IoT aids in converting large volume of data into meaningful and actionable knowledge and aids in increasing transportation efficiency, automotive safety etc. Rising demand for improving driverÕs comfort, safety of passenger, and others has led to increasing adoption of IoT in the automotive sector.
Scope of the Report:This report studies the Automotive Internet of Things market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Automotive Internet of Things market by product type and applications/end industries.
Various application of IoT in automotive include intelligent transportation systems, self-driving (autonomous) cars, smart fleet management etc. and increasing demand for these has led to growth of the market.Increasing deaths due to automotive collisions is a factor for rising adoption of IoT in the automotive industry.
The global Automotive Internet of Things market is valued at 25200 million USD in 2017 and is expected to reach 106100 million USD by the end of 2023, growing at a CAGR of 27.1% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Automotive Internet of Things.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Apple, Inc
AT&T Inc
Audi AG
Cisco Systems, Inc
Ford Motor Company
General Motors
Google Inc
Intel Corporation
International Business Machines Corporation
Microsoft Corporation
NXP Semiconductors N.V
Robert Bosch GmbH
Texas Instruments Inc
Thales Sa
Tomtom N.V
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers In-Vehicle Communication
Vehicle-To-Vehicle Communication
Vehicle-To-Infrastructure Communication
Market Segment by Applications, can be divided into Navigation
Telematics
Infotainment
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
