In-vehicle Data Capture Solutions Market Emerging Trends And Strong Application Scope

In-vehicle Data Capture Solutions Market: Introduction

In-Vehicle data capture solutions refer to the solutions which capture or record the data generated by connected cars. It captures the data through integration of sensors with IoT within the connected cars. Generally, these solutions are used in self-driving cars, military drones, and armored vehicles. Volume of automotive data continues to grow across the globe.

In-vehicle data capture solutions are responsible for capturing and transmitting route-tracking, fuel consumption, traffic, and accident data from vehicles. This helps in better monitoring and control of the vehicle and also reduces the chances of accident.

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In-Vehicle Data Capture Solutions Market – Dynamics

Increased Penetration of Technology in the Automotive Industry

Sudden advancements in the automotive industry across the globe have come about due to extensive adoption of technology within automobiles for better control and monitoring. The increased adoption of electric vehicles has hiked the revenue of manufacturers as customers are increasingly adopting these technology based vehicles. This has reduced risks and increased the safety of vehicles by analyzing situations and taking appropriate steps. High adoption of technology based vehicles among customers is driving demand for in-vehicle data capture solutions.

Network Coverage Limitations

Developing countries which are big markets have network coverage issues where the market is yet to penetrate. In-vehicle data capture solutions cannot work efficiently in these regions due to weak communication infrastructure. As the vehicle is constantly moving, network and communication infrastructure must be strong so that the data can be recorded effectively. Developing countries such as India, China, and Indonesia face serious connectivity issues which may hamper the growth of the in-vehicle data capture solutions market.

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