Internet of Things in Automotive Market Opportunities, Sales Revenue, Leading Players, and Forecast to 2030

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Internet of Things in Automotive Market size was valued at USD 128.09 Bn. in 2023 and the total revenue is expected to grow by 26.7% from 2024 to 2030, reaching nearly USD 671.37 Bn.

Global Internet of Things in Automotive Market Overview

In 2023, the global Internet of Things in Automotive market was valued at US$ 128.09 Bn. and is projected to reach US$ 671.37 Bn. by 2030, growing at a CAGR of 26.7 % during the forecast period.

Market Overview

The Internet of Things in Automotive market report encompasses recent developments, trade regulations, import-export analysis, business models, value chain optimization, market share, and the impact of domestic and local market players. It evaluates opportunities in emerging income areas, shifts in market restrictions, tactical market growth analysis, sales volume, segment growth, application niches and dominance, product approvals, product launches, and geographic regions.

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Market Scope

The report provides competitive information for the Internet of Things in Automotive market, including business overviews, financials, revenue generation, market potential, RD investments, new market initiatives, geographical presence, strengths and weaknesses, product introductions, and application dominance. The information is focused on companies active in the Internet of Things in Automotive industry.

Drivers

The Internet of Things in Automotive market report also covers major drivers and restraints affecting the market.

Segmentation

For detailed segmentation

by Application

Infotainment
Navigation
Telematics

by Connectivity Type

Embedded
Tethered
Integrated

by Communication Type

In-vehicle
vehicle to vehicle
vehicle to infrastructure

by Offering

Hardware
Service

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Key Players

The major players covered in the Internet of Things in Automotive market report include:

1. Qualcomm (US)
2. Intel Corporation (US)
3. NVIDIA. (US)
4. Texas Instruments Inc (US)
5. Aeris Communications, Inc. (US)
6. Amazon Web Services, Inc. (US)
7. Avnet, Inc. (US)
8. Zoho Corporation- WebNMS (US)
9. IBM Corporation (US)
10.Cisco Systems Inc (US)
11.ATT Inc (US)
12.Microsoft (US)
13.Apple (US)
14.Google Inc (US)
15.Moj.io, Inc. (Canada)
16.Vodafone Group Plc (UK)
17.AppyParking (UK)
18.NXP Semiconductors N.V. (Netherlands)
19.Audi Ag (Germany)
20.CarIQ (India)
21.Evoke Motorcycles (Hong Kong)
22.Advantech Co., Ltd (Taiwan)
23.LG CNS (South Korea)

Regional Analysis

The report examines the reasons behind the global Internet of Things in Automotive market's growth and its various users. It provides data on market participants, geographies, and special requirements. The study offers a comprehensive evaluation of all significant advancements currently prevalent in the market sectors, using statistics, infographics, and demonstrations for key data analysis.

COVID-19 Impact Analysis on Internet of Things in Automotive Market

The COVID-19 pandemic led to a significant decline in production utilization. Travel bans and facility closures kept people away from their workplaces, causing the Internet of Things in Automotive market to slow in 2020. The new research includes insights, analysis, estimations, and projections on the impact of COVID-19 on the Internet of Things in Automotive market.

Key Questions Answered in the Internet of Things in Automotive Market Report

  • Which segment held the largest share in the Internet of Things in Automotive market?
  • What was the competitive scenario of the Internet of Things in Automotive market in 2020?
  • What are the key factors driving the growth of the Internet of Things in Automotive market?
  • Which region held the maximum share in the Internet of Things in Automotive market in 2020?

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