Global Automotive Data Monetization Market Forecast 2023-2030

The global automotive data monetization market is forecasted to register a CAGR of 34.48% during the forecast period, 2023 to 2030. Data monetization is currently in its initial stages of adoption. It has emerged as a crucial component of the strategy for numerous high-performing and rapidly growing companies.

MARKET INSIGHTS

Data monetization involves the identification, evaluation, and utilization of data or data-driven products to generate economic value. It is broadly categorized into two main types: internal data monetization and external data monetization. Internal data monetization focuses on data-driven improvements within the organization that owns the data. These improvements typically center around optimizing operations, enhancing overall efficiency, and increasing productivity through the utilization of available data resources.

The automotive industry is undergoing transformative changes due to innovative trends in automotive connectivity and technology. Market dynamics are shifting with advancements in the V2X ecosystem, ADAS, and Artificial Intelligence (AI). There is a concerted effort within the automotive industry to commercialize connected vehicles, responding to the growing demand for enhanced connectivity and data-sharing capabilities within vehicles.

REGIONAL INSIGHTS

The global automotive data monetization market growth analysis covers the in-depth study of Europe, North America, Asia-Pacific, and Rest of World. Asia-Pacific is anticipated to grow with the highest CAGR over the forecast period. The presence of major automotive-oriented countries such as China and India is expected to support market growth in the region. The Asia-Pacific region is witnessing a surge in connected car solutions, ride-hailing services, fleet operations, and more, all of which are anticipated to generate substantial data that companies can leverage and monetize.

COMPETITIVE INSIGHTS

The intensity of competitive rivalry in the global automotive data monetization market is moderate. Furthermore, some of the key players operating in the global market include Continental AG, Harman International, Tesla Inc, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 73023

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
- 2.5.1. PREVALENCE OF VEHICLE TELEMATICS TO AID MARKET GROWTH
- 2.5.2. GROWING FOCUS OF AUTOMOTIVE OEMS TO MONETIZE DATA

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. RISING VEHICLE CONNECTIVITY
- 3.1.2. NEW MARKET AVENUES FOR AUTOMOTIVE OEMS
3.2. KEY RESTRAINTS
- 3.2.1. CYBERSECURITY RELATED CONCERNS
- 3.2.2. LEGAL ISSUES RELATED TO THE MONETIZATION OF PRIVATE DATA

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
- 4.1.1. EMERGENCE OF INTERNET OF THINGS (IOT)
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. DATA AGGREGATORS
- 4.6.2. AUTOMOTIVE OEMS
- 4.6.3. CUSTOMERS

5. MARKET BY MODEL

5.1. DIRECT
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
5.2. INDIRECT
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS

6. MARKET BY DEPLOYMENT

6.1. CLOUD
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
6.2. ON-PREMISES
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS

7. MARKET BY APPLICATION

7.1. INSURANCE
- 7.1.1. MARKET FORECAST FIGURE
- 7.1.2. SEGMENT ANALYSIS
7.2. MOBILITY AS A SERVICE (MAAS)
- 7.2.1. MARKET FORECAST FIGURE
- 7.2.2. SEGMENT ANALYSIS
7.3. PREDICTIVE MAINTENANCE
- 7.3.1. MARKET FORECAST FIGURE
- 7.3.2. SEGMENT ANALYSIS
7.4. GOVERNMENT
- 7.4.1. MARKET FORECAST FIGURE
- 7.4.2. SEGMENT ANALYSIS

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA AUTOMOTIVE DATA MONETIZATION MARKET DRIVERS
- 8.1.3. NORTH AMERICA AUTOMOTIVE DATA MONETIZATION MARKET CHALLENGES
- 8.1.4. NORTH AMERICA AUTOMOTIVE DATA MONETIZATION MARKET REGULATORY FRAMEWORK
- 8.1.5. KEY PLAYERS IN NORTH AMERICA AUTOMOTIVE DATA MONETIZATION MARKET
- 8.1.6. COUNTRY ANALYSIS
  - 8.1.6.1. UNITED STATES
  - 8.1.6.1.1. UNITED STATES AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.1.6.2. CANADA
  - 8.1.6.2.1. CANADA AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
8.2. EUROPE
- 8.2.1. MARKET SIZE & ESTIMATES
- 8.2.2. EUROPE AUTOMOTIVE DATA MONETIZATION MARKET DRIVERS
- 8.2.3. EUROPE AUTOMOTIVE DATA MONETIZATION MARKET CHALLENGES
- 8.2.4. EUROPE AUTOMOTIVE DATA MONETIZATION MARKET REGULATORY FRAMEWORK
- 8.2.5. KEY PLAYERS IN EUROPE AUTOMOTIVE DATA MONETIZATION MARKET
- 8.2.6. COUNTRY ANALYSIS
  - 8.2.6.1. UNITED KINGDOM
  - 8.2.6.1.1. UNITED KINGDOM AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.2. GERMANY
  - 8.2.6.2.1. GERMANY AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.3. FRANCE
  - 8.2.6.3.1. FRANCE AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.4. ITALY
  - 8.2.6.4.1. ITALY AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.5. SPAIN
  - 8.2.6.5.1. SPAIN AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.6. BELGIUM
  - 8.2.6.6.1. BELGIUM AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.7. POLAND
  - 8.2.6.7.1. POLAND AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.2.6.8. REST OF EUROPE
  - 8.2.6.8.1. REST OF EUROPE AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
8.3. ASIA-PACIFIC
- 8.3.1. MARKET SIZE & ESTIMATES
- 8.3.2. ASIA-PACIFIC AUTOMOTIVE DATA MONETIZATION MARKET DRIVERS
- 8.3.3. ASIA-PACIFIC AUTOMOTIVE DATA MONETIZATION MARKET CHALLENGES
- 8.3.4. ASIA-PACIFIC AUTOMOTIVE DATA MONETIZATION MARKET REGULATORY FRAMEWORK
- 8.3.5. KEY PLAYERS IN ASIA-PACIFIC AUTOMOTIVE DATA MONETIZATION MARKET
- 8.3.6. COUNTRY ANALYSIS
  - 8.3.6.1. CHINA
  - 8.3.6.1.1. CHINA AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.3.6.2. JAPAN
  - 8.3.6.2.1. JAPAN AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.3.6.3. INDIA
  - 8.3.6.3.1. INDIA AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.3.6.4. SOUTH KOREA
  - 8.3.6.4.1. SOUTH KOREA AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.3.6.5. SINGAPORE
  - 8.3.6.5.1. SINGAPORE AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.3.6.6. AUSTRALIA & NEW ZEALAND
  - 8.3.6.6.1. AUSTRALIA & NEW ZEALAND AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.3.6.7. REST OF ASIA-PACIFIC
  - 8.3.6.7.1. REST OF ASIA-PACIFIC AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
8.4. REST OF WORLD
- 8.4.1. MARKET SIZE & ESTIMATES
- 8.4.2. REST OF WORLD AUTOMOTIVE DATA MONETIZATION MARKET DRIVERS
- 8.4.3. REST OF WORLD AUTOMOTIVE DATA MONETIZATION MARKET CHALLENGES
- 8.4.4. KEY PLAYERS IN REST OF WORLD AUTOMOTIVE DATA MONETIZATION MARKET
- 8.4.5. REGIONAL ANALYSIS
  - 8.4.5.1. LATIN AMERICA
  - 8.4.5.1.1. LATIN AMERICA AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES
  - 8.4.5.2. MIDDLE EAST & AFRICA
  - 8.4.5.2.1. MIDDLE EAST & AFRICA AUTOMOTIVE DATA MONETIZATION MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. AMAZON WEB SERVICES INC
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCTS LIST
  - 9.2.1.3. STRENGTHS & CHALLENGES
- 9.2.2. CARUSO GMBH
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCTS LIST
- 9.2.3. CONTINENTAL AG
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCTS LIST
  - 9.2.3.3. STRENGTHS & CHALLENGES
- 9.2.4. HARMAN INTERNATIONAL
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCTS LIST
  - 9.2.4.3. STRENGTHS & CHALLENGES
- 9.2.5. INTERNATIONAL BUSINESS MACHINES CORPORATION
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCTS LIST
  - 9.2.5.3. STRENGTHS & CHALLENGES
- 9.2.6. MICROSOFT CORPORATION
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCTS LIST
  - 9.2.6.3. STRENGTHS & CHALLENGES
- 9.2.7. ORACLE CORPORATION
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCTS LIST
  - 9.2.7.3. STRENGTHS & CHALLENGES
- 9.2.8. OTONOMO TECHNOLOGIES LTD.
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCTS LIST
  - 9.2.8.3. STRENGTHS & CHALLENGES
- 9.2.9. TESLA INC
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCTS LIST
  - 9.2.9.3. STRENGTHS & CHALLENGES
- 9.2.10. TECH MAHINDRA LIMITED
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCTS LIST
- 9.2.11. VINLI INC
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCTS LIST
- 9.2.12. WEJO LIMITED
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCTS LIST
- 9.2.13. XEVO (LEAR CORPORATION)
  - 9.2.13.1. COMPANY OVERVIEW
  - 9.2.13.2. PRODUCTS LIST