Market Overview:
The global automotive internet of things market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The increasing demand for connected cars and the rising number of connected vehicles are some of the major factors that are driving the growth of this market. In addition, the increasing demand for navigation, telematics, and infotainment applications is also contributing to the growth of this market. The in-vehicle communication segment is expected to be the fastest growing segment during the forecast period. This segment is driven by factors such as increased demand for safety features in cars and rising number of connected vehicles.
Product Definition:
The automotive industry is starting to fully embrace the potential of the internet of things (IoT). IoT is a network of physical objects, devices, vehicles, and buildings that are connected to the internet and can collect and exchange data.
The automotive industry has been using IoT for a while now to improve its operations. For example, many automakers are now using sensors in their vehicles to collect data on how they are being driven. This data can then be used by automakers to improve their products and services.
IoT can also be used in conjunction with other technologies such as self-driving cars. By connecting self-driving cars to the internet, they will be able to communicate with each other and share information about road conditions, traffic patterns, etc.
In-Vehicle Communication:
In-vehicle communication (IVC) is a telematics technology that enables users to wirelessly access the Internet and other connected services. It also helps in receiving information such as navigation instructions, e-mails, and messages from mobile devices using Bluetooth or USB connectivity. The major applications of IVC include entertainment services, fleet management services, emergency assistance & safety features along with tracking vehicle activities.
Vehicle-To-Vehicle Communication:
Vehicle-to-vehicle communication (V2V) and vehicle-to-infrastructure communication (V2I) are types of communications that occur between two or more vehicles and the infrastructure surrounding them. The technology helps in enhancing road safety by preventing accidents caused due to lack of awareness, inattentiveness, poor visibility, alcohol & drugs consumption etc. It also helps drivers to maintain their distance from other vehicles while driving at a high speed.
Application Insights:
The navigation application segment dominated the global automotive internet of things market in 2017. The development of smart navigation systems is one of the key trends in vehicle technology. These systems use a combination of Global Positioning Systems (GPS), sensors and data analytics to provide drivers with directions and information about traffic conditions along the way.
Telematics applications enable manufacturers to collect, process, and store large amounts of data from vehicles, which can be used for various purposes such as improving vehicle safety features or providing insights into driver behavior. The increasing need for tracking vehicle usage patterns has led several automakers around the world to deploy telematics systems on a mass scale across all commercial vehicles over recent years. For instance, according to Telematics Applications Market Report by IHS Markit Ltd., Germany is expected to have more than 1 million connected cars by 2020 while France will have nearly 500 thousand connected cars by then same situation in U.K.
Regional Analysis:
The North American region is expected to dominate the global market over the forecast period. The growth can be attributed to increasing adoption of advanced technologies such as in-vehicle connectivity, driver distraction mitigation systems, and vehicle-to-vehicle communication among others. Moreover, presence of prominent players such as Continental AG; Ford Motor Company; and General Motors Company is also contributing toward regional growth.
However, Asia Pacific region is anticipated to grow at a lucrative rate over the forecast period owing to rising demand for advanced driver assistance systems (ADAS) coupled with growing sales of premium cars in China and India among other countries. Furthermore, increasing government regulations mandating installation of ADAS features are further driving industry growth across this region which will result into increased revenue share by 2030 time frame.
Growth Factors:
- Increasing demand for connected cars: The automotive industry is witnessing a paradigm shift with the increasing demand for connected cars. This is primarily because of the advantages offered by connected cars such as enhanced safety, security, and convenience.
- Proliferation of 4G and 5G networks: The proliferation of 4G and 5G networks is aiding in the growth of the automotive Internet of Things market. These networks are providing high-speed connectivity, which is necessary for transmitting large amounts of data between vehicles and various other entities involved in transportation ecosystems such as traffic management centers, insurance companies, etc.
- Development of autonomous vehicles: Autonomous or self-driving vehicles are one of the most promising applications areas for IoT technology. They rely on a large number sensors to capture data about their surroundings which can then be processed by advanced algorithms to enable safe navigation without human intervention. This is expected to result in increased efficiency and reduced congestion on roads in future cities enabled by autonomous driving technology .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Internet of Things Market Research Report
By Type
In-Vehicle Communication, Vehicle-To-Vehicle Communication, Vehicle-To-Infrastructure Communication
By Application
Navigation, Telematics, Infotainment
By Companies
Apple, Inc, AT&T Inc, Audi AG, Cisco Systems, Inc, Ford Motor Company, General Motors, Google Inc, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, NXP Semiconductors N.V, Robert Bosch GmbH, Texas Instruments Inc, Thales Sa, Tomtom N.V
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Internet of Things Market Report Segments:
The global Automotive Internet of Things market is segmented on the basis of:
Types
In-Vehicle Communication, Vehicle-To-Vehicle Communication, Vehicle-To-Infrastructure Communication
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Navigation, Telematics, Infotainment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple, Inc
- AT&T Inc
- Audi AG
- Cisco Systems, Inc
- Ford Motor Company
- General Motors
- Google Inc
- Intel Corporation
- International Business Machines Corporation
- Microsoft Corporation
- NXP Semiconductors N.V
- Robert Bosch GmbH
- Texas Instruments Inc
- Thales Sa
- Tomtom N.V
Highlights of The Automotive Internet of Things Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- In-Vehicle Communication
- Vehicle-To-Vehicle Communication
- Vehicle-To-Infrastructure Communication
- By Application:
- Navigation
- Telematics
- Infotainment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Internet of Things Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Internet of Things (AiOT) is a term used to describe the interconnectedness of vehicles, sensors, and other devices in order to provide drivers with enhanced safety and efficiency. AiOT can be used to monitor vehicle performance, diagnose problems, and recommend solutions; it can also help drivers find parking spots or navigate traffic.
Some of the major players in the automotive internet of things market are Apple, Inc, AT&T Inc, Audi AG, Cisco Systems, Inc, Ford Motor Company, General Motors, Google Inc, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, NXP Semiconductors N.V, Robert Bosch GmbH, Texas Instruments Inc, Thales Sa, Tomtom N.V.
The automotive internet of things market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Internet of Things Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Internet of Things Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Internet of Things Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Internet of Things Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Internet of Things Market Size & Forecast, 2020-2028
4.5.1 Automotive Internet of Things Market Size and Y-o-Y Growth
4.5.2 Automotive Internet of Things Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 In-Vehicle Communication
5.2.2 Vehicle-To-Vehicle Communication
5.2.3 Vehicle-To-Infrastructure Communication
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Navigation
6.2.2 Telematics
6.2.3 Infotainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Internet of Things Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Internet of Things Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 In-Vehicle Communication
9.6.2 Vehicle-To-Vehicle Communication
9.6.3 Vehicle-To-Infrastructure Communication
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Navigation
9.10.2 Telematics
9.10.3 Infotainment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 In-Vehicle Communication
10.6.2 Vehicle-To-Vehicle Communication
10.6.3 Vehicle-To-Infrastructure Communication
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Navigation
10.10.2 Telematics
10.10.3 Infotainment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 In-Vehicle Communication
11.6.2 Vehicle-To-Vehicle Communication
11.6.3 Vehicle-To-Infrastructure Communication
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Navigation
11.10.2 Telematics
11.10.3 Infotainment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 In-Vehicle Communication
12.6.2 Vehicle-To-Vehicle Communication
12.6.3 Vehicle-To-Infrastructure Communication
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Navigation
12.10.2 Telematics
12.10.3 Infotainment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 In-Vehicle Communication
13.6.2 Vehicle-To-Vehicle Communication
13.6.3 Vehicle-To-Infrastructure Communication
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Navigation
13.10.2 Telematics
13.10.3 Infotainment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Internet of Things Market: Competitive Dashboard
14.2 Global Automotive Internet of Things Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple, Inc
14.3.2 AT&T Inc
14.3.3 Audi AG
14.3.4 Cisco Systems, Inc
14.3.5 Ford Motor Company
14.3.6 General Motors
14.3.7 Google Inc
14.3.8 Intel Corporation
14.3.9 International Business Machines Corporation
14.3.10 Microsoft Corporation
14.3.11 NXP Semiconductors N.V
14.3.12 Robert Bosch GmbH
14.3.13 Texas Instruments Inc
14.3.14 Thales Sa
14.3.15 Tomtom N.V
