NEW YORK, June 17, 2021 /PRNewswire/ —
The global automotive prognostics market is set to grow by USD 6.13 billion during 2021-2025, registering a CAGR of over 26%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ansik Inc., Cloudera Inc., Continental AG, Dell Technologies Inc., Garrett Motion Inc., General Motors Co., Omnitracs LLC, Open Text Corp., Ridgetop Group Inc., and Robert Bosch GmbH are some of the major market participants.
The maintenance cost-saving benefits of automotive prognostics systems and the increased focus of prominent