Automotive Internet of Things (IoT) Market – New Technological Development Projecting Massive Growth till 2028

In an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global Automotive Internet of Things (IoT) market. The report provides in-depth insights on the Automotive Internet of Things (IoT) market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Automotive Internet of Things (IoT) market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The Automotive Internet of Things (IoT) market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Automotive Internet of Things (IoT) market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Automotive Internet of Things (IoT) market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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Automotive Internet of Things (IoT) Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Automotive Internet of Things (IoT) market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Automotive Internet of Things (IoT) market report.

Examples of some of the market participants identified across the value chain of the Automotive Internet of things (IoT) market are:

  • Google Inc.
  • IBM Corporation
  • Microsoft Corp.
  • Apple Inc.
  • Cisco Systems Inc.
  • Robert Bosch GmbH
  • Intel Corporation
  • Cisco Systems Inc.
  • General Motors

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Automotive Internet of Things (IoT) Market: Segmentation

To analyze the Automotive Internet of Things (IoT) market effectively and efficiently, the information has been segregated into key segments and sub-segments.

Market segmentation of the Automotive Internet of things (IoT) market on the basis of its offerings:

  • Hardware
  • Software
  • Services

Market segmentation of the Automotive Internet of things (IoT) market on the basis of connectivity:

  • In-Vehicle Communication
  • Vehicle-to-Vehicle Communication
  • Vehicle-to-Infrastructure Communication

Market segmentation of the Automotive Internet of things (IoT) market on the basis of its form factor:

  • Embedded
  • Tethered
  • Integrated

Market segmentation of the Automotive Internet of things (IoT) market on the basis of its application:

  • Infotainment
  • Navigation
  • Telematics

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Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of Automotive Internet of Things (IoT) in different regional markets?
  • At what rate has the global Automotive Internet of Things (IoT) market been expanding during the forecast period?
  • How will the global Automotive Internet of Things (IoT) market look like by the end of the forecast period?
  • What innovative technologies are the Automotive Internet of Things (IoT) market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Automotive Internet of Things (IoT) market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Automotive Internet of Things (IoT) market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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