Internet of Things in Automotive Market Outlook and Forecast (2024-2030)

Global Internet of Things in Automotive Market Size 

The global Internet of Things in Automotive market was valued at US$ 128.09 Bn. in 2023 and is projected to reach US$ 671.37 Bn. by 2030, growing at a compound annual growth rate (CAGR) of 26.7 % % during the forecast period.

Market Overview:
The Internet of Things in Automotive market report provides an in-depth analysis of recent developments, trade regulations, and import-export trends. It includes insights into business models, value chain optimization, and market share analysis, alongside the impact of domestic and localized players. The report evaluates opportunities in emerging income pockets, shifts in market dynamics, and provides a tactical market growth analysis. It also covers sales volume, segment growth, application niches and dominance, product approvals and releases, as well as geographic distribution.

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Market Scope:
In the competitive landscape of the Internet of Things in Automotive market, the report offers detailed information on key competitors. This includes business overviews, financial performance, revenue generation, market potential, research and development investments, new market initiatives, geographical presence, competitive strengths and weaknesses, product launches, and application dominance. The focus is solely on companies operating within the Internet of Things in Automotive industry.

Market Drivers:
The report also addresses the major drivers and restraints impacting the Internet of Things in Automotive market, providing a comprehensive view of the factors influencing market growth.

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

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Key Players:
The report highlights the major players in the Internet of Things in Automotive market, including:

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)

Regional Analysis:
The report explores the factors driving the growth of the global Internet of Things in Automotive market across different regions and among various user groups. It provides data on market participants, geographical segments, and special requirements. This comprehensive analysis includes all significant developments across market segments, with key data presented through statistics, infographics, and visual demonstrations.

COVID-19 Impact Analysis on the Internet of Things in Automotive Market:
The COVID-19 pandemic led to a significant slowdown in production utilization due to travel restrictions and facility closures, impacting the Internet of Things in Automotive market in 2020. The report includes a detailed analysis of COVID-19’s impact on the Internet of Things in Automotive market, offering insights, projections, and estimations related to the pandemic’s effects.

Key Questions Answered in the Internet of Things in Automotive Market Report:

  • Which segment held the largest market share in the Internet of Things in Automotive market?
  • What was the competitive landscape of the Internet of Things in Automotive market in 2020?
  • What are the key factors driving growth in the Internet of Things in Automotive market?
  • Which region had the largest market share in the Internet of Things in Automotive market in 2020?

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