Automotive IoT Market

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Automotive IoT Market -  Forecast 2021
2026Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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• The global Automotive IoT Market size is forecast
  to reach 143.7 billion by 2026, growing at CAGR
  24.5 during the forecast period 2021-2026.
• Globally, automotive companies are embracing
  integrated connectivity to meet the demand for
  autonomous vehicles for enhancing road safety by
  using ADAS, satellite-based radio navigation
  assistance, in-vehicle infotainment and so on and
  this is set to be the major driver for the growth
  of the Automotive IoT market during the forecast
  period. Additionally, roll out of 5G network will
  increase the demand for autonomous vehicles,
  owing to low latency and high-speed network is
  also set to be one of the major factors assisting
  the market growth during the forecast period
  2021-2026.

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Key Takeaways

• Integrated Connectivity held the major market
  share of the Automotive IOT Market, owing to
  increase in demand for infotainment services.
• Predicitive Maintenenace is analyzed to grow with
  the highest CAGR of around X in the
  global Automotive IOT Market, owing to its
  benefits such as reduction in maintenance cost,
  increase in vehicle utilization, and extension of
  vehicle life.
• North America dominated the Automotive IOT
  Market in terms of value in 2020 owing to the
  adoption of advanced technology in the automotive
  industry.

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• By Distribution Channel- Segment Analysis
• Based on Connectivity Segmentation, Integrated
  Connectivity held the major market share of
  the Automotive IOT Market around 42.2 of in
  2020, owing to. Based on Application
  Segmentation, Predictive Maintenance is analyzed
  to grow with the highest CAGR of around 31.0 in
  the global Automotive IOT Market during the
  forecast period 2021-2026. North America held the
  highest Automotive IOT Market share of around
  38.6 in the global Automotive IOT Market in 2020
  and is further set to grow at a significant rate
  during the forecast period 2021-2026, owing to
  the adoption of advanced technology in the
  automotive sector. 

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• Automotive IoT Market  
• Industry Outlook 
• Texas Instruments
• IBM Corporation
• Microsoft Corporation
• AUDI AG
• General Motor
• NXP Semiconductors
• CISCO
• AT T
• Thales SA

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Automotive IoT Market -  Forecast 2021 2026
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oT-Market-Research-505380
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
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Reddy Contact (1) 970-236-3677 Email
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