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Internet of Vehicle (IoV) Market Growth Forecast to 2027 – Apple, Audi Ag, Cisco Systems, Ford Motor, Google, IBM Corporation, Intel Corporation, NXP Semiconductor, SAP SE, Texas Instruments

03-11-2019 07:57 PM CET | Tourism, Cars, Traffic

Press release from: The Insight Partners

Internet of Vehicle (IoV) Market Growth Forecast to 2027 –

The global Internet of Vehicle (IoV) market is expanding substantially in the current scenario, pertaining to the rise in vehicle global ID (GID) terminal. It is a communications gateway and integrated or mounted terminal with global ubiquitous network connectivity. The GID helps in tracking the vehicle with global identification functionality and global positioning systems with in-vehicle sensors. The advancement in automotive technology has risen the interest among the automotive industry players to adopt the IoV technology, which is key factor in driving the Internet of Vehicle market. Asia Pacific automotive industry is booming in the current market scenario, which is expected to create substantial market space for players operating in Internet of Vehicle market.

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The technology which facilitates vehicles to connect to other vehicles in the vicinity and also to different infrastructures, is known as Internet of Vehicles (IoV). The demand for Internet of Vehicle market is growing at a rapid rate owing to the fact that, the military forces are increasingly adopting the technology in order to simplify the connectivity between different vehicles on and off battlefield. Also the commercial automotive industry is also adopting the technology attributing to the exponential penetration of internet infrastructure and rising adoption of advanced technologies in automotive industry.

Companies profiled in this report includes, Apple Inc., Audi Ag, Cisco Systems, Ford Motor Company, Google, IBM Corporation, Intel Corporation, NXP Semiconductor, SAP SE, Texas Instruments among others.

The "Global Internet Of Vehicle Market Analysis to 2027" is a specialized and in-depth study of the telecom, media and telecommunication industry with a special focus on the global internet of vehicle market trend analysis. The report aims to provide an overview of internet of vehicle market with detailed market segmentation by components, connectivity and geography. The global internet of vehicle market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading internet of vehicle market players and offers key trends and opportunities in the market.

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Key questions answered in the report include
• What will the market size and the growth rate be in 2027?
• What are the key factors driving the global Internet Of Vehicle market?
• What are the key market trends impacting the growth of the Internet Of Vehicle market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global Internet Of Vehicle market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the Internet Of Vehicle market?

The overall Internet Of Vehicle market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Internet Of Vehicle market.

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

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