Connected Car
NEW YORK, March 15, 2023 /PRNewswire/ -- The growth of digital tools and technologies has created new business models for the automotive industry. This report aims to identify various business models connected to emerging markets and how automotive OEMs can generate extra revenue. The study includes the following:It summarizes new opportunities for automakers to expand their business models across the entire value chain and establishes the current methods used by automotive OEMs in each new area of revenue generation. It categorizes the 4 primary areas of the automotive value chain with opportunities for additional revenue streams. It identifies the top automotive OEMs' initiatives in revenue growth sectors and groups them by growth prospects.