European IoT in Automotive Market Size, Share, Trends, Growth and Industry Analysis Up To 2025

European IoT in automotive market is expected to witness a significant growth rate during the forecast period. Automotive sector is changing at a rapid pace. One of the factors that is indicating the wellbeing of a country is development in transportation. One of the uses of IoT in transportation is its application in electrical vehicle. It is an important tool to reduce the fuel cost as well as the impact of global warming. IoT in transportation eliminates the problems regarding poor fleet management through better analytics and control such as monitoring idling, fuel consumption, travel conditions, and travel time between points.

Get Sample Copy of European IoT in Automotive Market at: https://www.omrglobal.com/request-sample/european-iot-automotive-market

Some of the major players operating in the European IoT in automotive market include AT&T Inc., Ford Motor Company, Robert Bosch GmBH, Toyota Motor Corp. and others.

Connected cars along with the IoT enabled car offers opportunities for consumer as well as automotive manufacturers. Connected car for the consumers is the integration of traffic and navigation information, entertainment, and advanced features including remote diagnostics and maintenance, safety and emergency assistance. While for the manufacturers, it enables valuable insights into vehicle operations and performance, safety services for the lifetime of a vehicle, remote diagnostics, and creates better interaction with customers. Also, the number of automobile production is increasing at a significant rate, in turn creating new opportunities for the IoT in the automobile sector.

For More Information, get A full report of European IoT in Automotive is available at: https://www.omrglobal.com/industry-reports/european-iot-automotive-market

European IoT in automotive market is segmented on the basis of communication component, communication type, and application. Based on the communication component, the market is segmented into hardware, software, and services. Based on the communication type, the market is segmented into in-vehicle communication, vehicle-to-vehicle communication, and vehicle-to-infrastructure communication. Further, based on the application, the market is segmented into infotainment, telematics, and navigation.

European IoT in Automotive Market Segmentation

European IoT in Automotive Market by Communication Component

o Hardware
o Software
o Services

European IoT in Automotive Market by Communication Type

o In-Vehicle Communication
o Vehicle-To-Vehicle Communication
o Vehicle-To-Infrastructure Communication

European IoT in Automotive Market by Application

o Infotainment
o Telematics
o Navigation

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/european-iot-automotive-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

This release was published on openPR.