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
  • Designating Entities Involved in the Iranian Petrochemical and Petroleum Products Trade
    Designating Entities Involved in the Iranian Petrochemical and Petroleum Products Trade World News
  • RI SELF-EMPLOYMENT DIRECTOR SUE BABIN WINS NATIONAL AWARD FROM APSE (ASSOCIATION OF PEOPLE SUPPORTING EMPLOYMENT FIRST)
    RI SELF-EMPLOYMENT DIRECTOR SUE BABIN WINS NATIONAL AWARD FROM APSE (ASSOCIATION OF PEOPLE SUPPORTING EMPLOYMENT FIRST) Business
  • The Dome by Fatma Altinbas Wins Gold in A’ Jewelry Awards
    The Dome by Fatma Altinbas Wins Gold in A’ Jewelry Awards World News
  • Las Vegas Global Wine Awards Announces Best in Show & Select Winners
    Las Vegas Global Wine Awards Announces Best in Show & Select Winners Business
  • War in Ukraine. Analytics. Day 705 pt2: What Would a Replacement of Commander-In-Chief Indicate?
    War in Ukraine. Analytics. Day 705 pt2: What Would a Replacement of Commander-In-Chief Indicate? World News
  • Miracles for Kids Makes it a Joyous Holiday for 438 Families with Critically-Ill Children by Delivering Over 8,000 Gifts
    Miracles for Kids Makes it a Joyous Holiday for 438 Families with Critically-Ill Children by Delivering Over 8,000 Gifts World News
  • New Wedding Dress Collections From Martina Liana and Martina Liana Luxe Are ‘Fashioned for Love’
    New Wedding Dress Collections From Martina Liana and Martina Liana Luxe Are ‘Fashioned for Love’ Business
  • Vaccines Market Set to Surpass .7 Billion by 2035 with a CAGR of 6.4%
    Vaccines Market Set to Surpass $90.7 Billion by 2035 with a CAGR of 6.4% Business
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

  • War in Ukraine, Analytics. Day 936: Double Ultimatum: Favorite Tool of the West. Arestovych, Feldman
    War in Ukraine, Analytics. Day 936: Double Ultimatum: Favorite Tool of the West. Arestovych, Feldman World News
  • War Day 196: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 196: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • NHL Champions Took the Desert by Storm
    NHL Champions Took the Desert by Storm World News
  • Agency Fast Track Launches The Ultimate SEO Profit Blueprint Training Program
    Agency Fast Track Launches The Ultimate SEO Profit Blueprint Training Program World News
  • Acting Assistant Secretary for Global Public Affairs Trudeau Travels to Kansas and Missouri
    Acting Assistant Secretary for Global Public Affairs Trudeau Travels to Kansas and Missouri World News
  • War Day 643: Missing Battle Plan for 2024? part2
    War Day 643: Missing Battle Plan for 2024? part2 World News
September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Exchange at Orange Park Brings Resort-Style Luxury Living in Jacksonville, FloridaSeptember 14, 2025
  • Award-Winning Author Captures Lessons from Nature in New Book, Infinite ParadiseSeptember 14, 2025
  • Zapp i300 electrifies SelfridgesSeptember 13, 2025
  • Space Force Association Announces Strategic Corporate Partnerships with Google & Mercury Systems to Advance SpacepowerSeptember 13, 2025
  • Outsourced Accounts Receivable Services Driving Business Cash Flow Stability and Growth OpportunitiesSeptember 12, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • “February Morning”  interview 2022-08-27 Arestovych and Ponomarev
    “February Morning” interview 2022-08-27 Arestovych and Ponomarev World News
  • Acting Assistant Secretary for Global Public Affairs Trudeau Travels to Kansas and Missouri
    Secretary Antony J. Blinken and Israeli Prime Minister Benjamin Netanyahu After Their Meeting World News
  • Southwestern Scale Announces Expansion Into Colorado
    Southwestern Scale Announces Expansion Into Colorado Business
  • Global ECommerce Market Is Projected To Grow At A 11% Rate Through The Forecast Period
    Global ECommerce Market Is Projected To Grow At A 11% Rate Through The Forecast Period World News
  • NOWPayments Fully Supports Ethereum Proof-of-Work
    NOWPayments Fully Supports Ethereum Proof-of-Work Business
  • The FAA Authorizes Phoenix Air Unmanned to Operate Drones Beyond Visual Line of Sight for Certain Aerial Work
    The FAA Authorizes Phoenix Air Unmanned to Operate Drones Beyond Visual Line of Sight for Certain Aerial Work Aviation
  • RosettiStarr Expands Human Intelligence Services to Support Clients Globally
    RosettiStarr Expands Human Intelligence Services to Support Clients Globally Business
  • US. Department of Homeland Security and Finnish Ministry of the Interior enhance internal security cooperation
    US. Department of Homeland Security and Finnish Ministry of the Interior enhance internal security cooperation 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 .