Press release
North America IoT in Automotive Market is expected to garner USD 46.28 billion by 2023 with By Major Vendors: Cisco, Ford, IBM, Microsoft, AT&T
The internet of things (IoT) allows access to 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 internet of things (IoT) is reshaping the automotive sector in an extensive way. North America is a pioneer in adopting most technological innovations and advancements, so the adoption of IoT in North America in the automotive sector has been profound. North America is the highest revenue generating geography for the IoT in automotive market. The increasing adoption of connected devices and rapid digitalization across various end-use applications have fueled the growth of automotive IoT in this region and the market is at a mature stage in countries like U.S. and Canada. According to Netscribes, the North America IoT in automotive market is projected to grow at a compound annual growth rate (CAGR) of 28.23% leading to a revenue of USD 46.28 Bn by 2023.
Download Free Report Sample (PDF) Here: https://www.researchreporthub.com/report/north-america-iot-in-automotive-market/11369/#requestforsample
The North America IoT in automotive market is classified into three primary segments
- based on connectivity form: tethered, integrated, embedded
- based on communication type: vehicle to vehicle, in-vehicle, vehicle to infrastructure
and based on application: navigation, telematics, and infotainment
The infotainment segment is expected to show the highest growth rate in the region owing to the demand for rear seat digital entertainment and upcoming technologies like satellite radios, etc. which will be aided by the adoption of IoT based sensors.
Within the communication type segmentation, the vehicle to vehicle segment is expected to register a high growth rate through the forecast period 2018-2023.
Key growth factors
Huge demand for self-driving cars in the North America region is being witnessed owing to the high purchasing power as well as access to superior technology. This is driving the IoT in automotive market forward in North America. Also, use of IoT for car health diagnostics is expected to be an important factor in the future. The measures taken for environment safety like reduction in pollution will further supplement the need for regular information on the health of a car. This is expected to further upscale the demand for IoT in automotive.
Threats and key players
Users in the North America region are uncomfortable with IoT tracking their ride. Being connected all the time might lead to invasion of privacy. Thus, the users for whom privacy is very important may not want solutions like IoT to track their daily movements. This can challenge the growth of the market.
Given North Americas rigidity on regulatory issues and government permissions, adoption of IoT in automotive can be critical due to various legal procedures relating to consumer privacy and data protection.
Major players in the North America IoT in automotive market are Cisco, Ford, IBM, Microsoft, AT&T, etc.
Get Discount & Customization of this Report Here: https://www.researchreporthub.com/report/north-america-iot-in-automotive-market/11369/
Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered
1.3. Executive summary
Chapter 2: North America IoT in automotive market - overview
2.1. North America market overview - market trends, geography wise market revenue (USD)
2.2. North America - market drivers and challenges
2.3. Value chain analysis
2.4. Porters Five Forces analysis
2.5. Market size- by connectivity form (tethered, integrated, embedded)
2.5. a. Tethered revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. b. Embedded revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. c. Integrated revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. Market size- By communication type (vehicle to vehicle, in-vehicle, vehicle to infrastructure)
2.6. a. Revenue from vehicle to vehicle- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. b. Revenue from in vehicle - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. c. Revenue from vehicle to infrastructure - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.7. Market size- By application (navigation, telematics, infotainment)
2.7. a. Revenue from navigation - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.7. b. Revenue from telematics - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.7. c. Revenue from infotainment - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 3: North America IoT in automotive market- by countries
3.1. The U.S.
3.1.1. Market overview- market trends, market attractiveness analysis, geography wise market revenue (USD)
3.1.2. The U.S. - market drivers and challenges
3.1.3. Market size- by connectivity form (tethered, integrated, embedded)
3.1.3. a. Tethered revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.3. b. Embedded revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.3. c. Integrated revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.4. Market size- By communication type (vehicle to vehicle, in-vehicle, vehicle to infrastructure)
3.1.4. a. Revenue from vehicle to vehicle - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.4. b. Revenue from in vehicle - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.4. c. Revenue from vehicle to infrastructure - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.5. Market size- By application (navigation, telematics, infotainment)
3.1.5. a. Revenue from navigation - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.5. b. Revenue from telematics - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.5. c. Revenue from infotainment - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2. Canada
3.2.1. Market overview- market trends, market attractiveness analysis, geography wise market revenue (USD)
3.2.2. Canada - market drivers and challenges
3.2.3. Market size- by connectivity form (tethered, integrated, embedded)
3.2.3. a. Tethered revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.3. b. Embedded revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.3. c. Integrated revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.4. Market size- By communication type (vehicle to vehicle, in-vehicle, vehicle to infrastructure)
3.2.4. a. Revenue from vehicle to vehicle- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.4. b. Revenue from in vehicle - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.4. c. Revenue from vehicle to infrastructure - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.5. Market size- By application (navigation, telematics, infotainment)
3.2.5. a. Revenue from navigation - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.5. b. Revenue from telematics - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.5. c. Revenue from infotainment - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 4: Competitive landscape
4.1. Cisco (*)
4.1.a. Company snapshot
4.1.b. Product offerings
4.1.c. Growth strategies
4.1.d. Initiatives
4.1.e. Geographical presence
4.1.f. Key numbers
4.2. Ford
4.3. IBM
4.4. Microsoft
4.5. AT & T
4.6. TomTom
4.7. Google
Get Complete TOC with Figures and Tables Here: https://www.researchreporthub.com/report/north-america-iot-in-automotive-market/11369/#toc
Research Report Hub
Research Report Hub offers wide-ranging collection of market research reports under virtually every market verticals and sub-categories from different publishers across the globe. We offer reliable market intelligence reports and report customization services to better understand current and projected market scenarios. It also gives a clearer depiction of industries and facilitates to simply perceive competitor activity in the respective industry. Our services are also geared towards helping organizations procure market reports at the finest price.
Research Report Hub
20 Hanover Square
Mayfair, London W1S 1JY, UK
sales@researchreporthub.com
Web: www.researchreporthub.com
Find us on:
https://www.facebook.com/reasearchreporthub/
https://twitter.com/hub_report
https://www.linkedin.com/company/research-report-hub/
sales@researchreporthub.com
UK: +44 7441 906751
(US/CAN TOLL FREE):1 888-247-2308
Asia: +91 84484 44687
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release North America IoT in Automotive Market is expected to garner USD 46.28 billion by 2023 with By Major Vendors: Cisco, Ford, IBM, Microsoft, AT&T here
News-ID: 1533098 • Views: …
More Releases from Research Report Hub
Global Wine Market is Booming with Market Strategies Adopted By Key Players like …
Wine is an alcoholic drink produced by the fermentation of grapes or other fruits.
Scope of the Report:
The Wine industry concentration is very low; there are about many manufacturers or wineries in the world, and the products mainly from Italy, France, Spain, Australia and USA.
Global manufactures mainly distributed in Europe, Australia and USA. The wineries in Europe have a long history and unshakable status in this field. Wineries in France relative…
Global Microfiber Leather Market Emerging Trends and Prospects by leading Player …
Microfiber leather is a cross-industry product, its development of technology and application related to textiles, plastics, chemicals and other field. The main raw materials of microfiber leather are polyurethane pulp, low density polyethylene, nylon chips, etc.
Download Free Report Sample (PDF) Here:https://www.researchreporthub.com/report/global-microfiber-leather-market-2/47195/#requestforsample
Scope of the Report:
Microfiber Leather production are mainly concentrated in China and Japan at present, the output of this two regions occupy global production more than 80%. Microfiber leather production…
Global Data Monetization Market 2018-2025 Growth Analysis by Key Players, Accent …
Data monetization, a form of monetization, is the act of generating measurable economic benefits from available data sources. Typically these benefits accrue as revenue or expense savings, but may also include market share or corporate market value gains. Data monetization leverages data generated through business operations, available exogenous data or content, as well as data associated with individual actors such as that collected via electronic devices and sensors participating in…
Global Wireline Services Market Emerging Trends and Prospects by leading Players …
Wireline Service is the routine maintenance of a wellbore with wireline tools or any other devices so that well completion operations can be further worked upon. The service uses a cabling technology that a wireline service provider in oil and gas exploration and production business provides. This cabling technology together with the tools perform functions like intervening, pipe recovery and reservoir evaluation, etc.
Download Free Report Sample (PDF) Here:https://www.researchreporthub.com/report/global-wireline-services-market/47193/#requestforsample
Scope of the…
More Releases for USD
Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements
Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and…
Bamboo Clothing Market: USD 1.83B to USD 3.27B by 2030
Bamboo Clothing Market Poised for Robust Growth with Sustainability and Eco-Friendly Trends Driving Demand
The global bamboo clothing market is experiencing substantial growth, spurred by a significant shift towards sustainable fashion and eco-friendly materials. As consumers become increasingly conscious of their environmental impact, bamboo fabric-known for its natural, biodegradable properties-is gaining popularity in the fashion industry. This market is expected to continue its upward trajectory, driven by rising demand for eco-conscious…
Biometrics Market: "Biometrics: USD 34.3B to USD 112.4B by 2031"
Biometrics Market Market Scope:
Key Insights : Biometrics Market size was valued at USD 34.3 billion in 2022 and is poised to grow from USD 39.1 billion in 2023 to USD 112.4 billion by 2031, growing at a CAGR of 14.1% during the forecast period (2024-2031).
Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/biometrics-market
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/biometrics-market
In-Depth Exploration of the global Biometrics…
Advanced (3D/4D) Visualization Systems Market Size, Trends, Growth, Share to sur …
Fatpos Global has carefully studied specific areas, such as application and product type, in the global Advanced (3D/4D) Visualization Systems Market research study. During the predicted period of 2022 to 2032, each kind gives data on sales. The Advanced (3D/4D) Visualization Systems Market analysis examines into the characteristics and financials of the leading participants.
As per the analysis research report, the Advanced (3D/4D) Visualization Systems Market to…
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
