According to the recent study the automotive data management market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by component (software and service), data type (structured and unstructured), vehicle type (autonomous and non-autonomous), deployment type (on-premise and cloud), application (predictive maintenance, warranty analytics, safety security management, driver user behavior analysis, and dealer performance analysis), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive data management market by component (software and service), data type (structured and unstructured), vehicle type (autonomous and non-autonomous), deployment type (on-premise and cloud), application (predictive maintenance, warranty analytics, safety security management, driver user behavior analysis, and dealer performance analysis), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Software market is expected to remain the largest segment during the forecast period.”

Based on component, the automotive data management market is segmented into software and service. Lucintel forecasts that the software market is expected to remain the largest segment due to increasing demand and adoption of automotive software among end-users such as fleet owners, transportation and logistics companies, automotive manufacturers, and demand for customized software solutions for a better driving experience.

“Within the automotive data management market, the driver user behavior analysis segment is expected to remain the largest application”

Based on application the driver user behavior analysis segment is expected to witness the highest growth over the forecast period due to several techniques that are employed, including monitoring the driver’s physical condition such as facial recognition, physical features monitoring, collecting navigation data using onboard telematics, and driving styles assessment.

“North America will dominate the automotive data management market in near future”

North America remains the fastest growing region due to the presence of major market vendors, high disposable incomes, and the high adoption of advanced technologies in the region.

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Major players of automotive data management market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Acerta Analytics Solutions, Inc., Caruso GmbH, AMO Foundation, Amazon Web Services, Inc., IBM Corporation, ETL Solutions Limited, SAP SE, Teradata Corporation, Otonomo Technologies Ltd., and Sibros Technologies, Inc. are among the major automotive data management providers.

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