Automotive IoT Market by Platform (Data Management), Component (Sensor, GPS, Bluetooth, Wi-Fi), Data Converter (ADC), Connectivity (Embedded), End User (OEM), Application (ADAS, Fleet Management, Infotainment)– Global Forecast to 2025.
pune, India – January 17, 2020 /MarketersMedia/ —
Meticulous Research® in its latest publication on automotive IoT market states that the global automotive IoT market will grow at a CAGR of 16.4% from 2019 to 2025 to reach $541.73 billion by 2025. In the automotive sector, IoT has improved transportation efficiency and management capabilities and is leading the world to the future of smart, autonomous vehicles. The advent of IoT in the automotive industry encourages the demand for digital devices that help to analyze the real-time data on fleet operators and vehicle users. Subsequently, interest in the adoption of smartphone features in cars among the consumers is intensifying, fueling the growth of the global automotive IoT market.
The growth of the global automotive IoT market is mainly attributed to growing demand for connected vehicle, government initiatives for smart cities & smart traffic management system, approval & funding for autonomous vehicle testing, demand of infotainment and real time vehicle tracking system, and adoption of road vehicle safety solutions.
To provide efficient analysis, Meticulous Research® has segmented this market on the basis of offering (component, platforms, IoT services, and IoT solutions), by connectivity (tethered, integrated, embedded); by applications (infotainment, fleet management, predictive maintenance, vehicle security, automatic driver assistance system (ADAS), traffic management , others); by end user (original equipment manufacturers, aftermarket); and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
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Geographic Analysis
Wherein, geographically, the Europe is estimated to command the largest share of the overall automotive IoT market in 2019. The large share of Europe is primarily attributed to the presence of major automotive companies and their focus on IOT; European Government’s initiative to increase the IoT adoption in automotive; growing funding for autonomous vehicle testing facilities; and presence of strict telematics regulations.
While in terms of applications, infotainment application is estimated to account for the largest share of the overall automotive IoT market in 2019. The large share of this application is attributed to increasing demand for in-vehicle infotainment system in mobility services (taxi services or such as ride-sharing); rising demand for luxury cars; and growing focus toward comfort, convenience, and safety.
Key Players
The report includes competitive landscape based on the extensive assessment of the key strategic developments adopted by the leading market participants in the automotive IoT industry over last four years (2016-2019). The key players profiled in the global automotive IoT market are-
• Texas Instruments Inc. (U.S.),
• NXP Semiconductors N.V. (The Netherlands),
• Intel Corporation (U.S.),
• Tom Tom N.V.(The Netherlands),
• Cisco Systems, Inc. (U.S.),
• Microsoft Corporation (U.S.),
• IBM Corporation (U.S.),
• Google Inc. (U.S.),
• AT&T Inc. (U.S.),
• Apple, Inc. (U.S.),
• Robert Bosch GmbH (Germany).
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Key Topics Covered In Automotive IoT Market:
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.4. Assumption
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
3.1. Market Dynamics
3.2. Market Analysis, by Offering
3.3. Market Analysis, by End-User
3.4. Market Analysis, by Application
3.5. Market Analysis, by Connectivity
3.6. Market Analysis, by Geography
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.3. Drivers
4.3.1. Growing Demand for Connected Vehicle
4.3.2. Government Initiatives
4.3.2.1. Focus on Smart Cities & Smart Traffic Management System
4.3.2.2. Approval & Fundings for Autonomous Vehicle Testing
4.3.3. Increasing Demand for Infotainment and Real-Time Vehicle Tracking System
4.3.4. Rising Adoption of Road Vehicle Safety Solutions
4.4. Restraints
4.4.1. High Cost for IoT Connectivity
4.4.2. Lack of Cellular Connectivity Coverage
4.5. Opportunity
4.5.1. Growing Demand for Driverless Vehicle
4.5.2. Growing Demand for Predictive Maintenance Technology
4.6. Challenges
4.6.1. Security Concerns Regarding IoT
4.6.2. Challenges Pertaining to Data Management
4.7. Trend
4.7.1. Adoption of Smart IoT Technologies by Key Players
5. Regulatory Analysis
5.1. Introduction
5.2. North America
5.3. Europe
5.3.1. Spain
5.3.2. Russia
5.4. Asia Pacific
5.4.1. China
5.4.2. Japan
5.4.3. India
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6. Automotive IoT Market, by Offering
6.1. Introduction
6.2. Platform
6.2.1. Data Management
6.2.2. Device Management
6.2.3. Network Management
6.3. IoT Solutions
6.3.1. Security Solutions
6.3.2. Real-Time Streaming Analytics
6.4. IoT Services
6.4.1. Professional Services
6.4.2. Cloud Services
6.5. Component
6.5.1. In-Dash Infotainment Head Unit
6.5.2 Wireless Communication
6.5.2.1 Module
6.5.2.1.1 Global Positioning System (Gps)
6.5.2.1.2 Bluetooth
6.5.2.1.3 Wi-Fi
6.5.2.1.4 Low Power Wide Area Network (Lpwan)
6.5.2.1.5 Zigbee
6.5.2.2 IoT Gateway
6.5.3. Processor
6.5.3.1. Microcontroller
6.5.3.2. Digital Signal Processor (DSP)
6.5.3.3. FPGAs
6.5.4. Sensor
6.5.4.1. Proximity Sensor
6.5.4.2. Pressure Sensor
6.5.4.3. Temperature Sensor
6.5.4.4. Humidity Sensor
6.5.4.5 Magnetic Sensor
6.5.4.6. Other Sensors
6.5.5. Data Converter
6.5.5.1 Analog to Digital Converter (ADCs)
6.5.5.2 Digital to Analog Converter (DAC)
6.5.5.3 Other Components
7. Automotive IoT Market, by End User
7.1. Introduction
7.2. Original Equipment Manufacturer (OEM)
7.3. Aftermarket
8. Automotive IoT Market, by Application
8.1. Introduction
8.2. Infotainment
8.3. Advanced Driver Assistance System (ADAS)
8.4. Traffic Management
8.5. Predictive Maintenance
8.6. Fleet Management
8.7. Vehicle Security
8.8. Other Applications
9. Automotive IoT Market, by Connectivity Solution
9.1. Introduction
9.2. Integrated Connectivity
9.3. Embedded Connectivity
9.4. Tethered Connectivity
10. Geographic Analysis
10.1. Introduction
10.2. Europe
10.2.1. Germany
10.2.2. U.K.
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Rest of Asia Pacific
10.4. North America
10.4.1. U.S.
10.4.2. Canada
10.5. Latin America
10.6. Middle East and Africa
11. Competitive Landscape
11.1. Introduction
11.2. New Product Launch
11.3. Partnerships, Agreements, and Collaborations
11.4. Mergers& Acquisitions
11.5. Expansions
11.6. Market Share Analysis, by key Player
12. Company Profile (Include Business Overview, Financial Overview, Product and Service Portfolio, and Strategic Developments)
12.1. Nxp Semiconductors N.V.
12.2. American Telephone & Telegraph Company (At&T Inc)
12.3. TomTom International B.V.
12.4. Texas Instruments Incorporated
12.5. Microsoft Corporation
12.6. Cisco Systems, Inc.
12.7. Intel Corporation
12.8. International Business Machines (IBM) Corporation
12.9. Google (Alphabet Inc.)
12.10. Apple Inc.
12.11. Robert Bosch GmbH
13. Appendix
13.1. Questionnaire
13.2. Available Customization
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