At A CAGR of over 19%, Automotive Cloud Based Solutions Market is projected to reach USD 66.98 Billion by 2024

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.

Years considered for this report:

Historical Year : 2014 - 2017

Base Year : 2018

Estimated : 2019

Forecast : 2020 - 2024

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Objective of the Study:

  • To analyse and forecast the market size of Automotive Cloud Based Solutions Market, in terms of value and volume.
  • To classify and forecast Global Automotive Cloud Based Solutions Market based on vehicle, electric vehicle, deployment, service model, application and regional distribution.
  • To identify drivers and challenges for Global Automotive Cloud Based Solutions Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Cloud Based Solutions Market.
  • To conduct the pricing analysis for Automotive Cloud Based Solutions Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Automotive Cloud Based Solutions Market.


Some of the leading players in the Global Automotive Cloud Based Solutions Market are Harman International, Blackberry Limited, Denso Corporation, Continental AG, Verizon Wireless, Ericsson AB, Airbiquity Inc., Sierra Wireless, Tomtom International Bv, Trimble Inc. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration service providers across the globe.

TechSci Research calculated the market size of Global Automotive Cloud Based Solutions Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Cloud Infrastructure Developers
  • Cloud Service Providers
  • Cybersecurity Service Providers for Automotive
  • Automotive OEMs
  • Traders, Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Automotive Cloud Based Solutions Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Vehicle Type:
    • Passenger Cars
    • Commercial Vehicle
  • Market, By Electric Vehicle Type:
    • Battery Electric Vehicle (BEV)
    • Hybrid Electric Vehicle (HEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)
  • Market, By Deployment Type:
    • Private Cloud
    • Public Cloud
  • Market, By Service Model:
    • Professional Services
    • Managed Services
  • Market, By Application:
    • Fleet Management Application
    • Infotainment System
    • Telematics
    • ADAS
    • Over the Air (OTA) Updates
    • Others
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Cloud Based Solutions Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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