Press release
Internet of Things in Automotive Market to reach USD 529.92 Bn by 2029, emerging at a CAGR of 26.7 percent and forecast 2023-2029
Internet of Things in Automotive Market
The Internet of Things in Automotive Market was valued at USD 101.10 Billion in 2022, with an expected growth rate of 26.7% from 2023 to 2029, reaching nearly USD 529.92 Billion.
Maximize Market Research Pvt Ltd is pleased to announce the release of its comprehensive market research report on the Global Internet of Things in Automotive Market. The report provides an in-depth analysis of market trends, drivers, restraints, and regional insights, forecasting revenue growth at global, regional, and country levels from 2023 to 2029.
Our research methodology involved primary interviews and secondary data sources to collect qualitative and quantitative data for the report. Industry professionals, including CEOs, vice presidents, marketing directors, technology & innovation directors, and other executives from significant firms in the automotive IoT market, were interviewed. Additionally, secondary sources such as annual reports, press announcements, white papers, journals, and certified publications were utilized.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/10421
Internet of Things in Automotive Market Dynamics:
The integration of the Internet of Things (IoT) into the automotive sector is driving a revolutionary change in the industry, significantly enhancing safety and efficiency in driving and travel. With vehicles connected to the internet, issues can be diagnosed and system failures prevented through automotive IoT solutions, mitigating the inconvenience of breakdowns. This proactive approach to maintenance not only lowers repair costs but also reduces warranty expenses for manufacturers. Furthermore, the connectivity of vehicles with surrounding infrastructure plays a crucial role in accident prevention and disaster mitigation. By providing advanced information about traffic conditions and potential hazards, the Automotive Internet of Things ensures safer travel experiences. These advancements are anticipated to fuel growth in the Internet of Things in the automotive market throughout the forecast period.
Internet of Things in Automotive Market Regional Insights:
In 2022, Europe emerged as the dominant force in the IoT automotive market, closely followed by North America, Asia-Pacific, South America, the Middle East, and Africa. However, projections indicate that the Asia-Pacific region will experience significant growth during the forecast period. This growth can be attributed to the region's rapidly expanding economies, the proliferation of high-speed networks and internet access, ongoing technological advancements in the automotive industry, and governmental initiatives aimed at developing smart cities and implementing intelligent traffic management systems.
Meanwhile, North America is poised to maintain its position as a key player in the IoT automotive market, with Canada and the United States emerging as newly emerging economies. This trend is reinforced by substantial investments in research and development by various prominent businesses in the region. North America's leadership in the Internet of Things in the Automotive Market is further bolstered by its population's high awareness levels and purchasing power for new technologies.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/10421
Internet of Things in Automotive Market Segmentation:
by Application
Infotainment
Navigation
Telematics
by Connectivity Type
Embedded
Tethered
Integrated
by Communication Type
In-vehicle
vehicle to vehicle
vehicle to infrastructure
by Offering
Hardware
Service
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/10421
Internet of Things in Automotive Market Key Players:
1. Qualcomm (US)
2. Intel Corporation (US)
3. NVIDIA. (US)
4. Texas Instruments Inc (US)
5. Aeris Communications, Inc. (US)
6. Amazon Web Services, Inc. (US)
7. Avnet, Inc. (US)
8. Zoho Corporation- WebNMS (US)
9. IBM Corporation (US)
10.Cisco Systems Inc (US)
11.AT&T Inc (US)
12.Microsoft (US)
13.Apple (US)
14.Google Inc (US)
15.Moj.io, Inc. (Canada)
16.Vodafone Group Plc (UK)
17.AppyParking (UK)
18.NXP Semiconductors N.V. (Netherlands)
19.Audi Ag (Germany)
20.CarIQ (India)
21.Evoke Motorcycles (Hong Kong)
22.Advantech Co., Ltd (Taiwan)
23.LG CNS (South Korea)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-internet-things-iot-automotive-market/10421/
Table of content for the Internet of Things in Automotive Market includes:
1. Global Internet of Things in Automotive Market: Research Methodology
2. Global Internet of Things in Automotive Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Internet of Things in Automotive Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Related Report:
Paraffin Inhibitors Market : https://www.maximizemarketresearch.com/market-report/paraffin-inhibitors-market/147995/
Natural Stone and Marble Market : https://www.maximizemarketresearch.com/market-report/natural-stone-and-marble-market/148185/
Desiccant Market : https://www.maximizemarketresearch.com/market-report/desiccant-market/148807/
Functional Films Market : https://www.maximizemarketresearch.com/market-report/functional-films-market/123538/
Global Aerofoils Market : https://www.maximizemarketresearch.com/market-report/global-aerofoils-market/71949/
Immersion Cooling Fluids Market : https://www.maximizemarketresearch.com/market-report/immersion-cooling-fluids-market/161385/
Linux Operating System Market : https://www.maximizemarketresearch.com/market-report/linux-operating-system-market/148096/
Sodium Ion Battery Market : https://www.maximizemarketresearch.com/market-report/sodium-ion-battery-market/147535/
Automotive Turbocharger Market : https://www.maximizemarketresearch.com/market-report/global-automotive-turbocharger-market/4618/
Avascular Necrosis Market : https://www.maximizemarketresearch.com/market-report/avascular-necrosis-market/188352/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Internet of Things in Automotive Market to reach USD 529.92 Bn by 2029, emerging at a CAGR of 26.7 percent and forecast 2023-2029 here
News-ID: 3368933 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F …
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion.
Automotive Telematics Insurance Market Overview:
The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around the…
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T …
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030
Artificial Intelligence in Agriculture Market Overview:
The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plant…
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a …
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million.
Offshore Support Vessels Industry Overview:
The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshore…
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 …
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion.
Commercial Vehicles Market Overview:
The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehicles…
More Releases for Internet
Quantum Internet Alliance launches Quantum Internet Application Challenge
Quantum enthusiasts get a chance to co-create the future quantum internet
DELFT, THE NETHERLANDS-The Quantum Internet Alliance (QIA) has announced the launch of its first ever Quantum Internet Application Challenge (https://quantuminternetalliance.org/quantum-internet-application-challenge-2023/), an initiative encouraging quantum enthusiasts to take part in shaping the future of the quantum internet.
"The role of the community-from students and enthusiasts to scientists and industry leaders-in our mission of building a global quantum internet is pivotal. And the…
Rural Internet Market is Booming Worldwide | AT&T Internet, Ziply Fiber, HughesN …
The latest study released on the Global Rural Internet Market by AMA Research evaluates market size, trend, and forecast to 2028. The Rural Internet market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download Sample Report…
Internet of Things Devices Market - Extending Internet Connectivity Beyond Stand …
This study researches the market size of Internet of Things Devices in United States, European Union and China, presents the Internet of Things Devices production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share…
Internet of Things Market - ZigBee Leads Global Internet of Things Market
Global Internet of Things Market: Overview
The Internet of Things refers to the interrelated devices that are able to transfer data over a network without requiring computer and human interaction devices. Internet of Things is directly and indirectly associated with daily lifestyle products across the globe. Internet connectivity is one of the major requirements of different application as it is expected to grow at high rate in next forecast period. Furthermore,…
Sextillion Internet Possibilities
arvato Systems is introducing a new Internet Protocol Standard, IPv6
arvato Systems (Gütersloh, Germany) -- The number of IP addresses available is in decline. Without them, the internet cannot function. That’s why arvato Systems is heeding the Internet Society’s call to action, and participating in this year’s IPv6 launch day. The new protocol will exponentially expand the number of available IP addresses.
IPv6, or ‘Internet Protocol Version 6’ is a new Internet…
New Internet Marketing Platform Released to Help Internet Marketers
The Six Figure Mentors, a new UK-based company, is finally ready to be launched in cyberspace on December 9th, 2010.
Created by Stuart Ross and Daniel Wagner, two very experienced Internet marketers, the new platform aims at teaching new Internet marketers how to set and manage their own business. According to Ross, "I created this system to address the frustrations I had, which are shared by the majority of internet…
