IOT in Automotive Market Research Report

IOT in Automotive Market By Application Analysis (Infotainment, Navigation, Telematic); By Connectivity Form Factor Analysis (Embedded, Tethered, Integrated); By Communication Type Analysis (In-Vehicle Communication, Vehicle-to-Vehicle Communication, Vehicle-to-Infrastructure Communication); By Offering Analysis (Hardware, Software, Services) and By Regional Analysis – Global Forecast by

The IOT in Automotive is expected to be around US$ 169 Billion by 2027 at a CAGR of 27% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Texas Instruments Inc
  • TOMTOM N.V.
  • Intel Corporation
  • NXP Semiconductors N.V.
  • IBM Corporation
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    27

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    As the limits of automobile business is shrinking and as new competitors enter the market, the traditional business members are figuring out how to flourish notwithstanding innovative interruption. Electronics, media communications and insurance agencies and developing new companies are joining the race to discover better approaches to draw in and energize buyers to raise their encounters with automotive. The IOT in automotive industry is a wide range of companies and firms involved in the development, design, marketing, manufacturing, and selling of vehicles, Embedded cars use a integrated antenna and chipset, while tethered connections use hardware to allow drivers to connect to their cars via their smart phones. The automotive industry expert estimate that in future every car will be connected in some or the other way.

    How Big is the Global IOT in Automotive?

    The IOT in Automotive is expected to be around US$ 169 Billion by 2027 at a CAGR of 27% in the given forecast period.

    The major driving factors of IOT in Automotive are as follows:

    • Advantages presenting by real-time traffic and incident alerts
    • Enhance in telematics mandates by several governments
    • Increasing demand for assisted & automated driving
    • Consumers’ expandingdemand for Smartphone features in cars

    The restraining factors of IOT in Automotive are as follows:

    • Absence of Cellular Connectivity Coverage
    • Increasing cost of automotive vehicle

    The IOT in Automotive is segmented on the lines of its application, connectivity form factor and communication type, offering, regional. Based on application segmentation it covers infotainment, navigation, telematic. Based on connectivity form factor segmentation it covers embedded, tethered and integrated. Based on communication type segmentation it covers in vehicle communication, vehicle to vehicle communication, vehicle to infrastructure communication. Based on offerings segmentation it covers hardware, software, services. The IOT in Automotive on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for IOT in Automotive and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027
    3) Identifications of new market opportunities and targeted promotional plans for IOT in Automotive.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:
    The scope of the report includes a detailed study of global and regional markets on IOT in Automotive with the reasons given for variations in the growth of the industry in certain regions.
     
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Texas Instruments Inc. (U.S.), Intel Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), TOMTOM N.V. (Netherland), IBM Corporation (U.S.), Cisco Systems Inc. (U.S.), Microsoft Corp.(U.S.), Thales SA (France), AT&T Inc. (U.S.), Vodafone Group (U.K.), Robert Bosch GmbH (Germany), Google Inc. (U.S.), Apple Inc. (U.S.), General Motors (U.S.), Audi AG (Germany), Ford Motor Company (U.S.). General Motors (U.S.). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The IOT in Automotive has been segmented as below:

    By Application Analysis:

    • Infotainment
    • Navigation
    • Telematic

    By Connectivity Form Factor Analysis:

    • Embedded
    • Tethered
    • Integrated

    By Communication Type Analysis:

    • In-Vehicle Communication
    • Vehicle-to-Vehicle Communication
    • Vehicle-to-Infrastructure Communication

    By Offering Analysis:

    • Hardware
    • Software
    • Services

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of World

    Reasons to Buy this Report:
     
    1) Obtain the most up to date information available on all IOT in Automotive.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of IOT in Automotive data.
    4) Assess your competitor’s refining portfolio and its evolution.

    Customization:
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    IOT in Automotive

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    The IOT in Automotive has been segmented as below:

    By Application Analysis:

    • Infotainment
    • Navigation
    • Telematic

    By Connectivity Form Factor Analysis:

    • Embedded
    • Tethered
    • Integrated

    By Communication Type Analysis:

    • In-Vehicle Communication
    • Vehicle-to-Vehicle Communication
    • Vehicle-to-Infrastructure Communication

    By Offering Analysis:

    • Hardware
    • Software
    • Services

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 27% during the study period (2022-2027)
    The IOT in Automotive is expected to be around US$ 169 Billion by 2027
    The segment included in IOT in Automotive Market is Application, Connectivity Form Factor, Communication Type, Offering and region.
    Some key players operating in the IOT in Automotive Market include Texas Instruments Inc. (U.S.), Intel Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), TOMTOM N.V. (Netherland), IBM Corporation
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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