Automotive IoT Market Climbs on Positive Outlook of Booming Sales| Texas Instruments, Intel , NXP Semiconductors

Advance Market Analytics published a new research publication on "Automotive IoT Market Insights, to 2028" with 232 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 Automotive IoT market was mainly driven by the increasing R&D spending across the world.

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Some of the key players profiled in the study are:

Texas Instruments (United States), Intel (United States), NXP Semiconductors (Netherlands), TOMTOM (Netherlands), IBM (United States), Cisco (United States), Microsoft (United States), Thales SA (France), AT&T (United States), Vodafone (United Kingdom), NEC Corporation (Japan).

Definition of the Report of Automotive IoT

The Automotive Internet of Things (IoT) Market refers to the segment of the technology industry that focuses on the integration of IoT technologies into the automotive sector, encompassing vehicles, infrastructure, and related services. This market involves the development and deployment of connected devices, sensors, and communication systems within automobiles to enable data exchange, real-time monitoring, and intelligent decision-making. Automotive IoT applications include vehicle-to-vehicle (V2V) communication, vehicle-to-infrastructure (V2I) connectivity, in-car infotainment systems, telematics for remote diagnostics, and advanced driver assistance systems (ADAS). The goal is to enhance the overall driving experience, improve safety, optimize vehicle performance, and enable new services and business models. As the automotive industry undergoes a transformative shift towards smart and connected vehicles, the Automotive IoT Market plays a pivotal role in shaping the future of transportation.

The titled segments and sub-section of the market are illuminated below:

by Type (Hardware, Software, Services), Application (Infotainment, Navigation, Telematics), Communication Type (In-Vehicle Communication, Vehicle-to-Vehicle Communication, Vehicle-to-Infrastructure Communication)

Market Trends:

Growing Demand for Assisted & Automated Driving

Opportunities:

Growth in Automobile Sector in Developing Countries

Self-Driven Cars Likely to Revolutionize the IoT-Enabled Automotive Market

Market Drivers:

Rising Demand of Consumers for Smartphone Features in Cars

Growing Demand for Automated Driving and Real-Time Traffic and Incident Alerts

Market Influencers and their Development Strategies:

In Dec 2019, Ericsson and Microsoft are bringing their connected vehicle expertise together. Ericsson is building its Connected Vehicle Cloud on top of the Microsoft Connected Vehicle Platform that is running on the Microsoft Azure cloud platform. The integrated solution allows automakers to deploy and scale global vehicle services such as fleet management, over-the-air software updates and connected safety services much easier and faster while reducing costs. It provides flexibility through modular design and multiple deployment options.

In March 2019, Renault-Nissan-Mitsubishi announced the production release of the Alliance Intelligent Cloud, a new platform that is enabling Renault, Nissan, and Mitsubishi Motors to deliver connected services in vehicles sold in nearly all 200 markets served by the Alliance member companies. Culminating joint development efforts between the Alliance and Microsoft, the auto industry’s first global and most ambitious connected vehicle program will be deployed utilizing the cloud, artificial intelligence (AI), and IoT technologies provided by Microsoft Azure

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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Strategic Points Covered in Table of Content of Global Automotive IoT Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive IoT market

Chapter 2: Exclusive Summary – the basic information of the Automotive IoT Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive IoT

Chapter 4: Presenting the Automotive IoT Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Automotive IoT market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Automotive IoT Market is a valuable source of guidance for individuals and companies.

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