Group 1 - The core viewpoint of the article is that the Chinese automotive cloud market is projected to reach a total scale of 6.51 billion yuan in the second half of 2024, representing a year-on-year growth of 27.4% [1] - The infrastructure market within the automotive cloud sector is expected to reach 4.3 billion yuan, showing a significant year-on-year increase of 36% [1] - The solutions market is anticipated to grow to 2.21 billion yuan, with a year-on-year growth rate of 13.3% [1] Group 2 - Future growth in the automotive cloud market is driven by advancements in autonomous driving technology and the development of generative AI, which are expected to open new growth ceilings for the sector [1]

Investment Rating - The report indicates a positive investment outlook for the automotive cloud market, projecting a compound annual growth rate (CAGR) of 23% from 2024 to 2028, with the market size expected to reach 138 billion yuan by 2028 [4][31]. Core Insights - The automotive cloud refers to cloud computing infrastructure and solutions tailored for the automotive industry, facilitating digital transformation, intelligent upgrades, and innovative applications for manufacturers, suppliers, and service providers [3][12]. - The growth of the automotive cloud market is driven by the increasing demand for smart, connected, and electric vehicle technologies, particularly in the context of the rapid expansion of the new energy vehicle sector [3][19]. - The report highlights that the automotive cloud market in China is projected to reach 59.9 billion yuan in 2024, with significant growth factors including cost reduction through cloud computing and the rise of 5G commercialization [4][31]. Summary by Sections Industry Overview - The automotive cloud supports various segments of the automotive value chain, including smart manufacturing, Internet of Vehicles (IoV), autonomous driving research, and owner services [3][12]. - The demand for cloud computing platforms and big data processing capabilities is expected to surge due to the growth in new energy vehicles and overall automotive production [17][19]. Market Size - The automotive cloud market is forecasted to grow from 59.9 billion yuan in 2024 to 138 billion yuan by 2028, reflecting a CAGR of 23% [4][31]. - Internal factors contributing to market growth include cost reduction and efficiency improvements, while external factors include the commercialization of 5G and increased willingness for digital transformation among enterprises [29][30]. Industry Chain Analysis - The automotive cloud industry consists of upstream hardware infrastructure and software platforms, midstream cloud service providers, and downstream automotive manufacturers and technology service providers [35][37]. - Key drivers for cloud adoption in the automotive sector include disaster recovery, digital applications, and IoT connectivity, highlighting the industry's urgent need for enhanced operational efficiency and business continuity [38][39]. Demand for Cloud Services - The report identifies that disaster recovery, information technology applications, and IoT connectivity are the primary factors driving cloud adoption in the automotive industry [38][39]. - The complexity of automotive business processes necessitates robust data and information systems across various stages, with cloud computing providing essential capabilities for data processing and resource allocation [5][39]. Technological and Policy Support - Government policies are actively promoting the integration of smart connected vehicles with cloud computing and big data technologies, enhancing the efficiency and safety of intelligent transportation systems [61][62]. - The report emphasizes the importance of cloud computing in supporting the development of autonomous driving and smart cockpit technologies, which are increasingly reliant on real-time data processing and storage capabilities [56][59].