Internet of Things (IoT) in Automotive Market

P&S Intelligence published a new research report, “Internet of Things (IoT) in Automotive Market: Global Industry Analysis and Forecast till 2030, (The automotive industry is witnessing major technical shift in the recent years. Customer preference is shifting toward seamless connectivity and convenient driving experience, which are contributing to the growth of the global internet of things (IoT) in automotive market. IoT is an integrated system comprising computing devices, machines, people, and other apparatus that enables data sharing process among them, over a defined network. With the growing demand for capturing real-time information by vehicle users and operators, the demand for IoT in the automotive industry is expended to witness a steep rise during the forecast period (2020–2030).”

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Growing sales of connected cars is one of the major drivers for the IoT in automotive market, worldwide. Connected cars have a wireless local area network (LAN) and an internet access, which facilitate the cars to share their information with different devices outside and inside the vehicles. The functioning of these cars is highly dependent on the usage of IoT, thus with the growing demand for connected cars, the demand for IoT in automobiles is also expected to increase.

Some major players operating in the global IoT in automotive market are Robert Bosch GmbH, Google LLC, International Business Machines Corp., Cisco Systems Inc., Microsoft Corp., Intel Corp., NXP Semiconductors NV, and General Motors Co.

The report will also provide country-wise analysis of the IoT in automotive market. Some of the major countries covered in the report are the U.S., Canada, the U.K., Germany, France, Spain, Italy, the Netherlands, China, India, Japan, South Korea, Australia, the U.A.E., Brazil, and Mexico.

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This Study Covers:

  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
  • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
  • Major players operating in the market and their service offerings
  • Recent strategic developments by the major players in the market