Automotive Cloud Market, By Vehicle Type (Passenger Vehicles and Commercial Vehicles), By Deployment Type (Private Cloud and Public Cloud), By Application (Infotainment Systems, Telematics, Fleet Management, Over the air Systems, Advanced driver-assistance systems, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024

Code : CMI4746

Pages :150

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Automotive Cloud Market Concentration By Players

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Advanced Driver Assistance Systems

Automakers are increasingly focusing on incorporating advanced driver assistance systems and autonomous driving capabilities in their vehicles. The development of such complex technologies requiring huge computational power is best supported by cloud platforms. Cloud infrastructure offers limitless scalability and processing capabilities for tasks like analyzing data from multiple sensors and cameras in real-time. It also ensures seamless software updates for Advanced Driver Assistance Systems (ADAS) algorithms based on latest road conditions, geography and other parameters. Moreover, cloud networks allow information exchange between vehicles and the outside world, an important factor for autonomous driving. With shared experiences, autonomous cars can deliver safer performance over time. The rise of mobility as a service further accelerates the need for advanced data-driven technologies using cloud computing. As self-driving vehicles become a reality, their effective management through automated cloud platforms will be crucial for success. This is likely to drive significant growth in automotive Cloud services.

Key Players Insights