Global Automotive IoT Market Size
Information Technology

Best Prospects in the Global Automotive IoT Market and Strategies for Growth – Includes Automotive IoT Market Analysis

The Business Research Company’s report goes into great detail on the automotive IoT market size and growth, automotive IoT market regional analysis, automotive IoT market competitive landscape, and other critical information needed to excel in the automotive IoT industry.


Major players in the automotive IoT market include Texas Instruments, NXP Semiconductors, Intel Corporation, TomTom, Cisco Systems, Microsoft Corporation, IBM Corporation, Google, AT&T, Apple, and Robert Bosch.


TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.


The global automotive IoT market size is expected to grow from $115.06 billion in 2021 to $125.59 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global automotive IoT market size is expected to grow to $219.61 billion in 2026 at a CAGR of 15.0%.


North America was the largest region in the automotive IoT market in 2021.


The automotive IoT market consists of sales revenue generated by entities (organizations, partnerships, sole proprietors) through IoT hardware, software and services to automotive customers. Automotive IoT is an integration of sensors, gadgets, software applications, and others designed to perform a specific or wide range of activities, such as fleet management, predictive diagnostics, and others.


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Global Automotive IoT Market Size
Global Automotive IoT Market Size

Automotive predictive diagnostics solutions are a key trend gaining popularity in the automotive IoT market. The automotive companies are partnering with technology players for the integration of predictive diagnostics solutions into their existing models, which allows the upkeep frequency to be as low as possible to stop unplanned reactive maintenance, without incurring costs related to doing an excessive amount of preventive maintenance. The predictive maintenance systems within the vehicle, continuously monitor, collects, record, transfer and evaluate data from in-vehicle sensors to keep track of vehicle functional metrics.


TBRC’s Global Automotive Iot Market Report Is Segmented:
By Offering: Hardware, Software, Services

By Connectivity: Embedded, Tethered, Integrated

By Application: Infotainment, Fleet Management, Predictive Maintenance, Vehicle Security, Automatic Driver Assistance System, Others

By End-User: Original Equipment Manufacturers, Aftermarket

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.


The Automotive IoT Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the automotive IoT market globally and regionally, analyzes and forecasts market size, share, automotive IoT market players, automotive IoT market segments, leading competitor revenues, profiles and market shares.


Here Is A List Of Similar Reports From The Business Research Company:

Automotive Centre Console Global Market Report 2022

Automotive Artificial Intelligence Global Market Report 2022

IoT Global Market Report 2022


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