Internet of Things in Automotive Market Growth, Trends, COVID-19 Impact, and Forecasts 2029
Internet of Things in Automotive Market size was valued at USD 79.80 Bn. in 2021 and the total revenue is expected to grow by 26.7% from 2022 to 2029, reaching nearly USD 529.93 Bn.
Internet of Things in Automotive Market Overview:
The Internet of Things in Automotive market competitive landscape separates information by a competitor. The facts include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, product width and breadth, and application dominance. The preceding data points are solely relevant to the businesses' concentration on the Internet of Things in Automotive market.
Market Scope:
This Internet of Things in Automotive market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic expansion. Please contact Maximize Market Research for an Analyst Brief for more information on the Internet of Things in Automotive market; our specialists will aid you in making an informed market choice to achieve market growth.
Get a Sample PDF of the Report at :@ https://www.maximizemarketresearch.com/request-sample/10421
Segmentation:
Integrated connectivity segment held the highest share of the automotive IoT market in the year 2021. The significant portion of this connectivity is primarily due to the rising popularity of infotainment applications & services, which are accessible via smart devices like smartphones. Additionally, OEMs like Audi offer "Audi connect" smartphone integrated connectivity solutions to address the need for integrated connectivity. These solutions give drivers access to internet radio, music streaming, & social networking while driving. Automotive IoT industry is dominated by infotainment applications in the year 2021. The significant market share of industry is related to the rising demand for infotainment in mobility services (like ride-sharing or taxi services), the rising popularity of luxury automobiles, & the growing emphasis on comfort, convenience, & safety. However it is expected that the Telematics will experience substantial growth during the forecast period.
Key Players:
• Vodafone Group Plc(UK)
• AppyParking(UK)
• Texas Instruments Inc(US)
• CarFit(US)
• SnapBack(US)
• Qualcomm(US)
• Intel(US)
• NVIDIA.(US)
• Intel Corporation(US)
• IBM Corporation(US)
• Cisco Systems Inc(US)
• General Motors(US)
• AT&T Inc(US)
• Microsoft(US)
• Apple(US)
• Google Inc(US)
• NXP Semiconductors N.V.(Netherlands)
• Audi Ag(Germany)
• CarIQ(India)
• Evoke Motorcycles(China)
The following are the key players of the Internet of Things in Automotive market-
Regional Analysis:
The geographical section of the research also includes individual market influencing variables and changes in market regulations that affect current and future market trends. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Internet of Things in Automotive Market: The research also addresses the impact of COVID-19 on the Internet of Things in Automotive market. The fundamental purpose of this study is to aid the user in understanding the market in terms of definition, segmentation, market potential, noteworthy trends, and industry challenges across 10 key regions. The study provides a micro and macroeconomic analysis of the total impact of COVID-19 on the Internet of Things in Automotive Market. The specific analysis focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the global Health Insurance Market in the next years.
Key Questions Answered in the Internet of Things in Automotive Market Report are:
- What will be the CAGR of the Internet of Things in Automotive market during the forecast period (2021-2029)?
- Which segment emerged as the leading segment in the Internet of Things in Automotive market?
- Which are the prominent players in the Internet of Things in Automotive market?
- What key trends are likely to emerge in the Internet of Things in Automotive market in the forecast period?
- What will be the Internet of Things in Automotive market size by 2029?
- Which company held the largest share in the Internet of Things in Automotive market in 2021?
About Us:
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT Park Phase 2,
Pune Banglore Highway,
Narhe, Pune, Maharashtra 411041, India.
Email: sales@maximizemarketresearch.com
Phone No.: +91 20 6630 3320
Website: www.maximizemarketresearch.com