IoT and Connected Car Market
IoT and Connected Car Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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IoT and Connected Car Market Size and Growth
The IoT and Connected Car market is poised for significant growth, driven by advancements in connectivity and smart technology. As of 2023, the market size is estimated to reach approximately $150 billion, with projections indicating continued expansion due to increasing consumer demand for enhanced safety, efficiency, and automation in vehicles. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Sierra Wireless
◍ Telit
◍ Bosch
◍ U-Blox
◍ Sequans Communications SA
◍ Cavli Wireless
◍ GSMA
◍ Quectel Wireless Solutions
◍ Thales
◍ Samsung
◍ Neoway Technology
◍ MeiG Smart Technology
◍ Visteon
◍ Huawei
◍ Qualcomm
◍ Intel
◍ LG
The IoT and Connected Car market is competitive, featuring key players like Sierra Wireless, Bosch, and Qualcomm. They develop connectivity solutions, enhance vehicle data analytics, and promote smart mobility. Their innovations drive market growth, facilitating advanced vehicle communication. Notable companies include:
- Qualcomm: ~$30 billion
- Bosch: ~€78 billion
- Thales: ~€19 billion
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Market Segmentation
By Application
Fleet Management
Automotive Maintenance System ◍ City Transportation Management ◍ Government ◍ Others
By Product
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Market Growth
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$ X Billion USD
