IoT Automotive Market Size, Share, Trends & Analysis To 2028
The Internet of things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect, collectand exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.Request Sample Report: https://www.eternityinsights.com/request-a-sample/40654
The factors that are contributing significantly to the growth of global IoT Automotive market includes government funding for next-generation communication technologies such as vehicle-to-vehicle and vehicle-to-infrastructure communication; increasing demand for smartphone features in cars; increasing awareness towards safety and security of the passengers; and growth in automobile industry.
In 2020, the global IoT Automotive market size was xx million US$ and it is expected to reach xx million US$ by the end of 2028, with a CAGR of xx% during 2021-2028.
This report focuses on the global IoT Automotive status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT Automotive development in United States, Europe and China.
The key players covered in this study
• Texas Instruments
• Audi
• IBM
• Cisco
• Apple
• Microsoft
• Intel
• Bosch
• GM
• Ford
Market segment by Type, the product can be split into
• In-vehicle Communication
• Vehicle-to-vehicle Communication
• Vehicle-to-infrastructure Communication
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Market segment by Application, split into
• Navigation
• Telematics
• Infotainment
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
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The study objectives of this report are:
• To analyze global IoT Automotive status, future forecast, growth opportunity, key market and key players.
• To present the IoT Automotive development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of IoT Automotive are as follows:
• History Year: 2017-2020
• Base Year: 2020
• Estimated Year: 2020
• Forecast Year 2021 to 2028
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