The global internet of the vehicle market is expected to grow from USD 18.93 billion in 2017 to USD 82.34 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 23.37%.
“Increased government funding and investments for transportation infrastructure development is one of the factors largely attributing to the growth of the internet of vehicle market globally”
The factors attributing to the growth of the market are increased government funding and investments for transportation infrastructure development, increased security and safety of the vehicle, increase in demand for vehicle tracking and driver safety, a surge in adoption of IoT and cloud services, and the emergence of gid. However, some factors such as loss of data, and security concern from the use of cloud-based information management systems may hinder the market growth. The global internet of the vehicle market is expected to showcase the opportunities such as technology upgrade in the automotive industries, the introduction of logistics 4.0, the introduction of 5g technology and globalization, an increase in awareness about safety measures. In the near future, the market may face the possible challenges in the growth due to the slower rate of penetration of connected systems in developing regions, and capital-intensive nature of smart transportation system. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global internet of the vehicle market.
On the basis of product, the global internet of the vehicle market is studied across Embedded, Integrated, and Tethered.
On the basis of technology, the global internet of the vehicle market is studied across Bluetooth, Cellular, NFC, and Wi-Fi.
On the basis of type, the global internet of the vehicle market is studied across Aftermarket Services, Fleet Management, OEM Services, Processors, Sensors, and Wireless & Cellular Modules.
On the basis of application, the global internet of the vehicle market is studied across Infotainment, Navigation, and Telematics.
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On the basis of geography, the global internet of vehicle market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“AUDI AG: The potential growing player for the global internet of vehicle market”
The key players profiled in the global internet of vehicle market are AUDI AG, Apple Inc., Bosch Software Innovations GmbH, Cisco Systems, Inc., Ford Motor Company, Google LLC, Huawei Technologies Co., Ltd., Infineon Technologies AG., Intel Corporation, International Business Machines Corporation, NXP Semiconductors N.V., SAP SE, Symantec Corporation, Tesla Motors. Inc., and Texas Instruments, Inc..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global internet of the vehicle market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global internet of the vehicle market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global internet of vehicle market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global internet of vehicle market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global internet of vehicle market.
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TABLE OF CONTENT
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
188.8.131.52. Secondary Instrument
184.108.40.206. Primary Instrument
2.1.2. Research Approaches
220.127.116.11. Bottom-up Approach
18.104.22.168. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
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