Internet of Things in Automotive Market Size, Forecast Business Strategies, Emerging Technologies and Future To 2029


Internet of Things in Automotive Market size was valued at USD 79.80 Bn. in 2021 and the total revenue is expected to grow by 26.7% from 2022 to 2029, reaching nearly USD 529.93 Bn.

The market research report for Internet of Things in Automotive Market includes a projection for the years up to 2029 together with detailed information on the market's size, rate of growth, revenue, trends, and potential. Additionally, the main development drivers for this market are carefully studied. In this study, the market has undergone a rigorous quantitative analysis that provides information for formulating plans to boost efficiency and growth.

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Internet of Things in Automotive Market Overview:

Focusing on the most recent drivers, restraints, and opportunities for the Internet of Things in Automotive Market industry, the thorough company firm's analysis is based on the Internet of Things in Automotive market. Conversations with well-known businessmen are then utilised to validate the results. In the secondary investigation and analysis of the same, both paid and unpaid data sources are utilised. Information on each player's supply and consumption is gathered from official government sources, third-party data sources, and, in the case of publicly traded enterprises, financial reports of the company. If financial documents from businesses are not made publicly available, the local government's tax division may be able to obtain them.

COVID-19 Impact:

The industry is thoroughly studied by several segments in the report from Maximize Market Research. The personal computer market in India is divided according to product and distribution method. The personal computer market is segmented based on product into workstations, consumer desktops, consumer notebooks, and commercial notebooks. Applications of the Indian personal computer market are both online and offline. 60% of the total personal computer (PC) market in India was made up of notebooks, and its 45.2% year-over-year increase was boosted by demand from both the consumer and business markets. extremely thin notebooks As OEMs seek to invest in and generate excitement for the gaming sector, the consumer market will experience a grasp around gaming devices. The number of commercial PCs sold increased by 23% to 1.17 million units. The commercial sector is predicted to expand.

Internet of Things in Automotive Market Segment:

The automotive IoT market's integrated connectivity category had the most market share in 2021. The considerable percentage of this connectivity can be attributed mostly to the growing use of infotainment applications and services, which are available on smartphones and other smart devices. To satisfy the requirement for integrated connectivity, OEMs like Audi also provide "Audi connect" smartphone integrated connectivity options. These services enable online radio, music streaming, and social networking for drivers. In 2021, infotainment applications will rule the automotive IoT market. The sizeable market share of the sector is attributed to a number of factors, including the rising demand for infotainment in transportation services (like ride-sharing or taxi services), the increasing appeal of luxury cars, and the expanding importance of comfort, convenience, and safety.

Internet of Things in Automotive Market Key Players:

• Vodafone Group Plc
• Texas Instruments Inc
• Intel Corporation
• NXP Semiconductors N.V.
• IBM Corporation
• Cisco Systems Inc
• General Motors
• Audi Ag
• AT&T Inc
• Microsoft
• Apple
• Google Inc
• AppyParking

Key Company And Market Share Insights:

In this section, visitors can read about the leading rivals. This report looks at the main strategic moves these players make to maintain dominance, including product portfolio strengthening, M&A, partnerships, new, cutting-edge products, and geographic penetration. In addition to the company's goals, the report also offers important financial information and current events. Readers may also find out more details on the firms' global sales, profits, and profit margins from 2017 through 2022.

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Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

About Us:

Maximize Market Research offers B2B and B2C research on 12,000 high-growth emerging technologies that present opportunities and threats to businesses in the healthcare, pharmaceuticals, electronics, communications, internet of things, food and beverage, aerospace and defence, and other manufacturing sectors.

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

Pune Banglore Highway, Narhe,
3rd Floor, Navale IT park Phase 2.
411041
India
Phone : +919607365656
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Published in

Technology , Internet

Published on

Nov 28, 2022

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