Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • War Day 96: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин
    War Day 96: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин World News
  • Spacesuit Market Size Worth USD 1.5 Billion Globally, by 2031 | Spacex, Boeing, Sure Safety, Dover LP
    Spacesuit Market Size Worth USD 1.5 Billion Globally, by 2031 | Spacex, Boeing, Sure Safety, Dover LP Aviation
  • OnePiece Labs Announces Web3 Thought Leadership Series With Harvard Alumni Entrepreneurs
    OnePiece Labs Announces Web3 Thought Leadership Series With Harvard Alumni Entrepreneurs Business
  • New Book Reveals an Epic Business Turnaround New Book
    New Book Reveals an Epic Business Turnaround New Book Business
  • Dusty Cars, A Top Porsche 911 Valuation Service, Announces New Content on the Valuation of Classic Porsches
    Dusty Cars, A Top Porsche 911 Valuation Service, Announces New Content on the Valuation of Classic Porsches Business
  • Secretary Antony J. Blinken And Uzbekistani Acting Foreign Minister Bakhtiyor Saidov Before Their Meeting
    Secretary Antony J. Blinken And Uzbekistani Acting Foreign Minister Bakhtiyor Saidov Before Their Meeting World News
  • Office Buildings Market Size, Share And Growth Analysis For 2023-2032
    Office Buildings Market Size, Share And Growth Analysis For 2023-2032 World News
  • NASA mission to defend Earth from asteroids “a success”- BBC News
    NASA mission to defend Earth from asteroids “a success”- BBC News World News
Global Automotive IoT Market Set to Reach 6.58 Billion by 2027

Global Automotive IoT Market Set to Reach $246.58 Billion by 2027

Posted on November 9, 2023 By NewsEditor

Global Automotive IoT Market Set to Reach 6.58 Billion by 2027

Automotive IOT Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company’s Automotive IOT Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The global automotive IoT market size will grow from $125.82 billion in 2022 to $143.72 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%.”

— The Business Research Company

LANDON, GREATER LANDON, UK, November 8, 2023 /EINPresswire.com/ — The global automotive IoT market, which stood at $125.82 billion in 2022, is poised to reach $143.72 billion in 2023, with a strong compound annual growth rate (CAGR) of 14.2%. Despite the disruptions caused by the Russia-Ukraine conflict, the automotive IoT market is anticipated to exhibit continued expansion, hitting an estimated value of $246.58 billion by 2027. The ongoing geopolitical tensions have triggered economic sanctions, commodity price surges, and supply chain interruptions, leading to inflationary pressures across various industries worldwide.

Driving Forces: Surging Demand for Autonomous Vehicles

The surging demand for autonomous vehicles is expected to fuel the growth of the automotive IoT market in the foreseeable future. The term ‘autonomous vehicles’ refers to self-driving vehicles that leverage various technologies to function independently. Through the integration of the Internet of Things (IoT), autonomous vehicles can establish wireless connections via a cloud system, enabling vehicle-to-vehicle interactions. Notably, the National Highway Traffic Safety Administration (NHTSA) predicts a significant surge in the number of autonomous vehicles on U.S. roads, with an estimated 3.5 million vehicles by 2025 and a projected 4.5 million by 2030. This increased demand for autonomous vehicles is consequently driving the growth of the automotive IoT market.

Gain comprehensive insights into the global automotive IoT market through a detailed sample report:

Trends: Integration of Automotive Predictive Diagnostics Solutions

Automotive predictive diagnostics solutions have emerged as a prominent trend gaining traction in the automotive IoT market. Collaborations between automotive companies and technology players are driving the integration of predictive diagnostics solutions into existing vehicle models. This integration ensures minimal upkeep frequency, reducing the need for unplanned reactive maintenance while preventing excessive preventive maintenance costs. By continuously monitoring and analyzing data from in-vehicle sensors, the predictive maintenance systems efficiently track and evaluate various vehicle functional metrics.

Segments:

• Offering: Hardware, Software, Services
• Connectivity: Embedded, Tethered, Integrated
• Application: Infotainment, Fleet Management, Predictive Maintenance, Vehicle Security, Automatic Driver Assistance System, Other Applications
• End User: Original Equipment Manufacturers, Aftermarket

Key Market Players: Pioneering Innovations for Future Growth

Leading industry players, including Texas Instruments, NXP Semiconductors, and IBM Corporation, are actively engaged in pioneering innovations to drive the future growth of the automotive IoT market.

Geographical Insights: North America Leads, Asia-Pacific Exhibits Fastest Growth

In 2022, North America emerged as the leading region in the automotive IoT market, with Asia-Pacific projected to demonstrate the fastest growth in the forecast period. The comprehensive market analysis provides detailed insights into regional dynamics, market trends, and emerging opportunities, offering a comprehensive understanding of the market landscape.

Access the complete report for an in-depth analysis of the global automotive IoT market:

Automotive IOT Global Market Report 2023 from TBRC covers the following information:

• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Automotive IOT Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on automotive IOT market size, automotive IOT market drivers and trends, automotive IOT market major players, competitors’ revenues, market positioning, and market growth across geographies. The automotive IOT market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:

Automotive Hydraulics System Global Market Report 2023

Automotive Infotainment Global Market Report 2023

Automotive Interior Global Market Report 2023

About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]

Check out our:
LinkedIn:
Twitter:
Facebook:
YouTube:
Blog:
Healthcare Blog:
Global Market Model:

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
Facebook
Twitter
LinkedIn

Pioneering the Future of Cancer Care: Generic Oncology Drugs Market Insights

You just read:

News Provided By

November 08, 2023, 16:00 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Global Automotive IoT Market Set to Reach $246.58 Billion by 2027

World News

Post navigation

Previous Post: FAA to Appoint Rulemaking Committee to Examine Pilot Mental Health
Next Post: The Future of Positive Cell Separation

Related Posts

  • Leading Factor Driving the Smart Ports Market in 2024
    Leading Factor Driving the Smart Ports Market in 2024 World News
  • Popular Politics – Wartime Censorship in Russia (with English  subtitles)
    Popular Politics – Wartime Censorship in Russia (with English subtitles) World News
  • War Day 185: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin
    War Day 185: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • Not Only Putin: Russia’s Deep State, Society, Foreign Assets in the War Against Ukraine (full audio)
    Not Only Putin: Russia’s Deep State, Society, Foreign Assets in the War Against Ukraine (full audio) World News
  • PATENT AND TRADEMARK OFFICE OFFICIALLY ACCEPTS RENEWAL OF REGISTRATION FOR THE AKELOS TRADEMARK
    PATENT AND TRADEMARK OFFICE OFFICIALLY ACCEPTS RENEWAL OF REGISTRATION FOR THE AKELOS TRADEMARK World News
  • War in Ukraine, Analytics. Day 1111: Zelensky Politics is a Crude Fading of Ukraine. Arestovych.
    War in Ukraine, Analytics. Day 1111: Zelensky Politics is a Crude Fading of Ukraine. Arestovych. World News
October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • The Global Games Show 2025, hosted by VAP Group with Abu Dhabi Convention & Exhibition Bureau, Returns for 3rd EditionOctober 9, 2025
  • Antibody Production Market Outlook 2025–2035October 9, 2025
  • Franchise Development Service Market to Reach USD $10.94 Billion by 2029 at 9.4% CAGROctober 9, 2025
  • Financial Outsourcing Services Market to Reach $74.72 Billion by 2029 with 8.3% CAGROctober 8, 2025
  • Fairhope Aerospace Earns SBA Veteran-Owned Small Business CertificationOctober 8, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • Assistant Secretary for South and Central Asian Affairs Donald Lu and Assistant Secretary for Economic and Business Affairs Ramin Toloui, Previewing Secretary Blinken’s Upcoming Travel to Kazakhstan, Uzbekistan, and India
    Assistant Secretary for South and Central Asian Affairs Donald Lu and Assistant Secretary for Economic and Business Affairs Ramin Toloui, Previewing Secretary Blinken’s Upcoming Travel to Kazakhstan, Uzbekistan, and India World News
  • President Biden Joins DHS To Recognize Twenty Years of Progress Securing the Homeland
    President Biden Joins DHS To Recognize Twenty Years of Progress Securing the Homeland World News
  • Aircraft Refurbishing Market Trends, Industry Size and Forecast, 2031 | Sabreliner Aviation, Safran S.A.
    Aircraft Refurbishing Market Trends, Industry Size and Forecast, 2031 | Sabreliner Aviation, Safran S.A. Aviation
  • Fetal Monitoring Market Is Expected To Reach .2 Billion by 2032
    Fetal Monitoring Market Is Expected To Reach $6.2 Billion by 2032 Business
  • Innovative Non-Invasive Solutions In The Market
    Innovative Non-Invasive Solutions In The Market World News
  • Quartz Countertops Color Trends in Colorado
    Quartz Countertops Color Trends in Colorado World News
  • Commercial Drone Market Size Projected to Reach USD 65.25 Billion by 2032, With a CAGR 20.8%
    Commercial Drone Market Size Projected to Reach USD 65.25 Billion by 2032, With a CAGR 20.8% Aviation
  • Innovative Non-Invasive Solutions In The Market
    Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034 World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .