Lucintel's latest market report analyzed that automotive IoT provides attractive opportunities in infotainment, navigation, and telematics applications. The automotive IoT market is expected to grow at a CAGR of 24%-26%. In this market, software are the largest segment by offering.
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Based on offering, the automotive IoT market is segmented into hardware,
software, and services. The software segment accounted for the largest share of
the market in 2020 due to growing adoption of connected cars and development of
high speed networking technologies.
Browse in-depth TOC on “Automotive IoT Market”
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The automotive IoT market is marked by the presence of several big and small players. Some of the prominent players offering automotive IoT include Texas Instruments, Intel, NXP Semiconductors, TOMTOM, IBM, Cisco, Microsoft, Thales SA, AT&T, Vodafone, Robert Bosch, Google, Apple, General Motors, Audi, and Ford Motor.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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