The global internet of vehicle market is expected to grow from USD 18.93 billion 2017 to USD 82.34 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 23.37%.

"Increased government funding and investments for transportation infrastructure developmentis one of the factors largely attributing to the growth of internet of vehicle market globally"

The factors attributing to the growth of the market are increased government funding and investments for transportation infrastructure development, increased security and safety of the vehicle, increase in demand for vehicle tracking and driver safety, surge in adoption of iot and cloud services, and emergence of gid. However, some factors such as loss of data, and security concern from the use of cloud-based information management systems may hinder the market growth. The global internet of vehicle market is expected to showcase the opportunities such as technology upgrade in the automotive industries, introduction of logistics 4.0, introduction of 5g technology and globalisation, and increase in awareness about safety measures. In the near future, the market may face the possible challenges in the growth due to slower rate of penetration of connected systems in developing regions, and capital-intensive nature of smart transportation system. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global internet of vehicle market market.

On the basis of product, the global internet of vehicle market is studied across Embedded, Integrated, and Tethered.

On the basis of technology, the global internet of vehicle market is studied across Bluetooth, Cellular, NFC, and Wi-Fi.

On the basis of type, the global internet of vehicle market is studied across Aftermarket Services, Fleet Management, OEM Services, Processors, Sensors, and Wireless & Cellular Modules.

On the basis of application, the global internet of vehicle market is studied across Infotainment, Navigation, and Telematics.

On the basis of geography, the global internet of vehicle market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

"AUDI AG: The potential growing player for the global internet of vehicle market"

The key players profiled in the global internet of vehicle market are AUDI AG, Apple Inc., Bosch Software Innovations GmbH, Cisco Systems, Inc., Ford Motor Company, Google LLC, Huawei Technologies Co., Ltd., Infineon Technologies AG., Intel Corporation, International Business Machines Corporation, NXP Semiconductors N.V., SAP SE, Symantec Corporation, Tesla Motors. Inc., and Texas Instruments, Inc..


The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global internet of vehicle market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global internet of vehicle market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global internet of vehicle market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global internet of vehicle market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global internet of vehicle market.