Global Internet of Things in Automotive Market
The market size was valued at US$ 128.09 Bn. in 2023 and is projected to reach US$ 671.37 Bn. by 2030, with a CAGR of 26.7 % during the forecast period.
Market Overview:
The "Internet of Things in Automotive Market" research aims to deliver current market insights and support decision-makers in making well-informed investment choices. This comprehensive analysis covers the global Internet of Things in Automotive Market by product type, application, key manufacturers, and key regions.
Market Scope:
The research delves into the growth prospects, constraints, and overall market analysis of the Internet of Things in Automotive market. It utilizes Porter's five forces analysis to evaluate the impact of various factors on market trends, such as supplier bargaining power.
Drivers:
The report discusses significant drivers and restraints impacting the Internet of Things in Automotive market.
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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:
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:
The global Internet of Things in Automotive market has been evaluated across the following regions:
- North America (United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia)
- Latin America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Internet of Things in Automotive Market:
The COVID-19 pandemic has had a profound impact on the Internet of Things in Automotive market in 2021. The outbreak has led to widespread disruptions including flight cancellations, travel bans, quarantines, restaurant closures, and restrictions on indoor/outdoor events. Over thirty countries have declared states of emergency, resulting in a massive slowdown in the supply chain, stock market fluctuations, business declines, increased public panic, and future uncertainties.
Key Questions Answered in the Internet of Things in Automotive Market Report:
- What key trends are expected to emerge in the Internet of Things in Automotive market during the forecast period?
- What will be the market size of the Internet of Things in Automotive market by 2027?
- Which company held the largest market share in 2020?
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