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Global IoT Automotive Market Research and Forecast 2018-2023

  • ID: 4602802
  • Report
  • July 2018
  • Region: Global
  • Orion Market Research Private Limited
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  • Apple Inc.
  • Bmw Ag
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  • Qualcomm Inc. Inc.
  • Tech Mahindra Ltd.
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The term Internet of Things (IoT) is referred to a network of interrelated computing devices, mechanical and digital machines or any physical objects that are capable of gathering and sharing electronic data. Generally, all these physical devices are pre-built with unique identifiers and an additionally ability that allow them to transfer data over a network without any need of human-to-computer interaction. With connectivity and smart devices gaining popularity in automotive sector, the manufactures in this industry are leveraging with technologies such as IoT, Big Data Analysis, and AI to enhance the business benefits coming in with the digital revolution. Automotive sector is changing at a rapid pace. One of the factors that is indicating the well-being of a country is development in transportation. One of the use of IoT in transportation is its application in electrical vehicle. It is an important tool to reduce the fuel cost as well as the impact of global warming. IoT in transportation eliminates the problems regarding poor fleet management through better analytics and control such as monitoring idling, fuel consumption, travel conditions, and travel time between points.

The factors that are contributing significantly to the growth of global IoT Automotive market includes government funding for next-generation communication technologies such as vehicle-to-vehicle and vehicle-to-infrastructure communication; increasing demand for smartphone features in cars; increasing awareness towards safety and security of the passengers; and growth in automobile industry. High capital expenditure and maintenance cost, as well as security and privacy issues hamper the market growth. However, collaboration between various industry players in the market and emergence of 5G technology hold huge opportunity in the growth of global IoT Automotive market.

The IoT Automotive market can be segmented on the basis of component, communication type and application. On the basis of component, the market is bifurcated as hardware, software and services. According to the communication type, the market is sub-divided as in-vehicle communication, vehicle-to-vehicle communication and vehicle-to-infrastructure communication. Based on the application, the market is diversified as navigation, telematics and infotainment. Among the applications, the infotainment segment is expected to hold the largest share owing to the adoption of cloud services for music and other multimedia features.

The global IoT Automotive market is further analyzed on the basis of the geographical regions that are contributing significantly towards the growth of the market. The regions analyzed in the report involve North America, Europe, APAC and Rest of the World. The North America is expected to be dominating in the IoT Automotive market owing to the presence of well-established technological infrastructure. In addition, investment from various IoT players in the region is another factor responsible for the regional growth. Europe is another significant market and holds a considerable market share in the global IoT Automotive market. Moreover, APAC is estimated to be growing at a faster pace.

Some of the players operating in the global IoT Automotive market are Google Inc., Texas Instruments Inc., Audi AG, IBM Corporation, Cisco Systems Inc., and several others. In order to sustain in the competitive market, these players adopt various strategies such as merger & acquisitions, expansions, joint ventures and product development and partnership and collaboration. For an instance, Honeywell and Lear in September 2017, have entered into a collaboration for addressing threats regarding development of emerging connected and autonomous vehicle by providing automotive software technology and infrastructure solutions.

Research Methodology

The market study of IoT Automotive market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.

Secondary sources include:

Financial reports of companies involved in the market
Whitepapers, research-papers, and news blogs
Company websites and their product catalogue
Supplier Websites such as Alibaba, amazon for pricing analysis

The report is intended for drug manufacturers, healthcare provider, government organizations for overall market analysis, and competitive analysis. The report provides in-depth analysis on pricing, market size, intended quality of the product preferred by consumers, initial norms and vehicle segment. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models such as PEST analysis, Porter five analysis delivering insights into the market for better business decisions.

Market Segmentation:

Global IoT Automotive market is segmented on the basis of regional outlook and following segments:

Global IoT Automotive Market Research and Analysis, By Component
Global IoT Automotive Market Research and Analysis, By Communication Type
Global IoT Automotive Market Research and Analysis, By Application
Global IoT Automotive Market Research and Analysis, By Region

The Report covers:

Comprehensive research methodology of global IoT Automotive
This report also includes detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global IoT Automotive market.
Insights about market determinants which are stimulating the global IoT Automotive market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
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  • Apple Inc.
  • Bmw Ag
  • Ford Motor Company
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  • MORE
Chapter 1. Report Summary
1.1. Research Methods And Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders

Chapter 2. Market Overview And Insights
2.1. Market Definition
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
2.3. Rules & Regulations United States European Union China Japan India

Chapter 3. Market Determinant
3.1. Motivators
3.1.1. Government Funding For Next Generation Communication Technologies
3.1.2. Increasing Demand For Smartphone Features In Cars
3.1.3. Increasing Awareness Regarding Safety And Security Of The Passengers
3.1.4. Growth In Automobile Industry
3.1.5. Investment And Funding In Connected Car
3.2. Restraints
3.2.1. Privacy And Security Issue
3.2.2. High Maintenance Cost And Capital Expenditure
3.3. Opportunities
3.3.1. Collaborations Between Various Industry Players
3.3.2. Emergence Of 5G Technology

Chapter 4. Market Segmentation
4.1. Global Iot Automotive Market, By Communication Component
4.1.1. Hardware
4.1.2. Software
4.1.3. Services
4.2. Global Iot Automotive Market, By Communication Type
4.2.1. In-Vehicle Communication
4.2.2. Vehicle-To-Vehicle Communication
4.2.3. Vehicle-To-Infrastructure Communication
4.3. Global Iot Automotive By Application
4.3.1. Infotainment
4.3.2. Telematics
4.3.3. Navigation

Chapter 5. Competitive Landscape
5.1. Key Company Analysis
5.2. Key Strategy Analysis

Chapter 6. Regional Analysis
6.1. North American
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. U.K
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Roe
6.3. Asia Pacific
6.3.1. India
6.3.2. China
6.3.3. Japan
6.3.4. Roapac
6.4. Rest Of The World

Chapter 7. Company Profiles
7.1. Apple Inc.
7.2. Arxan Technologies, Inc.
7.3. At&T Inc
7.4. Audi Ag
7.5. Bmw Ag
7.6. Cisco Systems Inc.
7.7. Daimler Ag
7.8. Ericsson Inc.
7.9. Ford Motor Company
7.10. Gemalto N.V.
7.11. Google Inc.
7.12. Honda Motor Company, Ltd.
7.13. Honeywell International Inc.
7.14. Huawei Technologies Co Ltd
7.15. Ibm Corporation
7.16. Intel Corporation
7.17. Microsoft Corp.
7.18. Nxp Semiconductors N.V.
7.19. Qualcomm Inc. Inc.
7.20. Robert Bosch Gmbh
7.21. Samsung Electronics
7.22. Sierra Wireless
7.23. Tech Mahindra Ltd.
7.24. Tesla, Inc.
7.25. Texas Instruments Inc.
7.26. Thales Sa
7.27. Toyota Motor Corporation
7.28. Verizon Communications Inc.
7.29. Visteon Corporation
7.30. Volkswagen Ag
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4 of 3
  • Apple Inc.
  • Arxan Technologies, Inc.
  • At&T Inc
  • Audi Ag
  • Bmw Ag
  • Cisco Systems Inc.
  • Daimler Ag
  • Ericsson Inc.
  • Ford Motor Company
  • Gemalto N.V.
  • Google Inc.
  • Honda Motor Company, Ltd.
  • Honeywell International Inc.
  • Huawei Technologies Co Ltd
  • Ibm Corporation
  • Intel Corporation
  • Microsoft Corp.
  • Nxp Semiconductors N.V.
  • Qualcomm Inc. Inc.
  • Robert Bosch Gmbh
  • Samsung Electronics
  • Sierra Wireless
  • Tech Mahindra Ltd.
  • Tesla, Inc.
  • Texas Instruments Inc.
  • Thales Sa
  • Toyota Motor Corporation
  • Verizon Communications Inc.
  • Visteon Corporation
  • Volkswagen Ag
Note: Product cover images may vary from those shown