Vehicle Analytics Market: APAC Region Expected to Witness Rapid Growth

Introduction Vehicle analytics helps to gather real-time information about the vehicle by using real-time data analytics and streaming. Predictive tire servicing solutions help in automatically scheduling in tire maintenance and replacement. Other technologies such as gesture recognition, computer vision, sensors, and AI have made driver performance analysis very easy and helps in taking a well-informed decision based on the derived data insights. Drivers and restraints of Vehicle Analytics Market According to industry research conducted by Knowledge Sourcing Intelligence, advancement in technology such as machine learning, artificial intelligence, and predictive maintenance for fleet management is one of the major drivers of the vehicle analytics market. The rising use of GPS tracking devices across the transportation and logistics industry is significantly boosting the demand for vehicle analytics solutions globally. Increasing investments in R&D by automakers to dev