Report Feature
The future of the automotive IoT market looks promising with opportunities in infotainment, navigation, and telematics applications. The global automotive IoT market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 24% to 26% from 2020 to 2025. The major drivers for this market are increasing demand for assisted and automated driving, growing consumer demand for smartphone features in cars, and growth in telematics mandates by several governments.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of automotive IoT market report download the report brochure.
The study includes trends and forecasts for the global automotive IoT market by offering, communication type, application, connectivity form factor, and region as follows:
By Offering [$M shipment analysis for 2014 – 2025]:
- Hardware
- Software
- Services
By Connectivity Form Factor [$M shipment analysis for 2014 – 2025]:
- Embedded
- Tethered
- Integrated
By Communication Type [$M shipment analysis for 2014 – 2025]:
- In-Vehicle Communication
- Vehicle-to-Vehicle Communication
- Vehicle-to-Infrastructure Communication
By Application [$M shipment analysis for 2014 – 2025]:
- Infotainment
- Navigation
- Telematics
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- United Kingdom
- France
- Italy
-
Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the automotive IoT companies profiled in this report include Texas Instruments, Intel, NXP Semiconductors, TOMTOM, IBM, Cisco, Microsoft, Thales SA, AT&T, Vodafone, Robert Bosch, Google, Apple, General Motors, Audi, and Ford Motor
Software will remain the largest offering type segment due to growing adoption of connected cars and development of high speed networking technologies.
North America will remain the largest region during the forecast period due to the existence of major manufacturers, such as Ford, which are providing connectivity services.
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Features of Automotive IoT Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global automotive IoT market by application (infotainment, navigation, and telematics), communication type (in-vehicle communication, vehicle-to-vehicle communication, and vehicle-to-infrastructure communication), connectivity form factor (embedded, tethered, and integrated), offering (hardware, software, and services), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the automotive IoT market? Q.5 What are the business risks and threats to the automotive IoT market? Q.6 What are emerging trends in this automotive IoT market and the reasons behind them? Q.7 What are some changing demands of customers in the automotive IoT market? Q.8 What are the new developments in the automotive IoT market? Which companies are leading these developments? Q.9 Who are the major players in the automotive IoT market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the automotive IoT market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the automotive IoT market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Automotive IoT Market
6.1.1 Growth Opportunities for the Global Automotive IoT Market by Connectivity Form Factor
6.1.2 Growth Opportunities for the Global Automotive IoT Market by Communication Type
6.1.3 Growth Opportunities for the Global Automotive IoT Market by Application
6.1.4 Growth Opportunities for the Global Automotive IoT Market by Offering
6.1.5 Growth Opportunities for the Global Automotive IoT Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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