Automotive IoT, as the name suggests, is the integration of IoT invehicle vehicles, allowing for in-vehicle, vehicle-to-vehicle, and vehicle-to-infrastructure communication. Increasing consumer inclination towards autonomous driving vehicles is one of the major factors for growth of the automotive IoT market over the forecast period. Driverless cars require large volume of data for analysis and are connected with cloud based traffic and navigation services, which aids them in navigating on roads. This has led to increasing demand for internet connectivity in automotive vehicles.
Rising demand for Internet in automotive vehicles, owing to increasing application in infotainment system, navigation system, and telematics systems is one of the major factors for growth of the IoT in the automotive industry. According to Coherent Market Insights, it is projected that by 2020 around 250 million cars would be Internet connected, globally. In addition to this, high investment in autonomous cars by various market leaders is also expected to be another factor for growth of the market. For instance, in 2017, SoftBank Group Corp.—a Japan-based telecommunication company—General Motors, and BMW invested US$ 159 million in Nauto— a U.S.-based driverless car startup.
- This report provides an in-depth analysis of the automotive IoT market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2025), considering 2016 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global automotive IoT market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include 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, and Tomtom N.V.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global automotive IoT market report caters to various stakeholders in this industry, including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the automotive IoT market.
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- Hardware
- Software
- Services
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- Embedded
- Tethered
- Integrated
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- In-Vehicle Communication
- Vehicle-To-Vehicle Communication
- Vehicle-To-Infrastructure Communication
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- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
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- 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.
