Global Vehicle Analytics Market Size & Outlook, 2023-2030
The vehicle analytics industry worldwide is expected to reach a projected revenue of US$ 15,406.4 million by 2030. A compound annual growth rate of 23.4% is expected of the worldwide vehicle analytics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,534.7
Forecast, 2030 (US$M)
$15,406.4
CAGR, 2024 - 2030
23.4%
Report Coverage
Worldwide
Global vehicle analytics market, 2018-2030 (US$M)
Global vehicle analytics market highlights
- The global vehicle analytics market generated a revenue of USD 3,534.7 million in 2023 and is expected to reach USD 15,406.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 23.4% by 2030.
- In terms of segment, solution accounted for a revenue of USD 3,534.7 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 3,534.7 million |
| Market revenue in 2030 | USD 15,406.4 million |
| Growth rate | 23.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 34.6% of the global vehicle analytics market in 2023.
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Vehicle Analytics Market Scope
Vehicle analytics market segmentation & scope
Deployment
Cloud
On-premises
Application
Predictive Maintenance
Traffic Management
Safety & Security Management
Driver & User Behavior Analysis
Dealer Performance Analysis
Usage-Based Insurance
Others
End Use
Original Equipment Manufacturers (OEMs)
Automotive Dealers
Fleet Owners
Regulatory Bodies
Insurers
Service Providers
Vehicle Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vehicle analytics market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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