Global Vehicle Analytics Market to Reach USD 25.0 Billion by 2032

February 2025 | 285 pages | ID: G5F97AF32BC8EN
Bizwit Research & Consulting LLP

Abstracts

The Global Vehicle Analytics Market was valued at approximately USD 3.53 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 24.3% over the forecast period 2024-2032. The rising adoption of connected car technologies and artificial intelligence-driven analytics is significantly fueling the market’s expansion. Automotive manufacturers and fleet operators are increasingly integrating advanced vehicle analytics solutions to enhance safety, improve fuel efficiency, optimize predictive maintenance, and deliver personalized driver experiences.

The growing demand for real-time telematics and AI-powered data-driven insights is revolutionizing the automotive landscape. With the proliferation of IoT sensors and cloud-based platforms, vehicle analytics systems are enabling real-time monitoring of engine performance, driving behavior, fuel consumption, and predictive maintenance. This transformation is particularly beneficial for fleet management, where automation-driven analytics provide operational efficiency and cost savings by reducing downtime and enhancing route optimization. Additionally, regulatory bodies worldwide are enforcing stringent emission and safety compliance standards, further accelerating the adoption of vehicle analytics solutions.

With advancements in machine learning and AI algorithms, vehicle analytics platforms are becoming increasingly capable of predicting potential breakdowns and enhancing cybersecurity measures against potential cyber threats. The automotive industry is also witnessing a paradigm shift towards autonomous driving and electric vehicles (EVs), both of which heavily rely on data analytics to optimize performance and safety. However, data privacy concerns, cybersecurity risks, and the high initial investment associated with analytics integration may hinder widespread adoption among smaller automotive enterprises.

From a regional perspective, North America dominates the vehicle analytics market due to the strong presence of leading automotive manufacturers, growing investments in smart mobility, and increasing adoption of advanced telematics. Meanwhile, Europe is experiencing significant growth, driven by regulatory mandates for vehicle emissions and safety, as well as a growing inclination toward connected vehicle technologies. The Asia Pacific region is poised to witness the fastest growth, fueled by rapid urbanization, expanding automotive production in countries like China and India, and government initiatives promoting smart transportation and electric mobility. Latin America and the Middle East & Africa are also gradually emerging as key markets, owing to increasing fleet digitization and investments in intelligent transportation infrastructure.

Major Market Players Included in This Report:

• IBM Corporation
• Microsoft Corporation
• SAP SE
• Verizon Communications Inc.
• Harman International
• Continental AG
• Genetec Inc.
• Inseego Corp.
• Teletrac Navman
• Intangles Lab Pvt. Ltd.
• Geotab Inc.
• Xilinx Inc.
• Cognizant Technology Solutions Corporation
• NXP Semiconductors
• WEX Inc.

The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Component:

• Software
• Services

By Deployment:

• Cloud-Based
• On-Premises

By Application:

• Predictive Maintenance
• Traffic Management
• Driver Behavior Analysis
• Infotainment and Connectivity
• Fleet Monitoring
• Usage-Based Insurance (UBI)
• Others

By End-Use:

• OEMs
• Automotive Dealers
• Fleet Operators
• Insurers
• Regulatory Authorities

By Region:

North America:

• U.S.
• Canada

Europe:

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific:

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America:

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:

• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years Considered for the Study:

• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032

Key Takeaways:

• Market estimates & forecasts spanning 10 years from 2022 to 2032.
• Annualized revenue analysis at regional and segment levels.
• Comprehensive competitive landscape assessment of major industry players.
• Strategic business recommendations for future market growth.
• In-depth analysis of market trends, technological advancements, and investment opportunities.
• Demand-side and supply-side analysis to understand industry dynamics.

Contents

CHAPTER 1. GLOBAL VEHICLE ANALYTICS MARKET EXECUTIVE SUMMARY

1.1. Global Vehicle Analytics Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Component
Software
Services
  1.3.2. By Deployment
Cloud-Based
On-Premises
  1.3.3. By Application
Predictive Maintenance
Traffic Management
Driver Behavior Analysis
Infotainment and Connectivity
Fleet Monitoring
Usage-Based Insurance (UBI)
Others
  1.3.4. By End-Use
OEMs
Automotive Dealers
Fleet Operators
Insurers
Regulatory Authorities
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL VEHICLE ANALYTICS MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL VEHICLE ANALYTICS MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Adoption of Connected Car Technologies
  3.1.2. Integration of AI-Driven Analytics
  3.1.3. Increasing Demand for Real-Time Telematics
3.2. Market Challenges
  3.2.1. Data Privacy Concerns
  3.2.2. Cybersecurity Risks
  3.2.3. High Initial Investment Costs
3.3. Market Opportunities
  3.3.1. Growth of Autonomous Driving
  3.3.2. Electric Vehicle Integration
  3.3.3. Optimization in Fleet Management

CHAPTER 4. GLOBAL VEHICLE ANALYTICS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL VEHICLE ANALYTICS MARKET SIZE & FORECASTS BY COMPONENT (2022-2032)

5.1. Segment Dashboard
5.2. Global Vehicle Analytics Market: Software Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.3. Global Vehicle Analytics Market: Services Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)

CHAPTER 6. GLOBAL VEHICLE ANALYTICS MARKET SIZE & FORECASTS BY DEPLOYMENT (2022-2032)

6.1. Segment Dashboard
6.2. Global Vehicle Analytics Market: Cloud-Based Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.3. Global Vehicle Analytics Market: On-Premises Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)

CHAPTER 7. GLOBAL VEHICLE ANALYTICS MARKET SIZE & FORECASTS BY APPLICATION (2022-2032)

7.1. Segment Dashboard
7.2. Global Vehicle Analytics Market: Predictive Maintenance Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.3. Global Vehicle Analytics Market: Traffic Management Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.4. Global Vehicle Analytics Market: Driver Behavior Analysis Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.5. Global Vehicle Analytics Market: Infotainment and Connectivity Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.6. Global Vehicle Analytics Market: Fleet Monitoring Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.7. Global Vehicle Analytics Market: Usage-Based Insurance Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.8. Global Vehicle Analytics Market: Others Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)

CHAPTER 8. GLOBAL VEHICLE ANALYTICS MARKET SIZE & FORECASTS BY END-USE (2022-2032)

8.1. Segment Dashboard
8.2. Global Vehicle Analytics Market: OEMs Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.3. Global Vehicle Analytics Market: Automotive Dealers Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.4. Global Vehicle Analytics Market: Fleet Operators Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.5. Global Vehicle Analytics Market: Insurers Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.6. Global Vehicle Analytics Market: Regulatory Authorities Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)

CHAPTER 9. GLOBAL VEHICLE ANALYTICS MARKET SIZE & FORECASTS BY REGION (2022-2032)

9.1. North America Vehicle Analytics Market
  9.1.1. U.S. Vehicle Analytics Market
    9.1.1.1. Component Breakdown & Forecasts, 2022-2032
    9.1.1.2. Deployment Breakdown & Forecasts, 2022-2032
    9.1.1.3. Application Breakdown & Forecasts, 2022-2032
    9.1.1.4. End-Use Breakdown & Forecasts, 2022-2032
  9.1.2. Canada Vehicle Analytics Market
    9.1.2.1. Component Breakdown & Forecasts, 2022-2032
    9.1.2.2. Deployment Breakdown & Forecasts, 2022-2032
    9.1.2.3. Application Breakdown & Forecasts, 2022-2032
    9.1.2.4. End-Use Breakdown & Forecasts, 2022-2032
9.2. Europe Vehicle Analytics Market
  9.2.1. U.K. Vehicle Analytics Market
    9.2.1.1. Component Breakdown & Forecasts, 2022-2032
    9.2.1.2. Deployment Breakdown & Forecasts, 2022-2032
    9.2.1.3. Application Breakdown & Forecasts, 2022-2032
    9.2.1.4. End-Use Breakdown & Forecasts, 2022-2032
  9.2.2. Germany Vehicle Analytics Market
    9.2.2.1. Component Breakdown & Forecasts, 2022-2032
    9.2.2.2. Deployment Breakdown & Forecasts, 2022-2032
    9.2.2.3. Application Breakdown & Forecasts, 2022-2032
    9.2.2.4. End-Use Breakdown & Forecasts, 2022-2032
  9.2.3. France Vehicle Analytics Market
    9.2.3.1. Component Breakdown & Forecasts, 2022-2032
    9.2.3.2. Deployment Breakdown & Forecasts, 2022-2032
    9.2.3.3. Application Breakdown & Forecasts, 2022-2032
    9.2.3.4. End-Use Breakdown & Forecasts, 2022-2032
  9.2.4. Spain Vehicle Analytics Market
    9.2.4.1. Component Breakdown & Forecasts, 2022-2032
    9.2.4.2. Deployment Breakdown & Forecasts, 2022-2032
    9.2.4.3. Application Breakdown & Forecasts, 2022-2032
    9.2.4.4. End-Use Breakdown & Forecasts, 2022-2032
  9.2.5. Italy Vehicle Analytics Market
    9.2.5.1. Component Breakdown & Forecasts, 2022-2032
    9.2.5.2. Deployment Breakdown & Forecasts, 2022-2032
    9.2.5.3. Application Breakdown & Forecasts, 2022-2032
    9.2.5.4. End-Use Breakdown & Forecasts, 2022-2032
  9.2.6. Rest of Europe Vehicle Analytics Market
    9.2.6.1. Component Breakdown & Forecasts, 2022-2032
    9.2.6.2. Deployment Breakdown & Forecasts, 2022-2032
    9.2.6.3. Application Breakdown & Forecasts, 2022-2032
    9.2.6.4. End-Use Breakdown & Forecasts, 2022-2032
9.3. Asia Pacific Vehicle Analytics Market
  9.3.1. China Vehicle Analytics Market
    9.3.1.1. Component Breakdown & Forecasts, 2022-2032
    9.3.1.2. Deployment Breakdown & Forecasts, 2022-2032
    9.3.1.3. Application Breakdown & Forecasts, 2022-2032
    9.3.1.4. End-Use Breakdown & Forecasts, 2022-2032
  9.3.2. India Vehicle Analytics Market
    9.3.2.1. Component Breakdown & Forecasts, 2022-2032
    9.3.2.2. Deployment Breakdown & Forecasts, 2022-2032
    9.3.2.3. Application Breakdown & Forecasts, 2022-2032
    9.3.2.4. End-Use Breakdown & Forecasts, 2022-2032
  9.3.3. Japan Vehicle Analytics Market
    9.3.3.1. Component Breakdown & Forecasts, 2022-2032
    9.3.3.2. Deployment Breakdown & Forecasts, 2022-2032
    9.3.3.3. Application Breakdown & Forecasts, 2022-2032
    9.3.3.4. End-Use Breakdown & Forecasts, 2022-2032
  9.3.4. Australia Vehicle Analytics Market
    9.3.4.1. Component Breakdown & Forecasts, 2022-2032
    9.3.4.2. Deployment Breakdown & Forecasts, 2022-2032
    9.3.4.3. Application Breakdown & Forecasts, 2022-2032
    9.3.4.4. End-Use Breakdown & Forecasts, 2022-2032
  9.3.5. South Korea Vehicle Analytics Market
    9.3.5.1. Component Breakdown & Forecasts, 2022-2032
    9.3.5.2. Deployment Breakdown & Forecasts, 2022-2032
    9.3.5.3. Application Breakdown & Forecasts, 2022-2032
    9.3.5.4. End-Use Breakdown & Forecasts, 2022-2032
  9.3.6. Rest of Asia Pacific Vehicle Analytics Market
    9.3.6.1. Component Breakdown & Forecasts, 2022-2032
    9.3.6.2. Deployment Breakdown & Forecasts, 2022-2032
    9.3.6.3. Application Breakdown & Forecasts, 2022-2032
    9.3.6.4. End-Use Breakdown & Forecasts, 2022-2032
9.4. Latin America Vehicle Analytics Market
  9.4.1. Brazil Vehicle Analytics Market
    9.4.1.1. Component Breakdown & Forecasts, 2022-2032
    9.4.1.2. Deployment Breakdown & Forecasts, 2022-2032
    9.4.1.3. Application Breakdown & Forecasts, 2022-2032
    9.4.1.4. End-Use Breakdown & Forecasts, 2022-2032
  9.4.2. Mexico Vehicle Analytics Market
    9.4.2.1. Component Breakdown & Forecasts, 2022-2032
    9.4.2.2. Deployment Breakdown & Forecasts, 2022-2032
    9.4.2.3. Application Breakdown & Forecasts, 2022-2032
    9.4.2.4. End-Use Breakdown & Forecasts, 2022-2032
  9.4.3. Rest of Latin America Vehicle Analytics Market
    9.4.3.1. Component Breakdown & Forecasts, 2022-2032
    9.4.3.2. Deployment Breakdown & Forecasts, 2022-2032
    9.4.3.3. Application Breakdown & Forecasts, 2022-2032
    9.4.3.4. End-Use Breakdown & Forecasts, 2022-2032
9.5. Middle East & Africa Vehicle Analytics Market
  9.5.1. Saudi Arabia Vehicle Analytics Market
    9.5.1.1. Component Breakdown & Forecasts, 2022-2032
    9.5.1.2. Deployment Breakdown & Forecasts, 2022-2032
    9.5.1.3. Application Breakdown & Forecasts, 2022-2032
    9.5.1.4. End-Use Breakdown & Forecasts, 2022-2032
  9.5.2. South Africa Vehicle Analytics Market
    9.5.2.1. Component Breakdown & Forecasts, 2022-2032
    9.5.2.2. Deployment Breakdown & Forecasts, 2022-2032
    9.5.2.3. Application Breakdown & Forecasts, 2022-2032
    9.5.2.4. End-Use Breakdown & Forecasts, 2022-2032
  9.5.3. Rest of Middle East & Africa Vehicle Analytics Market
    9.5.3.1. Component Breakdown & Forecasts, 2022-2032
    9.5.3.2. Deployment Breakdown & Forecasts, 2022-2032
    9.5.3.3. Application Breakdown & Forecasts, 2022-2032
    9.5.3.4. End-Use Breakdown & Forecasts, 2022-2032

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. IBM Corporation
  10.1.2. Microsoft Corporation
  10.1.3. SAP SE
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. IBM Corporation
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. Microsoft Corporation
  10.3.3. SAP SE
  10.3.4. Verizon Communications Inc.
  10.3.5. Harman International
  10.3.6. Continental AG
  10.3.7. Genetec Inc.
  10.3.8. Inseego Corp.
  10.3.9. Teletrac Navman
  10.3.10. Intangles Lab Pvt. Ltd.
  10.3.11. Geotab Inc.
  10.3.12. Xilinx Inc.
  10.3.13. Cognizant Technology Solutions Corporation
  10.3.14. NXP Semiconductors
  10.3.15. WEX Inc.

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes