Press release
Excellent growth of Automotive Internet of Things Market- Comprehensive study by key players:
Automotive Internet of Things
IoT aids in converting large volume of data into meaningful and actionable knowledge and aids in increasing transportation efficiency, automotive safety etc. Rising demand for improving driver’s comfort, safety of passenger, and others has led to increasing adoption of IoT in the automotive sector.
Various application of IoT in automotive include intelligent transportation systems, self-driving (autonomous) cars, smart fleet management etc. and increasing demand for these has led to growth of the market.Increasing deaths due to automotive collisions is a factor for rising adoption of IoT in the automotive industry.
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Scope of the Report:
The global Automotive Internet of Things market size was 25200 million US$ and it is expected to reach 165000 million US$ by the end of 2025, with a CAGR of 26.5% during 2019-2025.
The report is designed to incorporate both qualitative and quantitative aspects of the Automotive Internet of Things Market with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as major drivers & restraining factors which will define the future growth of the market. Also covered segments company profile, type, and applications.
This Study converges on the top players in the global Automotive Internet of Things market:
Apple, AT&T, Audi AG, Cisco Systems, Ford Motor, General Motors, Google, Intel, International Business Machines, Microsoft, NXP Semiconductors N.V, Robert Bosch GmbH, Texas Instruments, Thales Sa, Tomtom N.V
Market segment by Type, the product can be split into
In-Vehicle Communication
Vehicle-To-Vehicle Communication
Vehicle-To-Infrastructure Communication
Market segment by Application, split into
Navigation
Telematics
Infotainment
The report also provides the regional level of the Automotive Internet of Things market analysis and future outlook for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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In this study, the years considered to estimate the market size of Automotive Internet of Things are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The report firstly introduced the Automotive Internet of Things basics: Definitions, segment classifications, outlook and market overview, product specifications, manufacturing processes, company profile analysis, cost structures, raw materials and so on. Moreover, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Some of the major questions are answered:
What are the different types of Automotive Internet of Things equipment and products?
What are the market trends and major developments patterns equipment’s and products?
Who are the key industry pioneers and what is their overall share in the global Automotive Internet of Things market?
What are the multiple used case scenarios considered under various end-users and applications for the market?
What are the different sales, marketing, and distribution channels in the global industry?
Avail complete report of this research with TOC and List of Figures at:
https://www.reportsmonitor.com/report/268257/Automotive-Internet-of-Things-Market
The global Automotive Internet of Things Market report covers the valuable data useful for the estimation of the market and comprehensive figures of the key players along with their growth estimation in the upcoming period. The report implements various elements to process the industry data. The global industry report presents the factors, such as gross margin, consumption, production, export, cost, growth rate, share, size and capacity utilization, impacting on the global Automotive Internet of Things Market.
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