IoT in Automotive Market Qualitative Analysis Reveals Explosive Growth By 2026

This all-encompassing report on the global IoT in Automotive market comprises of an executive summary that briefly describes the overall market, its drivers, restraints, prominent segments, and competitive landscape. Each part of the executive summary is distinctly explained in the report through individual chapters. The chapters comprise of precise calculations demonstrated through charts and graphs

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The Internet of Things (IoT) allows access of things from a remote place through computing devices and network communications, guarantees enhanced accuracy and efficiency to send and receive data without much human interaction, and helps accelerating the integration of the world into computer based systems. The adoption of IoT is reshaping the automotive sector in an extensive way.

The major players covered in this report are:

Cisco, Ford, IBM, Microsoft, AT&T

The IoT in Automotive study sheds light on industry profiles across several countries and regions. The extensive document is a rich source of information on market size, share and growth rate. The industry profiles discussed in the IoT in Automotive report further identifies market segmentation, profit, and competitive landscape and offers forecast information on industry performance and trends for the period, 2019 to 20256 The detailed report offers comprehensive analyses about a particular market situation within a geographic region.

Most important types of IoT in Automotive products covered in this report are:

• Vehicle To Vehicle
• In-Vehicle
• Vehicle To Infrastructure

Most widely used downstream fields of IoT in Automotive market covered in this report are:

• Navigation
• Telematics
• Infotainment

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Understanding the market size

The size of the IoT in Automotive market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the IoT in Automotive report.

Knowing the trends influencing the industry performance

Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.

Key growth factors

High demand for connected cars is being witnessed all over the globe. The global number of cars on the road is expected to double by 2040 and of this at least 80%-90% are expected to be cars connected through IoT. The sensors in the car will be able to constantly communicate with the manufacturer to send data on the status of components in real-time which the manufacturers can analyze to derive meaningful information.

Also, due to the increase in disposable income of people, infotainment services inside the car are also becoming very important to them. People expect their digital lifestyles to be extended into their cars with the help of IoT, etc. These are expected to accelerate the market.

How geography and sales fit together

The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. IoT in Automotive enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:

• Where do the requirements come from?
• Where do non-potential customers reside?
• What is the buying behaviour of the customers dwelling in a particular area?
• What is the spending power of the customers in a specific region?

What is covered in the report?

1. Overview of the global IoT in the automotive market.
2. Market drivers and challenges in the global IoT in the automotive market.
3. Market trends in the global IoT in the automotive market.
4. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by connectivity form (tethered, integrated, embedded)
5. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by communication type (vehicle-to-vehicle, in-vehicle, vehicle-to-infrastructure)
6. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by application (navigation, telematics, infotainment) - by revenue (USD Bn).
7. Historical, current and forecasted regional (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) market size data (USD Bn) for the global IoT in the automotive market and its segmentations by connectivity form (tethered, integrated, embedded), by communication type (vehicle to vehicle, in-vehicle, vehicle to infrastructure), and by application (navigation, telematics, infotainment).
8. Analysis of the competitive landscape and profiles of major companies operating in the market.

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