Access Report Details @ https://www.marketresearchfuture.com/reports/automobile-iot-market
IoT in Automotive Market:
On the basis of communication type, the market can be segmented as in-vehicle, vehicle to
vehicle, vehicle to infrastructure. Out of these, in-vehicle accounted for the largest market share
because it is used to provide accurate route information to a user while on road and also update
the road-traffic controller with detailed information about the conditions on a road.
On the basis of application the market can be segmented infotainment, navigation and
telematics. Out of these, infotainment accounted for the largest market share because of device
integration, high-speed connectivity, intuitive and multi-modal user interfaces in the systems
installed in vehicles.
On the basis of offering, communication type, application and region. By offering, the market
has been bifurcated into hardware, software, services.
Market Research Future Analysis
The global IoT in Automobile Market is expected to grow significantly. The market is highly
application basis. Infotainment segment of Iot in the automobile market globally drives the
market. The market is expected to have higher growth rate as compared to the previous years.
Regionally, North-America accounted for the largest market share because the region is
attributed to the formulation & adoption of modern technologies and also boom in the ICT
sector, the automotive sector, and the transportation sector which resulted in the
emergence of the connected vehicle ecosystem and adoption of modern technologies
Asia Pacific is expected to grow at a fast pace, majorly due countries such as India and
China are investing huge amounts of money for the adoption of modern technologies and
high investments in the transportation sector.
Access the market data and market information presented through more than 25 market data tables and 25
figures spread over 100 numbers of pages of the project report “Global IoT in Automobile Market - Forecast
2022”
Tel: +1-646-845-9349
[email protected]