government investment in smart roads to communicate via V2X platform (vehicles to everything) and increasing adoption of AR/VR in connected cars are likely to fuel the market growth.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the global Automotive Cloud market are Tomtom International, Ericsson AB, Airbiquity, Harman International, Microsoft, Amazon Web Services, Inc., LG Electronics, Robert Bosch GmbH, Verizon Communications, Inc., Continental AG, Denso Corporation, Sierra Wireless, Blackberry Limited, Visteon Corporation, Telenav, etc.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Automotive Cloud Market?
  2. What is the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Automotive Cloud Market? 
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in Global Automotive Cloud Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global Automotive Cloud Market study?

Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on Global Automotive Cloud Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Application
      • Infotainment
      • V2X
      • Telematics
    • By Vehicle
      • Passenger Vehicle
      • Commercial Vehicle
    • By Deployment
      • Public Cloud
      • Private Cloud
    • By Region
      • North America Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • The US Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • Canada Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • Mexico Automotive Cloud Market Outlook, 2016-2026F (USD Million)
      • South America Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • Brazil Automotive Cloud Market Outlook, 2016-2026F (USD Million)
      • Europe Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • The UK Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • Germany Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • France Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • Italy Automotive Cloud Market Outlook, 2016-2026F (USD Million)
      • Asia-Pacific Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • China Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • South Korea Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • Japan Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • India Automotive Cloud Market Outlook, 2016-2026F (USD Million)
      • Middle East & Africa Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • GCC Automotive Cloud Market Outlook, 2016-2026F (USD Million)
        • South Africa Automotive Cloud Market Outlook, 2016-2026F (USD Million)
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Metrix
  • Global Automotive Cloud Market Hotspots & Opportunities
  • Global Automotive Cloud Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

   A. Passenger Vehicle can certainly attain the highest CAGR during the forecast period and maintain its significant market share.

   A. North America continues to grow at a highest CAGR, thereby provides immense opportunities for market leaders of Global Automotive Cloud Market.

   A. Tomtom International, Ericsson AB, Airbiquity, Harman International, Microsoft, Amazon Web Services, Inc., LG Electronics, Robert Bosch GmbH, Verizon Communications, Inc., Continental AG, Denso Corporation, Sierra Wireless, Blackberry Limited, Visteon Corporation, Telenav are few of the leading players in the Global Automotive Cloud Market.

   A. The Global Automotive Cloud Market is forecast to grow at a CAGR of 18% during 2021-26.

   A. The market size/industry size or the market value is in terms of USD Million.

   A. The historical data has been provided since 2016, while the base year is 2020, and the data forecast up-to 2026.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Automotive Cloud Market
  5. Global Automotive Cloud Market Trends & Insights
  6. Global Automotive Cloud Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Automotive Cloud Market Hotspots & Opportunities
  8. Global Automotive Cloud Market Regulations & Policy
    1. Current Laws and Regulatory Bodies Related to Autonomous Vehicles (by Country)
    2. Government Initiatives for Cybersecurity in Automotive Industry
  9.  Global Automotive Cloud Market Outlook, 2016- 2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
        1. Infotainment
        2. V2X
        3. Telematics
      2. By Vehicle
        1. Passenger Vehicles
        2. Commercial Vehicles
      3. By Deployment
        1. Public Cloud
        2. Private Cloud
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Metrix
  10. North America Automotive Cloud Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle
      3. By Deployment
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
    4. Canada Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
    5. Mexico Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
  11. South America Automotive Cloud Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle
      3. By Deployment
      4. By Country
        1. Brazil
        2. Others
    3. Brazil Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
  12. Europe Automotive Cloud Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle
      3. By Deployment
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Others
    3. Germany Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
    4. The UK Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
    5. France Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
    6. Italy Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
  13. Middle East & Africa Automotive Cloud Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle
      3. By Deployment
      4. By Country
        1. GCC
        2. South Africa
        3. Others
    3. GCC Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
    4. South Africa Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
  14. Asia Pacific Automotive Cloud Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Application
      2. By Vehicle
      3. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Others
    3. China Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
    4. India Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
    5. Japan Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3.  By Deployment
    6. South Korea Automotive Cloud Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Application
        2. By Vehicle
        3. By Deployment
  15. Key Strategic Imperatives for Success and Growth
  16. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Harman International
      2. Robert Bosch GmbH
      3. Verizon Communications, Inc.
      4. Continental AG
      5. Denso Corporation
      6. Sierra Wireless
      7. Tomtom International
      8. Ericsson AB
      9. Airbiquity
      10. Blackberry Limited
      11. Visteon Corporation
      12. Telenav
      13. Microsoft
      14. Amazon Web Services, Inc.
      15. LG Electronics
  17. Disclaimer


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