The Internet of Vehicle Market size is expected to grow at an annual average of 17% during 2021-2027. The Internet of Vehicles (IoV) market provides a platform for smart infrastructure, including IoT-enabled vehicles, traffic management, and cities. The vehicle internet market includes hardware, software and communication services aimed at seamlessly integrating vehicles, drivers and traffic flows. In the near future, vehicles will be able to connect via the Internet to smart city infrastructure such as adjacent vehicles and poles. The development of automotive-related IoT devices and cloud platforms is expected to reveal the full potential of the automotive Internet market.
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Company Profile
- FORD MOTOR COMPANY
- TEXAS INSTRUMENTS INC.
- AUDI AG
- INTEL CORPORATION
- SAP
- NXP SEMICONDUCTORS N.V.
- APPLE INC.
- GOOGLE INC.
- IBM CORPORATION
- CISCO SYSTEMS INC.
Market – Segmentation
By Communication Type
- Vehicle-To-Vehicle
- Vehicle-To-Infrastructure
- Others
By Component
- Hardware
- Software
- Service
By Technology
- Wi-Fi
- Bluetooth
- NFC
- Cellular
- Other
Scope of the Report
The research study analyzes the Global Internet of Vehicle Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Internet of Vehicle Market Report
1. What was the Internet of Vehicle Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Internet of Vehicle Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Internet of Vehicle Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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(This release has been published on Global Market Post.
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