Global Automotive Internet of Things Market Growth Driven by Launch of Vehicles with IoT Platforms – AT&T Inc., Thales Sa, Apple, Inc., and Tomtom N.V.
Coherent Market Insights
The global Automotive Internet of Things market is estimated to account for US$ 165.5 Billion by 2025
The automotive industry has gone through revolutionary changes in the last decade, as companies have embraced the latest technology and made big leaps forward. Today, the Internet of Things has brought a new era of innovation to the industry, as the ‘things’ that drive cars can now be connected to one another. This means improved safety and passenger comfort, along with lowered fuel and maintenance costs. As the Internet of Things grows in popularity, it will have more opportunities to improve the lives of drivers and passengers.
Major players operating in the global automotive internet of things market include, Intel Corporation., Google Inc., International Business Machines (IBM) Corporation, General Motors, Microsoft Corporation, Ford Motor Company, NXP Semiconductors N.V., Cisco Systems, Inc., Robert Bosch GmbH, Audi AG, Texas Instruments Inc., AT&T Inc., Thales Sa, Apple, Inc., and Tomtom N.V.
Increasing adoption of smart parking is expected to propel growth of the global automotive internet of things market over the forecast period. For instance, in October 2020, Libelium announced that an average of 2,500 people a day visited its 360° terrace-viewpoint using the company’s IoT parking technology in hotels in Madrid, Spain.
Moreover, launch of telematics devices is also expected to propel growth of the global automotive internet of things market over the forecast period. For instance, in April 2019, ORBCOMM Inc. launched its enhanced web platform and its latest telematics devices for heavy equipment industry.
Geographically, the report examines production, consumption, revenue, market share, growth rate, and forecasts for the following regions:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Covid-19 Impact Analysis
Globally, as of 4:14pm CET, 29 December 2021, there have been 281,808,270 confirmed cases of COVID-19, including 5,411,759 deaths, reported to World Health Organization. As of 28 December 2021, a total of 8,687,201,202 vaccine doses have been administered.
Some of the important questions answered in this report include:
What are the top five Automotive Internet of Things Market players?
What will the Automotive Internet of Things Market look like in the following years?
Which product and application will dominate the Automotive Internet of Things Market?
What are the Automotive Internet of Things Market’s drivers and restraints?
Which regional market will represent the highest growth?
What will be the CAGR and market size of the Automotive Internet of Things Market over the forecast period?
What is the present market size, what will it be in 2029, and what will be the growth rate?
What are the constraints to market growth?
What market opportunities and risks do the key companies face?
Who are the main competitors, and what is their strategic approach?
What are the market’s entry challenges for new players?
Detailed TOC of Automotive Internet of Things Market Forecast Report:
1 Automotive Internet of Things Market Overview
1.1 Product Overview and Scope of Automotive Internet of Things Market
1.2 Segment by Type
1.3 Global Segment by Application
1.4 Global Market, Region Wise (2017-2022)
1.5 Global Market Size of Automotive Internet of Things Market (2017-2029)
2 Global Automotive Internet of Things Market Landscape by Player
2.1 Global Automotive Internet of Things Market Sales and Share by Player (2017-2022)
2.2 Global Revenue and Market Share by Player (2017-2022)
2.3 Global Average Price by Player (2017-2022)
2.4 Global Gross Margin by Player (2017-2022)
2.5 Manufacturing Base Distribution, Sales Area and Product Type by Player
2.6 Market Competitive Situation and Trends
3 Automotive Internet of Things Market Upstream and Downstream Analysis
3.1 Industrial Chain Analysis
3.2 Key Raw Materials Suppliers and Price Analysis
3.3 Key Raw Materials Supply and Demand Analysis
3.4 Manufacturing Process Analysis
3.5 Market Concentration Rate of Raw Materials
3.6 Downstream Buyers
3.7 Value Chain Status Under COVID-19
Market Scale and Segment Analysis:
Global Automotive Internet of Things Market, By Offerings:
Global Automotive Internet of Things Market, By Connectivity Form Factors:
Global Automotive Internet of Things Market, By Communication Type:
Global Automotive Internet of Things Market, By Application:
Launch of vehicles with IoT platform is expected to propel growth of the global automotive internet of things market over the forecast period. For instance, in May 2018, PSA launched its first model with connectivity services backed by Huawei IoT platform.
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