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(Transportation-News.com, August 23, 2017 ) According to Publisher, the Global Automotive IoT Market is valued at $16.32 billion in 2015 and is expected to reach $80.37 billion by 2022 growing at a CAGR of 25.5% from 2015 to 2022. Growing importance of connectivity in vehicles is one of the key factors driving the market growth. Increased R&D spending by auto manufacturers and telecom companies, rising number of telematics mandates in various countries, and advanced driver assistance systems (ADAS) are other factors favouring the market growth.
For more information http://www.reportsweb.com/automotive-iot-global-market-outlook-2016-2022
By application, infotainment is anticipated to command the market share during the forecast period. North America commanded the largest share in automotive IoT market with U.S. being the major revenue contributor. However, Asia-Pacific is anticipated to register significant CAGR attributed to increased demand for infotainment and navigation services, particularly in China and India. These countries have started finding automotive IoT as a solution to limit issues such as traffic congestion, air pollution, and greenhouse gas emissions. Moreover, strong economic growth, increasing population, and quick urbanization are fueling the market in the region.
Some of the key players in the market include Apple, Inc., AT&T Inc., Audi AG, Cisco Systems, Inc., Ford Motor Company, General Motors, Google Inc., Intel Corporation., International Business Machines Corporation, Microsoft Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, Texas Instruments Inc., Thales SA, Tomtom N.V. and Vodafone Group PLC.
Communication Types Covered:
- In-Vehicle Communication
- Vehicle-To-Vehicle Communication
- Vehicle-To-Infrastructure Communication
Offerings Covered:
- Software
o Solutions
o Platforms
- Hardware
o Connectivity Technology Ics
o Semiconductor Components
- Services
o Support & Maintenance Services
o Deployment & Integration Services
Connectivity Form Factor Covered:
- Tethered
- Integrated
- Embedded
Applications Covered:
- Infotainment
o Communication
o Entertainment
- Navigation
o Road & Vehicle Monitoring
o Real-Time Data Capture
- Telematics
o Collision Avoidance
o Emergency Vehicle Notification
o Fleet & Asset Management
o Intelligent Traffic System
o Parking Management System
o Passenger Information System
o Predictive Maintenance
o Remote Monitoring and Diagnostics
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Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
11 Company Profiling
11.1 Apple, Inc.
11.2 AT&T Inc.
11.3 Audi AG
11.4 Cisco Systems, Inc.
11.5 Ford Motor Company
11.6 General Motors
11.7 Google Inc.
11.8 Intel Corporation.
11.9 International Business Machines Corporation
11.10 Microsoft Corporation
11.11 NXP Semiconductors N.V.
11.12 Robert Bosch GmbH
11.13 Texas Instruments Inc.
11.14 Thales SA
11.15 Tomtom N.V.
11.16 Vodafone Group PLC.
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ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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