Market Research Report Internet of Vehicles (IoV) Market Report 2018-2022

Analysis of Global Internet of Vehicles (IoV) Market
Report 2018-2022
A new report released by Businessindustryreports.com titled
“Global Internet of Vehicles (IoV) Market 2018” that targets
and provides comprehensive market analysis with future
prospects to 2022. The Internet of Vehicles (IoV) Market
report broadly provides the in-depth study of market growth,
trends, share, industry overview, size and top players.
Global Internet of Vehicles (IoV) Market Overview:
According to market analysts, Global Internet of Vehicles (IoV) Market is projected to grow at a
high CAGR value from 2018 to 2022.
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Factors such as rising internet penetration, growth associated with connected devices, increase in
presence of automation solutions in automotive industry, introduction of Logistics4.0, and others
are expected to drive the demand for internet of vehicle market.
The Internet of Vehicles (IoV) is an integration of three networks: an inter-vehicle network, an intra-
vehicle network, and vehicular mobile Internet. Internet of vehicles (IoV) involves use of hardware
and software automation, and incorporation of technology in all kind of vehicles.
Internet of vehicle is a certain convergence of mobile internet and the Internet of things. It includes
the presence of internet in the moving vehicles to extract information about the location, speed,
distance, or mishaps on the roads. It is a converged technology that encompasses information,
communication, environmental protection, energy conservation, and safety.
The Internet of Vehicles (IoV) Market is segmented based on Product Type, Communication Type
and Region. On the basis of type, the market is sub-segmented into Bluetooth, Cellular, Wi-Fi and
NFC. Based on communication type, the market is divided into vehicle-to-vehicle, vehicle-to-
infrastructure, and others.
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Key Players: