IOT in Automotive Market Growth and Outlook

The IOT in Automotive Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global IOT in Automotive Market Size is Projected to Reach at a CAGR of 25.6% during 2022-2027.

 

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RECENT DEVELOPMENTS:

April 4, 2011

Texas Instruments Incorporated (TI) (NYSE: TXN) and National Semiconductor (NYSE: NSM) today announced they have signed a definitive agreement under which TI will acquire National for $25 per share in an all-cash transaction of about $6.5 billion.  The acquisition combines two industry leaders in analog semiconductors, each with unique strengths in delivering products to improve performance and efficiency and convert real-world signals in electronic systems.  The boards of directors of both companies have unanimously approved the transaction.

MARKET OVERVIEW:

Connected car devices essentially assist in monitoring vehicles and drivers. These devices also update private automobile owners and fleet managers about their vehicles’ performance, pertaining to fuel economy index, emissions, on-board diagnostics (OBD), vehicle maintenance, and recalls. Some devices also provide GPS tracking and real-time alerts.
The major factors that are driving the market are the increasing occurrences of vehicle theft, and a robust spike in the number of road accidents, particularly due to unsafe driving habits, such as over-speeding, hard cornering, and unmanageably dense traffic. 

Top Leading Companies:

Vodafone, Intel Corporation, Cisco, TomTom, NXP Semiconductors, Texas Instruments

IOT in Automotive Market Segmentation by Type:

Embedded
Tethered
Integrated

IOT in Automotive Market Segmentation by Application:

Navigation
Telematics
Infotainment

 

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Regional IOT in Automotive Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the IOT in Automotive Market Report:

Detailed overview of IOT in Automotive Market
Changing the IOT in Automotive Market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected IOT in Automotive market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of IOT in Automotive Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the IOT in Automotive Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. IOT in Automotive Industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

–country Level analysis for any 5 countries of your choice.

– Competitive analysis of any 5 key market players.

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