Global Internet of Things in Automotive Market Size and Forecast

The global Internet of Things in Automotive market size was valued at US$ 128.09 Bn. in 2023 and is projected to reach US$ 671.37 Bn. by 2030, growing at a CAGR of 26.7 % during the forecast period.

Market Overview:

The Internet of Things in Automotive market report highlights recent developments, trade regulations, import-export analysis, business models, value chain optimization, and market share. It also assesses opportunities in emerging income pockets, market restrictions, tactical growth, sales volume, segment growth, application niches, product approvals, releases, and regional performance.

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Market Scope:

In a highly competitive environment, the report provides detailed information on competitors, including business overviews, financials, revenue, market potential, R&D investments, new market efforts, geographical presence, firm strengths and weaknesses, product introductions, and application dominance. The focus is on the Internet of Things in Automotive industry.

Drivers:

The report also covers major restraints and drivers affecting the Internet of Things in Automotive market.

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

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Key Players:

The major players covered in the Internet of Things in Automotive market report include:

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)

Regional Analysis:

The report explores the factors driving the global Internet of Things in Automotive market's growth, including user demographics, market participants, geographic regions, and special requirements. It provides a comprehensive evaluation of all significant developments across market sectors using statistics, infographics, and demonstrations.

COVID-19 Impact Analysis on Internet of Things in Automotive Market:

The COVID-19 pandemic caused a significant decline in production utilization, travel bans, and facility closures, leading to a slowdown in the Internet of Things in Automotive market in 2020. The report includes insights, analysis, estimations, and projections regarding COVID-19's impact on the Internet of Things in Automotive market.

Key Questions Answered in the Internet of Things in Automotive Market Report:

• Which segment held the largest share in the Internet of Things in Automotive market?
• What was the competitive scenario of the Internet of Things in Automotive market in 2020?
• What are the key factors driving growth in the Internet of Things in Automotive market?
• Which region held the maximum share in the Internet of Things in Automotive market in 2020?

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