Market Research

Automotive IoT Market is set to see Revolutionary growth in decade | Texas, Intel, IBM, Microsoft

Aug 9, 2020 2:04 AM ET
iCrowd Newswire – Aug 9, 2020

A new business intelligence report released by Advance Market Analytics with title Global Automotive IoT Market Insights, forecast to 2027. This report provides a detailed overview of key factors in the Global Automotive IoT Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global market.

Key Players in This Report Include,

Texas Instruments (United States), Intel (United States), NXP Semiconductors (Netherlands), TOMTOM (Netherlands), IBM (United States), Cisco (United States), Microsoft (United States), Thales SA (France), AT&T (United States), Vodafone (United Kingdom), NEC Corporation (Japan)

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The global automotive IoT market is expected to witness high demand due to technological advancements that help automotive industry sees a rapid transformation and growth. Automotive IoT is an embedded IoT technology into automotive systems to create new applications and solutions which can make vehicles smarter and more intelligent, facilitating safe, efficient and comfortable driving. IoT technologies are used in the automotive sector to create innovative and advanced solutions, including connected car solutions, in-vehicle infotainment systems, Advanced Driver-Assistance Systems (ADAS), navigation & telematics solutions, Vehicle-to-Vehicle (V2V) applications, predictive maintenance solutions, Vehicle to Everything (V2X) communication applications and Vehicle to Infrastructure (V2I) applications.

Latest news and Recent Development in Automotive IoT Market:

In March 2019, Renault-Nissan-Mitsubishi announced the production release of the Alliance Intelligent Cloud, a new platform that is enabling Renault, Nissan, and Mitsubishi Motors to deliver connected services in vehicles sold in nearly all 200 markets served by the Alliance member companies. Culminating joint development efforts between the Alliance and Microsoft, the auto industry’s first global and most ambitious connected vehicle program will be deployed utilizing the cloud, artificial intelligence (AI), and IoT technologies provided by Microsoft Azure

Report Metric Details
Market size available for years 2018–2027
Base year considered 2019
Forecast period 2020-2027
Forecast units Value (USD Million)
Market Segmentation Study by Type (Hardware, Software, Services), Application (Infotainment, Navigation, Telematics), Communication Type (In-Vehicle Communication, Vehicle-to-Vehicle Communication, Vehicle-to-Infrastructure Communication)
Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and South America


Market Trend:

Growing Demand for Assisted & Automated Driving

Market Drivers:

Rising Demand of Consumers for Smartphone Features in Cars

Growing Demand for Automated Driving and Real-Time Traffic and Incident Alerts

Market Opportunities:

Growth in Automobile Sector in Developing Countries

Self-Driven Cars Likely to Revolutionize the IoT-Enabled Automotive Market

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The manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Automotive IoT Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most talented or commercial areas for investments. The report also provides a detailed synopsis of the competitive scenario, wherein complete business profiles of some of the prime companies in the market are included.

Microeconomic and macroeconomic factors which affect the Automotive IoT Market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the on-going market throughout the mentioned forecast period. The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.


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In the last section of the report, the companies responsible for increasing the sales in the Global Automotive IoT Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.

Strategic Points Covered in Table of Content of Automotive IoT Market:
Chapter 1:
Introduction, market driving force product Objective of Study and Research Scope the Automotive IoT market
Chapter 2: Exclusive Summary – the basic information of the Automotive IoT Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Automotive IoT
Chapter 4: Presenting the Automotive IoT Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Automotive IoT market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8& 9: Displaying the Appendix, Methodology and Data Source

What benefits does AMA research studies provides?
• Supporting company financial and cash flow planning
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments

Data Sources and Research Methodology:

A recent market intelligence report that is published on the global Automotive IoT market makes an offering of analysis of segments and sub-segments in the regional and international markets. The research also emphasizes the impact of restraints, drivers, and macro indicators on the regional and global markets over the short as well as a long period of time. A detailed presentation of forecast, trends, and dollar values of the global Automotive IoT market is offered.


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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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