Press release
Driving into the Future: How Automotive Digital Transformation is Revolutionizing the Industry
According to a new report, "Automotive Digital Transformation Market by Component (Hardware, Software, and Service), by Connectivity (Embedded, Tethered, and Integrated), by Communication Type (In-Vehicle Communication, Vehicle-to-Vehicle Communication, and Vehicle-to-Infrastructure Communication), by Application (Infotainment, Navigation, Telematics, Advanced driver assist system, Body Electronics, Safety Systems, Power Electronics, and Others), by Sales Channel (OEM and Aftermarket), and by Vehicle Type (Passenger Vehicle and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2023-2030" The automotive digital transformation can be defined as integration of digital technologies like big data, social media, and cloud computing in a vehicle. The introduction of Artificial Intelligence (AI) and Internet of Things (IoT) in vehicle has revolutionized the automotive industry.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ก๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/request-toc-and-sample/9970
The improved manufacturing process of vehicle combined with automated customer relationship and digital marketing has transformed the work culture in automotive industry. Besides, the real time data of vehicle has opened new gates for innovation in the automotive landscape. Additionally, the possibility of vehicles driving themselves is becoming a reality due to collaboration of advanced digital transformation in automobile. Moreover, the convenience and ease of traveling is now achievable due to automotive digital transformation.
Rise in government expenditure on building vehicle to vehicle (V2V) infrastructure is driving the market of automotive digital transformation. Additionally, increase in sales autonomous and semi-autonomous vehicles are boosting the automotive digital transformation market. Besides, rising internet speeds and integration of vehicle features with smartphones are propelling the automotive digital transformation market. Moreover, growth in technological advancement is fueling the demand for automotive digital transformation. However, underdeveloped cloud infrastructure and rising threat from hackers is restraining automotive digital transformation market. Furthermore, integration of advanced safety features and Advanced Driver Assist System (ADAS) due to automotive digital transformation is proliferating the market growth.
๐๐๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ - https://www.alliedmarketresearch.com/automotive-digital-transformation-market/purchase-options
Mobility-as-a-service to nurture the market growth
With technological advancement due to Artificial Intelligence (AI) and Internet of Things (IoT)in vehicles, the connected living has now become a reality. The integration of smartphone with automotive sector have enabled new possibilities in the research and development landscape. Moreover, the continued emergence and dominance of private and public ride sharing services is expected to dominate the growth of automotive sector in next few years. Besides, the launch of autonomous vehicle is developing the ride sharing experience to a greater extent. In 2018, Waymo LLC launched commercial self-driving car service for users in Phoenix metropolitan area.
By Component
Hardware
Software
Service
By Connectivity
Embedded
Tethered
Integrated
By Communication type
In-Vehicle Communication
Vehicle-to-Vehicle Communication
Vehicle-to-Infrastructure Communication
Key Market Players - Intel, IBM, Microsoft, Robert Bosch, Google, Apple, Texas Instruments, Cisco, NXP Semiconductors, Continental AG
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ - https://www.alliedmarketresearch.com/purchase-enquiry/9970
๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐ญ๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
Q1. Which are the leading market players active in the automotive digital transformation market?
Q2. What are the current trends that will influence the market in the next few years?
Q3. What are the driving factors, restraints, and opportunities in the market?
Q4. What are the projections for the future that would help in taking further strategic steps?
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
Automotive Acoustic Material Market - https://www.alliedmarketresearch.com/automotive-acoustic-material-market-A08447
Automotive Lighting Market - https://www.alliedmarketresearch.com/automotive-lighting-market
Automotive Paints Market - https://www.alliedmarketresearch.com/automotive-paints-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: http://www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Driving into the Future: How Automotive Digital Transformation is Revolutionizing the Industry here
News-ID: 3145698 • Views: โฆ
More Releases from Allied Market Research
Liquid Cheese Market Revenue to Boost Cross $22,474.9 Million, At a Booming 2.6% โฆ
Liquid cheese market size was valued at $17,300.0 million in 2021 and is projected to reach $22,474.9 million by 2031, registering a CAGR of 2.6% from 2022 to 2031.
The liquid cheese market is expanding due to the rising popularity of cheese-infused snacks and the growing consumer preference for convenient, ready-to-use food options. Despite this growth, the presence of alternative products limits market expansion. Nevertheless, the introduction of innovative product offeringsโฆ
Optical Brighteners Market Trend, Technological Advances, Top Players and Future โฆ
As per the latest research report by Allied Market Research, The global optical brighteners market size was valued at $1.1 billion in 2021, and is projected to reach $1.9 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends.โฆ
Choline Chloride Market Trend | Explore the Future Growth Opportunities by 2031
According to the report published by Allied Market Research, the global choline chloride market was estimated at $494.4 million in 2021 and is expected to hit $916.9 million by 2031, registering a CAGR of 6.4% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study isโฆ
Aroma Chemicals Market Trend, Business Opportunities and Growth Prospect, 2031
The aroma chemicals market study assesses the industry's market reach, revenue potential, and growth trajectory while analyzing current regional trends. It also provides a qualitative evaluation across various parameters, including size impact, economic implications, regulatory framework, opportunity analysis, and strategies employed by leading players.
Download Sample Report in PDF Format: https://www.alliedmarketresearch.com/request-sample/A21106
According to a report published by Allied Market Research, the aroma chemicals market is projectedโฆ
More Releases for Vehicle
Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke โฆ
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025?
The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. Theโฆ
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, โฆ
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technologicalโฆ
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V โฆ
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025.
To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245
Global truck platooning market is segmentedโฆ
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, โฆ
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel theโฆ
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, โฆ
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.
Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122
Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission andโฆ
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V โฆ
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),โฆ
