Cloud computing in automotive industryVolkswagen Automotive Cloud is a global cloud platform built to serve the unique needs of automotive manufacturers and the mobility ecosystem. The platform is designed to provide a safe, secure, and scalable foundation for connected and autonomous vehicles.
Global Automotive Cloud Based Solutions Market is projected to reach USD 66.98 Billion by 2024, at a CAGR of over 19% during the forecast period. The growing demand for advanced infotainment systems and in-car connectivity is expected to increase the use of cloud-based services in automobiles during the forecast period. Based on application, the market has been categorised into Fleet Management Application, Infotainment System, Telematics, ADAS, Over the Air (OTA) Updates and Others. The fleet management system is projected to hold the largest share of the cloud-based solutions market for automotive during the forecast period due to growing businesses such as car-rental services and logistics & supply chain, the use of fleet management application has increased considerably. North America region dominate the market due to growing adoption of cloud-based services in the region and growing advancements in features.
Automotive Cloud Comprehensive Study by Type (Private Cloud, Public Cloud), Application (Automotive OEMs, Cloud Infrastructure Developers, Cloud Service Providers, Cybersecurity Service Providers For Automotive, Infotainment OEMs, ADAS & Telematics Suppliers), Technology (Artificial Intelligence, Machine Learning, The Internet of Things), Features (Data Exchange, Mobility Services, Automotive Cybersecurity, Deep Learning, Telematics-Based Commerce) Players and Region - Global Market Outlook to 2025