The global IoT automotive market is anticipated to grow at a considerable CAGR of 25.0% during the forecast period (2021-2027). The increasing demand for the connected car is one of the prime factors affecting and driving the market. The connected car supports in accessing entertainment services, navigation system through 3rd party application along with providing safety to reduce the chances of accidents. Through the connected car if the accident occurs with the support of an e-call the person can contact the nearest emergency response network. Additionally, the European transportation authority had also instructed that e-Call is a must in cars. Through various offerings by connected cars, its demand is increasing leading to the growth of the automotive IoT market.
To Request a Sample of our Report on Global Incubator Devices Market: https://www.omrglobal.com/request-sample/iot-automotive-market
To gain on the opportunity key players operating in the global IoT automotive market had been adopting an expansion strategy. For instance, in December 2020, Huawei Technologies Co., Ltd., had got into an agreement with Chery Automobile Co., Ltd. (Chery) in order to provide the depth cooperation in various fields to offer effective services to customers including smart car solutions that will support in developing business at both sides.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Component
· By Communication Type
· By Application
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
· Competitive Landscape- Cisco Systems, Inc., IBM, Qualcomm Technologies, Inc., Thales Group, and TEXAS INSTRUMENTS INC.
(Get 15% Discount on Buying this Report)
A full Report of Global Incubator Devices Market is Available at: https://www.omrglobal.com/industry-reports/iot-automotive-market
Global IoT Automotive Market
By Component
• Hardware
• Software
• Services
By Communication Type
• In-Vehicle Communication
• Vehicle-To-Vehicle Communication
• Vehicle-To-Infrastructure Communication
By Application
• Infotainment
• Telematics
• Navigation
Global IoT Automotive Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
Company Profiles
· Apple Inc.
· AUDI AG.
· BMW AG
· Cisco Systems, Inc.
· DAIMLER AG
· Digital.ai
· FORD MOTOR CO.
· GOOGLE INC.
· Honda Motor Co.Ltd.
· Huawei Technologies Co., Ltd.
· IBM
· Intel Corp.
· Microsoft
· Qualcomm Technologies, Inc.
· Robert Bosch GmbH
· SAMSUNG
· Tesla
· Thales Group
· Tech Mahindra Ltd.
· TEXAS INSTRUMENTS INC.
· TOYOTA MOTOR CORP.
· Verizon
· Visteon Corp.
Reasons to buy from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
