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Automotive IoT Market by Offering (Hardware, Software, Services), by Connectivity Form Factor (Embedded, Tethered, Integrated), by Communication Type, by Application (Navigation, Telematics, Infotainment) and Region - Global Forecast to 2028

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from $4,950 326 Pages MarketsandMarkets March, 2023 MKMK17825840
Best Price Guarantee
Price from $4,950
Length 326 Pages
Publisher MarketsandMarkets
Published Date March, 2023
SKU MKMK17825840

Automotive IoT Market by Offering (Hardware, Software, Services), by Connectivity Form Factor (Embedded, Tethered, Integrated), by Communication Type, by Application (Navigation, Telematics, Infotainment) and Region - Global Forecast to 2028

The automotive IoT market is projected to grow from USD 131.2 billion in 2023 and is projected to reach USD 322.0 by 2028; it is expected to grow at a CAGR of 19.7% from 2023 to 2028.

Increasing adoption of connected vehicle technology for reducing fuel wastage along with rising adoption of electric and hybrid vehicles to reduce CO2 emissions is expected to fuel the growth of the automotive IoT market. However, lack of infrastructure for proper functioning of connected vehicles is limiting the growth of the automotive IoT market.

“Services segment of the automotive IoT market to witness highest growth during the forecast period.”

By offering, the automotive IoT market has been segmented into hardware, software, and services. The services segment is expected to grow at the highest CAGR during the forecast period. Deployment and integration, consulting, and support & maintenance are the major services contributing to the growth of the automotive IoT market for services. Growth in automotive IoT retrofit market is the major driver for the services market as vehicle owners looking to have a connected car require suitable solutions.

“Market for embedded systems segment is expected to account for largest share during the forecast period”

The market for embedded systems segment is expected to account for largest share of the automotive IoT market during the forecast period. Increase in demand for the best consumer experience is met by upgrade of infotainment systems in vehicles connected to the Internet and with cloud facility. For automotive IoT applications like infotainment, embedded connectivity results in avoidance of incompatibility, interoperability, or tethering issues, resulting in good communication performance. The growth of embedded automotive IoT solutions in the long term can be attributed to various disruptive factors such as government mandates, cost optimization of service plans, and increase in cloud-based services. Moreover, the adoption of 5G technology, which provides high-speed connectivity, will shift the inclination of manufacturers and buyers toward embedded automotive IoT solutions.

“Market for infotainment application is expected to significant share of the automotive IoT market during the forecast period ”

The infotainment application is expected to hold the second-largest market share by 2028. The rising demand for advanced safety features, self-driving vehicles, digital cockpits for driver assistance, and entertainment purposes is driving the growth of the automotive IoT infotainment market. Furthermore, changing consumer preferences toward technologically advanced products is contributing to the growth of the overall market growth. Rapidly growing consumer focus on entertainment while driving, coupled with high demand for car customization backed by high per capita income, is likely to contribute to the growth of infotainment application segment. The introduction of cloud-based services for music and other multimedia support has led to an increase in infotainment applications in vehicles. Users look for multimedia support and smart apps for device integration, high-speed connectivity, intuitive and multi-modal user interfaces in the systems installed in vehicles. Internet radio, music streaming music, and running social networking apps are commonly available services.

“Europe to hold a significant share of the automotive IoT market during the forecast period”

Europe is expected to hold a significantly large share for automotive IoT market during the forecast period. The countries that constitute a major portion of the automotive IoT market in Europe include the Germany, UK, France. Europe is home to many major automobile companies, where the automotive industry is one of the key contributors to the economy. There is a drift from conventional driver assistance systems to advanced connected systems to meet the stringent vehicle safety norms. This is expected to positively impact the demand for passenger cars with telematics solutions in the future. The market growth in the region can be attributed to mandatory regulations in the EU to use certain telematics services such as eCall (since 2018 in all passenger cars). These advanced technologies help in improving safety and minimizing the risks of collisions and hazardous situations. The market in Europe presents a big opportunity for infotainment and navigation applications. Therefore, the demand for automotive IoT with minimal telematics applications is likely to drive the market in this region. Another key driver for the automotive IoT market in Europe is the eCall mandate, which necessitates all new cars to be fitted with a mandatory sensor that calls emergency services in case of an accident

The report profiles key players in the automotive IoT market with their respective market ranking analysis. Prominent players profiled in this report are include are NXP Semiconductors (Netherlands), Harman (US), Robert Bosch (Germany), Thales (France), TomTom International (Netherlands), IBM (US), Geotab Inc. (Canada), Texas Instruments (US), Intel Corp. (US), Eurotech (Italy), STMicroelectronics (Switzerland), Renesas (Japan), Infineon Technologies (Germany). Apart from this, Airbiquity (US), Qualcomm (US), Visteon (US), Vodafone Group (UK), Microsoft Corporation (US), Alphabet Inc. (US), AT&T (US), Cloudmade (UK), Sierra Wireless (Canada) are among a few emerging companies in the automotive IoT market.

Research Coverage:

This research report categorizes the automotive IoT market on the basis of offering, connectivity form factor, communication type, application, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the automotive IoT market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the automotive IoT ecosystem.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall automotive IoTmarket and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Increasing number of regulations mandating advanced features in vehicles for enhanced user comfort, safety, and convenience, Growing use of telematics and user-based insurance programs, Increasing adoption of connected vehicle technology to reduce fuel wastage, Rising adoption of electric and hybrid vehicles to reduce CO2 emissions), restraints (Lack of infrastructure for proper functioning of connected vehicles, Additional cost burden on consumers), opportunities (Emergence of various technologies such as 5G and AI, Ongoing technological developments in autonomous vehicles, Integration of predictive maintenance platform with vehicles) ), and challenges (Threats associated with cybersecurity) influencing the growth of the automotive IoT market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the automotive IoT market

Market Development: Comprehensive information about lucrative markets – the report analyses the automotive IoT market across varied regions

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the automotive IoT market

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like NXP Semiconductors (Netherlands), Harman (US), Robert Bosch (Germany), Thales (France), TomTom International (Netherlands), IBM (US), Geotab Inc. (Canada), Texas Instruments (US),among others in the automotive IoT market


1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Automotive Iot Market Segmentation
1.3.2 Automotive Iot Market: Inclusions And Exclusions
1.3.3 Regional Scope
1.3.4 Years Considered
1.4 Currency Considered
Table 1 Average Exchange Rates For Euros To Usd Conversion
1.5 Units Considered
1.6 Stakeholders
1.7 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Automotive Iot Market: Research Design
2.1.1 Secondary Data
2.1.1.1 List Of Key Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown Of Primaries
2.1.3 Secondary And Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
Figure 3 Market Size Estimation Methodology: Revenue Of Market Players
2.2.1 Bottom-up Approach
2.2.1.1 Approach To Arrive At Market Size By Bottom-up Analysis (Demand Side)
Figure 4 Market Size Estimation Methodology: Bottom-up Approach
2.2.2 Top-down Approach
2.2.2.1 Approach To Arrive At Market Size By Top-down Analysis (Supply Side)
Figure 5 Market Size Estimation Methodology: Top-down Approach
2.3 Data Triangulation
Figure 6 Data Triangulation
2.4 Research Assumptions
2.5 Risk Assessment
2.5.1 Assumptions Related To Recession
2.6 Limitations
3 Executive Summary
3.1 Recession Analysis
Figure 7 Gdp Growth Projection For Major Economies Till 2023
3.2 Growth Rate Assumptions/Growth Forecast
Figure 8 Services Segment To Grow At Highest Cagr During Forecast Period
Figure 9 Integrated Connectivity Form Factor Segment To Register Highest Cagr During Forecast Period
Figure 10 Vehicle-to-vehicle Communication Segment To Witness Highest Growth During Forecast Period
Figure 11 Navigation Application To Account For Largest Market Share During Forecast Period
Figure 12 North America Accounted For Largest Share Of Automotive Iot Market In 2022
4 Premium Insights
4.1 Attractive Market Opportunities For Players In Automotive Iot Market
Figure 13 Growing Demand For Navigation And Infotainment Applications To Contribute To Market Growth
4.2 Automotive Iot Market, By Offering
Figure 14 Software Segment To Hold Largest Share Of Automotive Iot Market Between 2023 And 2028
4.3 Automotive Iot Market, By Application
Figure 15 Infotainment Application Held Largest Size Of Automotive Iot Market In 2022
4.4 Automotive Iot Market, By Connectivity Form Factor
Figure 16 Integrated Segment Registered Highest Cagr In Automotive Iot Market In 2022
4.5 Automotive Iot Market, By Region
Figure 17 Automotive Iot Market To Grow At Highest Cagr In Asia Pacific During Forecast Period
4.6 Asia Pacific: Automotive Iot Market, By Country And Form Factor
Figure 18 Automotive Iot Market In Asia Pacific, By Country And Form Factor
4.7 Automotive Iot Market, By Country
Figure 19 China To Record Highest Cagr In Automotive Iot Market During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 20 Automotive Iot Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Number Of Regulations Mandating Advanced Features In Vehicles For Enhanced User Comfort, Safety, And Convenience
5.2.1.2 Growing Use Of Telematics And User-based Insurance Programs
Figure 21 Automotive Telematics Market, 2022 Vs. 2027
5.2.1.3 Increasing Adoption Of Connected Vehicle Technology To Reduce Fuel Wastage
5.2.1.4 Rising Adoption Of Electric And Hybrid Vehicles To Reduce Co2 Emissions
Figure 22 Automotive Iot Market Drivers And Their Impact
5.2.2 Restraints
5.2.2.1 Lack Of Infrastructure For Proper Functioning Of Connected Vehicles
5.2.2.2 Additional Cost Burden On Consumers
Figure 23 Automotive Iot Market Restraints And Their Impact
5.2.3 Opportunities
5.2.3.1 Emergence Of Technologies Such As 5g And Ai
5.2.3.2 Ongoing Technological Developments In Autonomous Vehicles
5.2.3.3 Integration Of Predictive Maintenance Platform With Vehicles
Figure 24 Automotive Iot Market Opportunities And Their Impact
5.2.4 Challenges
5.2.4.1 Threats Associated With Cybersecurity
Figure 25 Automotive Iot Market Challenges And Their Impact
5.3 Value Chain Analysis
5.3.1 Research & Development
5.3.2 Component Manufacturing & Assembly
5.3.3 Software Integration
5.3.4 Distribution And Supply
5.3.5 Marketing And Sales
5.3.6 Post-sales Services
5.4 Ecosystem/Market Map
Table 2 Players And Their Role In Ecosystem
5.5 Key Stakeholders And Buying Criteria
5.5.1 Key Stakeholders In Buying Process
Figure 26 Influence Of Stakeholders On Buying Process For Top Three Applications
Table 3 Influence Of Stakeholders On Buying Process For Top Three Applications (%)
5.5.2 Buying Criteria
Figure 27 Key Buying Criteria For Top Three Applications
Table 4 Key Buying Criteria For Top Three Applications
5.6 Porter’s Five Forces Analysis
Table 5 Impact Of Porter’s Five Forces On Automotive Iot Market
Figure 28 Automotive Iot Market: Porter’s Five Forces Analysis
5.6.1 Intensity Of Competitive Rivalry
5.6.2 Bargaining Power Of Suppliers
5.6.3 Bargaining Power Of Buyers
5.6.4 Threat Of Substitutes
5.6.5 Threat Of New Entrants
5.7 Case Study Analysis
5.7.1 Honda Cars India Improves Customer Connection And Services With Iot And Cloud
5.7.2 Bmw Motorrad Provides Riders With Custom Built-in Navigation Experience With Help Of Tomtom
5.7.3 Tomtom Delivered Precise Hd Mapping Solution In Collaboration With Hella Aglaia For Automated Driving
5.7.4 Ibm Helps Audi With Real-time Vehicle Tracking
5.7.5 Allgo Embedded Developed Platform For Futuristic Car Infotainment Demonstration
5.8 Trends/Disruptions Impacting Business Of Market Players And Raw Material Suppliers
Figure 29 Revenue Shifts And New Revenue Pockets For Automotive Iot Players
5.9 Technology Analysis
5.9.1 Key Technologies
5.9.1.1 Advancements In Infotainment Systems
5.9.1.2 Adoption Of Cloud Technology
5.9.2 Adjacent Technology
5.9.2.1 Future Of Automotive Displays
5.10 Patent Analysis
Table 6 Number Of Patents Registered In Automotive Iot Market From 2012 To 2022
Figure 30 Top 10 Companies With Highest Number Of Patent Applications Between 2012 And 2022
Figure 31 Automotive Iot Patents Issued Between 2012 And 2022
Table 7 Patent Registrations Related To Automotive Iot Market
5.11 Trade Analysis
5.11.1 Import Scenario
5.11.1.1 Import Scenario For Semiconductor Ics
Table 8 Import Data, By Country, 2017–2021 (Usd Million)
5.11.2 Export Scenario
5.11.2.1 Export Scenario For Semiconductor Ics
Table 9 Export Data, By Country, 2017–2021 (Usd Million)
5.12 Tariffs
Table 10 Mfn Tariffs For Parts Of Electronic Circuits Exported By Us
Table 11 Mfn Tariffs For Parts Of Electronic Circuits Exported By China
5.13 Regulatory Standards
5.13.1 Regulatory Compliance
5.13.1.1 Standards
Table 12 North America: Regulatory Bodies, Government Agencies, And Other Organizations
Table 13 Europe: Regulatory Bodies, Government Agencies, And Other Organizations
Table 14 Asia Pacific: Regulatory Bodies, Government Agencies, And Other Organizations
Table 15 Row: Regulatory Bodies, Government Agencies, And Other Organizations
5.14 Key Conferences And Events, 2023–2024
Table 16 Automotive Iot Market: Detailed List Of Conferences And Events
5.15 Pricing Analysis
Table 17 Pricing Of Automotive Iot Hardware Components
Figure 32 Average Selling Price Forecast For Automotive Iot Hardware Components
5.15.1 Average Selling Price Of Automotive Iot Hardware Components Offered By Market Players
Figure 33 Average Selling Price Of Automotive Iot Hardware Components Offered By Key Players
Table 18 Average Selling Price Of Automotive Iot Hardware Components Offered By Key Players
6 Automotive Iot Market, By Offering
6.1 Introduction
Figure 34 Services Segment To Exhibit Highest Growth Rate Between 2023 And 2028
Table 19 Automotive Iot Market, By Offering, 2019–2022 (Usd Billion)
Table 20 Automotive Iot Market, By Offering, 2023–2028 (Usd Billion)
6.2 Hardware
Table 21 Hardware: Automotive Iot Market, By Type, 2019–2022 (Usd Billion)
Table 22 Hardware: Automotive Iot Market, By Type, 2023–2028 (Usd Billion)
6.2.1 Semiconductor Components
6.2.1.1 Microcontrollers
6.2.1.1.1 Control And Monitor Electronic Systems
6.2.1.2 Field Programmable Gate Arrays (Fpgas)
6.2.1.2.1 Handle Data Input From Multiple Sensors In Autonomous Vehicles
6.2.1.2.2 Use Case: Velodyne’s Lidar Solutions Use Xilinx Fpgas As Key Components
6.2.1.3 Digital Signal Processors (Dsps)
6.2.1.3.1 Focus On Computation-intensive Functions Encountered In Transmitting And Manipulating Digital Signals
6.2.1.3.2 Use Case: Ceva's High-performance Dsp Solution Powers Renesas' Next-generation Automotive System-on-chip (Soc)
6.2.1.4 Memory Chips
6.2.1.4.1 Facilitate Incorporation Of Advanced Electronics For In-vehicle Entertainment And Connectivity In Vehicles
6.2.1.4.2 Use Case: Mobileye Selected Micron Technology To Advance Development Of Its Fifth-generation Autonomous Driving Platform
Table 23 Hardware: Automotive Iot Market, By Semiconductor Component, 2019–2022 (Usd Billion)
Table 24 Hardware: Automotive Iot Market, By Semiconductor Component, 2023–2028 (Usd Billion)
Table 25 Hardware: Automotive Iot Market, By Semiconductor Component, 2019–2022 (Million Units)
Table 26 Hardware: Automotive Iot Market, By Semiconductor Component, 2023–2028 (Million Units)
6.2.2 Connectivity Technology Ics
Table 27 Hardware: Automotive Iot Market, By Connectivity Technology Ics, 2019–2022 (Usd Billion)
Table 28 Hardware: Automotive Iot Market, By Connectivity Technology Ics, 2023–2028 (Usd Billion)
Table 29 Hardware: Automotive Iot Market, By Connectivity Component, 2019–2022 (Million Units)
Table 30 Hardware: Automotive Iot Market, By Connectivity Component, 2023–2028 (Million Units)
6.2.2.1 Cellular
6.2.2.1.1 Cellular Connectivity Technology To Dominate Market During Forecast Period
6.2.2.2 Wi-fi
6.2.2.2.1 Wi-fi Connectivity Technology To Exhibit Highest Growth During Forecast Period
6.2.2.3 Bluetooth
6.2.2.3.1 Bluetooth Smart Ideal For Automotive Iot Applications
6.2.2.4 Others
6.3 Software
Table 31 Software: Automotive Iot Market, By Offering, 2019–2022 (Usd Billion)
Table 32 Software: Automotive Iot Market, By Offering, 2023–2028 (Usd Billion)
6.3.1 Platforms
6.3.1.1 Device Management Platform
6.3.1.1.1 Manages Data Transmitted By Iot Devices
6.3.1.2 Application Management Platform
6.3.1.2.1 Helps To Manage Application Operations Throughout Lifecycle
6.3.1.3 Network Management Platform
6.3.1.3.1 Provides Common Platforms To Manage Networks Of Vehicles
6.3.2 Solutions
6.3.2.1 Real-time Streaming Analytics
6.3.2.1.1 Processing And Analysis Of Fast-moving Live Data From Various Sources
6.3.2.2 Security Solutions
6.3.2.2.1 Designed To Safeguard Connected Devices, Data, And All Components Of Iot Platforms
6.3.2.3 Data Management
6.3.2.3.1 Helps Detect Pre-failure Conditions, Avoid Malfunctions, And Reduce Cost Of Car Maintenance
6.3.2.4 Remote Monitoring Systems
6.3.2.4.1 Allow To Track, Trace, And Monitor Vehicles In Real Time
6.3.2.5 Network Bandwidth Management
6.3.2.5.1 Ensures Performance And Availability Of Servers And Entire Vehicular Network
6.4 Services
Table 33 Services: Automotive Iot Market, By Type, 2019–2022 (Usd Billion)
Table 34 Services: Automotive Iot Market, By Type, 2023–2028 (Usd Billion)
6.4.1 Deployment & Integration Services
6.4.1.1 Deployment And Integration Services To Hold Larger Market Share During Forecast Period
6.4.2 Support & Maintenance Services
6.4.2.1 Help Lower Risk, Reduce Complexity, And Raise Return On Investment
7 Automotive Iot Market, By Connectivity Form Factor
7.1 Introduction
Figure 35 Automotive Iot Market, By Connectivity Form Factor
Figure 36 Embedded Segment To Hold Largest Size Of Automotive Iot Market Between 2023 And 2028
Table 35 Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 36 Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
7.2 Embedded
7.2.1 Reduction In Price Of Service Plans To Fuel Demand For Embedded Connectivity
Table 37 Embedded: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 38 Embedded: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
Table 39 Embedded: Automotive Iot Market, By Communication Type, 2019–2022 (Usd Billion)
Table 40 Embedded: Automotive Iot Market, By Communication Type, 2023–2028 (Usd Billion)
Table 41 Embedded: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 42 Embedded: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
7.3 Tethered
7.3.1 Lower Price Of Tethered Systems Likely To Contribute To Their Demand During Forecast Period
7.3.1.1 Use Case: Tethered Iot Platform For Tata Motors Connected Vehicles
Table 43 Tethered: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 44 Tethered: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
Table 45 Tethered: Automotive Iot Market, By Communication Type, 2019–2022 (Usd Billion)
Table 46 Tethered: Automotive Iot Market, By Communication Type, 2023–2028 (Usd Billion)
Table 47 Tethered: Automotive Iot Market, By Region, 2019–2022 (Usd Million)
Table 48 Tethered: Automotive Iot Market, By Region, 2023–2028 (Usd Million)
7.4 Integrated
7.4.1 Increased Penetration Of Smartphones To Induce Demand For Integrated Form Factor
Table 49 Integrated: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 50 Integrated: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
Table 51 Integrated: Automotive Iot Market, By Communication Type, 2019–2022 (Usd Billion)
Table 52 Integrated: Automotive Iot Market, By Communication Type, 2023–2028 (Usd Billion)
Table 53 Integrated: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 54 Integrated: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
8 Automotive Iot Market, Communication Type
8.1 Introduction
Figure 37 Automotive Iot Market, By Communication Type
Figure 38 Vehicle-to-vehicle Communication Segment Expected To Grow At Highest Rate Between 2023 And 2028
Table 55 Automotive Iot Market, By Communication Type, 2019–2022 (Usd Billion)
Table 56 Automotive Iot Market, By Communication Type, 2023–2028 (Usd Billion)
8.2 In-vehicle Communication
8.2.1 In-vehicle Communication Segment Held Largest Market Share In 2022
8.2.1.1 Use Case: Honda Motors Incorporated Integrated In-vehicle Connected Services Offered By Google For Customers In North America
Table 57 In-vehicle Communication: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 58 In-vehicle Communication: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
8.3 Vehicle-to-vehicle Communication
8.3.1 Market For Vehicle-to-vehicle Communication To Exhibit Highest Growth During Forecast Period
8.3.1.1 Use Case: Implementation Of Ambulance Alerting System Based On V2v Communication
Table 59 Vehicle-to-vehicle Communication: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 60 Vehicle-to-vehicle Communication: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
8.4 Vehicle-to-infrastructure Communication
8.4.1 Enables Several Vehicles To Share Information With Various Devices
8.4.1.1 Use Case: Vodafone Assists In Facilitating Vehicle-to-infrastructure (V2i) Communication For Providing Parking Assistance And Anti-theft Functions
Table 61 Vehicle-to-infrastructure Communication: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 62 Vehicle-to-infrastructure Communication: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
9 Automotive Iot Market, By Application
9.1 Introduction
Figure 39 Automotive Iot Market, By Application
Figure 40 Navigation Application Expected To Grow At Highest Rate Between 2023 And 2028
Table 63 Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 64 Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
9.2 Navigation
9.2.1 Use Case: Tomtom Navigation Sdk Powered Ptv Group’s (Germany) Truck Navigation Application
Table 65 Navigation: Automotive Iot Market, By Type, 2019–2022 (Usd Billion)
Table 66 Navigation: Automotive Iot Market, By Type, 2023–2028 (Usd Billion)
9.2.2 Real-time Data Capture
9.2.2.1 Real-time Data Capture Navigation Application To Exhibit Higher Growth During Forecast Period
9.2.2.2 Use Case: Hyundai Motor Group (Hmg) Selected Tomtom Navigation Offerings To Capture Real-time Data
9.2.3 Road & Vehicle Monitoring
9.2.3.1 Includes Managing Data Available Through Controller Area Network (Can) Or Other Vehicle Internal Bus Systems
9.2.3.2 Use Case: Greenmile Integrated Tomtom Map Apis Into Its Solutions To Facilitate Vehicle Monitoring And Real-time Route Planning
9.2.3.3 Use Case: Implementation Of System For Monitoring Of Vehicles
Table 67 Navigation: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 68 Navigation: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 69 Navigation: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 70 Navigation: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
9.3 Telematics
Table 71 Telematics: Automotive Iot Market, By Type, 2019–2022 (Usd Billion)
Table 72 Telematics: Automotive Iot Market, By Type, 2023–2028 (Usd Billion)
9.3.1 Fleet & Asset Management
9.3.1.1 Eliminate Paperwork And Reduce Maintenance Costs
9.3.1.2 Use Case: Kent Central Ambulance Service Adopted Fleet Management Solution Offered By Tomtom Telematics
9.3.1.3 Use Case: Wabco Holdings Inc. (Us) Acquired Assettrackr (India) To Expand Its Fleet Management Solutions Business
9.3.2 Intelligent Traffic System
9.3.2.1 Integral Part Of Smart Cities
9.3.2.2 Use Case: Honda Motors Uses Iot Telematics Solutions From Bright Box
9.3.3 Collision Avoidance
9.3.3.1 Alerts Drivers About Imminent Crashes And Can Assist In Braking And Stopping Vehicles
9.3.3.2 Use Case: Driver Safety Solution Developed By Affectiva And Tomtom Helps In Collision Avoidance
9.3.4 Parking Management System
9.3.4.1 Allows Efficient Use Of On-street Parking Spaces Or Areas
9.3.5 Passenger Information System
9.3.5.1 Provides Information To Public About Status Of Transportation Mediums
9.3.5.2 Use Case: Tamil Nadu State Transport Corporation Uses Iot-based Passenger Information System For Crowd Estimation
9.3.6 Emergency Vehicle Notification
9.3.6.1 Designed To Alert Family Members And Emergency Personnel About Accidents
9.3.7 Predictive Maintenance
9.3.7.1 Predicts Ambient Conditions, Fuel Consumption, And Other Factors Critical For Ideal Performance
9.3.8 Remote Monitoring And Diagnostics
9.3.8.1 Offer Health And Diagnosis Report For Vehicles Through Wireless Networks
Table 73 Telematics: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 74 Telematics: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 75 Telematics: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 76 Telematics: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
9.4 Infotainment
Table 77 Infotainment: Automotive Iot Market, By Type, 2019–2022 (Usd Billion)
Table 78 Infotainment: Automotive Iot Market, By Type, 2023–2028 (Usd Billion)
9.4.1 Entertainment
9.4.1.1 Focus On Rear Seat Entertainment To Create Demand For Automotive Iot
9.4.2 Communication
9.4.2.1 Enables Consumers To Seamlessly Interconnect Their Smartphones Or Network Devices To Their Vehicles
Table 79 Infotainment: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 80 Infotainment: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 81 Infotainment: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 82 Infotainment: Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
10 Automotive Iot Market, By Region
10.1 Introduction
Figure 41 Automotive Iot Market, By Region
Table 83 Automotive Iot Market, By Region, 2019–2022 (Usd Billion)
Table 84 Automotive Iot Market, By Region, 2023–2028 (Usd Billion)
10.2 North America
10.2.1 Impact Of Recession On North America
Figure 42 North America: Automotive Iot Market Snapshot
Table 85 North America: Automotive Iot Market, By Country, 2019–2022 (Usd Billion)
Table 86 North America: Automotive Iot Market, By Country, 2023–2028 (Usd Billion)
10.2.2 Us
10.2.2.1 Us Accounted For Largest Share Of North American Automotive Iot Market In 2022
10.2.2.2 Use Case: Honda Motors Incorporated Integrated In-vehicle Connected Services Offered By Google For Its Customers In North America
10.2.3 Canada
10.2.3.1 Growing Popularity Of Mobile Broadband Access In Vehicles To Drive Demand For Automotive Iot Solutions
10.2.3.2 Use Case: Public Vehicles In Wellington County, Ontario (Canada), Integrated With Telematics Solution From Geotab
10.2.4 Mexico
10.2.4.1 Presence Of Established Automotive Manufacturing Base To Support Market Growth
10.2.4.2 Use Case: Telefonica Mexico Offers Unlimited Connected Car Data Via General Motors' Onstar Platform
Table 87 North America: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 88 North America: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 89 North America: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 90 North America: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
10.3 Europe
10.3.1 Impact Of Recession On Europe
Figure 43 Europe: Automotive Iot Market Snapshot
Table 91 Europe: Automotive Iot Market, By Country, 2019–2022 (Usd Billion)
Table 92 Europe: Automotive Iot Market, By Country, 2023–2028 (Usd Billion)
10.3.2 Germany
10.3.2.1 Increased R&D And Government Bill Supporting Automated Driving To Support Market Growth
10.3.2.2 Use Case: Tomtom Navigation Sdk Powers Ptv Group’s (Germany) New Truck Navigation Application
10.3.3 Uk
10.3.3.1 Premium And Sports Car Manufacturers To Support Market Growth
10.3.3.2 Use Case: Volvo Uk Incorporated New Vehicle Tracking Device
10.3.4 France
10.3.4.1 Significant Investments In Security Technologies To Drive Market
10.3.4.2 Use Case: Coyote, In Collaboration With Sigfox Network (France), Implemented Coyote Secure Stolen Vehicle Recovery Solution
10.3.5 Italy
10.3.5.1 Presence Of Comprehensive Intelligent Traffic System Infrastructure To Drive Market
10.3.5.2 Use Case: Duel (Italy) Leveraged Location And Navigation Services From Tomtom To Provide Real-time Traffic Information In Italy
10.3.5.3 Use Case: Lojack Italia Brought Enhanced Telematics To Ald Automotive Italy
10.3.5.4 Octo Telematics (Italy) Leveraged Ford’s Connected Vehicle Data To Enhance Its Telematics Services
Table 93 Italy: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 94 Italy: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
Table 95 Italy: Automotive Iot Market, By Telematics Application Type, 2019–2022 (Usd Million)
Table 96 Italy: Automotive Iot Market, By Telematics Application Type, 2023–2028 (Usd Million)
Table 97 Italy: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 98 Italy: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 99 Italy: Automotive Iot Market, By Offering, 2019–2022 (Usd Billion)
Table 100 Italy: Automotive Iot Market, By Offering, 2023–2028 (Usd Billion)
Table 101 Italy: Automotive Iot Market, By Communication Type, 2019–2022 (Usd Billion)
Table 102 Italy: Automotive Iot Market, By Communication Type, 2023–2028 (Usd Billion)
Table 103 Italy: Automotive Iot Market, By Vehicle Type, 2019–2022 (Usd Billion)
Table 104 Italy: Automotive Iot Market, By Vehicle Type, 2023–2028 (Usd Billion)
Table 105 Italy: Passenger Cars Automotive Iot Market, By Offering, 2019–2022 (Usd Billion)
Table 106 Italy: Passenger Cars Automotive Iot Market, By Offering, 2023–2028 (Usd Billion)
Table 107 Italy: Commercial Vehicles Automotive Iot Market, By Offering, 2019–2022 (Usd Million)
Table 108 Italy: Commercial Vehicles Automotive Iot Market, By Offering, 2023–2028 (Usd Million)
Table 109 Italy: Passenger Cars Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 110 Italy: Passenger Cars Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 111 Italy: Commercial Vehicles Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Million)
Table 112 Italy: Commercial Vehicles Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Million)
Table 113 Italy: Passenger Cars Automotive Iot Market, By Communication Type, 2019–2022 (Usd Billion)
Table 114 Italy: Passenger Cars Automotive Iot Market, By Communication Type, 2023–2028 (Usd Billion)
Table 115 Italy: Commercial Vehicles Automotive Iot Market, By Communication Type, 2019–2022 (Usd Million)
Table 116 Italy: Commercial Vehicles Automotive Iot Market, By Communication Type, 2023–2028 (Usd Million)
Table 117 Italy: Passenger Cars Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 118 Italy: Passenger Cars Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
Table 119 Italy: Commercial Vehicles Automotive Iot Market, By Application, 2019–2022 (Usd Million)
Table 120 Italy: Commercial Vehicles Automotive Iot Market, By Application, 2023–2028 (Usd Million)
10.3.6 Spain
10.3.6.1 Adoption Of Ai And Cognitive Computing To Accelerate Market Growth
10.3.6.2 Use Case: Telefónica España Collaborated With Spain’s Directorate General For traffic And Seat On Iot Road Safety Project
10.3.7 Rest Of Europe
10.3.7.1 Use Case: Bara Posten Ab (Sweden) Leverages Geotab’s Fleet Telematics Platform To Deliver Sustainable Services
Table 121 Europe: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 122 Europe: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 123 Europe: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 124 Europe: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
10.4 Asia Pacific
10.4.1 Impact Of Recession On Asia Pacific
Figure 44 Asia Pacific: Automotive Iot Market Snapshot
Table 125 Asia Pacific: Automotive Iot Market, By Country, 2019–2022 (Usd Billion)
Table 126 Asia Pacific: Automotive Iot Market, By Country, 2023–2028 (Usd Billion)
10.4.2 China
10.4.2.1 5g Rollout To Foster Market Growth
10.4.2.2 Use Case: Huawei Technologies (China) Leverages Navigation Applications Offered By Tomtom
10.4.3 Japan
10.4.3.1 Need For Real-time Traffic Information To Propel Demand For Automotive Iot Solutions
10.4.3.2 Use Case: Kddi In Japan Leverages Gemalto’s Connected Cars And Iot Solution
10.4.4 South Korea
10.4.4.1 Government Initiatives To Introduce Autonomous Cars In South Korea To Contribute To Market Growth
10.4.4.2 Use Case: Hyundai Motor Group Leverages Maps And Real-time Traffic Data Provided By Tomtom
10.4.5 India
10.4.5.1 Demand For High-end Navigation Systems In India To Foster Market Growth
10.4.5.2 Use Case: Mg Motor Partnered With Jio India To Incorporate Internet Of Things (Iot) Features In Its Upcoming Mid-size Suv
10.4.6 Rest Of Asia Pacific
10.4.6.1 Use Case: Toyota Motor Corporation Australia Delivered Connected Vehicles With Support From Intelematics
Table 127 Asia Pacific: Automotive Iot Market, By Connectivity Form Factor, 2019–2022 (Usd Billion)
Table 128 Asia Pacific: Automotive Iot Market, By Connectivity Form Factor, 2023–2028 (Usd Billion)
Table 129 Asia Pacific: Automotive Iot Market, By Application, 2019–2022 (Usd Billion)
Table 130 Asia Pacific: Automotive Iot Market, By Application, 2023–2028 (Usd Billion)
10.5 Rest Of The World
10.5.1 Impact Of Recession On Rest Of The World
Figure 45 Rest Of The World: Automotive Iot Market Snapshot
10.5.2 Middle East & Africa
10.5.2.1 Government Initiatives To Introduce Autonomous Vehicles To Favor Market Growth
10.5.3 South America
10.5.3.1 Demand For Vehicle Tracking And Safety Features To Drive Market
10.5.3.2 Use Case: Hyundai Motors Leveraged Vivo’s Iot Platform To Launch Its Internet-based Service In Brazil
Table 131 Rest Of The World: Automotive Iot Market, By Region, 2019–2022 (Usd Billion)

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