IoT in Automotive Market Size, Emerging Trends, Growth Factors and Forecast to 2026

The research report on the IoT in Automotive Market provides professional in-depth analysis available on the market status and latest trends, including growth, opportunities, competitive landscape, technological advancement, product offerings of key players, and the dynamic structure of the market.

IoT in Automotive Market was valued at USD 29.91 Billion in 2018 and is projected to reach USD 183.72 Billion by 2026, growing at a CAGR of 25.5% from 2019 to 2026.

Top Companies in the Global IoT in Automotive Market Research Report:

Thales SA, NXP Semiconductors, Texas Instruments, Intel Corporation, TOMTOM N.V., IBM Corporation, Cisco System, Inc., Microsoft Corporation, AT&T, and Vodafone

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The IoT in Automotive is the process of embedding IoT technologies in the automotive domain by making the vehicle more efficient, smart, and comfortable. The implementation of IoT is transforming the automotive sector in an extensive way. It is empowering the vehicles to connect with the outside world and enhancing driver as well as rider experience. Connected vehicles are very large in demand and they are integrated with an extensive range of applications and value-added services like self-driving and real-time traffic alerts to improve the overall driving experience.

The IoT in Automotive Market Report provides future growth drivers and a competitive landscape. This will be beneficial for buyers of the market report to gain a clear view of the important growth and subsequent market strategy. The granular information in the market will help monitor future profitability and make important decisions for growth.

The study objectives are the IoT in Automotive Market Report:

- To analyze and research the global IoT in Automotive status and future forecast involving, production, revenue, consumption, historical and forecast.

- To present the key IoT in Automotive manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.

- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

- To identify significant trends, drivers, influence factors in global and regions.

- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.