Automotive IoT

Automotive IoT

Global Automotive IoT Market to Reach $529.6 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Automotive IoT estimated at US$105.9 Billion in the year 2022, is projected to reach a revised size of US$529.6 Billion by 2030, growing at aCAGR of 22.3% over the period 2022-2030. Embedded, one of the segments analyzed in the report, is projected to record 20.2% CAGR and reach US$204.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Tethered segment is readjusted to a revised 23.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $32.9 Billion, While China is Forecast to Grow at 21.7% CAGR
The Automotive IoT market in the U.S. is estimated at US$32.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$91.4 Billion by the year 2030 trailing a CAGR of 21.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.5% and 19% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.6% CAGR.Select Competitors (Total 41 Featured) - Apple, Inc.AT&T Inc.Audi AGCisco Systems, Inc.Ford Motor CompanyGeneral MotorsGoogle Inc.Intel Corporation.International Business Machines CorporationMicrosoft CorporationPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.