Abstract
The concept of luxury, considering it a rare and exclusive attribute, is evolving due to technological advances and the increasing influence of consumers in the market. Luxury cars have always symbolized wealth, social status, and sophistication. Recently, as technology progresses, the ability and interest to gather, store, and analyze data from these elegant vehicles has also increased. In recent years, the analysis of luxury car data has emerged as a significant area of research, highlighting researchers’ exploration of various aspects that may differentiate luxury cars from ordinary ones. For instance, researchers study factors such as economic impact, technological advancements, customer preferences and demographics, environmental implications, brand reputation, security, and performance. Although the percentage of individuals purchasing luxury cars is lower than that of ordinary cars, the significance of analyzing luxury car data lies in its impact on various aspects of the automotive industry and society. This literature review aims to provide an overview of the current state of the art in luxury car data analysis.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.