Cloud Based Solutions Market for Automotive by Application (Fleet Management, Infotainment, OTA Updates, Telematics, ADAS), Deployment (Private, Public), Service Model (Professional, Managed) Vehicle, EV, and Region - Global Forecast to 2022
The Automotive Cloud Based Solutions Market is estimated to be USD 22.55 Billion in 2016 and is projected to grow at a CAGR of 19.88% during the forecast period. In this study, 2016 has been considered the base year, and 2017 to 2022 the forecast period, for estimating the market size of this market. The report analyzes and forecasts the market size, in terms of value (USD million), for passenger cars and commercial vehicles. It also forecasts the market size, in terms of value (USD million), for electric vehicles. The report segments the market by deployment type, service model, vehicle type, electric vehicle type, and region. The report also provides a detailed analysis of various forces acting in the market including drivers, restraints, opportunities, and challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.
The research methodology used in the report involves various secondary sources such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), Korea Automobile Manufacturers Association (KAMA), and Cloud Computing Association (CCA). Experts from related industries and service providers have been interviewed to understand the future trends of this market. The top-down approach has been used to estimate and validate the size of the global automotive cloud based solutions market. The market size, by value, is derived by identifying the applications of cloud based services in connected cars and analyzing the demand trends. The average revenue generated from data per connected automobile is multiplied by the number of connected automobiles of that region.
The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.
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The ecosystem of the automotive cloud based solution market consists of providers such as Apple (US), BlackBerry (Canada), Verizon Wireless (US), Continental AG (Germany), Ericsson (Sweden), and Bosch (Germany) and research institutes such as the Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).
Target Audience
- Automotive OEMs
- Cloud Infrastructure Developers
- Cloud Service Providers
- Cybersecurity Service Providers for Automotive
- Infotainment OEMs
- ADAS & Telematics Suppliers
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Cloud Based Solutions Market, By Application Type
- Fleet Management
- Infotainment
- Over the Air (OTA) Updates
- Telematics
- ADAS
- Other Services (Shared Mobility, In-Car data etc.)
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Cloud Based Solutions Market, By Electric Vehicle Type
- BEV
- HEV
- PHEV
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Cloud Based Solutions Market, By Vehicle Type
- Passenger Cars (PC)
- Commercial Vehicles (CV)
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Cloud Based Solutions Market, By Service Model
- Professional
- Managed
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Cloud Based Solutions Market, By Deployment
- Private Cloud
- Public Cloud
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Cloud Based Solutions Market, By Region
- Asia Pacific
- Europe
- North America
- Rest of the World
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
- Detailed analysis and profiling of market players (up to 3)
- Detailed analysis of additional countries
- Detailed analysis of additional application of automotive cloud based services market applications
The cloud based solutions market for automotive is estimated to be USD 27.03 Billion in 2017 and is projected to grow to USD 66.95 Billion by 2022, at a CAGR of 19.88% during the forecast period.
The technology for automotive systems such as advanced driver assistance systems (ADAS), Telematics, and in-car wireless data connectivity has been evolving year after year. The new trend in the automotive industry is to manufacture connected vehicles that feature advanced technologies and connect the cars and vehicles with their surroundings.
By application, the fleet management system is estimated to hold the largest share of the market. With the modernization of fleet business and increase in businesses such as car-rental services and logistics & supply chain, the use of fleet management application has increased considerably. Asia Pacific countries such as India and China have witnessed tremendous growth in e-commerce, which is again a business that depends on fleet management.
By service model segmentation, the cloud based services market for managed services is estimated to experience the highest growth during the forecast period. With the establishment of better cloud infrastructure and integration of cloud based services in cars and vehicles, the demand for managed services is expected to grow significantly. Professional services would not be sufficient for handling the huge data generated. Managed services will therefore be a suitable option for various service providers.
By electric vehicle type, HEV is estimated to hold the largest share of the cloud based solutions for automotive market during the forecast period. The market growth can be attributed to the increase in penetration of hybrid electric vehicles and subsequent rise in cloud based services in these vehicles for better connectivity and semi-autonomous applications.
Asia Pacific is estimated to be the fastest growing market for automotive cloud based services during the forecast period, followed by North America and Europe. The European cloud based solutions market for automotive is growing at a steady pace as most of the vehicles are equipped with high-end entertainment and safety features. With increasing popularity of automotive cloud based services, the North American market is estimated to witness a balanced growth during the forecast period. The existing vehicles in North America are already equipped with advanced safety features and infotainment system, which drive the growth of the market.
Restraints of the cloud based solutions market for automotive:
Despite the high demand for cloud based services, the cloud based solutions for automotive would also experience certain obstacles. The restraints for the market include the development of cloud infrastructure and network coverage limitations.
The global cloud based solutions market for automotive is dominated by key players such as Apple (US), BlackBerry (Canada), Verizon Wireless (US), Continental AG (Germany), Ericsson (Sweden), and Bosch (Germany), along with other tier I and tier II service providers.
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Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered in the Report
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Factor Analysis
2.4.1 Introduction
2.4.2 Demand-Side Analysis
2.4.2.1 Wide Application Spectrum of Cloud Based Solutions in Luxury and Mid-Range Vehicles for Making Them Connected
2.4.3 Supply-Side Analysis
2.4.3.1 Implementation of Legal Safety Mandates in Automotive Industry is Driving the Global Cloud Based Solutions Market
2.5 Market Size Estimation
2.5.1 Top-Down Approach
2.6 Market Breakdown and Data Triangulation
2.7 Assumptions
3 Executive Summary (Page No. - 27)
4 Premium Insights (Page No. - 33)
4.1 Opportunities in Automotive Cloud Based Solutions Market
4.2 Market, By Application
4.3 Market, By Cloud Deployment
4.4 Market, By Service Model
4.5 Market, By Vehicle Type
4.6 Market, By Electric Vehicle
5 Market Overview (Page No. - 39)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Integration of Vehicle Features With Smartphone
5.2.1.2 Introduction of Fast Communication Services Such as 5G & 4G in Automobiles
5.2.1.3 Leveraging on Big Data for Real-Time Insights
5.2.1.4 Advancements in Smart Technologies
5.2.2 Restraints
5.2.2.1 Network Coverage Limitations
5.2.3 Opportunities
5.2.3.1 Rise in Adoption of Cloud
5.2.3.2 Unprecedented Advancements Toward Making Autonomous Vehicles A Reality
5.2.3.3 Opportunity to Develop New Business Models
5.2.4 Challenges
5.2.4.1 Data Security Issues
5.3 Macro Indicators Influencing the Cloud Based Solutions Market for Automotive Industry for Top 3 Leading Nations
5.3.1 U.S. GDP Will Be the Primary Macro Indicator Which Will Impact the Overall Market
5.3.2 Germany GDP Will Be the Primary Macro Indicator Which Will Impact the Overall Market
5.3.3 Japan GDP Ppp Will Be the Primary Macro Indicator Which Will Impact the Overall Market
6 Cloud Based Solutions Market, By Application (Page No. - 49)
6.1 Introduction
6.2 Fleet Management Application
6.3 Infotainment System
6.4 Over the Air (OTA) Updates
6.5 Telematics
6.6 ADAS
6.7 Other Services (Shared Mobility, In-Car Data Service, Etc.)
7 Cloud Based Solutions Market, By Service Model (Page No. - 60)
7.1 Introduction
7.2 Professional Services
7.3 Managed Services
8 Cloud Based Solutions Market, By Deployment Type (Page No. - 64)
8.1 Introduction
8.2 Private Cloud
8.3 Public Cloud
9 Cloud Based Solutions Market, By Electric Vehicle Type (Page No. - 68)
9.1 Introduction
9.2 Cloud Based Solutions, By Electric Vehicle Type
9.3 Battery Electric Vehicle (BEV)
9.4 Hybrid Electric Vehicle (HEV)
9.5 Plug-In Hybrid Electric Vehicle (PHEV)
10 Cloud Based Solutions Market, By Vehicle Type (Page No. - 73)
10.1 Introduction
10.2 By Vehicle Type
10.3 By Passenger Car
10.4 By Commercial Vehicle
11 Cloud Based Solutions Market, By Region (Page No. - 77)
11.1 Introduction
11.2 North America
11.2.1 Us
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 Uk
11.3.4 Italy
11.3.5 Spain
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.5 RoW
11.5.1 Brazil
11.5.2 Russia
12 Competitive Landscape (Page No. - 98)
12.1 Automotive Cloud Based Solutions: Market Ranking Analysis
13 Company Profiles (Page No. - 99)
(Overview, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments)*
13.1 Blackberry Limited
13.2 Harman International
13.3 Verizon Wireless
13.4 Continental AG
13.5 Robert Bosch GmbH
13.6 Denso Corporation
13.7 Trimble Inc.
13.8 Sierra Wireless
13.9 Delphi Automotive PLC
13.10 Tomtom International Bv
13.11 Ericsson AB
13.12 Airbiquity Inc.
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 136)
14.1 Key Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.5.1 Detailed Analysis and Profiling of Market Players (Up to 3)
14.5.2 Detailed Analysis of Additional Countries
14.5.3 Detailed Analysis of Additional Application of Cloud Based Solutions Market for Automotive Applications
14.6 Related Reports
14.7 Author Details
List of Tables (47 Tables)
Table 1 Currency Exchange Rates (W.R.T USD)
Table 2 Global Cloud Based Solutions Market Size for Automotive, By Application, 2015–2022 (USD Million)
Table 3 Fleet Management Sub-Segments: Global Market, 2015–2022 (USD Million)
Table 4 Fleet Management: Global Market, By Region, 2015–2022 (USD Million)
Table 5 Infotainment Systems Sub-Segments: Global Market, 2015–2022 (USD Million)
Table 6 Infotainment: Global Market, By Region, 2015–2022 (USD Million)
Table 7 Over the Air (OTA) Updates Sub-Segments: Global Market, 2015–2022 (USD Million)
Table 8 OTA Updates: Global Market, By Region, 2015–2022 (USD Million)
Table 9 Telematics Sub-Segments: Global Market, 2015–2022 (USD Million)
Table 10 Telematics: Global Market, By Region, 2015–2022 (USD Million)
Table 11 ADAS: Global Market, 2015–2022 (USD Million)
Table 12 ADAS: Market, By Region, 2015–2022 (USD Million)
Table 13 Other Services (Shared Mobility, In-Car Data Service, Etc.): Global Market, 2015–2022 (USD Million)
Table 14 Other Services: Market, By Region, 2015–2022 (USD Million)
Table 15 Cloud Based Solutions Market Size, By Service Model, 2015–2022 (USD Million)
Table 16 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 17 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Cloud Based Solutions Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 19 Private Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Public Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Global Cloud Based Solutions Market Size for Automotive, By Electric Vehicle Type, 2015–2022 (USD Million)
Table 22 BEV: Market Size, By Region, 2015–2022 (USD Million)
Table 23 HEV: Market Size, By Region, 2015–2022 (USD Million)
Table 24 PHEV: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Global Automotive Cloud Based Solutions Market Size, By Vehicle Type, 2015–2022 (USD Million)
Table 26 Passenger Car: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Commercial Vehicle: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Cloud Based Solutions Market Size for Automotive, By Region, 2015–2022 (USD Million)
Table 29 North America: Market Size, By Country, 2015–2022 (USD Million)
Table 30 US: Market Size, By Application, 2015–2022 (USD Million)
Table 31 Canada: Market, By Application, 2015–2022 (USD Million)
Table 32 Mexico: Market, By Application, 2015–2022 (USD Million)
Table 33 Europe: Market Size, By Country, 2015–2022 (USD Million)
Table 34 Germany: Market Size, By Application, 2015–2022 (USD Million)
Table 35 France: Market Size, By Application, 2015–2022 (USD Million)
Table 36 UK: Market Size, By Application, 2015–2022 (USD Million)
Table 37 Italy: Market Size, By Application, 2015–2022 (USD Million)
Table 38 Spain: Market, By Application, 2015–2022 (USD Million)
Table 39 Asia Pacific: Market Size, By Country, 2015–2022 (USD Million)
Table 40 China: Market Size, By Application, 2015–2022 (USD Million)
Table 41 Japan: Market Size, By Application, 2015–2022 (USD Million)
Table 42 India: Market Size, By Application, 2015–2022 (USD Million)
Table 43 South Korea: Market Size, By Application, 2015–2022 (USD Million)
Table 44 RoW: Market Size, By Country, 2015–2022 (USD Million)
Table 45 Brazil: Market Size, By Application, 2015–2022 (USD Million)
Table 46 Russia: Market Size, By Application, 2015–2022 (USD Million)
Table 47 Global Cloud Based Solutions Market Ranking: 2016
List of Figures (45 Figures)
Figure 1 Market Segments of Cloud Based Solutions for Automotive
Figure 2 Global Cloud Based Solutions Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Estimated Global Shipment of Connected Cars
Figure 6 Estimated Worldwide Spending on Cloud Computing
Figure 7 Cloud Based Solutions for Automotive: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Market Attractiveness Bubble Chart of Cloud Based Solutions for Automotive
Figure 10 Global Cloud Based Solutions Market Size for Automotive, By Application Type (USD Million)
Figure 11 Cloud Based Solutions Market, By Region (USD Million)
Figure 12 Cloud Based Solutions Market, By Service Model (USD Million)
Figure 13 Cloud Based Solutions Market, By Deployment Model (USD Million)
Figure 14 Cloud Based Solutions Market Estimated to Grow at A CAGR of 19.88% During the Forecast Period
Figure 15 Fleet Management Accounts for the Largest Share of this Market
Figure 16 Private Cloud is Expected to Witness Significant Demand in this Market (USD Million)
Figure 17 Professional Service Model is Expected to Dominate this Market
Figure 18 Passenger Car Segment is Estimated to Grow at the Highest CAGR of 21.16% During the Forecast Period
Figure 19 HEV is Expected to Dominate the Market in 2017 (USD Million)
Figure 20 Cloud Based Solutions for Automotive: Market Dynamics
Figure 21 Global Sales of Cars With Smartphone Integration Systems
Figure 22 Big Data Generated on Wheels
Figure 23 Autonomous Vehicle Volume Forecast
Figure 24 Cyber Attack Surfaces in Automotive
Figure 25 Cloud Based Solutions Market for Automotive, By Application, 2017 vs 2022 (USD Million)
Figure 26 Professional Services Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 27 Public Cloud Deployment Type is Estimated to Grow at the Highest CAGR During the Forecast Period
Figure 28 Hybrid Electric Vehicle (HEV) to Hold the Largest Market Share, 2017 vs 2022 (USD Million)
Figure 29 Passenger Car to Hold the Largest Market Share, By Value, 2017 vs 2022
Figure 30 Asia Pacific to Be the Fastest-Growing Market for Cloud Based Solutions for Automotive During the Forecast Period (2017–2022)
Figure 31 North America: Cloud Based Solutions Market Snapshot
Figure 32 Europe Cloud Based Solutions Market Snapshot
Figure 33 Asia Pacific Cloud Based Solutions Market Snapshot
Figure 34 Rest of the World: Cloud Based Solutions Market, 2017–2022 (USD Million)
Figure 35 Blackberry: Company Snapshot
Figure 36 Harman International: Company Snapshot
Figure 37 Verizon: Company Snapshot
Figure 38 Continental: Company Snapshot
Figure 39 Robert Bosch: Company Snapshot
Figure 40 Denso: Company Snapshot
Figure 41 Trimble: Company Snapshot
Figure 42 Sierra Wireless: Company Snapshot
Figure 43 Delphi: Company Snapshot
Figure 44 Tomtom: Company Snapshot
Figure 45 Ericsson: Company Snapshot
Growth opportunities and latent adjacency in Cloud Based Solutions Market