Automotive Cloud Sector: Growth Drivers and Challenges
Growth Drivers
- Rising Demand for Advanced Infotainment Systems
- Automobile Manufacturers Preference to Integrate New Technologies in their Products
Challenges
- Poor Network Connectivity
- Underdeveloped Cloud Infrastructure
Automotive Cloud Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
15.4% |
|
Base Year Market Size (2024) |
USD 33.52 billion |
|
Forecast Year Market Size (2037) |
USD 215.76 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of automotive cloud is assessed at USD 37.91 billion.
Automotive Cloud Market size was valued at USD 33.52 billion in 2024 and is expected to reach USD 215.76 billion by 2037, expanding at around 15.4% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is predicted to hold largest revenue share by 2037, as government have mandated fleet vehicles to have telematics systems and pre-installed satellite positioning so as to enhance fuel economy and vehicle wear.
The major players in the market are Apple Inc., BlackBerry Limited, Robert Bosch GmbH, Ericsson AB, and Continental AG, among others.
