New York, NY -- (SBWIRE) -- 02/13/2020 -- The connected automotive has been the most seen and known instance of Internet of Things. However, as todays vehicles are becoming progressively software-driven, the real IoT growths in the auto sector are behind the scenes, as software and automakers producers both claim to the driver's seat. The Internet of Things (IoT) is a framework of interconnected computing devices, digital and mechanical devices and autonomy in data transfer. Further, the launch of automotive IoT market encourages the need for automated gadgets that help analyze real-time data on vehicle users and fleet operators. Additionally, it is connected with internet of smart automotive that allots three types of communications for example in-vehicle, vehicle-to-vehicle, and vehicle-to-infrastructure.

The automotive are linked for years, in methods that by now it pretends to be routine. Certainly, automotive companies have begun linking cars to data streams. And, when it comes to connecting technology and drivers, the automotive sector has a richer and longer record of accomplishment than any other industry.

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Some of the major enterprises presently working in automotive IoT market are Audi AG, Google Inc., Robert Bosch GmbH, Ford Motor Company, and General Motors, Texas Instruments,Intel Corporation,TomTom,Cisco,Vodafone,NXP Semiconductors

Global Automotive IoT Market: Key Drivers & Restraints
The auto manufacturers and government funding on next generation vehicle-to-vehicle and vehicle-to-infrastructure communication technologies will boost the development. This projects the automotive IoT market to experience a significant growth in the forthcoming years. This is due to real-time incident and traffic alerts along with surge in R&D expenses.

Autonomous vehicles are estimated to change the automotive IoT market, maintenance alert, and increase in need for smart gadgets, increase in telematics orders by governments, and requirement for smartphone features in vehicles will drive the automotive IoT market. Nevertheless, absence in cellular connectivity coverage and best costing are estimated to hamper the growth of the automotive IoT market.

In addition, owing to the rise in per capita income of people, automated infotainment facilities in the vehicle are also becoming essential part. Individuals anticipate their digital lifestyles must be stretched into their vehicle also, with the help of automotive IoT technology. These are expected to boost the automotive IoT market.

Global Automotive IoT Market: Geographical Outlook
North America at present serves as the leading among all economy for automotive IoT market, particularly from the emerged economy of the Canada and U.S. This resides R&D units of numerous major enterprises. The North American is leading the market due to its users in the economy have high awareness levels and purchasing power for the new technology.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Global IOT in Automotive Market: Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2023):
Embedded
Tethered
Integrated

Global IOT in Automotive Market: Application Segment Analysis (Consumption Volume and Market Share 2013-2023; Downstream Customers and Market Analysis)
Infotainment System
Navigation
Telematics

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Major driving forces behind the growth of the market are the increase in government funds for better traffic management, safety assurance, energy savings and the development of connected vehicles. On the other hand, lack of infrastructure, Government regulations and additional cost burden on consumers may hinder the growth of IoT in Automotive Market.

Few Points of TOC :

Chapter 1 Overview of IOT in Automotive
1.1 Definition of IOT in Automotive in This Report
1.2 Commercial Types of IOT in Automotive
1.2.1 Embedded
1.2.2 Tethered
1.2.3 Integrated
1.3 Downstream Application of IOT in Automotive
1.3.1 Infotainment System
1.3.2 Navigation
1.3.3 Telematics
1.4 Development History of IOT in Automotive
1.5 Market Status and Trend of IOT in Automotive 2013-2023
1.5.1 Global IOT in Automotive Market Status and Trend 2013-2023
1.5.2 Regional IOT in Automotive Market Status and Trend 2013-2023

Chapter 2 Global Market Status and Forecast by Regions
2.1 Market Development of IOT in Automotive 2013-2017
2.2 Sales Market of IOT in Automotive by Regions
2.2.1 Sales Volume of IOT in Automotive by Regions
2.2.2 Sales Value of IOT in Automotive by Regions
2.3 Production Market of IOT in Automotive by Regions
2.4 Global Market Forecast of IOT in Automotive 2018-2023
2.4.1 Global Market Forecast of IOT in Automotive 2018-2023
2.4.2 Market Forecast of IOT in Automotive by Regions 2018-2023

Chapter 3 Global Market Status and Forecast by Types
3.1 Sales Volume of IOT in Automotive by Types
3.2 Sales Value of IOT in Automotive by Types
3.3 Market Forecast of IOT in Automotive by Types

Chapter 4 Global Market Status and Forecast by Downstream Industry
4.1 Global Sales Volume of IOT in Automotive by Downstream Industry
4.2 Global Market Forecast of IOT in Automotive by Downstream Industry

Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
5.1 North America IOT in Automotive Market Status by Countries
5.1.1 North America IOT in Automotive Sales by Countries (2013-2017)
5.1.2 North America IOT in Automotive Revenue by Countries (2013-2017)
5.1.3 United States IOT in Automotive Market Status (2013-2017)
5.1.4 Canada IOT in Automotive Market Status (2013-2017)
5.1.5 Mexico IOT in Automotive Market Status (2013-2017)
5.2 North America IOT in Automotive Market Status by Manufacturers
5.3 North America IOT in Automotive Market Status by Type (2013-2017)
5.3.1 North America IOT in Automotive Sales by Type (2013-2017)
5.3.2 North America IOT in Automotive Revenue by Type (2013-2017)
5.4 North America IOT in Automotive Market Status by Downstream Industry (2013-2017)
Continue…

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The research provides answers to the following key questions:
- What will be the market size of the IOT in Automotive Market industry by 2023? What will be the estimated market share over the next few years?
- What are the key driving forces fueling the growth of the IOT in Automotive Market industry across different regions?
- Who are major vendors expected to dominate the market for the forecast period 2013 to 2023?
- What are the current and emerging trends likely to influence the progress of the industry worldwide?
- What are the type of opportunities market vendors can rely on to stay competitive over the years?

Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market

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