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Global automotive IoT market forecast 2018-2023 scrutinized in new research

IT Market Research

The research provide Automotive IoT Market, Industrial Overiew history, Market competition, Development and Trades and Trade policies. The research provide investment analysis opportunities market shares profiling top key players 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. and Vodafone Group PLC.

This report on Global Automotive Iot Market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this particular industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the global market for Automotive IoT Collecting historical and recent data from various authentic resources, and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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According to Stratistics MRC, the Global Automotive IoT Market is valued at $16.32 billion in 2015 and is expected to reach $80.37 billion by 2023 growing at a CAGR of 25.5% from 2015 to 2023. Growing importance of connectivity in vehicles is one of the key factors driving the market growth.

Increased R&D spending by auto manufacturers and telecom companies, rising number of telematics mandates in various countries, and advanced driver assistance systems (ADAS) are other factors favouring the market growth.

By application, infotainment is anticipated to command the market share during the forecast period. North America commanded the largest share in automotive IoT market with U.S.

being the major revenue contributor. However, Asia-Pacific is anticipated to register significant CAGR attributed to increased demand for infotainment and navigation services, particularly in China and India.

These countries have started finding automotive IoT as a solution to limit issues such as traffic congestion, air pollution, and greenhouse gas emissions. Moreover, strong economic growth, increasing population, and quick urbanization are fueling the market in the region.

THE KEY PLAYERS IN THE MARKET INCLUDE:

 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. and Vodafone Group PLC. 

FOR MORE INFORMATION ABOUT THIS REPORT: bit.ly/2Ji4d1I

A section containing exceptional detailed data about all the influential players operating in the market has also been included in the report, giving readers and enterprises access to information such as challenges faced by the companies, the growth strategies implemented, the recent developments reported by them, and the financial and business overview of the company.

It clarifies a thorough synopsis of Automotive IoT market dependent on the central parameters. End users, merchandises, provinces and many other subdivisions are planned and elucidated.

A transitory idea about the dynamic forces which help make the market more prosperous are deliberated in order to help customer appreciate the future market situation. Projected revenue progression in terms of capacity with respect to the Automotive IoT market for the forthcoming years have been stated in-depth.

The aspects that are expected to affect the development of the market, May it be in an undesired or anticipated way, have been cleared out in the best potential manner. Considering the products and cost of the Automotive IoT market, comprehensive studies have been done during the prediction period which is mentioned.

Each year in the prognosis period is examined for better accurate data with respect to every facet disturbing the market.

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and                                 the regional markets

-Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

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