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IIoT market in automotive industry to grow at a CAGR of 33.48% till 2021

IIoT characterizes a set-up wherein every object or thing is embedded with a sensor and is efficient in automatically communicating its state with other objects and automated systems inside the environment. Each object represents a node in a virtual network, continuously transmitting a large volume of data about itself and its surroundings.

The global IIoT market in automotive industry to grow at a CAGR of 33.48% during the period 2017-2021.

Covered in this report 
The report covers the present scenario and the growth prospects of the global IIoT market in automotive industry for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IIoT.

Full Report:…-2017-2021-market

The market is divided into the following segments based on geography: 

Technavio's report, Global IIoT Market in Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.

The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

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Key vendors 

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Market driver 
Decreasing cost of sensors 
For a full, detailed list, view our report 

Market challenge 
Bottlenecks in adoption and installation challenges
For a full, detailed list, view our report 

Market trend 
Rise of IoT ecosystem
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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