The Continuing Growth Story of Internet of Vehicles Market
HTF Market Intelligence published a new research publication on “Internet of Vehicles Market Insights, to 2029″ with 100+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Internet of Vehicles market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Ford Motor Company (United States), Texas Instruments Inc. (United States), Audi AG (Germany), Intel Corporation (United States), SAP (Germany), NXP Semiconductors N.V. (Netherlands), Apple Inc. (United States), Google Inc. (United States), IBM Corporation (United States), Cisco Systems Inc. (United States)
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According to HTF Market Intelligence, the Global Internet of Vehicles market to witness a CAGR of 18% during forecast period of 2023-2029. The market is segmented by Application (Infotainment, Navigation, Telematics) by Component (Hardware, Software, Service) by Technology (Bluetooth, Wi-Fi, Cellular, Others) by Communication Type (Vehicle-to-Vehicle, Vehicle-to-Infrastructure, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Internet of Vehicles market size is estimated to increase by USD at a CAGR of 18% from 2023 to 2029.
Scope of the Report of Internet of Vehicles
The global Internet of Vehicles market is expected to witness high demand in the forecasted period due to rising internet penetration, growth associated with connected devices, increase in the presence of automation solutions in the automotive industry, the introduction of Logistics4.0, drive the internet of vehicle market growth. Navigation, cab services, security, entertainment, and a myriad of other aspects became a staple feature in modern cars. Driverless cars fulfill the need and satisfaction of customers. Implementation of IoT transformed the automotive industry.
The titled segments and sub-section of the market are illuminated below:
Application (Infotainment, Navigation, Telematics) by Component (Hardware, Software, Service) by Technology (Bluetooth, Wi-Fi, Cellular, Others) by Communication Type (Vehicle-to-Vehicle, Vehicle-to-Infrastructure, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Market Trends:
- The Emergence of Global Identification (GID)
- Increase in Government Funds for Better Traffic Management, Safety Assurance, Energy Savings and The Development of Connected Vehicles
Market Drivers:
- High Adoption of the Internet of Vehicles due to Track Fleet, Trains, Buses, and Cars
- The Upsurge in Adoption of IoT and Cloud Services
Market Opportunities:
- The High Growth due to the Advancement of Technology
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Points Covered in Table of Content of Global Internet of Vehicles Market:
Chapter 01 – Internet of Vehicles Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Internet of Vehicles Market – Pricing Analysis
Chapter 05 – Global Internet of Vehicles Market Background
Chapter 06 — Global Internet of Vehicles Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Internet of Vehicles Market
Chapter 08 – Global Internet of Vehicles Market Structure Analysis
Chapter 09 – Global Internet of Vehicles Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Internet of Vehicles Market Research Methodology
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