In-Vehicle Connectivity Market is expected to witness significant growth to 2024

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In-Vehicle Connectivity Market Sees Promising
Growth by during 2019 to 2025 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of In-Vehicle Connectivity
Market

• Asia Pacific is estimated to grow at a
  significant CAGR in the in-vehicle connectivity
  market due to rising disposable income and
  spending on luxury premium vehicles in
  developing countries including China, India, and
  Indonesia. The growing IoT infrastructure
  development coupled with the rising internet
  penetration will contribute to the market growth
  in the region.
• The presence of prominent automakers, such as
  Toyota, Honda, and technology players such as
  Alibaba in the region, are supporting the market
  growth. These players are also focusing on
  strategic alliances with other key players to
  enhance in-vehicle connectivity services for
  automakers, proliferating the in-vehicle
  connectivity market. For instance, in April 2018,
  Alibaba AI Labs partnered with major automotive
  OEMs including Audi AG, Daimler AG, and Volvo AB
  to supply AI technology for home-to-vehicle
  connectivity in China.

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• Application Analysis of In-Vehicle Connectivity
  Market
• Parallel growth for Internet Service Providers
  (ISP) is anticipated to drive the growth of
  in-vehicle connectivity market. Parallel growth
  of ISP will influence the connected vehicles
  market as well as enable connectivity systems
  embedded within the car for a hassle-free driving
  experience. The increase in the demand for driver
  assistance systems is expected to drive the
  growth of market as it will help in hassle-free
  parking and fuel purchase from dashboards without
  requiring any cards or devices to complete the
  purchase.
• By vehicle type, passenger vehicles are
  anticipated to hold the largest market share in
  the in-vehicle connectivity market due to the
  growing demand for luxury, safety, convenience,
  and comfort in the vehicle environment. The
  increasing demand for in-vehicle infotainment,
  payment services for hassle-free, secure, and
  safe driving experience is fueling the market.
  The growing demand for road-side assistance
  through telematics solutions in passenger
  vehicles is anticipated to drive the market.

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Competitive Market Share of In-Vehicle
Connectivity Market

• OEMs are focusing on developing partnerships with
  infotainment players, infrastructure,
  cybersecurity, and application design
  development. For instance, in July 2018, Ford
  partnered with Baidu for joint development of
  technology related to connectivity and
  infotainment systems. According to the
  partnership, Baidu is expected to supply its
  DuerOS conversational AI platform for future
  infotainment systems enable more sophisticated
  voice recognition and other features in vehicles
  manufactured by Ford.
• Some of the key market players of in-vehicle
  connectivity market, which include automotive
  manufacturers are Audi AG, Baidu, Inc., BMW AG,
  Continental AG, Daimler AG, Ford Motor Company,
  General Motors Company, Harman International
  Industries Inc., Honda Motor Co. Ltd., Hyundai
  Motor Corporation, IBM Corporation, Panasonic
  Corp., Tesla Inc., Toyota Motor Corporation, and
  Volvo AB.

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Browse Full Market Research Report On In-Vehicle
Connectivity Market http//bit.ly/2JqGdIa Reque
st for an in-depth table of contents for this
report _at_ http//bit.ly/2LjjwI7 Console Market

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