The global Internet of Things in Automotive market reached a valuation of US$ 128.09 Bn. in 2023 and is poised to attain US$ 671.37 Bn. by 2030, manifesting a compound annual growth rate (CAGR) of 26.7 % throughout the forecast period.
Market Overview:
This study presents a comprehensive analysis of the Internet of Things in Automotive market encompassing components, applications, industries, and geographical regions. Delving into intricate details, the research elucidates the primary drivers steering the growth of the Internet of Things in Automotive market and provides an exhaustive examination of its value chain.
Market Scope:
The research methodology employed for assessing and projecting the Internet of Things in Automotive market commences with secondary research utilizing sources that compile revenue data from pivotal suppliers. Vendor offerings are also factored in while delineating market segmentation. Employing the bottom-up approach, the overall size of the Internet of Things in Automotive market was deduced leveraging the revenues of significant enterprises.
Drivers:
The Internet of Things in Automotive market report comprehensively covers major restraints and drivers influencing market dynamics.
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Segmentation:
by Application
Infotainment
Navigation
Telematics
by Connectivity Type
Embedded
Tethered
Integrated
by Communication Type
In-vehicle
vehicle to vehicle
vehicle to infrastructure
by Offering
Hardware
Service
Key Players:
The Internet of Things in Automotive market report features major players including:
1. Qualcomm (US)
2. Intel Corporation (US)
3. NVIDIA. (US)
4. Texas Instruments Inc (US)
5. Aeris Communications, Inc. (US)
6. Amazon Web Services, Inc. (US)
7. Avnet, Inc. (US)
8. Zoho Corporation- WebNMS (US)
9. IBM Corporation (US)
10.Cisco Systems Inc (US)
11.AT&T Inc (US)
12.Microsoft (US)
13.Apple (US)
14.Google Inc (US)
15.Moj.io, Inc. (Canada)
16.Vodafone Group Plc (UK)
17.AppyParking (UK)
18.NXP Semiconductors N.V. (Netherlands)
19.Audi Ag (Germany)
20.CarIQ (India)
21.Evoke Motorcycles (Hong Kong)
22.Advantech Co., Ltd (Taiwan)
23.LG CNS (South Korea)
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Regional Analysis:
Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East and Africa, and South America are individually accessible. Analysts at Maximize conduct competitive analysis for each competitor, evaluating competitive strengths comprehensively.
COVID-19 Impact Analysis on Internet of Things in Automotive Market:
The COVID-19 pandemic has impacted various industries including aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance. This crisis has also affected the Internet of Things in Automotive market, influencing growth rates from 2019 to 2020. Our latest insights and analyses on mitigation strategies are crucial for industries and organizations navigating through the COVID-19 crisis, enabling them to digitize operations to deliver reliable data and insights to CEOs.
Key Questions Answered in the Internet of Things in Automotive Market Report:
- Which segment dominated the Internet of Things in Automotive market share?
- How was the competitive landscape of the Internet of Things in Automotive market in 2020?
- What are the key factors fueling the growth of the Internet of Things in Automotive market?
- Which region held the largest share in the Internet of Things in Automotive market in 2020?
About Maximize Market Research:
Maximize Market Research is a versatile market research and consulting firm comprising professionals from diverse industries. Our coverage spans medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automation systems. We deliver industry-validated market estimations, technical trend analyses, critical market research, strategic guidance, competition analyses, production and demand assessments, and client impact studies.
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