03 August 2018
Visiongain’ has launched a new automotive report Predictive Analytics With Big Data In The Automotive Market 2018-2028 Forecasts By (Inventory Management, Retail Sales, Production, Maintenance) Plus Analysis Of Applications In Artificial Intelligence (AI), Machine Learning, Autonomous Vehicles, Connected Cars, Cloud, Internet Of Things (IoT), Infotainment, Connectivity, Sensors, Telematics, ADAS & Usage-Based Insurance (UBI)
The predictive analytics in the automotive market is expected reach $370 million in 2018. This market will rise mainly due to the shift from shift from BI to advanced analytics techniques Moreover, its benefits in the production and sales process have enabled the automotive companies to save costs and help in customer retention.
This report will be beneficial for companies actively involved in car manufacturing, big data, or other technology markets. We believe that the information provided in the below report will enable any new entrant or incumbents in this market to draw accurate conclusions.
The lead analyst of the report said that, “Many automotive companies are increasingly using big data along with predictive analytics. The introduction of predictive analytics in the automotive market is an important concept not only for the customers but also the automotive manufactures. It helps automotive companies to organize production schedules, save inventory costs, identify customers and their product preferences, reduce unplanned maintenance, greatly increasing profit margins in a very competitive industry.”
Leading specialists featured in the report include IBM, SAS, Dataiku, RapidMiner and automotiveMastermind. Leading automobile companies featured in the report using predictive technology include BMW Group, Volvo Group, Toyota Motor Corporation, Toyota Motor Corporation, Daimler AG, Volkswagen group, General Motors Company, Ford Motor Company, Honda Motor Corporation, Hyundai Motor Corporation, Groupe Renault.
Notes for Editors
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Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
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