Internet of Things in Automotive Market Trends, Growth Factors, Size, Segmentation and Forecast to 2029


Posted September 6, 2023 by nirankammr

Internet of Things in Automotive Market size was valued at USD 101.10 Bn. in 2022 and the total revenue is expected to grow by 26.7% from 2023 to 2029, reaching nearly USD 529.92 Bn.

 
Internet of Things in Automotive Market Overview

Maximize Market Research’s new report, Global Internet of Things in Automotive Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2021-2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Internet of Things in Automotive market.

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Internet of Things in Automotive Market Scope and Methodology

The report comprehensively assesses the Internet of Things in Automotive market’s size estimation, encompassing existing and upcoming trends. It delivers an extensive examination of pivotal advancements, marketing tactics, supply and demand indicators, and profiles of market proprietors, leaders, potential contenders, and new entrants. Employing a bottom-up approach, the report estimates the Internet of Things in Automotive Market. Primary data sources involve interviews with notable industry experts, business owners, and marketing specialists, while secondary sources encompass financial reviews and annual reports of top manufacturers. For comprehensive insights into market penetration, competitive landscape, demand analysis, and regional evaluation, the study spans local, regional, and global levels.

Internet of Things in Automotive Market Dynamics:

The Internet of things in automotive market is revolutionizing the automotive industry that making driving & traveling safer and more effective thanks to the Internet of Things. Automobiles connected to the internet can diagnose issues & prevent system failure from the standpoint of automotive internet of things. This can simply avoid any inconveniences in the event of a car breakdown. Preventative maintenance reduces the price of repair and upkeep, saving the manufacturer money on warranty costs. Additionally, the connectivity of automobiles with nearby infrastructure aids in preventing accidents & disasters. The Automotive Internet of Things also offers in advance details about traffic conditions and potential dangers, providing secure travel. As a result, these factors are expected to boost the Internet of things in automotive market growth through the forecast period.

Internet of Things in Automotive Market Regional Insights

The Internet of Things in Automotive market exhibits extensive categorization across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis furnishes the current status of the Internet of Things in Automotive market within the countries covered. This report offers a comprehensive assessment of factors, market dimensions, growth rates, and regional import-export dynamics.

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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

Internet of Things in Automotive Market 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)

Key questions answered in the Internet of Things in Automotive Market are:

What is Internet of Things in Automotive ?
What was the Internet of Things in Automotive market size in 2022?
What are the different segments of the Internet of Things in Automotive Market?
What growth strategies are the players considering to increase their presence in Internet of Things in Automotive ?
What are the upcoming industry applications and trends for the Internet of Things in Automotive Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Internet of Things in Automotive Market?
Who are the key players in the Internet of Things in Automotive market?
What segments are covered in the Internet of Things in Automotive Market?
Who are the leading companies and what are their portfolios in Internet of Things in Automotive Market?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By MMR
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Categories Affiliate Program , Blogging , Business
Tags internet of things in automotive market , internet of things in automotive market size , internet of things in automotive market share
Last Updated September 6, 2023