The post Global Feminine Hygiene Products Market (2018-2023) first appeared on CRI Report.

Consumer preference towards mobile devices is changing, and the young generation these days tend to replace television with smartphones. This is proving to be conducive for the growth of the smartphone market in India. With a 14% yearly market growth since 2016, India is the fastest growing smartphone market globally.

Market insights:
Based on volume of shipment, the smartphone market in India is expected to expand at a compound annual growth rate (CAGR) of ~14.56% between FY 2018 and FY 2023 to reach a value of 277 Mn units by FY 2023. The Indian government’s ambitious ‘Make in India’ campaign is encouraging domestic and foreign companies to set up production facilities within the country. Besides government incentives, faster than expected rolling out of 4G networks, and availability of ultra-low-end 4G devices are expected to support the adoption of smartphones in India.

Player-wise segment insights:
Among the major players of the Indian smartphone market, Xiaomi holds the largest market share (~29.70%), benefitting from its offline channel distribution and the launch of Redmi Note 5 and Redmi 5A in 2018. Other significant players in the Indian smartphone sector include Samsung Vivo, Oppo, and Transsion, among others.

Premium company wise segment insights:
In the fourth quarter of 2017, Apple was the top premium smartphone company in India with a market share of ~47%. However, by the fourth quarter of 2018, OnePlus acquired the topmost position as the premium smartphone seller in India with a market share of ~36%. OnePlus 6 and OnePlus 6T were the two bestselling premium smartphones in 2018, which experienced the highest adoption rate among the customers. Apple failed to retain its position as the premium smartphone seller with the highest market share due to a downward shift in shipment of its flagship models, iPhone 8 and iPhone X.

Key growth drivers of the market:
E-commerce platforms like Amazon and Flipkart, among others, accounted for ~38% market share of the total smartphone distribution sales in India in 2018. The online distribution model helps companies save a considerable amount of money that would have been spent in building up a physical distribution network. The significant savings that the companies make, with no distributor and retailer margins, usually account for ~6-15% of the total operational cost. As a result, the smartphone companies are able to cut prices by ~INR 3,000-5,000, thereby attracting more consumers.

Key deterrent to the growth of the market:

• In 2017, 1.22% of all applications outside of Google Play were termed as potentially harmful applications (PHAs), with Trojans dominating the PHA category. Smartphones are also vulnerable to numerous threats like bluejacking, bluesnarfing, snoopware, and pranking. Such security and privacy concerns develop averseness among a segment of customers toward smartphones.
• The rate of adoption of smartphones and tablets in rural India is low largely due to budgetary constraints, and poor adaptability rate of complicated devices. Since ~70% of the total Indian population reside in the rural areas, and lack the necessary knowledge to handle a smartphone, the rate of penetration of smartphones across India is being hampered.

Companies covered:

• Apple India Private Limited
• Lava International Limited
• Lenovo (India) Private Limited
• Micromax Informatics Limited
• Motorola Solutions India Private Limited
• Oppo Mobiles India Private Limited
• Samsung India Electronics Private Limited
• Sony India Private Limited
• Vivo Mobile India Private Limited
• Xiaomi Technology India Private Limited

Smartphone Market in India 2021

The post Smartphone Market in India (2018-2023) first appeared on CRI Report.

Mobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The North American MDM market is expected to reach USD 3.23 Bn by 2023 with a compound annual growth rate (CAGR) of 24.25% during 2018-2023.
The market is divided into three primary segments based on solutions, deployment and end users.

Based on solutions, the market is segmented into device management, application management, security management and network service management. The device management of this region is expected to have the largest market share. It is estimated to grow from USD 0.32 Bn in the year 2018 to USD 0.77 Bn in the year 2023 with a CAGR of 19.41%.
On the basis of deployment, the market is split into cloud and on-premise. The cloud deployment market is expected to have a larger share and is estimated to grow from USD 0.75 Bn in 2018 to USD 2.48 Bn in 2023 with a CAGR of 27.12%.
On the basis of end users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.45 Bn in 2018 to USD 1.70 Bn in 2023. The CAGR will be around 30.43%.
On the basis of countries, the market is segmented into The United States (U.S) and Canada. The U.S has the largest market share.

Key growth factors

The rapid rise in people using their smartphones and tablets in workplaces has allowed the growth of MDM market. Companies are very much interested in managing and securing their valuable data so that it doesn’t fall in wrong hands. North America is the leader in 4G and smartphone adoption and is soon going to adopt 5G services. Technological advancement in this region is also another primary factor why MDM is so important and extensively used.

Threats and key players

The growth of the MDM market is currently hindered by the leakage of corporate data from mobile devices which possess a greater threat than malware. Any data leakage can result in it falling in wrong hands and the chances of misuse are huge. The decreasing adoption of bring your own device (BYOD) among businesses is expected to act as a major restraining factor that could hamper the growth of the MDM market. Incorporating business applications on devices to provide ease of access to employees would cause serious challenges to the corporation if the device is compromised.
The North American market has some of the leading players of the MDM market. This includes Airwatch, MobileIron, IBM and others.

What’s covered in the report?

1. Overview of the North American MDM learning market.
2. Market drivers and challenges of the North American MDM market.
3. Market trends in the North American MDM market.
4. Historical, current and forecasted market size data for the segment based on solutions.
5. Historical, current and forecasted market size data for the segment based on deployment.
6. Historical, current and forecasted market size data for the segment based on end users.
7. Analysis of the company profiles of major competitors operating in the market.

Why buy?

1. Understand the demand for MDM to determine the viability of the market.
2. Identify the challenge areas and address them.
3. Develop strategies based on the drivers, trends and highlights.
4. Recognize the key competitors of this market and respond accordingly.
5. Knowledge of the initiatives and growth strategies taken by the major companies and decide the direction of further growth.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

The post North America Mobile Device Management (MDM) Market (2018-2023) first appeared on CRI Report.

Mobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The Middle East and Africa MDM market is expected to reach USD 0.47 Bn by 2023 with a compound annual growth rate (CAGR) of 19.88% during 2018-2023.
The market is divided into three primary segments based on solutions, deployment and end users.

Based on solutions, the market is segmented into device management, application management, security management and network service management. The network service management of this region is expected to have the largest market share. It is estimated to grow from USD 0.06 Bn in the year 2018 to USD 0.16 Bn in the year 2023 with a CAGR of 20.26%.
Based on deployment, the market is separated into cloud and on-premise. The cloud deployment market will grow with a higher CAGR of 26.93% and accumulate a revenue of USD 0.30 Bn in 2023. The on-premise deployment will have a greater revenue of around USD 0.10 Bn in the year 2018.
Based on end users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.08 Bn in 2018 to USD 0.15 Bn in 2023. The CAGR will be around 18.64%.

Key growth factors

The employees are accessing corporate data through their mobile devices which have also raised concern for cyber threats making mobile devices an easy prey for cyberattacks. The Middle East and Africa MDM market is showing a steady growth due to the high adoption rate of mobile devices. Mobile devices in this region are being used extensively for both private and professional purposes. Organizations are adopting bring your own device (BYOD) in order to support varied devices and applications platform. This assists in the mobilization of organizational data that increases the efficiency of the organization. Some problems, such as lost devices, corporate policy configuration, multiple user authentications, and others, are also a concern for the organization. To evade security risk and other related problems, organizations are investing in MDM solutions and services.

Threats and key players

Businesses in today’s world are heavily relied on mobile devices to meet a variety of needs. Ease in terms of device integration is very important for workflows to be executed properly. In the absence of certain protocols, professionals run the risk of experiencing compatibility issues. This is true especially if the individual is using a personal device that doesn’t meet the business’s standard update procedure. A full-company MDM policy can help ensure efficiency and compatibility across the board.

What’s covered in the report?

1. Overview of the Middle East and Africa MDM learning market.
2. Market drivers and challenges of the Middle East and Africa MDM market.
3. Market trends in the Middle East and Africa MDM market.
4. Historical, current and forecasted market size data for the segment based on solution.
5. Historical, current and forecasted market size data for the segment based on deployment.
6. Historical, current and forecasted market size data for the segment based on end user.
7. Analysis of the company profiles of major competitors operating in the market.

Why buy?

1. Understand the demand for MDM to determine the viability of the market.
2. Identify the challenge areas and address them.
3. Develop strategies based on the drivers, trends and highlights.
4. Recognize the key competitors of this market and respond accordingly.
5. Knowledge of the initiatives and growth strategies taken by the major companies and decide the direction of further growth.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

The post Middle East and Africa Mobile Device Management (MDM) Market (2018-2023) first appeared on CRI Report.

Mobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The Latin American MDM market is expected to reach USD 0.51 Bn by 2023 with a compound annual growth rate (CAGR) of 21.22% during 2018-2023.
The market is divided into three primary segments based on solutions, deployment and end users.

Based on solutions, the market is segmented into device management, application management, security management and network service management. The device management of this region is expected to have the largest market share. It is estimated to grow from USD 0.06 Bn in the year 2018 to USD 0.19 Bn in the year 2023 with a CAGR of 27.59%.
Based on deployment, the market is divided into cloud and on-premise. The on-premise deployment market is expected to have a larger share and is estimated to grow from USD 0.10 Bn in 2018 to USD 0.27 Bn in 2023 with a CAGR of 21.97%.
Based on end users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail and healthcare. Healthcare will have a major market share and will rise from USD 0.07 Bn in 2018 to USD 0.20 Bn in 2023. The CAGR will be around 23.68%.

Key growth factors

The Latin American MDM market has seen a shift in the usage of technology as employees have moved from traditional devices to smart devices. Mobile device usage by employees continues to expand. Therefore, organizations are adopting and investing in MDM solutions and services to manage IT applications. This is increasing the mobility and efficiency of the organization in a secured manner. People can access business information from any location they want, even in device of their own choice. This has made both the company and the employee more productive as people are more comfortable in working on their own devices. The Latin American market is in the initial phases of acceptance of MDM compared to other regions of the world such as North America and Europe, which presents opportunities for new entrants, investments, and mergers and acquisitions (M&As) to increase their offers.

Threats and key players

When dedicated MDM solutions are implemented by an organization in an attempt to nurture a bring your own device (BYOD) environment, this can often hinder the productivity or fluidity of the work which is being carried out on the devices. As the market is new, companies are still not sure about adopting these kind pf solutions. Moreover, the cost is very high.

What’s covered in the report?

1. Overview of the Latin American MDM learning market.
2. Market drivers and challenges of the Latin American MDM market.
3. Market trends in the Latin American MDM market.
4. Historical, current and forecasted market size data for the segment based on solutions.
5. Historical, current and forecasted market size data for the segment based on deployment.
6. Historical, current and forecasted market size data for the segment based on end users.
7. Analysis of the company profiles of major competitors operating in the market.

Why buy?

1. Understand the demand for MDM to determine the viability of the market.
2. Identify the challenge areas and address them.
3. Develop strategies based on the drivers, trends and highlights.
4. Recognize the key competitors of this market and respond accordingly.
5. Knowledge of the initiatives and growth strategies taken by the major companies and decide the direction of further growth.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

The post Latin America Mobile Device Management (MDM) Market (2018-2023) first appeared on CRI Report.

Mobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The European MDM market is expected to reach USD 1.83 Bn by 2023 with a compound annual growth rate (CAGR) of 20.02% during 2018-2023.

The market is divided into three primary segments based on solutions, deployment and end users.
Based on solutions, the market is segmented into device management, application management, security management and network service management. The device management of this region is expected to have the largest market share. It is estimated to grow from USD 0.23 Bn in the year 2018 to USD 0.75 Bn in the year 2023 with a CAGR of 26.73%.
Based on deployment, the market is divided into cloud and on-premise. The cloud deployment market is expected to have a larger share and is estimated to grow from USD 0.38 Bn in 2018 to USD 0.99 Bn in 2023 with a CAGR of 21.16%.
Based on end-users, the market is classified into banking, financial services and insurance (BFSI), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.31 Bn in 2018 to USD 0.69 Bn in 2023. The CAGR will be around 17.49%.

Key growth factors

European enterprises are critical about their data being lost or leaked to some unauthorized source. So, they wanted total safety and security of their information which is provided by the MDM. The healthcare sector has been one of the top users of MDM. Doctors, nurses, patients and support staff all have been actively using smartphones for work, which has led to the organization installing MDM for security reasons. The rising awareness of health related issues is a factor. People can access business information from any location they want, in device of their own choice. This has led to more productive employees as well as company.

Threats and key players

Decreasing adoption of bring your own device (BYOD) among businesses are hindering the market growth. It makes sense to let employees use their own devices. People work more efficiently on systems they’re familiar with. But managing access from the hundreds of varieties of phones, tablets, and other computers is a technological nightmare.
Each device uses its own unique blend of hardware and software. The management system has to be compatible with all the devices which the employees are likely to use. With dozens of new devices appearing each month, this is no easy task.
The key competitors in the Europe MDM market are SAP SE, Microsoft Corporation, Citrix solutions and others.

What’s covered in the report?

1. Overview of the European MDM learning market.
2. Market drivers and challenges of the European MDM market.
3. Market trends in the European MDM market.
4. Historical, current and forecasted market size data for the segment based on solutions.
5. Historical, current and forecasted market size data for the segment based on deployment.
6. Historical, current and forecasted market size data for the segment based on end users.
7. Analysis of the company profiles of major competitors operating in the market.

Why buy?

1. Understand the demand for MDM to determine the viability of the market.
2. Identify the challenge areas and address them.
3. Develop strategies based on the drivers, trends and highlights.
4. Recognize the key competitors of this market and respond accordingly.
5. Knowledge of the initiatives and growth strategies taken by the major companies and decide the direction of further growth.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

The post Europe Mobile Device Management (MDM) Market (2018-2023) first appeared on CRI Report.

Mobile device management (MDM) is a security software which is usually used by the information technology (IT) department of any company to manage, secure and monitor the different devices of employees. These devices are deployed across various mobile service providers. It comprises a range of products and services that help the organization to allow and support different applications in personal mobile devices. The Asia-Pacific MDM market is expected to reach USD 2.00 Bn by 2023 with a compound annual growth rate (CAGR) of 25.16% during 2018-2023.

The market is divided into three primary segments based on solutions, deployment and end users.
Based on solutions, the market is segmented into device management, application management, security management and network service management. With a highest CAGR of 30.45%, the device management market is expected to reach USD 0.65 Bn in the year 2023. The application management market holds the maximum share in 2018 with a revenue of USD 0.21 Bn.
Based on deployment, the market is divided into cloud and on-premise. The cloud deployment market is expected to have a larger share and is estimated to grow from USD 0.35 Bn in 2018 to USD 1.19 Bn in 2023 with a CAGR of 27.59%.
Based on end users, the market is classified into banking, financial services and insurance (bfsi), telecommunication, retail, and healthcare. Healthcare will have a major market share and will rise from USD 0.25 Bn in 2018 to USD 0.76 Bn in 2023. The CAGR will be around 24.90%.

Key growth factors

Asia-Pacific would be the fastest growing region and would register significant growth during the forecast period. Organizations in this region have been actively adopting enterprise mobility solutions to meet the demands of the dynamic mobile workforce and economic growth. Mobile devices have gained tremendous acceptance among the younger generation, and demand for cloud-based solutions by small and medium sized industries (SMEs), and the growing bring your own device (BYOD) trend would be some of the notable factors that would drive the MDM market in this region. Mobile devices in this region are being used extensively for both private and professional purpose. BYOD assists in mobilization of organizational data that increases the efficiency of the organization.

Threats and key players

The growth of the MDM market in this region is currently hindered by accidents, which is a major cause of data loss for individual users. Very often we hear people asking others how to dry a wet device. Connectivity to the cloud can enable businesses to automatically create backups. No matter what happens to a device, important data and information can be retrieved by accessing the most recent cloud backup. Initial cost of these solutions is very high and this is a hindering factor for this market. Companies here are concerned about large investments in a particular area.

What’s covered in the report?

1. Overview of the Asia-Pacific MDM learning market.
2. Market drivers and challenges of the Asia-Pacific MDM market.
3. Market trends in the Asia-Pacific MDM market.
4. Historical, current and forecasted market size data for the segment based on solutions.
5. Historical, current and forecasted market size data for the segment based on deployment.
6. Historical, current and forecasted market size data for the segment based on end users.
7. Analysis of the company profiles of major competitors operating in the market.

Why buy?

1. Understand the demand for MDM to determine the viability of the market.
2. Identify the challenge areas and address them.
3. Develop strategies based on the drivers, trends and highlights.
4. Recognize the key competitors of this market and respond accordingly.
5. Knowledge of the initiatives and growth strategies taken by the major companies and decide the direction of further growth.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

The post Asia-Pacific Mobile Device Management (MDM) Market (2018-2023) first appeared on CRI Report.

A self-driving car also known as the driverless car or an autonomous car or a robotic car uses a combination of cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without any human conduction. It is expected that the self-driving car would reduce car crash by 90%. North America self-driving car market is expected to expand at a CAGR of 50.8%, leading to global revenue of USD 49.79 Bn by 2024.
North America self-driving market is further segmented based on applications, automation and technology components. The segment applications are further categorized into personal use and commercial use. General Motors plans to launch self-driving cars in the US cities by 2019. The company motives to launch fleet of an autonomous taxi ‘Robo-Taxi’ in the urban area by 2019.

Based on automation, the self-driving automation level is categorized into semi-autonomous and full autonomous. Semi-autonomous cars are dominating the automation segment. Fully autonomous cars technology are still a long way to come. Super Cruise which is a system of General Motors has a host of semi-autonomous technologies which allows the vehicle to consider its surroundings and drive on its own in the limited situation.

The self-driving car Market segment is based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor and GPS navigation system. The North America market is likely to witness a considerable growth prospect in the Lidar market, due to growing adoption of administrative regulations, mandating the installation of specific automotive safety technologies in both lightweight and heavyweight vehicles in the region.
Based on the countries, the self-driving car market is divided into U.S. and Canada. The U.S. would occupy the highest market share. As various U.S states like California, Arizona, Nevada and many are allowing the self-driving test. On April 2, 2018, California expanded its testing rule. Instead of using safety driver inside the car it plans to apply remote monitoring.

Key growth factors

North American technological companies have been innovating these driverless since the very beginning. Autonomous vehicles are already present in this region, promising a wave of efficiency that will transform the transportation industry.
Arizona and California have recently permitted for fully autonomous vehicles to be tested without any human supervisors behind the wheel.

Threats and key players

Very few cities in this region are allowed the testing of autonomous cars, and this makes it difficult for the car manufacturers to launch their cars.
The key players in the North America self-driving car market are Apple, Microsoft, IBM, Waymo, Toyota, Volvo, General Motors, Tesla, Nissan, and Cisco.

What’s covered in the report?

1. Overview of the North America self-driving car market
2. Market drivers and challenges in the North America self-driving car market
3. Market trends in the North America self-driving car market
4. Historical, current and forecasted market size data for the North America self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in North America self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the North America self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technology components in the North America self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors, and GPS navigation systems)
8. Historical, current and the forecasted countries (U.S. and Canada) market size data for the North America self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the North America self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the North American scenario
3. To analyze the market potential, drivers, latest market trends, opportunities and challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics, and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, profiles of the relevant companies and start-up profiles

The post North America Self-driving Car Market (2018-2024) first appeared on CRI Report.

A self-driving car also known as the driverless car or an autonomous car, or robotic car uses a combination of cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by 90%. The Middle East and Africa self-driving car market is expected to expand at a CAGR of 46.6%, leading to global revenue of USD 18.94 Bn by 2024.

The Middle East and Africa self-driving market are further segmented based on applications, automation and technological components. The segment applications are also categorized into personal use and commercial use. Initially, self-driving cars will be owned personally. UAE is very progressive in technology. The country is very enthusiastic about embracing self-driving carsThe citizens of UAE are excited to welcome self-driven cars.
Based on automation, the self-driving automation levels are categorized into semi-autonomous and full autonomous. Semi-autonomous cars are dominating the automation segment. However, the car-manufacturers Target to introduce full autonomous cars by 2020. The Middle East has been in pole position of adopting autonomous driving with UAE leading the way. The Dubai Future Foundation in union with Dubai Roads and Transport Authority (RTA) launched the Dubai Autonomous Transportation Strategy.

The self-driving car Market segment is based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor and GPS navigation system. Radar sensor market in the Middle East and Africa region is expected to witness sustainable growth during the forecast period because the area is the global focal point for large investments and business expansion opportunities which has encouraged automobile manufacturers to enter this market.
Based on countries, the self-driving market is divided into UAE, Saudia Arabia and the rest of MEA. Countries like UAE, Saudi Arabia, are expected to lead in self-driving car owing to their advancements in connective devices and artificial intelligence(AI).

Key growth factors

The Middle East and Africa are playing an important role in the field of the autonomous vehicle. In Dubai, Future Foundation in collaboration with Dubai Roads and Transport Authority (RTA) launched Dubai Autonomous Transportation Strategy to regulate autonomous driving policies.
Dubai Autonomous Transportation Strategy has also included the metro stations in Dubai. It aims to build a self-driving system to carry millions of passenger every year.

Threats and key players

The region faces technological challenges even though UAE is progressing with its autonomous cars. There have been several public crashes in self-driving cars due to the software glitch. This lowers the confidant of acquiring a self-driving car.
The key players in the Middle East and Africa self-driving car are Apple, Microsoft, IBM, Toyota, and Volvo.

What’s covered in the report?

1. Overview of the Middle East and Africa self-driving car market
2. Market drivers and challenges in the Middle East and Africa self-driving car market
3. Market trends in the Middle East and Africa self-driving car market
4. Historical, current and forecasted market size data for the Middle East and Africa self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in the Middle East and Africa self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the Middle East and Africa self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technological components in the Middle East and Africa self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors and GPS navigation systems)
8. Historical, current and forecasted countries (UAE, Saudia Arabia and rest of MEA) market size data for the Middle East and Africa self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the Middle East and Africa self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the Middle East and African scenario
3. To analyze the market potential, drivers, latest market trends, opportunities and challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics, and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, profiles of the relevant companies and start-up profiles

The post Middle East and Africa Self-driving Car Market (2018-2024) first appeared on CRI Report.

A self-driving car, also known as the driverless car or an autonomous car or robotic car uses a combination of cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by 90%. The Latin America self-driving car market is expected to expand at a CAGR of 28.5%, leading to global revenue of USD 3.75 Bn by 2024.

Latin America self-driving market is further segmented based on applications, automation, and technological components. The segment applications are further categorized into personal use and commercial use. Initially, self-driving cars will be owned personally. The region is showing a great interest towards autonomous driving technologies. Approximately half of the people surveyed believe that autonomous vehicles will improve the mobility in the city.
Based on automation, the self-driving automation levels are categorized into semi-autonomous and full autonomous. Semi-autonomous cars are dominating the automation segment. However the, car-manufacturers targets to introduce full autonomous cars by 2020. The region has enormous potential for advanced driver assistance i.e. level 1 automation. Latin American market is very enthusiastic to own an electric vehicle. This would help the car manufacturers of the region to progress in their level of automation.

The self-driving car market is segmented based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor, and GPS navigation system. Radar-based driver assistance systems are already being used right now. As of now, these have been used for adaptive cruise control, collision warning systems, blind-spot monitoring, lane-change assistance, rear cross-traffic alerts and backup parking assistance.
Based on the countries, the self-driving car market is divided into Brazil, Argentina and the rest of LATAM. Autonomous cars have its highest presence in Brazil because the state has a robust connective infrastructure. Around 90% of the cities have 4G coverage. The citizens are also keenly interested in autonomous vehicle technology as their disposable income is increasing at a fast pace.

Key growth factors

Latin America can speed up the adoption of autonomous vehicles if proper measures are taken into consideration. According to a survey conducted by an automotive company, more than half of the surveyed population have favorable opinion about autonomous cars.
In Latin America, car manufacturer Nissan has announced to introduce 100% electric, zero-emission car called Nissan LEAF. Nissan plans to sell the cars in Argentina, Brazil, Chile, Colombia and Costa Rica by 2019

Threats and key players

Factors that may restrain the adoption of self-driving cars are regulation, poor infrastructure, i.e. poor road quality and less number of active AV test.
The key players in the Latin American self-driving car market are Apple, Microsoft, Toyota, Nissan and General Motors.

What’s covered in the report?

1. Overview of the Latin America self-driving car market
2. Market drivers and challenges in the Latin America self-driving car market
3. Market trends in the Latin America self-driving car market
4. Historical, current and forecasted market size data for the Latin America self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in Latin America self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the Latin America self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technological components in the Latin America self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors and GPS navigation systems)
8. Historical, current and forecasted countries (Brazil, Argentina, and rest of LATAM) market size data for the Latin America self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the Latin America self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the Latin America scenario
3. To analyze the market potential, drivers, latest market trends, opportunities, challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, relevant Companies’ profiles and start-up profiles

The post Latin America Self-driving Car Market (2018-2024) first appeared on CRI Report.