The Global IoT in Automotive Market report provides vital
information that prepares market players to give fierce competition to their
toughest competitors based on growth, sales, and revenue, among other essential
factors. The research study sheds light on the key growth opportunities and
market trends along with other vital market dynamics, including the drivers and
restraints on the industry growth. With this report, the prospective buyers can
be sure to become capable of adapting to the changes in the IoT in Automotive industry.
The North American segment is estimated to contribute over 38 percent to the
market’s incremental growth. The countries in the region are concentrating on
developing their chemical infrastructure. Furthermore, the region also consists
of several leading oil-producing companies such as the US, Mexico, and
Venezuela. The concentration of leading markets combined with the growing
demand for oil and chemical products will boost the need for IoT in Automotive
in the region. The global IoT in Automotive market was valued at xx million US$
in 2018 is expected to reach xx million US$ by the end of 2026, growing at a
CAGR of xx% during 2019-2026.
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The Internet of Things (IoT) allows access
of things from a remote place through computing devices and network
communications, guarantees enhanced accuracy and efficiency to send and receive
data without much human interaction, and helps accelerating the integration of
the world into computer based systems. The adoption of IoT is reshaping the
automotive sector in an extensive way.
The major players covered in this report
are:
Cisco, Ford, IBM, Microsoft, AT&T
Cisco, Ford, IBM, Microsoft, AT&T
The IoT in Automotive study sheds light on
industry profiles across several countries and regions. The extensive document
is a rich source of information on market size, share and growth rate. The
industry profiles discussed in the IoT in Automotive report further identifies
market segmentation, profit, and competitive landscape and offers forecast
information on industry performance and trends for the period, 2019 to 20256
The detailed report offers comprehensive analyses about a particular market
situation within a geographic region.
Most important types of IoT in Automotive
products covered in this report are:
·
Vehicle
To Vehicle
·
In-Vehicle
·
Vehicle
To Infrastructure
Most widely
used downstream fields of IoT in Automotive market covered in this report are:
·
Navigation
·
Telematics
·
Infotainment
Understanding
the market size
The size of the IoT in Automotive market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the IoT in Automotive report.
The size of the IoT in Automotive market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the IoT in Automotive report.
Knowing the
trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Key growth
factors
High
demand for connected cars is being witnessed all over the globe. The global
number of cars on the road is expected to double by 2040 and of this at least
80%-90% are expected to be cars connected through IoT. The sensors in the car
will be able to constantly communicate with the manufacturer to send data on
the status of components in real-time which the manufacturers can analyze to
derive meaningful information.
Also,
due to the increase in disposable income of people, infotainment services
inside the car are also becoming very important to them. People expect their
digital lifestyles to be extended into their cars with the help of IoT, etc.
These are expected to accelerate the market.
How
geography and sales fit together
The
study works as a boon for all business owners trying to identify the exact size
of the target audience in a specific geographic location. IoT in Automotive
enables entrepreneurs to determine the regional market for their business
expansion. The study answers the questions below:
•
Where do the requirements come from?
•
Where do non-potential customers reside?
•
What is the buying behaviour of the customers dwelling in a
particular area?
•
What is the spending power of the customers in a specific region?
What is
covered in the report?
1.
Overview of the global IoT in the automotive market.
2.
Market drivers and challenges in the global IoT in the automotive market.
3.
Market trends in the global IoT in the automotive market.
4.
Historical, current and forecasted market size data for the global IoT in the
automotive market segmentation by connectivity form (tethered, integrated,
embedded)
5.
Historical, current and forecasted market size data for the global IoT in the
automotive market segmentation by communication type (vehicle-to-vehicle,
in-vehicle, vehicle-to-infrastructure)
6.
Historical, current and forecasted market size data for the global IoT in the
automotive market segmentation by application (navigation, telematics,
infotainment) - by revenue (USD Bn).
7.
Historical, current and forecasted regional (North America, Europe, Asia
Pacific, Latin America, Middle East & Africa) market size data (USD Bn) for
the global IoT in the automotive market and its segmentations by connectivity
form (tethered, integrated, embedded), by communication type (vehicle to
vehicle, in-vehicle, vehicle to infrastructure), and by application
(navigation, telematics, infotainment).
8.
Analysis of the competitive landscape and profiles of major companies operating
in the market.
Browse
complete report description @ https://www.marketexpertz.com/industry-overview/iot-in-automotive-market
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