Home / industry / Automotive Industry will account for over $2.8 Billion in 2017

Automotive Industry will account for over $2.8 Billion in 2017

With respect to the automotive value ecosystem, 5G will help increase productivity and sales value, improve user experience and environmental quality, the study says.
The impact of the 5G technology to the automotive ecosystem will be fundamental; its shock waves will not only cause massive changes to the products of the automotive industry – the cars – but also to the ecosystem around the cars from suppliers (including the semiconductor industry) to usage models.
The automotive ecosystem will experience a massive impactthrough the introcuction of the 5G wireless technologyIn turn, the economic impact of 5G to the automotive sector represents about 20% of the total global economic impact, projected by HIS to be $12.3 trillion in 2035.
Numerical, 5G will enable more than $2.4 trillion in total economic output across the automotive sector and the related ecosystem .
Between 2020 and 2035, the 5G technology will have an impact to the global economy that will be roughly equivalent to adding an economy the size of India to the present global economy, writes study author David Teece.

 automotive industry

as informed in

Big Data in the automotive industry in 2017 expected to grow at a CAGR of approximately 10% in new research 

automotive industry

as informed in Get sample of report at marketreportscenter.com/request-sample/538154Research estimates that Big Data investments in the automotive industry will account for over $2.8 Billion in 2017 alone.
– In recent years, several prominent partnerships and M&A deals have taken place that highlight the growing importance of Big Data in the automotive industry.
Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.
The report also presents market size forecasts for Big Data hardware, software and professional services investments from 2017 through to 2030.
We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.

 

Check Also

picture.jpg

EFF says, GM exit should see SA build own automotive industry

GM exit should see SA build own automotive industry. JOHANNESBURG – The Economic Freedom Fighters …